Forex: all news & analysis

Explore our comprehensive Forex Archive, an essential resource that provides expert insights on price movements, trends, and the currency market. By analysing past price actions and key events, you can uncover vital market dynamics and elevate your understanding of effective trading strategies. Whether you're focusing on major currency pairs or emerging markets, our archive is packed with information to help you sharpen your trading decisions.

Australian dollar pauses after strong gains

The Australian dollar is showing limited movement on Tuesday, after posting sharp gains at the start of the week. In the North American session, AUD/USD is trading at 0.7133, up 0.10% on the day. There are no tier-1 events out of Australia this week, but the data released this week is pointing upwards.

08-02-2022 11:34 GMT by Kenneth Fisher

NZD flat ahead of Inflation Expectations

It has been a quiet start to the week for the New Zealand dollar. This week's economic calendar is light, with no New Zealand data on Tuesday.

08-02-2022 07:10 GMT by Kenneth Fisher

Euro dips to 1.14, Lagarde shifts gears

The euro is slightly lower on Tuesday, after little movement on Monday. In the European session, EUR/USD is trading at 1.1409, down 0.28% on the day.

08-02-2022 06:00 GMT by Kenneth Fisher

US Close: Slow Start for Stocks, Lagarde pushes back, Oil rally pauses, Gold rallies, Bitcoin momo is back

US stocks will struggle for direction until the latest inflation tilts market’s expectations as to how aggressive the Fed will tighten into what is still deemed as an overvalued stock market. Wall Street saw early selling pressure for tech stocks as investors still digest a wrath of disappointing outlooks and surging borrowing costs. Technology stocks are no longer a one-way trade as investors cut losses and now focus on valuations, competition, and long-term outlooks. FX Financial markets are

07-02-2022 16:29 GMT by Edward Moya

Cdn. dollar rebounds after soft job data

The Canadian dollar has started the week with strong gains, recovering after sharp losses at the end of the week. There are no Canadian tier-1 events on the calendar, so US numbers will have a magnified impact on the movement of the Canadian dollar. The US nonfarm payrolls outperformed in spectacular style, posting a gain of 467 thousand jobs in January.

07-02-2022 11:48 GMT by Kenneth Fisher

Euro records monster week

The euro is slightly lower in Monday trading, after an outstanding week of gains. EUR/USD surged 2.71% last week, its best weekly performance since March 2020. The US nonfarm payrolls for January was a massive surprise to the upside, with a gain of 467 thousand jobs in January.

07-02-2022 09:34 GMT by Kenneth Fisher

Aussie rebounds on strong retail sales

The Australian dollar has started the week with gains. In the European session, AUD/USD is trading at 0.7091, up 0.26% on the day. It was shaping up to be a banner week for the Aussie, which recorded gains every day of last week until a bump at the end of the week.

07-02-2022 04:40 GMT by Kenneth Fisher

NFP React: Payroll Shocker, Wall Street eyes half-point March liftoff, Amazon impresses

US stocks traded mixed after a surprisingly strong employment report made some investors nervous the Fed will be forced to be much more aggressive with fighting inflation. The Nasdaq was boosted after yesterday’s flawless Amazon earnings report. Amazon delivered strong eps and AWS revenue beats, reported a $12 billion gain from their bet on Rivian, and raised their annual Prime membership prices. Investors care about Cloud growth and future profits and Amazon’s earnings report had all those bo

04-02-2022 11:10 GMT by Edward Moya

Sterling yawns after BoE hike

The British pound is slightly lower in Friday trading. It has been an excellent week for GBP/USD, which has gained 1.26%.

04-02-2022 07:58 GMT by Kenneth Fisher

Euro rockets as Lagarde talks hawkish

The euro has posted slight gains in the European session, as it trades around 1.1450. Thursday was an absolute barn-burner, as EUR/USD surged 1.18%, its best one-day performance since December 2020. Lagarde beats a retreat on rates The ECB did not raise rates at its meeting on Thursday, but some tweaks in the statement and hawkish comments from ECB President Lagarde were enough to send the euro soaring.

04-02-2022 04:51 GMT by Kenneth Fisher

EUR/GBP - Jumps after ECB

OANDA Senior Market Analyst Craig Erlam discusses EURGBP following the ECB and BoE meetings.

03-02-2022 13:01 GMT by Craig Erlam

Bank of Canada expects inflation to ease

Inflation has been rising in Canada, with December CPI hitting 4.8% y/y, a 30-year high. The Bank of Canada is keeping a watchful eye on inflation but has a new problem to worry about.

03-02-2022 12:19 GMT by Kenneth Fisher

Aussie steady as rally fizzles

The Australian dollar headed lower earlier in the day before recovering. In the North American session, AUD/USD is trading at 0.7137, down 0.01% on the day. The RBA policy meeting went as expected, with the bank winding up its bond asset programme while preaching caution.

03-02-2022 10:05 GMT by Kenneth Fisher

Euro rally pauses ahead of ECB

The ECB is expected to maintain monetary policy at today's meeting, but investors have been snapping up euros ahead of the meeting, with EUR/USD up 1.26% this week. The upswing in eurozone inflation, which was reinforced by the January record-breaking CPI report, has raised expectations that the ECB will implement a rate hike before the end of 2022.

03-02-2022 04:55 GMT by Kenneth Fisher

GBP in holding pattern as BoE meets

The British pound has put together an impressive rally this week, with gains of 1.11%. The currency has taken a pause ahead of a key BoE policy meeting later today. BoE expected to hike rates The Bank of England is widely expected to raise rates by 0.25% at today's meeting.

03-02-2022 04:12 GMT by Kenneth Fisher

Canadian dollar yawns despite solid GDP

The Canadian dollar is flat on Wednesday, trading at 1.2685 in the North American session. Canada GDP beats consensus Canada's GDP outperformed in November, but the positive news wasn't enough to move the sleepy Canadian dollar. GDP expanded by 0.6%, above the consensus of 0.4%.

02-02-2022 12:01 GMT by Kenneth Fisher

Euro climbs as inflation outperforms

We are seeing plenty of volatility in the currency markets, and the euro is no exception. EUR/USD has climbed 1.37% this week, recapturing the lion's share of last week's losses. It's a safe bet that ECB President Christine Lagarde was not pleased with the January eurozone inflation report for December, which was released just ahead of Thursday's ECB policy meeting.

02-02-2022 10:50 GMT by Kenneth Fisher

Australian dollar extends gains

We continue to see strong movement from the Australian dollar, which has gained ground for a third successive day. The currency has gained 2.2% this week, recovering most of last week's losses. Lowe preaches patience After an RBA meeting that contained no surprises, the markets were hoping to gain some insights when Governor Lowe spoke at an event on Wednesday which included a Q&A session.

02-02-2022 07:55 GMT by Kenneth Fisher

NZ dollar pauses after mixed jobs data

The New Zealand dollar has been showing plenty of volatility over the past week but is steady on Wednesday. After plunging 2.56% last week, the currency has rebounded, recovering about half of those losses this week.

02-02-2022 06:23 GMT by Kenneth Fisher

Market Insights Podcast (Episode 289)

OANDA Senior Market Analyst Ed Moya previews the day's market news with Jonny Hart. They discussed markets, discuss the RBA rate decision, preview what the BOE might do, and provided some insight to why energy traders closely followed Exxon's earnings results.

01-02-2022 21:05 GMT by Edward Moya

1 … 234 235 236 … 241