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.

USD/JPY Technical: Potential start of a medium-term corrective decline

Yen strength continued to persist reinforced by an uptick seen in the leading Tokyo’s core-core inflation rate as it rose to 1.9% y/y in November. Japan’s overnight swap rates have indicated an increase in odds that BoJ may hike its short-term policy interest rate again in the upcoming 18-19 December meeting. Watch the 149.30 intermediate support (potential downside trigger) on the USD/JPY. Earlier this week, we published two reports that highlighted the potential looming yen strength against o

29-11-2024 04:45 GMT by Kelvin Wong

Yen soars as Japan’s core inflation jumps

The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day.

29-11-2024 03:39 GMT by Kenneth Fisher

Swiss central bank eyes GDP

The Swiss franc has posted slight gains on Thursday. In the North American session, USD/CHF is currently trading at 0.8829, up 0.12% on the day.

28-11-2024 12:39 GMT by Kenneth Fisher

Euro steady as German CPI rises to 2.2%

The euro has lost ground on Thursday. In the North American session, EUR/USD is down 0.11%, trading at 1.0554 at the time of writing.

28-11-2024 10:46 GMT by Kenneth Fisher

Yen rally fizzles, Tokyo Core CPI expected to rise

The Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading sessions. In the European session, USD/JPY is trading at 151.83, up 0.57% on the day.

28-11-2024 05:09 GMT by Kenneth Fisher

British pound jumps, US PCE inflation meets expectations

The British pound has posted sharp gains on Wednesday. In the North American session, GBP/USD is trading at .1.2669, up 0.81% on the day. There are no UK releases today, but in the US it’s a busy data calendar.

27-11-2024 11:42 GMT by Kenneth Fisher

USD/JPY Price Outlook - Yen Extends Gains as Key Confluence Level Approaches

The Yen strengthens against the US Dollar amid growing expectations of a December rate hike by the Bank of Japan (BoJ). Market sentiment is shifting towards a BoJ policy normalization, with a 61% probability priced in for a 25 bps hike. US economic data has added to USD weakness today aiding Yen gains. USD/JPY approaches a key confluence support area between 150.80 and 150.00. Most Read: Trading GBP/USD: Key Levels to Watch Ahead of US Data USD/JPY has continued its decline today as US Dollar w

27-11-2024 10:07 GMT by Zain Vawda

Australian dollar steady after Australia’s CPI dips

The Australian dollar is showing little movement after Australia released the October inflation report. In the European session, AUD/USD is trading at 0.6478, up 0.06% on the day. Australia’s inflation rate lower than expected at 2.1% The Australian consumer price index rose 2.1% y/y in October, unchanged from September.

27-11-2024 08:19 GMT by Kenneth Fisher

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CAD/JPY Technical: Another falling domino yen cross rattled by Trump’s tariffs threat

A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs. Technical analysis suggests a potential new medium-term downtrend phase for CAD/JPY. Watch the 111.45 key medium-term resistance on the CAD/JPY.

27-11-2024 04:46 GMT by Kelvin Wong

NZD/USD slides after Fed rate cut, NZ GDP next

The New Zealand dollar has ended a five-day losing streak on Wednesday. In the European session, NZD/USD is trading at 0.5887, up 0.9% on the day. RBNZ chops rates by 50 basis points The Reserve Bank of New Zealand lowered its cash rate by 50 basis points today in a widely-expected decision.

27-11-2024 04:25 GMT by Kenneth Fisher

Trading GBP/USD: Key Levels to Watch Ahead of US Data

GBP/USD is stuck in a tight range, reflecting market indecision. Upcoming US data releases, including GDP and PCE data, could trigger a breakout from the range. The US Dollar Index's performance will heavily influence GBP/USD's movements. Most Read: S&P 500 Eyes Fresh All-Time Highs Despite Trump Tariff Threats. 6500 by Year End? Cable has continued to consolidate in a 100 pip range this week with yesterday a prime example of the indecision at play.

27-11-2024 03:42 GMT by Zain Vawda

New Zealand dollar eyes RBNZ rate announcement

The New Zealand dollar is in positive territory on Tuesday, after a four-day losing streak. In the European session, NZD/USD is trading at 0.5850, up 0.09% on the day.

26-11-2024 09:00 GMT by Kenneth Fisher

Australian dollar under pressure, CPI next

The Australian dollar declined as much as 1% on Tuesday before recovering these losses. In the European session, AUD/USD is trading at 0.6497, down 0.1% on the day.

26-11-2024 08:14 GMT by Kenneth Fisher

Yen edges higher after mixed inflation data

The Japanese yen has been relatively quiet for over a week and the trend has continued on Tuesday. In the European session, USD/JPY is trading at 153.79, down 0.25% on the day. BoJ Core CPI dips, services inflation ticks higher Japan release mixed inflation numbers on Tuesday.

26-11-2024 06:18 GMT by Kenneth Fisher

AUD/JPY Technical: Trump trade tariffs tantrum may spark a sell-off yen cross pairs

US President-elect Trump used his Truth Social network to announce his latest tariff threats. Trump vowed to impose 10% additional tariffs on China exports to the US and 25% tariffs on all products from Mexico and Canada. The recent two-month rally seen in AUD/JPY has flashed out bearish technical elements.

26-11-2024 06:11 GMT by Kelvin Wong

USD/JPY eyes BoJ Core CPI

The Japanese yen has started the new trading week with slight gains. In the North American session, USD/JPY is trading at 154.33, down 0.24% on the day. BoJ Core CPI expected to rise to 1.8% The Bank of Japan releases the Bank of Japan Core CPI, a preferred inflation indicator of the central bank.

25-11-2024 11:54 GMT by Kenneth Fisher

New Zealand dollar edges lower as retail sales slide

The New Zealand dollar has posted gains on Monday, ending a three-day skid. In the North American session, NZD/USD is trading at 0.5856, up 0.35% on the day.

25-11-2024 10:42 GMT by Kenneth Fisher

Canadian dollar shrugs as retail sales jump

The Canadian dollar has started the week with small gains. In the European session, USD/CAD is trading at 1.3958 at the time of writing, down 0.15% on the day.

25-11-2024 06:44 GMT by Kenneth Fisher

Markets Weekly Outlook - Inflation Data & Geopolitics to Dominate

Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE inflation data will influence Fed policy and market sentiment. Read More: Gold Price Analysis: Is the $2,600 Breakout a Bullish Signal or a Temporary Retracement? Week in Review: DXY Continues Advance, as EU and UK Growth Struggles Continue Europe and the UK are the biggest losers t

22-11-2024 12:24 GMT by Zain Vawda

USD/CAD flirting with 140, retail sales next

The Canadian dollar is lower on Friday. In the North American session, USD/CAD is trading at 1.3998 at the time of writing, up 0.16% on the day.

22-11-2024 05:43 GMT by Kenneth Fisher

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