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.

Yen extends gains, markets eye US nonfarm payrolls
Japanese yen extends rally for a third consecutive day BoJ's Uchida says rate hikes still on the table despite tariff concerns US nonfarm payrolls expected to edge slightly The Japanese yen has extended its gains on Friday.  In the European session, USD/JPY is trading at 147.79, down 0.13% on the day. It was a light calendar in Japan this week but that didn't stop the yen from taking advantage of a broadly weaker US dollar.  The yen has posted gains of 1.9% against the US dollar this week and
by Kenneth Fisher
US, Canada release job numbers - will Canadian dollar's rally continue?
The Canadian dollar is on a three-day winning streak, gaining 1.2% during that time.  USD/CAD is trading quietly at 1.4316 in the European session, up 0.14% on the day.  We could see volatility from the pair later today, as both Canada and the US releases employment reports. Canada's job growth expected to drop sharply Canada's economy remains weak but the labor market has been surprisingly resilient. The economy added 76 thousand jobs in January and 90.9 thousand a month earlier.
by Kenneth Fisher
EUR/USD keeps rolling after ECB rate cut
Euro rally continues ECB lowers rates by 25 bps to 2.5% ECB's Lagarde warns of growing risks and uncertainty US nonfarm payrolls expected to rise slightly to 160 thousand The euro has posted strong gains on Friday after taking a pause a day earlier.  EUR/USD is trading at 1.0858 in the European session, up 0.69% on the day.  It's been a remarkable week for the euro, which has soared 4.7% against the US dollar. ECB cuts but Lagarde warns of uncertainty The ECB lowered rates by 25 basis points on
by Kenneth Fisher
NFP Preview: February 2025 Jobs Report and US Dollar Impact
The US Bureau of Labor Statistics will release the non-farm payroll (NFP) and jobs data for February 2025 on Friday, March 7th, 2025. Economists are predicting 170,000 jobs added and the unemployment rate holding steady at 4.0%. Key factors influencing February's jobs report include potential federal job cuts, changes in trade policies, a strong services sector, and mild weather conditions. Technical analysis of the US Dollar Index (DXY) shows it at a crossroads, where to next? Most Read: Dow J
by Zain Vawda
ECB Expected to Cut Rates: What It Means for the Euro and Markets
A 25 basis point cut to the ECB deposit facility rate is widely anticipated, marking the seventh cut in the current cycle. The ECB continues to cut rates amid slow Eurozone growth, while the Federal Reserve pauses, creating a notable divergence in monetary policy. What next for EUR/USD? Most Read: Dow Jones (DJIA) Holds Support: Tariffs, Data & US Auto Tariff Exemption A 25 basis point cut to the ECB deposit facility rate is fully expected today. However, the chances of another cut in April are
by Zain Vawda
Canadian dollar higher as US suspends auto tariffs
The Canadian dollar is steady on Thursday after gaining around 1% over the past two days.  In the European session, USD/CAD is trading at 1.4351, up 0.07% on the day.  We could see some volatility from the Canadian dollar over the next two days, with the release of the Ivey PMI today and the employment report on Friday. US suspends auto tariffs but trade tensions with Canada remain The Trump tariff saga took a twist on Wednesday, as the US announced it would exempt automakers in Canada and Mexic
by Kenneth Fisher
EUR/USD Outlook: Germany's fiscal bazooka ignites Euro bulls, but a minor pullback is imminent as ECB looms
An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end German Bund yields is likely to alter ECB monetary policy guidance towards a “less dovish stance.” The three-month rally in the EUR/USD has reached overbought condition, at risk of a minor corrective pull-back below 1.0885/0940. In the upcoming European Central Bank (ECB) meeting on Thursday, 6 March, where market participants are expecting another 25 basis
by Kelvin Wong
Dow Jones (DJIA) Holds Support: Tariffs, Data & US Auto Tariff Exemption
US stock markets (Dow Jones, S&P 500) are experiencing volatility due to Trump administration tariffs. A one-month tariff exemption for US automakers has temporarily eased market pressure, but the long-term sustainability of this is uncertain. US economic data is mixed, with a services PMI showing growth but rising input costs. Technically, the Dow Jones is in a bearish trend but holding key support levels. Most Read: Brent Oil Price Analysis: Six-Month Lows Amid OPEC Output, Tariffs & Russia-U
by Zain Vawda
Swiss franc hits new 2025 high as inflation continues to fall
The Swiss franc has rallied for a third straight trading day.  In the North American session, USD/CHF is trading at 0.8884, down 0.12% on the day. The Swiss franc has jumped 1.6% this week and earlier strengthened to 0.8856, its best level this year. Switzerland's inflation falls to lowest in nearly four years Swiss inflation has been falling and the trend continued in February.
by Kenneth Fisher
Australian GDP beats forecast, Aussie edges higher
The Australian dollar has extended its gains on Wednesday.  AUD/USD is trading at 0.6271 in the European session, up 0.20% on the day.  The Australian dollar jumped 0.75% on Tuesday, driven by the hawkish Reserve Bank of Australia minutes and a solid retail sales report. Australian GDP rises 1.3% Australia's economy expanded by 1.3% y/y in the fourth quarter of 2024, up from 0.8% in Q3 and above the market estimate of 1.2% and the RBA's forecast of 1.1%.  This marked the fastest pace of growth s
by Kenneth Fisher
Euro hits three-month high, eurozone unemployment rate unchanged
The euro has extended its gains on Tuesday.  EUR/USD is trading at 1.0523 in the North American session, up 0.36% on the day.  Earlier, the euro rose as high as 1.0559, its highest level since December 10. Eurozone unemployment remains at 6.2% The eurozone economy is sputtering but there's nothing wrong with the employment picture.  The unemployment rate remained at 6.2% for a third straight month in January, a record low.  The December reading was revised downwards from 6.3%.  Germany, the la
by Kenneth Fisher
EUR/USD soars as eurozone CPI higher than expected
The euro has charged out of the gates and posted strong gains on Monday.  In the North American session, EUR/USD is trading at 1.0484, up 1.06%.  With today's sharp gains, the euro has ended a three-day slide. Eurozone CPI eases to 2.4% but beats forecast.
by Kenneth Fisher
Markets Weekly Outlook - Tariffs, NFP and ECB Meeting on the Agenda
Tariffs have been the primary driver of market volatility. US economic data shows signs of a potential stall, with consumer spending down and inflation remaining high. The S&P 500 and Nasdaq 100 are struggling, and the Fear and Greed index is in fear territory. Next week's focus includes potential US tariffs, China's Two Sessions meeting, and the ECB's interest rate decision.
by Zain Vawda
Canadian dollar eyes Canada's GDP
The Canadian dollar is calm in the European session, trading at 1.4438, up 0.02% on the day.  Later today, Canada releases GDP and the US publishes the Core PCE Price Index.  USD/CAD has rallied for five straight trading days, gaining 1.8% during that time and hitting a three-week high. Canada's GDP expected to rebound in January.
by Kenneth Fisher
PCE Preview and S&P 500 Forecast: US Economy, Inflation Fears, and Tariff Threats
The US Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred inflation gauge, is due Friday. Recent US economic data has been weaker than expected, leading to increased market fear. Tariff threats by President Trump have added to market concerns about inflation and global growth. Technically, the S&P 500 is in bearish territory, having broken key support levels.
by Zain Vawda
Japanese yen lower, Tokyo Core CPI next
The Japanese yen has posted losses on Thursday.  In the North American session, USD/JPY is trading at 149.84, up 0.48% on the day. Tokyo core CPI expected to ease to 2.3% Inflation has been steadily moving higher in Japan and January's inflation data reflects the upward trend.  The consumer price index climbed to 3.2%, a 19-month high, and the producer price index and the BoJ Core CPI both accelerated in January compared to a month earlier.
by Kenneth Fisher
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