President Trump's tariffs on Mexico and Canada have been postponed to March 1st after successful negotiations.
04-02-2025 05:45 GMT
by Zain Vawda
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.
The euro has weakened at the start of the new week. EUR/USD slumped over the weekend and dropped as low as 1.0141, its lowest level since Nov.
03-02-2025 13:09 GMT
by Kenneth Fisher
The Australian dollar is coming off a nasty week, declining 1.6%, and the slide has continued on Monday. In the European session, AUD/USD is trading at 0.6146, down 1% on the day.
03-02-2025 06:48 GMT
by Kenneth Fisher
The Canadian dollar is steady on Friday. In the North American session, USD/CAD is trading at 1.4523, up 0.23% on the day.
The week wrapped up with Canada's GDP, a report card on the strength of the economy.
31-01-2025 09:29 GMT
by Kenneth Fisher
The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at 154.73, up 0.28% on the day.
Tokyo core CPI rises 2.5%
Japan's Tokyo's core inflation rate accelerated to 2.5% y/y in January, up from 2.4% in December and in line with market expectations.
31-01-2025 07:33 GMT
by Kenneth Fisher
Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world.
MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets.
31-01-2025 01:47 GMT
by Kenneth Fisher
The euro has edged lower ahead of today's rate annoucement from the European Central Bank. In the European session, EUR/USD is currently trading at 1.0396, down 0.23% on the day.
ECB projected to lower rates to two-year low
The European Central Bank is widely expected to deliver a 25-basis point rate cut at today's meeting, which would bring the deposit rate to 2.75%.
30-01-2025 06:43 GMT
by Kenneth Fisher
The Federal Reserve held interest rates steady and signaled a "wait and see" approach as uncertainties remain.
US Commerce Secretary Nominee Lutnick expressed support for sweeping tariffs, claiming they don't impact inflation.
President Trump blamed the Fed for inflation, escalating tension between him and the central bank.
The US Dollar Index (DXY) experienced volatility following the FOMC, but struggles at key resistance level.
30-01-2025 04:01 GMT
by Zain Vawda
The British pound is showing little movement on Wednesday. In the North American session, GBP/USD is trading at 1.2440, up 0.02% on the day.
Bailey says UK debt could spiral higher
Bank of England Governor testified before the Treasury Select Committee today and warned that the UK needed to address the increase in government debt levels.
29-01-2025 12:47 GMT
by Kenneth Fisher
The Australian dollar is down for a third straight trading day and has declined 1.3% this week. In the North American session, AUD/USD is trading at 0.6228, down 0.37% on the day.
Australian CPI falls to 2.4%
Australia's annual inflation rate dropped to 2.4% in the fourth quarter of 2024 from 2.8% in Q3.
29-01-2025 11:45 GMT
by Kenneth Fisher
The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.44236, up 0.23% on the day.
29-01-2025 07:39 GMT
by Kenneth Fisher
Talking Points
FOMC Rate Decision: Market expectations for a rate cut are low due to concerns about slower disinflation and tariff impacts. Traders will watch for Jerome Powell's comments on tariffs and inflation.
ECB Rate Decision: A rate cut is widely expected, with concerns about potential US tariffs on the EU weighing on the Euro.
Tariff Threats and Market Uncertainty: Markets are volatile due to uncertainty surrounding potential US tariffs on Canada, Mexico, China, and the EU.
28-01-2025 23:28 GMT
by Moheb Hanna
USD/CHF found support at the ascending trendline for the third time, hinting at a potential reversal and further upside.
Safe haven flows and policy divergence between the Fed and SNB are influencing the Swiss Franc's value.
A break above 0.90680 on the H4 chart could signal a bullish reversal.
Most Read: Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC
USD/CHF fell yesterday as the CHF benefitted from safe haven demand. The US dollar had been attracting haven demand
28-01-2025 14:00 GMT
by Zain Vawda
The British pound has reversed directions on Tuesday and is considerably lower. In the North American session, GBP/USD is trading at 1.2436, down 0.48% on the day.
UK food inflation hits 9-month high
The Bank of England has waged a tough war with inflation and managed to push inflation below its 2% target last September, when CPI eased to 1.7%.
28-01-2025 13:21 GMT
by Kenneth Fisher
The US Treasury is proposing a gradual increase in universal tariffs, causing uncertainty in the US Dollar and market expectations.
The Federal Reserve meeting tomorrow is expected to result in an extended pause due to tariff uncertainties and potential inflation impact.
Gold maintains a bullish bias due to uncertainties around tariffs and their impact, with safe-haven flows to support prices.
28-01-2025 10:52 GMT
by Zain Vawda
The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%.
Australian CPI expected to ease to 2.5%
Investors are keeping a closer eye on the third-quarter inflation report, which will be released early on Wednesday.
28-01-2025 05:31 GMT
by Kenneth Fisher
The Japanese yen has started the week with huge gains against the US dollar and has climbed to five-week highs. In the European session, USD/JPY is trading at 154.14, down 1.1% on the day.
Will BoJ continue its tightening cycle?
The Bank of Japan rate hike on Friday was expected by the markets but the Japanese yen continues to show strong movement in the aftermath of the rate decision. The yen initially recorded gains after the rate announcement but surrendered almost all of these gains on Fr
27-01-2025 08:01 GMT
by Kenneth Fisher
US equities markets rose due to President Trump's pro-business policies and decision to not impose tariffs on major trading partners yet.
The Bank of Japan raised rates to 0.5%, the highest since 2008.
The week ahead sees markets shift attention toward Central Bank policy with the ECB and Fed meeting in focus.
24-01-2025 13:32 GMT
by Zain Vawda
The Japanese yen gained as much as 0.8% earlier today but has failed to consolidate these gains. In the European session, USD/JPY is trading at 156.03, dwon 0.02% on the day.
BoJ raises rates to highest since 2008
The Bank of Japan hiked its policy rate by 25 basis points earlier today, as expected.
24-01-2025 07:51 GMT
by Kenneth Fisher
The Canadian dollar is higher on Friday. In the European session, USD/CAD is trading at 1.4342, up 0.30% on the day. There are no Canadian events today and the US will release manufacturing and services PMIs.
Canada's retail sales jump 1.6% in December
The Canadian dollar is in positive territory today after a sparkling retail sales report.
24-01-2025 04:06 GMT
by Kenneth Fisher