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 Index (DXY): Dollar Recovers as Tariffs Take Center Stage

President Trump's comments about potential tariffs on Canada and Mexico by February 1st caused increased market volatility and risk aversion. The US Dollar Index (DXY) experienced significant price swings due to uncertainty and shifting information.

21-01-2025 09:15 GMT by Zain Vawda

Pound slips as UK payrolls slide

The British pound continues to show sharp swings this week. After a spectacular 1.3% gain on Monday, GBP/USD has reversed directions and is trading at 1.2233 in the European session, down 0.68% on the day. UK payrolls slump, wage growth climbs The UK payrolls report, a reliable indicator of employment growth, showed a sharp decline of 47 thousand m/m in December 2024.

21-01-2025 07:36 GMT by Kenneth Fisher

CAD/JPY Technical: Trump’s shock and awe trade policy manoeuvre erased CAD gains

Yesterday’s ex-post Trump’s inauguration speech US dollar sell-off has started to reverse course. In less than 24 hours after adopting a milder trade tariffs plan towards US major trading partners, Trump has changed his stance to mention that 25% trade tariffs may be enacted on Canada and Mexico on 1 February.

21-01-2025 05:32 GMT by Kelvin Wong

Pound soars on report that Trump will delay tariffs

The British pound started the day with light gains but has soared in the North American session. GBP/USD is currently trading at 1.2290, up 1.06% on the day.

20-01-2025 13:20 GMT by Kenneth Fisher

USD/JPY calm in holiday trade

The yen is almost unchanged on Monday. In the European session, USD/JPY is trading at 156.37, up 0.06% on the day.

20-01-2025 06:05 GMT by Kenneth Fisher

Markets Weekly Outlook - Trump 2.0 Takes Flight as BoJ Decision Looms

It was a strong week for US stocks and gold, with the S&P rising about 3% by the end of the week. Markets are bracing for potential volatility and policy surprises as Donald Trump is inaugurated as US President.

17-01-2025 12:53 GMT by Zain Vawda

China's GDP beats forecast, Aussie shrugs

The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong China numbers boost the Aussie? There was good news out of China on Friday, highlighted by GDP which was stronger than expected.

17-01-2025 07:21 GMT by Kenneth Fisher

Will the BoJ Save the Yen and Sink GBP/JPY?

Weak UK retail sales and GDP data has put pressure on the British pound. Rumors suggest the Bank of Japan (BoJ) may hike rates next week, which could impact the Yen and GBP/JPY. On shorter timeframes (daily and hourly), there's potential for a bounce and retest of broken trendlines, with resistance levels around 191.50 and 193.00. Most Read: Global Market Outlook 2025: Trends, Risks, and Opportunities for Traders The British pound remains under pressure following a surprisingly weak retail

17-01-2025 06:15 GMT by Zain Vawda

GBP/USD slips after soft UK retail sales

The British pound is lower on Friday. In the European session, GBP/USD is currently trading at 1.2201, down 0.27% on the day.

17-01-2025 05:25 GMT by Kenneth Fisher

GBP/JPY Technical: Bearish breakdown from 4-month range

Japan’s overnight swap rates have indicated rising odds of a BoJ interest rate hike next week. JPY crosses have lost upside momentum in the last four weeks; the weakest among the G-10 is the GBP/JPY. A potential looming medium-term downtrend phase has kickstarted for GBP/JPY. This is a follow-up analysis of our prior report “USD/JPY: Yen strength elements emerged ahead of BoJ meeting next week” published on 16 January 2025. Click here for a recap. In the run-up to next Friday, 24 January, the

17-01-2025 05:05 GMT by Kelvin Wong

AUD/USD dips as Aussie jobs data sparkles, US retail sales dip

The Australian dollar is showing little movement on Thursday, after a three-day rally in which the Aussie rose 1.3%. In the North American session, AUD/USD is trading at 0.6218, down 0.12% at the time of writing. Australia adds 56.3 thousand jobs Australia's labor market continues to hum and has been a bright light in an otherwise weak economy.

16-01-2025 11:49 GMT by Kenneth Fisher

UK GDP less than expected, pound edges lower

The British pound has edged lower on Thursday. In the European session, GBP/USD is currently trading at 1.2205, down 0.22%. UK GDP posts weak gain of 0.1% The UK economy climbed out of negative growth for the first time in three months but not by much.

16-01-2025 06:25 GMT by Kenneth Fisher

USD/JPY: Yen strength elements emerged ahead of BoJ meeting next week

Hawkish speeches from BoJ officials coupled with a softer US core CPI print for December put an interim ceiling on US dollar strength against the yen. The leading 10-year yield spread of the US Treasury note against the JGB has staged a bearish breakdown condition.

16-01-2025 05:09 GMT by Kelvin Wong

US CPI matches estimate, UK CPI falls unexpectedly

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.

16-01-2025 04:38 GMT by Kenneth Fisher

Aussie rises after US core CPI declines to 3.2%

The Australian dollar is higher for a third consecutive trading day. In the North American session, AUD/USD is trading at 0.6233, up 0.63% at the time of writing. US headline CPI rises to 2.9%, core CPI eases to 3.2% The US inflation report for December was a mixed bag, as headline CPI rose while the core rate declined.

15-01-2025 10:23 GMT by Kenneth Fisher

Bitcoin (BTC/USD) vs. Nasdaq: Is the Correlation Affecting Crypto Outflows?

Bitcoin has recovered from a sharp selloff earlier in the week, rising from around 89000 to nearly 98500 post CPI. ETF flow data shows three consecutive days of net outflows for Bitcoin as correlation with Nasdaq grows. Could a Trump Presidency lead to significant capital inflow into Bitcoin in 2025? Technically, Bitcoin is at a critical juncture breaking the 50-day moving average and eyeing the 100k handle. Most Read: Gold (XAU/USD) Price Tug-of-War Continues. Breakout Incoming?

15-01-2025 08:51 GMT by Zain Vawda

UK inflation lower than expected, Sterling shrugs

The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. UK inflation softer than expected The UK's annual inflation rate eased slightly in December 2024, dropping to 2.5% from 2.6% in November.

15-01-2025 07:16 GMT by Kenneth Fisher

Gold (XAU/USD) Price Tug-of-War Continues. Breakout Incoming?

Gold prices are currently in flux thanks to the US Dollar, global trade uncertainties, and geopolitics. A softer-than-expected US PPI release caused a temporary jump in Gold prices. The upcoming US CPI release is a key event that could trigger a significant move in Gold prices.

14-01-2025 11:33 GMT by Zain Vawda

BOJ to discuss rate hike, yen dips lower

The yen remains calm and is lower on Tuesday. In the North American session, USD/JPY is trading at 157.98, up 0.34% on the day. US inflation expected to rise There are no tier-1 events out of Japan this week and the yen is having a relatively quiet week.

14-01-2025 11:02 GMT by Kenneth Fisher

AUD/USD steady as consumer sentiment slips lower

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment declines for second straight month The Australian consumer remains pessimistic about the economic outlook.

14-01-2025 08:16 GMT by Kenneth Fisher

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