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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.

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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
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British retail sales decline, pound extends losses
The British pound is lower for a straight third trading day on Friday. In the North American session, GBP/USD is trading at 1.2543, down 0.36% on the day. UK retail sales weaker than expected UK retail sales disappointed in October, with a sharp decline of 0.7% m/m.
22-11-2024 04:22 GMT by Kenneth Fisher
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Yen jumps as BoJ’s Ueda hints at rate hike
The Japanese yen has posted strong gains on Thursday. In the European session, USD/JPY is trading at 154.34, down 0.70% on the day. Ueda says rate decision will depend on data Bank of Japan Governor Ueda’s remarks are always closely monitored and often move the financial markets.
21-11-2024 08:18 GMT by Kenneth Fisher
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Euro slides after ECB financial stability review
The euro is down sharply on Wednesday. In the North American session, EUR/USD is trading at 1.0510, down 0.80% on the day at the time of writing. ECB Financial Stability Review warns of debt crisis Financial stability reviews seldom make the headlines, unless the message is a stark one.
20-11-2024 11:44 GMT by Kenneth Fisher
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UK inflation jumps to 2.3% in October
The British pound has edged lower on Wednesday. In the North American session, GBP/USD is trading at 1.2653, down 0.21% at the time of writing. UK inflation higher-than-expected UK inflation rose to 2.3% year-on-year in October, compared to 1.7% in September and above the market estimate of 2.2%.
20-11-2024 10:22 GMT by Kenneth Fisher
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GBP/USD, GBP/JPY Price Action Ideas Post UK Inflation Release
UK Inflation rises to a 6-month high of 2.3% in October, driven by services inflation. GBP/USD faces downside pressure but could rally if the daily candle closes above 1.2680. GBP/JPY shows mixed technical signals with a potential for upside in the short term. Most Read: Gold Price Analysis: Is the $2,600 Breakout a Bullish Signal or a Temporary Retracement? The GBP received a shot in the arm this morning owing to an uptick in UK inflation data. Market participants immediately repricing their r
20-11-2024 05:58 GMT by Zain Vawda
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USD/CAD lower after Cad. CPI rises to 2%
The Canadian dollar is higher on Tuesday. In the North American session, USD/CAD is trading at 1.3975 at the time of writing, down 0.29% on the day. Canadian inflation hits 2%, higher than expected Canada’s inflation rate rose to 2% y/y in October, higher than the 1.6% gain in September, which was a three-year low.
19-11-2024 11:03 GMT by Kenneth Fisher
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Japanese yen declines on BoJ’s Ueda cautious remarks
The Japanese yen is lower on Monday. In the European session, USD/JPY is trading at 155.08, up 0.51% on the day. Ueda says 'maybe' to rate hike Bank of Japan Governor Ueda sent mixed signals about a rate hike in December, leaving investors unclear and sending the yen lower against the US dollar.
18-11-2024 11:58 GMT by Kenneth Fisher
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Will the Fed-ECB Policy Gap Sink the Euro? EUR/USD Analysis
EUR/USD faces pressure due to a strong US Dollar and concerns about the ECB's policy direction. The US election and potential trade war concerns are weighing on the Euro. The interest rate differential between the Fed and ECB is a key factor to watch. Most Read: Markets Weekly Outlook – PMI Data, UK Inflation and the Soft Landing Conundrum The US Dollar bulls continue to hold firm at the start of the week following signs that some weakness may materialize.
18-11-2024 08:08 GMT by Zain Vawda
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Markets Weekly Outlook - PMI Data, UK Inflation and the Soft Landing Conundrum
US Dollar Index rally continues and the impact of a strong US dollar on global markets. Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market implications. Assessing the likelihood of further rate cuts by the Federal Reserve and the Bank of England. Providing insights on market trends and potential volatility in the coming week.
15-11-2024 12:44 GMT by Zain Vawda
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Aussie stabilizes, China retail sales rise
The Australian dollar is steady after a five-day slide, which saw the currency fall by 3.5% during that period. In the European session, AUD/USD is trading at 0.6471, up 0.28% on the day. China retail sales beats expectations China retail sales, a key indicator of domestic consumption, jumped 4.8% y/y in October, up sharply from 3.2% in September and above the market estimate of 3.8%.
15-11-2024 06:03 GMT by Kenneth Fisher
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Japan GDP beats forecast, yen ends skid
The Japanese yen is in positive territory today, putting the brakes on a four-day skid. In the European session, USD/JPY is trading at 155.54 down 0.45% on the day. Japan GDP climbs 0.9% Japan’s economy expanded by 0.9% in the third quarter, below the revised 2.2% gain in Q2 but above the market estimate of 0.7%.
15-11-2024 03:50 GMT by Kenneth Fisher
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