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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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SNB cut sends Swiss franc tumbling
The Swiss franc is down sharply on Thursday. USD/CHF is trading at 0.8897 in the European session, up 0.67% on the day. Swiss National Bank trims rate to 1.25% The Swiss National Bank kept investors hanging right up to the last minute as to whether or not it would cut rates at Thursday’s meeting.
20-06-2024 06:15 GMT by Kenneth Fisher
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CHF: Getting bid up due to safe haven status
The prior 6-month weakness of the Swiss franc against G-10 currencies has seen a short-term bullish reversal due to safe haven demand. Ongoing political uncertainty arising from the upcoming French legislative elections reinforced the ongoing CHF strength which led to three consecutive weekly losses on the EUR/CHF cross pair. A surprise dovish stance from the SNB monetary policy decision out on Thursday, 20 June may put a short-term halt to the ongoing CHF strength. EUR/CHF short-term downtrend
19-06-2024 10:40 GMT by Kelvin Wong
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USD/CHF – Flat ahead of SNB rate decision
The Swiss franc is almost unchanged on Wednesday. USD/CHF is trading at 0.8838 in the North American session, down 0.04% on the day. Will the Swiss National Bank cut rates again? Switzerland’s central bank will announce its rate decision on Thursday and the markets are on edge.
19-06-2024 09:40 GMT by Kenneth Fisher
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UK Inflation Back at 2% but Services Inflation Remains a Concern, GBP/USD Rises
UK Inflation Rate: UK Inflation Rate YoY reaches 2% yet services inflation poses a challenge. UK Core Inflation Rate YoY 3.5% down from a previous print of 3.9%. GBP/USD rises as 1.2750 resistance area beckons. The Bank of England (BoE) will likely have mixed feelings this morning following the release of the May inflation report. Inflation has hit the Central Bank's 2% target for the first time in nearly 3 years but the gap between goods and services inflation is a concern.  For all market-m
19-06-2024 04:29 GMT by Zain Vawda
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GBP/USD eyes UK inflation
The British pound has edged lower on Tuesday. GBP/USD is trading at 1.2683 in the European session at the time of writing, down 0.16% on the day.
18-06-2024 07:09 GMT by Kenneth Fisher
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Euro steadies after market jitters subside
The euro is steady on Monday. EUR/USD is trading at 1.0714 in the North American session, up 0.10% on the day. French election triggers market turmoil France’s financial markets took a tumble late last week, as investors are nervous about the snap parliamentary election at the end of June.
17-06-2024 10:53 GMT by Kenneth Fisher
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Gold Price Outlook: Bears Take Early Control as US Dollar Index (DXY) Rises
Gold surrendered Friday's gains as a retest of $2300 gains momentum.  US dollar index (DXY) rises but faces stern resistance at 105.63. Geopolitics remains on the back burner for now, but risks remain. Fundamental Overview and Week Ahead Gold prices began the week on the backfoot, with a slight gap to the downside at the open.
17-06-2024 06:08 GMT by Zain Vawda
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NZ dollar slips on soft manufacturing data
The New Zealand dollar is sharply lower on Friday. NZD/USD is down 0.61%, trading at 0.6130 in the European session at the time of writing. New Zealand manufacturing PMI misses estimate New Zealand’s manufacturing sector contracted for a 14th straight month in May.
14-06-2024 07:36 GMT by Kenneth Fisher
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German DAX: Torpedoed by rising geopolitical risk premium in Eurozone
The rising power and influence of the EU’s far-right political parties have spooked European financial markets. A poll has indicated prominent French far-right National Rally party is leading by a significant margin over the incumbent President Macron’s party for the upcoming 1st round of the French legislative election on 30 June. The rapidly rising yield spread of the French and German 10-year government yields has triggered a reflexive negative feedback loop into the German DAX.
14-06-2024 07:17 GMT by Kelvin Wong
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GBP/USD dips as UK growth stalls
The British pound has lost ground on Thursday. GBP/USD is trading at 1.2760 in the North American session at the time of writing, down 0.29% on the day. UK economy flatlines in April The UK economy showed no growth in April, which was in line with expectations but below the March reading of 0.4% m/m.
13-06-2024 11:08 GMT by Kenneth Fisher
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Bank of Japan (BoJ) Preview: Potential Cut in Bond Buying to Aid Ailing Yen?
Hawkish FOMC adds further pressure on the BoJ as USD/JPY advances. Speculation builds that the BoJ will announce a more comprehensive cut to its bond buying programme. Fundamental Overview: FOMC Recap and BoJ Outlook The Japanese continued its slide this morning as USD/JPY edged higher toward the 160.00 psychological level. A brief respite yesterday for USD/JPY which was somewhat of a surprise given the outcome of the Federal Reserve (FOMC) meeting.
13-06-2024 08:31 GMT by Zain Vawda
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