OANDA Group
CFXS
Newsletter
Open hamburger menu

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.

Canadian-dollar-symbol-flag.jpg
Canadian dollar shrugs as GDP beats estimates
The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.3576, down 0.03%. Canada’s GDP expands by 1.0% The Canadian economy grew by 1.0% y/y in the fourth quarter of 2023, beating the market estimate of 0.8%.
01-03-2024 06:45 GMT by Kenneth Fisher
AdobeStock_188995248-scaled.jpeg
Japanese yen jumpy after BoJ member urges tighter policy
Japanese yen falls below 150 BoJ’s Tanaka urges changes to monetary policy US PCE price index falls to 2.4% BoJ's Tanaka hints at tighter monetary policy After close to two weeks of little movement, the Japanese yen is showing some volatility. The yen climbed as much as 1% on Thursday before paring much of those gains.
01-03-2024 04:37 GMT by Kenneth Fisher
AdobeStock_553100194-2-scaled.jpeg
EUR/USD dips as German inflation declines
Eurozone to release inflation data on Friday EUR/USD dips as Germany’s inflation rate falls German inflation falls to 2.5% The euro is in negative territory on Thursday. In the North American session, EUR/USD is trading at 1.0800, down 0.35%. Germany’s inflation rate dropped to 2.5% y/y in February, down from 2.9% in January and lower than the market estimate of 2.6%.
29-02-2024 13:30 GMT by Kenneth Fisher
Australian-dollar-focus.jpg
Australian dollar edges higher as retail sales rebound falls short
The Australian dollar has stabilized on Thursday after sustaining sharp losses a day earlier. In the North American session, AUD/USD is trading at 0.6512, up 0.26%. Australian retail sales rebound but miss estimate Australia's retail sales started the year on the right foot but were not as strong as expected.
29-02-2024 09:19 GMT by Kenneth Fisher
Australian-Dollar-Symbol-flag-aud-aussie.jpg
Australian dollar slides after CPI stays steady
The Australian dollar took a hit after Australian inflation was lower than expected. In the North American session, AUD/USD is trading at 0.6493, down 0.78%. CPI holds steady at 3.4% Australia’s inflation rate remained steady in January at 3.4% y/y, unchanged from December and below the market estimate of 3.6%.
28-02-2024 10:03 GMT by Kenneth Fisher
New-Zealand-dollar-bills-nzd.jpg
AUD/NZD Technical: Squeezed up towards key 1.0700 resistance ex-post RBNZ
New Zealand central bank, RBNZ maintained its OCR at 5.50% but surprised markets with lower OCR forecasts for 2024 and 2025. A less hawkish RBNZ has triggered a sell-off in the Kiwi (-1% intraday against the USD), the worst-performing currency among the majors. The current weak outlier movement of the NZD has triggered a potential short-term bearish mean reversion scenario for the AUD/NZD cross pair. Watch the 1.0700 key short-term resistance on AUD/NZD.
28-02-2024 00:01 GMT by Kelvin Wong
Reserve-bank-of-New-Zealand2-1.jpg
RBNZ Preview - Technical Analysis for NZD/USD
Talking Points Reserve Bank of New Zealand - Official Cash Rate Daily Chart Technical Analysis 1 - Hour Chart Technical Analysis Reserve Bank of New Zealand - OCR The RBNZ interest rate decision, monetary policy statement, and press conference are scheduled for tonight; the official cash rate in New Zealand is 5.50%, and according to Westpac as well as a few banks, RBNZ is expected to hold rates at their current level in line with the FED and other major central banks globally.
27-02-2024 14:47 GMT by Moheb Hanna
new_zealand_map.jpg
New Zealand dollar calm ahead of RBNZ rate decision
The New Zealand dollar is trading quietly on Tuesday. In the European session, NZD/USD is trading at 0.6165, down 0.12%. Reserve Bank expected to hold rates at 5.50% All eyes are on the Reserve Bank of New Zealand, which will set the cash rate on Wednesday.
27-02-2024 11:44 GMT by Kenneth Fisher
AdobeStock_88976159-1.jpeg
GBP/USD yawns as UK shop inflation declines
UK shop inflation falls to 2.5% The British pound is drifting on Tuesday. In the European session, GBP/USD is trading at 1.2683, down 0.03%. Shop price, food inflation heads lower UK shop inflation doesn’t usually make headlines but today’s release was further evidence that inflation is on a downward trend.
27-02-2024 06:52 GMT by Kenneth Fisher
MarketPulse-Podcast-Image_Kelvin_26-Feb-2024.jpg
Market Insights Podcast - China PMI, Japan CPI, US PCE and RBNZ on the radar
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events, notably the US Federal Reserve preferred data on inflationary trends in the US, the core PCE. The consensus is expected another soft print of 2.4% y/y in January versus 2.6% y/y in December 2023, an inline core PCE with the consensus is likely to be much preferred by stock market bulls as to keep the Fed's dovish pivot "alive".
26-02-2024 20:33 GMT by Kelvin Wong
japanese-yen-jpy-usdjpy-japan.jpg
USD/JPY: All eyes on Japan's core-core inflation tomorrow
Japan’s core-core CPI for January 2024 is expected to come in soft at 3.2% y/y versus 3.7% y/y in December 2023. Leading economic indicators, Japan’s Consumer Confidence, and Average Cash Earnings of employees suggest a more potentially upbeat core-core inflation rate for January 2024. Watch the 150.70 key short-term resistance of USD/JPY with near-term support at 149.60. This is a follow-up analysis of our prior report, “USD/JPY: Lingering below 151.40/95 major resistance zone” published on 15
26-02-2024 02:01 GMT by Kelvin Wong
new_zealand_map.jpg
New Zealand dollar edges lower after soft retail sales
The New Zealand dollar has been on a roll but is in danger of snapping a seven-day rally during which it gained over 2% against the US dollar. NZD/USD is trading in the European session at 0.6185, down 0.16%. New Zealand retail sales decline by 1.9% Another retail sales report, another decline.
23-02-2024 06:22 GMT by Kenneth Fisher
AdobeStock_147938531.jpeg
EUR/USD - A bullish breakout or just further consolidation?
Eurozone sees marginal improvement in surveys US services cool in February EURUSD breaks through descending channel The PMI surveys have certainly made it an eventful day in the markets, albeit one that doesn't necessarily provide more clarity on interest rate movements in the coming months. The eurozone PMIs displayed some improvement on the services side, with the survey moving out of contraction territory for the first time in six months. Manufacturing on the other hand reversed some of the
22-02-2024 17:33 GMT by Craig Erlam
canada-usa-speech-talk-debate.jpg
USD/CAD drifting ahead of FOMC minutes
The Canadian dollar is trading quietly on Wednesday. In the North American session, USD/CAD is trading at 1.3517, down 0.07%. FOMC minutes loom Investors are anxiously awaiting the release of the minutes of the Fed’s January meeting later today, hoping for some insights about the Fed’s future interest rate path.
21-02-2024 12:25 GMT by Kenneth Fisher
1 … 86 87 88 … 223