OANDA Group
CFXS
Newsletter
Open hamburger menu

All news & analysis

Stay up-to-date with the latest market developments. Discover breaking news, in-depth analysis, expert commentary, and market insights that affects all asset classes, from forex and commodities to stocks and indices. MarketPulse news will help you stay ahead so you can make informed trading decisions.

AdobeStock_488802217-scaled.jpeg
EUR/USD - Rallies after a very encouraging US inflation report
US headline and core CPI miss expectations Market odds of another Fed rate hike fall to near zero EURUSD breaks through channel high after report We've seen quite a response to the US inflation report on Tuesday, with investors clearly buoyed by the miss on both the headline and core numbers. While in both cases we're talking about modest misses, it does feel nonetheless significant. The annual core rate fell to 4% which is still far too high but the monthly reading fell back to 0.2%, preventin
14-11-2023 12:07 GMT by Craig Erlam
Uk-map.jpg
Pound shrugs as wage growth cools, US inflation next
UK wage growth eases US inflation expected to fall to 3.3% The British pound has edged higher on Tuesday. In the European session, GBP/USD is trading at 122.91, up 0.10%. UK job growth improves, wage growth ease The UK labour market remains strong, despite high inflation and elevated interest rates.
14-11-2023 07:46 GMT by Kenneth Fisher
Australian-Dollar-Symbol-flag-aud-aussie.jpg
Aussie steady as confidence data softens
Consumer confidence slides Business confidence eases while business conditions improve The Australian dollar has edged lower on Tuesday. In the European session, AUD/USD is almost unchanged, trading at 0.6376. Australian consumer, business confidence eases Australian consumers have been hit hard by high inflation and steep interest rates, so it's no surprise that consumers are deeply pessimistic about the economy.
14-11-2023 05:10 GMT by Kenneth Fisher
AdobeStock_572262000-scaled.jpeg
GBP/USD - Choppy as traders eye US and UK inflation reports
US inflation expected to fall to 3.3% for October UK inflation expected to fall to 4.7% for October  Bullish breakout ahead of key economic releases It's been a relatively uneventful start to the week but the next couple of days could be hugely important as the US and UK release inflation figures for October. The two countries' central banks have, alongside others, been grappling with very high inflation for the last couple of years, and efforts to bring it down are finally bearing fruit. Infl
13-11-2023 12:08 GMT by Craig Erlam
AdobeStock_188995248-scaled.jpeg
Japanese yen knocking on 152 doorstep
Yen close to 33-year low US releases inflation report on Tuesday The Japanese yen is showing limited movement on Monday. In the North American session, USD/JPY is trading at 151.56, up 0.02%.
13-11-2023 11:46 GMT by Kenneth Fisher
gbp-cable-pound-puzzle-red.jpg
GBP/USD calm ahead of UK job report
UK employment data expected to soften UK will release inflation report on Wednesday The British pound has edged higher on Monday. In the European session, GBP/USD is trading at 122.48, up 0.18%.
13-11-2023 08:46 GMT by Kenneth Fisher
australian-dollar-aussie-flag-3d.jpg
Aussie ends nasty slide, confidence data next
Australian dollar breaks five-day losing streak Business, consumer confidence will be released on Tuesday The Australian dollar has edged higher on Monday. In the European session, AUD/USD is trading at 0.6376, up 0.27%.
13-11-2023 07:06 GMT by Kenneth Fisher
japanese-yen-jpy-usdjpy-japan.jpg
Japanese yen under pressure after dismal week
Fed's Powell says interest rate hikes still on table The Japanese yen is drifting on Friday. In the European session, USD/JPY is trading at 151.44, up 0.06%. It has been a rough week for the Japanese yen, which is down 1.42%, its worst weekly showing since August. Powell talks hawkish The markets believe that interest rates have peaked and are looking ahead to rate cuts in 2024, but Fed Chair Powell continues to sound hawkish.
10-11-2023 07:44 GMT by Kenneth Fisher
Australian-dollar-focus.jpg
Aussie extends losses, RBA talks hawkish
RBA warns of upside risk to inflation Fed's Powell says rate hikes still on the table The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6352, down 0.22%. RBA raises inflation, employment forecasts The Reserve Bank of Australia issued its quarterly monetary policy statement on Friday.
10-11-2023 06:50 GMT by Kenneth Fisher
AdobeStock_311952179-e1704307154485.jpeg
US Russell 2000 Technical: Bearish reaction at a key inflection point
Russell 2000’s week-to-date performance as of 9 November is the weakest among the US benchmark stock indices. The current bearish reaction that wiped out almost 50% of last week’s gains has occurred right below the former key range support and 50-day moving average. Watch the 1,787 key short-term resistance. This is a follow-up analysis of our prior report, “Russell 2000 Technical: The weakest may get weaker again” published on 25 October 2023. Click here for a recap. The bearish force has sta
10-11-2023 03:57 GMT by Kelvin Wong
AdobeStock_330410809-scaled.jpeg
AUD/USD torpedoed towards key short-term support for a potential bullish reversal
The recent slide of -170 pips seen in the AUD/USD from Monday, 6 November high of 0.6520 has reached a key inflection zone. The latest higher level of inflation forecasts in Australia by the RBA may put a pause on the current minor corrective decline seen in the AUD/USD. Short-term technical elements have turned positive for a potential bullish reversal scenario for the AUD/USD. Watch the 0.6330 key short-term support and 0.6400 potential upside trigger level for the AUD/USD. This is a follow-u
10-11-2023 00:02 GMT by Kelvin Wong
Keyboard-gbpusd-pound-dollar-cable.jpg
GBP/USD calm ahead of UK GDP
UK GDP expected to decline The British pound is showing little movement on Thursday. In the North American session, GBP/USD is trading at 1.2276, down 0.07%. Markets brace for contraction in GDP The UK economy has been struggling and Friday's GDP is expected to indicate negative growth, with a market consensus of -0.1% q/q for the third quarter.
09-11-2023 11:50 GMT by Kenneth Fisher
AdobeStock_147938531.jpeg
EUR/USD - A bullish formation near a channel peak?
EURUSD is continuing to trade in a rising channel formation, reminiscent of a bearish flag given the trend that preceded it but recent signs may suggest it's not that straightforward. The first thing worth noting is that the bearish flag formation isn't ideal in that the sell-off that makes up the pole element isn't particularly sharp and the time it's traded in the flag is a little long. That said, it can still be argued to be a bearish setup. But what we've seen over the last week is arguabl
09-11-2023 11:10 GMT by Craig Erlam
new_zealand_flag.jpg
NZD/USD edges higher ahead of manufacturing PMI
China inflation misses estimate NZ manufacturing PMI expected to decline The New Zealand dollar is in positive territory on Thursday. In the European session, NZD/USD is trading at 0.5926, up 0.26%. NZ Manufacturing PMI expected to decelerate slightly New Zealand's manufacturing sector has been in decline for seven consecutive months and little change is expected from the October PMI, which will be released on Friday.
09-11-2023 08:22 GMT by Kenneth Fisher
Australian-Dollar-Symbol-flag-aud-aussie.jpg
Aussie halts slide, RBA Statement next
China's inflation misses estimate RBA to release monetary policy statement on Friday The Australian dollar is unchanged on Thursday and is trading at 0.6401. This follows a three-day slide, in which AUD/USD has fallen 1.7%. RBA Monetary Policy Statement eyed The Reserve Bank of Australia will release its quarterly monetary policy statement on Friday.
09-11-2023 06:29 GMT by Kenneth Fisher
AdobeStock_258281978-1-scaled.jpeg
Gold Technical: At the risk of further corrective decline before potential recovery
Gold’s stagflation hedge purpose has been negated after a rotation back into long-duration risk assets/equities. Watch the US$1,972 key short-term resistance on spot Gold (XAU/USD) to maintain on-going corrective decline structure. Medium-term uptrend remains intact as long as US$1,903 support holds. In the past two weeks, the price actions of Spot Gold (XAU/USD) have started to lose some of their glitter as a safe haven play due to the “status quo” situation in the ongoing Israel-Hamas conflic
09-11-2023 02:17 GMT by Kelvin Wong
1 … 86 87 88 … 277