Pound extends losses, US inflation looms
The British pound remains under pressure. GBP/USD is in negative territory today, following back-to-...
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Markets eye Canadian job report, US inflation
The Canadian dollar has extended its losses today. USD/CAD is trading at 1.2743, up 0.35% on the day...
Yen claws back, US inflation next
The Japanese yen has reversed directions and is in positive territory. In the European session, USD/...
Oil dips on China concerns, gold range-bound
Oil eases in Asia on China fears Oil prices consolidated their recent gains overnight, with Brent cr...
US dollar strengthens overnight
Inflation jitters boost US dollar Pre-US inflation nerves triggered a wave of risk aversion in equit...
Shanghai nerves weigh on Asian equities
Asia markets follow Wall Street lower US markets couldn’t shake off the inflation/recession hoodoo...
US inflation Friday at last
The roller coaster activity on US stock markets continued overnight, with Wall Street deciding that ...
Euro reacts to ECB
OANDA Senior Market Analyst Craig Erlam discusses EURUSD in the aftermath of the ECB monetary policy...
Oil dips on China lockdowns and stagflation risks, gold hovers
Crude prices softened as stagflation risks have risen for the US and as China’s reopening hits a m...
Stocks drop after ECB and ahead of potentially hot CPI report, bitcoin stuck at $30k
US stocks declined as global bond yields rose after the ECB prepared markets for a rate hiking cycle...
Oil prices steady, gold in choppy waters
Oil steady as fresh Shanghai restrictions halt rally Oil prices are steady on Thursday after surging...
ECB hints at super-sized hikes
European stocks are tumbling on Thursday as the ECB laid the groundwork for multiple rate hikes over...
Pound unchanged, US inflation ahead
GBP/USD is drifting today, with a very light economic calendar. There are no UK releases and the onl...
New Zealand dollar drifting
NZD/USD has been on a downswing this week, falling close to 1%. The currency is almost unchanged tod...
Euro unchanged ahead of ECB meeting
It has been a quiet week for the euro, and that trend has continued today, as EUR/USD is unchanged a...
Oil rises on UAE warning, gold stuck
UAE Oil Minister lifts oil prices Oil prices shot higher overnight with the UAE oil minister warning...
Currency markets continue to range trade
US dollar remains choppy US yields climbed higher overnight which was enough to lift the dollar inde...
China lockdowns send Asia lower
Shanghai restrictions weigh on Asian equities The moody range-trading that has typified US equity ma...
And today’s theme is….
Inflation jitters send US yields, dollar higher Inflation. The chop-fest range trading beguiling cur...
GBP/USD – What next for Boris and the pound?
OANDA Senior Market Analyst Craig Erlam discusses the moves in GBPUSD in the aftermath of Boris John...