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.

EUR/USD Forecast: Will Tariffs or Data Drive the Pair?

EUR/USD faces volatility amid tariff uncertainty and mixed US data. German data offers optimism. Technical analysis points to potential bullish breakout with key resistance at 1.0500, 1.0600, and 1.0700 and support at 1.0425, 1.0350, and 1.0293. Upcoming US Core PCE report is crucial.

25-03-2025 18:32 GMT by Zain Vawda

Japanese yen recovers after hawkish Bank of Japan minutes

The yen has bounced back today after declining almost 1% a day earlier. The BoJ minutes from the January meeting were on the hawkish side, as most members favored further rate hikes if growth and inflation evolved as the Bank expected. BOJ Core inflation remained at 2.2%, in line with expectations and its highest level in 11 months.

25-03-2025 12:25 GMT by Kenneth Fisher

Navigating the US Dollar (DXY): Tariffs, Data, and Technicals

The US Dollar Index (DXY) hit a 3-week high on positive US business activity data and hopes for less severe tariffs. Services PMI drove growth while manufacturing contracted. Market focus turns to PCE data and tariff developments due April 2nd, which could significantly impact the Dollar.

24-03-2025 19:53 GMT by Zain Vawda

Japan's core CPI higher than expected, yen weakens to 150

Japan's core inflation fell to 3% in February but this was above the market estimate of 2.9%. Headline inflation fell to 3.7% from 4%, lower than the market estimate of 4.2%. The Bank of Japan is expected to continue raising rates, most likely in June or July. In the US, New York Fed President Williams said that monetary policy was in the right spot, given the risk of higher inflation and lower growth.

24-03-2025 13:30 GMT by Kenneth Fisher

AUD/USD Outlook: Technical factors are supporting a potential Aussie dollar bearish move

RBA’s less dovish stance and China’s stimulus are creating a floor on the AUD/USD but technical factors are suggesting another bearish move.

24-03-2025 11:00 GMT by Kelvin Wong

Markets Weekly Outlook - US Dollar, Inflation & PMI Data Analysis

The weekly outlook analyzes recent market struggles, noting investor concerns over US trade policies and inflation. We preview key economic data releases, including PMI and inflation figures from the US, Europe, UK, and Asia Pacific. Lastly, we look at the US Dollar's recent rally and provide technical analysis of the DXY, along with important support and resistance levels to watch.

21-03-2025 09:46 GMT by Zain Vawda

Bank of Japan maintains rate, yen hits 150

The Bank of Japan held rates at 0.50% at today's meeting, as expected. The Bank said that inflation was moving higher but expressed concern about US trade policy. The yen continues to lose ground and hit 150 earlier. The Federal Reserve meets later today and is virtually certain to maintain interest rates.

19-03-2025 10:40 GMT by Kenneth Fisher

FOMC & Market Impact: Inflation, Rates, and the US Dollar

Preview of the March 19, 2025, FOMC meeting. Explore the Fed's expected decisions on interest rates amid mixed economic signals. Analysis of inflation, labor market, and consumer sentiment. Key focus on Powell's press conference and US Dollar Index technical outlook.

18-03-2025 19:31 GMT by Zain Vawda

Bank of Japan expected to maintain rate on global growth worries, yen close to 150 line

The Bank of Japan meets on Wednesday and is widely expected to hold rates, after a hike in January. With wages and inflation moving higher, the BoJ is expected to continue raising rates later in the year. In the US, retail sales gained 0.2% as consumers are concerned about the economic outlook and are worried about the escalating trade war triggered by US tariffs.

18-03-2025 18:25 GMT by Kenneth Fisher

GBP/USD Analysis: Testing 1.3000 Resistance Amid Central Bank Uncertainty. Will Cable Break 1.3000?

GBP/USD hits a four-month high near 1.3000 amid US Dollar weakness. Central bank meetings (Fed & BoE) this week could bring consolidation. Key support levels: 1.2864, 1.2797, 1.2654. Resistance levels: 1.3140, 1.3210, 1.3250. Watch for a daily close above 1.3000 for bullish continuation.

18-03-2025 16:42 GMT by Zain Vawda

Canada's CPI expected to rise

Canada releases CPI for February, which is expected to accelerate to 2.1% from 1.9%. Inflation has remained around the Bank of Canada's 2% target but the trade dispute with the US could boost inflation. US retail sales posted a weak gain of 0.2% after a 1.2% decline in January.

18-03-2025 12:50 GMT by Kenneth Fisher

USD/JPY Outlook: The US dollar bounce against the yen may face headwinds soon

The downward trajectory of the 10-year & 2-year yield spreads of US Treasuries/JGBs is likely to support a medium-term downtrend phase of the USD/JPY despite the recent rebound seen since 11 March.

18-03-2025 10:20 GMT by Kelvin Wong

Gold Price Outlook: ETF Flows, Central Bank Buying, and XAU/USD Price Targets

Gold tests $3000 as ETF inflows and central bank buying surge. Geopolitical tensions and economic uncertainty drive demand. Technical analysis eyes key support and resistance levels for XAU/USD's next move. Will it break and hold above $3000?

17-03-2025 16:39 GMT by Zain Vawda

New Zealand Dollar Soars on Strong Chinese data

The New Zealand dollar received a strong boost from better-than-expected Chinese data. New Zealand's Services PMI fell back into contraction territory

17-03-2025 15:55 GMT by Kenneth Fisher

Weekly Market Outlook: Central Banks, US Rates, and Trade War Impact

This week's market outlook analyzes key central bank decisions, with the Fed and BoE in focus. We also examine US equity fund flows, inflation data, and trade war impacts. Discover support and resistance levels for the S&P 500 and insights into FX and oil markets. Stay informed with our weekly financial market review.

14-03-2025 19:43 GMT by Zain Vawda

New Zealand dollar climbs as manufacturing improves

The New Zealand dollar is in positive territory on Friday. NZD/USD is trading at 0.5722 in the European session, up 0.46% on the day. NZ Manufacturing PMI rises to near-three year high New Zealand's manufacturing sector improved in February, as Manufacturing PMI rose to 53.9, up from 52.5 in January. This was the highest level since August 2022. All sub-index values recorded increases, including production, new orders and employment. The Manufacturing PMI has now recorded expansi

14-03-2025 07:20 GMT by Kenneth Fisher

GBP/USD shrugs as UK GDP unexpectedly declines

The British pound has edged lower against the US dollar on Friday. GBP/USD is trading at 1.2928 in the European session, down 0.13% on the day. UK economy declines 0.1% in January The UK economy barely registered any growth in the second half of 2024, rising 0.1% in the third quarter and flatlining in the third quarter. The New Year hasn't seen any improvement, as GDP contracted 0.1% m/m in January, after a 0.4% gain in December and missing the market estimate of 0.1%.

14-03-2025 06:13 GMT by Kenneth Fisher

Canadian dollar rises as BoC trims rates

The Canadian dollar is steady on Thursday. In the European session, USD/CAD is trading at 1.4379, up 0.06% on the day. Bank of Canada lowers rates to 2.75% There was no surprise from the Bank of Canada, which lowered rates by a quarter-point, bringing the cash rate to 2.75% and giving a boost to the Canadian dollar. The BoC has lowered rates at seven consecutive meetings and has chopped 225 basis points since last June. Behind the modest quarter-point cut, there is growing alarm at the Bank o

13-03-2025 06:41 GMT by Kenneth Fisher

US dollar climbs against yen on soft US CPI report

The Japanese yen has lost ground against the dollar for a second straight day. In the North American session, USD/JPY is trading at 143.39, up 0.43% on the day. Earlier, USD/JPY rose as much as 0.96% but pared much of those gains. US inflation lower than expected US inflation surprised on the upside in February. Headline inflation eased to 0.2% m/m from 0.5% and below the market estimate of 0.3%. Annually, headline inflation dropped to 2.8% from 3% and below the market estimate of 2.9%. It w

12-03-2025 11:32 GMT by Kenneth Fisher

Canadian dollar calm ahead of BoC, US inflation

The Canadian dollar posted gains earlier but couldn't consolidate. In the European session, USD/CAD is trading at 1.4439, up 0.03% on the day. Bank of Canada likely to cut by 25 bps It's decision day at the Bank of Canada, which is widely expected to lower rates by 25 basis points. This would lower the cash rate to 2.75%, its lowest level since July 2022. The BoC has been aggressive and has lowered rates at six straight meetings, chopping 200 basis points during that time. The economy remains

12-03-2025 05:50 GMT by Kenneth Fisher

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