Forex News

The USD/CAD pares some of Thursday’s losses after reaching a weekly high of around 1.2960s but retraced below 1.2900 as the greenback weakened ahead i

The Canadian dollar had the best half-year among the majors, still a loser but down the least of all the major currencies, and especially of the commo

The AUD/USD nose-dive to fresh YTD lows near 0.6776, on harmful US manufacturing data, thought as the New York session progressed has recovered some g

Analysts at MUFG Bank, point out that the South Korean won will likely remain affected by the ongoing concerns on global economic growth and the tight

Analysts at MUFG Bank, point out that higher crude oil imports could lead to a larger trade deficit and weigh on the Indian rupee. They forecast USD/I

According to analysts from Rabobank, if the Bank of England (BoE) do not keep step with the hawkish guidance of the Federal Reserve (Fed) there is a r

The British pound trips below the 1.2000 mark, reaching a two-week low near 1.1975, after a US manufacturing report showed that, albeit expanding, the

The US dollar is rising against emerging market currencies on Friday, extending weekly gains boosted by global concerns about the growth outlook and a

The recent bearish consolidation recharged GBP sellers, who remained in force and smashed GBP/USD to two-week lows below 1.2000. Cable lost more than

Recession fears revived the US dollar demand amid central banks’ responses to inflation control. Fed, ECB minutes could throw fresh light on policy p

Fading US Treasury yields put a floor under the Japanese yen after it reached a 24-year low against the dollar at 137.00 on Wednesday. By Friday morn

There's an early close in the bond market today at 2 pm Eastern so it's an abbreviated session but certainly not a quiet one. A crater in yields have turned into a large hold. US...

Metals rebounded during the American session, amid a collapse in US yields. The rally in Treasuries boosted gold that dragged silver to the upside. XA

The EUR/USD plunges as the second half of 2022 begins, breaking on its way south below the 1.0400 mark, reaching a fresh two-week high amid increasing

AUD/USD slipped around 9% in the second quarter. The pair approaches the July Reserve Bank of Australia (RBA) meeting with mostly headwinds. Therefore

The Turkish lira loses further ground and pushes USD/TRY to new multi-day highs near 16.75 on Friday. USD/TRY remains supported around 16.00 USD/TRY a

OANDA Senior Market Analyst Craig Erlam talks about USDJPY as the rally once again loses momentum.

The prospects for a more aggressive policy tightening by major central banks to curb soaring inflation continued taking its toll on the non-yielding g

Euro Pound (EUR/GBP) Exchange Rate Firms as EU Inflation Exceeds Expectations Euro Pound Exchange Rate Rises on Promising EU Data The Euro Pound (EUR/GBP) exchange rate is trending...

Gold prolonged this week's bearish trend and witnessed heavy follow-through selling on Friday, marking the fifth successive day of a negative move. Th

You'd be hard-pressed to find a day where the pound isn't acting somewhat like a commodity currency these days. On a day where the aussie and kiwi are slumping as the technicals...

The EUR/GBP cross built on the overnight goodish rebound from mid-0.8500s, or a nearly two-week low and gained strong positive traction on the last da

EUR/USD has lost its recovery momentum and started to edge lower after having snapped a two-day losing streak on Thursday. Following the mixed inflati

GBP/USD Exchange Rate Set to Extend Slide amid Bearish Mood The Pound US Dollar (GBP/USD) exchange rate is on the defensive this morning as growing recession fears weigh on the...

The GBP/USD pair met with a fresh supply on Friday and dropped back closer to a two-week low touched the previous day, with bears still awaiting susta

The selling bias re-emerged in the risk complex and drags EUR/USD back to the mid-1.0400s on Friday. EUR/USD weak on risk-off trade, looks to data EUR

The NZD/USD pair struggled to capitalize on the overnight modest recovery move and came under intense selling pressure on Friday. The intraday bearish

Gold has generally been fluctuating between $1,800 and a good $1,850 since mid-May. In the view of strategists at Commerzbank, nothing much is likely

Aussie and kiwi technicals begin to crack again There's no love for the aussie as it breaks down to its lowest levels this year against the dollar. The fall below 0.6800 now is...

GBP/USD has failed to build on Thursday's modest recovery gains. As FXStreet’s Eren Sengezer notes, 1.2050 aligns as next bearish target amid risk ave

GBP/USD has lost its traction and declined toward 1.2100 after having registered modest gains on Thursday. The pair remains technically bearish in the

MOSCOW (Reuters) – Shares in Russian energy giants Rosneft and Gazprom followed divergent courses on Friday as investors responded to the two companies’ opposing dividend...