Forex News

GBP/USD picks up to 1.3675, down 0.08% intraday heading into Monday’s London open. Even as the US dollar pullback, amid broad risk-on mood, underpins

The EUR/USD pair has been tracking minor gains in the Asian session on the first trading day of the fresh week. After spending the previous week near

Analysts at Citigroup offer their price forecasts for gold and oil, with a bearish outlook on the bright metal for the next year. Key quotes “We are b

The China Evergrande problems are not expected to go away so bearish risk sentiment could continue to weigh on the AUD/USD and NZD/USD.

USD/INR continues to drift higher towards 74 the figure. However, there is a lack of conviction and the weekly charts spell a different outlook for th

USD/CAD stands on the slippery ground near 1.2615 as sellers attack mid-September lows during early Monday. In doing so, the loonie pair drops for the

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.4695 vs the last close of 6.4669. About the fix China maintains stric

AUD/USD consolidates three-week losses, taking the bids to renew intraday high with 0.7276 during Monday’s Asian session. The Aussie pair seems to che

The USD/CHF continues to portray the familiar moves in the Asian session on Monday. The pair hoveres in a very narrow trade band with no meaningful tr

The advantage is clearly to the U.S. Dollar with the Japanese Yen picking up a bid only during extreme stock market weakness due to safe-haven buying.

EUR/USD bears remain at the loggerheads with the bulls after a three-week downtrend around 1.1720 amid early Monday morning in Asia. In doing so, the

USD/JPY consolidates gains following the previous week’s rally in the Asian trading hours on Monday. The pair rose from multi-month lows near 109.10 a

NZD/USD sellers flirt with the 0.700 threshold as they begin the week’s task during early Monday morning in Asia. This keeps the kiwi pair in the vici

AUD/USD ended Friday under pressure as the US dollar strengthened on both the Evergrande risks and as markets contemplate Federal Reserve tightening.

Gold is a compelling chart, especially from a top-down analysis for which is presented below, offering a bearish bias in the main. We are in the last

The Canadian Dollar had its best week in a month gaining 1.4% against its US counterpart as risk-aversion from China’s Evergrande Group moderated and

US Yield rise

Earlier in the Asian session, the aussie was trading at daily highs around 0.7310’s, on the back of the positive market sentiment, amid the hawkishnes

Following the previous week’s decline, gold staged a rebound and closed in the positive territory on Monday and Tuesday. After reaching its strongest

Early in the American session, the loonie was trading above 1.2700 on the back of dampened market sentiment caused by various factors. However, as the

EURJPY Price Analysis – September 24 In case the bulls’ pressure increase, the price may cross the $129 level and increase to $130 which may extend to $131 and $132. When the...

The EUR/USD pair declined to a daily low of 1.1701 in the early American session but managed to erase a large portion of its daily losses. As of writi

The Bank of England and the US Federal Reserve are on the same rate page in the central bank policy book, but the US institution appears to be a few p

Analysts at Danske Bank forecast USD/RUB at 72.00 in one month, at 72.00 in three months, 71.00 in six months, and at 70.00 in twelve months. They arg

The GBP/USD pair could accelerate to the downside if the 1.3600 support area is broken, according to analysts at MUFG Bank. Their target from current

According to analysts from Danske Bank, a weaker global growth outlook and the Federal Reserve tightening are likely to support the US dollar. They fo

Who will blink first? The next few weeks will be interesting in GBPUSD with the pair seeing the currencies of two central banks intent on tightening going head to head. This is...

The Canadian dollar snapped its three-day winning streak against its U.S. counterpart on Friday as concerns about the future of beleaguered property developer Evergrande Group have...

According to analysts from Danske Bank, the risks in the USD/CAD pair are tilted to the upside, as they see a broad USD strength ahead. They forecast

Earlier in the Asian session, the USD/JPY traded in a narrow range of 11 pips, within 110.23-34, but as European traders got to their desk, the pair i

The AUD/USD pair trades around 0.7240, little changed on a weekly basis, although it posted a third consecutive lower low of 0.7219. A dismal market’s

Analysts at Danske Bank forecast the USD/JPY pair will trade at 110.00 in a month, at 111.00 in three months, and at 112.00 in a year. They see higher

The EUR/USD pair has lost some ground this week, trading in the 1.1700 price zone. The American dollar enjoyed some temporal demand amid a dismal mark

The US dollar has initially pulled back during the course of the trading week, only to turn around and show signs of strength yet again.