Forex News
Latest news from Forex market.
GBP/USD slides below 1.3300 ahead of Thursday's BoE decision
GBP/USD slides below 1.3300 ahead of Thursday's BoE decision
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EUR/USD weakens to near 1.1450 amid Fed rate hold, ECB rate decision looms
EUR/USD weakens to near 1.1450 amid Fed rate hold, ECB rate decision looms
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Gold falls below $4,850 as Fed holds rates steady
Gold falls below $4,850 as Fed holds rates steady
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GBP/JPY Price Forecast: Slumps as Yen gains on risk aversion
GBP/JPY Price Forecast: Slumps as Yen gains on risk aversion
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EUR/USD Update: Bearish bias takes over the market after Powell's speech
The week has not been favorable for euro price action in the short term. This is mainly due to the fact that, shortly after the Federal Reserve's decision, EURUSD began to show renewed weakness, with the pair posting a decline of more than 0.8% on the day, bringing a bearish bias back into focus.
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US Dollar Rallies Post Fed, USD/JPY Eyes 160, USD/CHF Breaks Higher
The US dollar extended its rally after the Federal Reserve held rates steady, reinforcing a “higher for longer” narrative as inflation risks remain elevated. Rising yields have underpinned USD strength, while safe-haven flows have shifted away from the yen and Swiss franc.
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USD/IDR: FX stability tools take priority – UOB
USD/IDR: FX stability tools take priority – UOB
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Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
Gold breaks below the 50-day average, testing key support levels as bearish momentum continues, with potential for lower levels before buyers regain control of the near-term trend.
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USD/JPY jumps and eyes 160.00 as Fed hawkishness lifts US Dollar
USD/JPY jumps and eyes 160.00 as Fed hawkishness lifts US Dollar
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USD Rallies from Support Post-FOMC: EUR/USD, USD/JPY
Jerome Powell didn't feed the doves at today's presser even though the FOMC projections issued at 2PM ET didn't seem all too hawkish. While the Fed is looking for higher levels of inflation than they were at the last quarterly rate decision in December, they also boosted forecasts for growth this year while maintaining the expectation for the unemployment rate at 4.4%.
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Pound to Canadian Dollar Price News, Forecast: Loonie Gains as Brent Nears $110
The Pound to Canadian Dollar exchange rate edged lower on Wednesday as a fresh surge in oil prices supported the commodity-linked ‘Loonie'. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.82613 (-0.15%)Euro to Canadian Dollar (EUR/CAD): 1.57658 (-0.21%)Dollar to Canadian Dollar (USD/CAD): 1.37 (+0.06%) DAILY.
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NZD/USD slides as Fed holds interest rate, focus on NZ GDP
NZD/USD slides as Fed holds interest rate, focus on NZ GDP
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USD/CHF rises as US Dollar hold firms following Fed's steady rate decision
USD/CHF rises as US Dollar hold firms following Fed's steady rate decision
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Gold slides toward $4,880 as Fed hawkish hold crushes rate cut bets
Gold slides toward $4,880 as Fed hawkish hold crushes rate cut bets
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AUD/USD slips despite hawkish RBA, steady Fed policy amid geopolitical risks
AUD/USD slips despite hawkish RBA, steady Fed policy amid geopolitical risks
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EUR/USD slips as Fed signals only one cut in hawkish hold
EUR/USD slips as Fed signals only one cut in hawkish hold
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GBP/USD sputters after unremarkable Fed rate hold
GBP/USD sputters after unremarkable Fed rate hold
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Pound Sterling Price News and Forecast: GBP/USD slips as hot US PPI fuels Fed hawkish repricing
Pound Sterling Price News and Forecast: GBP/USD slips as hot US PPI fuels Fed hawkish repricing
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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2% As Oil Prices Test New Highs
Silver and platinum have also found themselves under strong pressure.
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Gold crashes below $4,900 as hot PPI, Oil spike fuel USD rally
Gold crashes below $4,900 as hot PPI, Oil spike fuel USD rally
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