Forex News
Latest news from Forex market.
Euro Weekly Forecast into ECB: EUR/USD, EUR/JPY
The backdrop in EUR/USD is likely to be determined at least partially by the time frame with which the trader or analyst is looking. From a fundamental basis, there's been periods where the backdrop has appeared to be divorced from the price action such as the sliding sell-off in March even as the European Central Bank was widely considered to be on the way to rate hikes.
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Gold Price Forecast: XAU/USD Surges 19%—Bulls Face Major Resistance Test
Gold prices have started to pull back after stalling near a key resistance zone, marking a shift in near-term momentum following a strong multi-week advance. The rejection highlights the importance of this barrier, with price now drifting back toward support levels that could determine whether the recent rally was merely corrective or part of a broader bullish continuation.
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USD/JPY Weekly Outlook: Hormuz overshadows huge BOJ and Fed week
USD/JPY has reverted to a straight rates play between the US and Japan, with developments in the Gulf the key underlying driver of both outlooks. Extended uncertainty surrounding the Iran war now has both the Federal Reserve and Bank of Japan expected to keep policy settings on hold in the near term, a sharp shift from the pre-conflict view that the Fed would cut at least two times this year while the BOJ hiked twice.
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AUDUSD Price News: Aussie Dollar Ends Week Near Monthly Highs
AUD/USD ends the week near monthly highs as hawkish RBA bets hit 80% for May; bulls need 0.71875 to confirm a fresh run at the 0.7222 four-year peak.
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USD/SGD: Upside risks as Hormuz crisis persists – OCBC
USD/SGD: Upside risks as Hormuz crisis persists – OCBC
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EUR/USD Analysis: What's Next for the Euro in the Coming Week?
As the trading week comes to an end, EUR/USD has posted a gain of more than 0.3% during the final session, with the euro showing a modest recovery in strength in the short term. However, when looking at the average of recent sessions, price action continues to reflect a consistent phase of neutrality.
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USD/CHF Price Forecast: Rejected at 100-day SMA, eyes on 0.7800
USD/CHF Price Forecast: Rejected at 100-day SMA, eyes on 0.7800
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USD/IDR: Upside risks widen on fiscal concerns – MUFG
USD/IDR: Upside risks widen on fiscal concerns – MUFG
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Silver Price Analysis: Advances but stalls at technical confluence near $75
Silver Price Analysis: Advances but stalls at technical confluence near $75
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Gold (XAU/USD) Price Forecast: Rising Wedge Breakdown Pressure Builds
Gold remains under pressure following a rising wedge breakdown, with momentum stalled below key moving averages and downside targets emerging toward $4,381 and $4,252.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
Next week is Central Bank week as we hear from the Fed, ECB, BoE, BoJ and Bank of Canada. No actual moves are expected but what is being watched for is the hinting of future moves, particularly around the BoJ and ECB.
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United States CFTC Gold NC Net Positions: $164K vs $162.5K
United States CFTC Gold NC Net Positions: $164K vs $162.5K
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Gold rebounds as Iran-US deal hopes drive upside
Gold rebounds as Iran-US deal hopes drive upside
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NZD/USD rises as US Dollar weakens on renewed US-Iran talks hopes
NZD/USD rises as US Dollar weakens on renewed US-Iran talks hopes
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USD/CAD: Choppy range then softer bias – TD Securities
USD/CAD: Choppy range then softer bias – TD Securities
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EUR/USD rebounds as renewed US-Iran talks hopes lift risk sentiment
EUR/USD rebounds as renewed US-Iran talks hopes lift risk sentiment
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Pound Sterling Price News & Forecast: GBP/USD appreciates on ceasefire hopes and Iran talks
Pound Sterling Price News & Forecast: GBP/USD appreciates on ceasefire hopes and Iran talks
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Japanese Yen Forecast: USD/JPY Coils Below 160—Breakout Setup Builds
USD/JPY continues to consolidate just below a key resistance zone after a strong advance, with price action reflecting a period of compression near recent highs. The pause in momentum suggests a potential buildup for a larger move, with the broader uptrend still intact for now.
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GBP/USD rises as Iran talk hopes weigh on US Dollar demand
GBP/USD rises as Iran talk hopes weigh on US Dollar demand
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EUR/GBP trades range-bound as UK data supports Pound ahead of ECB and BoE meetings
EUR/GBP trades range-bound as UK data supports Pound ahead of ECB and BoE meetings
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