Forex News
Latest news from Forex market.
Crude Oil, Gold Price Outlook: WTI Drops 7% as Hormuz Risks Unwind, Gold Tests 4,880
WTI has fallen over 7% this week toward the lower end of the $80 range, as easing tensions and the reopening of Hormuz reduce supply disruption risks. This has supported broader market sentiment, with US indices up over 3% this week and more than 10% from March 2026 lows.
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EUR/USD outlook: Hits pre-war levels, on track for further gains on growing risk appetite
EUR/USD outlook: Hits pre-war levels, on track for further gains on growing risk appetite
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GBP/JPY slips as Iran signals Hormuz reopening, Oil prices tumble
GBP/JPY slips as Iran signals Hormuz reopening, Oil prices tumble
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USD/JPY falls as Hormuz reopening, risk mood hit US Dollar
USD/JPY falls as Hormuz reopening, risk mood hit US Dollar
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Gold –17.04.2026
Gold advanced above 4800 with optimisms over Iran-U.S negotiations. Gold has the chance for more advance as the market looks for few days/weeks of calm.
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Pound Sterling Price News and Forecast: GBP/USD – Fading momentum caps Pound strength
Pound Sterling Price News and Forecast: GBP/USD – Fading momentum caps Pound strength
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USD/JPY –17.04.2026
The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new uptrend wave with first target toward 163.80.
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GBP/USD –17.04.2026
GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be expected with resistances at 1.3580 and 1.3710-35.
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EUR/USD –17.04.2026
The Euro managed to break above the resistance level of the triangle formation to meet the first target at 1.8000. Intraday level supports start at 1.1720 and 1.1600 while as long as the market holds above it, the advance could continue.
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USD/CAD: Modest downside as Fed cuts loom – ING
USD/CAD: Modest downside as Fed cuts loom – ING
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NZD/USD steadies below 0.5900 as markets await developments in the Middle East
NZD/USD steadies below 0.5900 as markets await developments in the Middle East
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GBP/USD: Fading momentum caps Pound strength – UOB
GBP/USD: Fading momentum caps Pound strength – UOB
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Gold steady near $4,800 as US-Iran deal hopes grow, Fed rate cut bets return
Gold steady near $4,800 as US-Iran deal hopes grow, Fed rate cut bets return
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USD/CHF Price Forecast: Bearish Flag formation warrants more downside below 0.7790
USD/CHF Price Forecast: Bearish Flag formation warrants more downside below 0.7790
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EUR/USD: Recovery prospects face central bank pushback – DBS
EUR/USD: Recovery prospects face central bank pushback – DBS
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USD/JPY in Positive Territory: Yen Erases All Weekly Gains
USD/JPY rose to 159.40 on Friday, with the Japanese yen surrendering all the gains accumulated since the beginning of this week. Pressure intensified following comments from Bank of Japan Governor Kazuo Ueda, who failed to provide clear guidance on rates ahead of the next meeting.
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Gold Price Forecast: XAU/USD hovers below $4,850 with US-Iran peace talks in focus
Gold Price Forecast: XAU/USD hovers below $4,850 with US-Iran peace talks in focus
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USD/INR: RBI curbs refiners' Dollar demand – BNY
USD/INR: RBI curbs refiners' Dollar demand – BNY
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US Dollar Price Forecast: DXY Sinks Toward $98 as Trump Hints at Iran Peace Deal – Are GBP/USD and EUR/USD Bulls Ready?
The US Dollar Index (DXY) sinks toward $98.10 as President Trump's optimism over a US-Iran peace deal cools safe-haven demand. Discover the next technical targets for EUR/USD and GBP/USD.
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Silver Price Forecast: XAG/USD rebounds above $79 as weaker US Dollar supports demand
Silver Price Forecast: XAG/USD rebounds above $79 as weaker US Dollar supports demand
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