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

...keep reeding on fxstreet.com

...
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

...keep reeding on fxstreet.com

...
Gold falls below $4,850 as Fed holds rates steady

Gold falls below $4,850 as Fed holds rates steady

...keep reeding on fxstreet.com

...
GBP/JPY Price Forecast: Slumps as Yen gains on risk aversion

GBP/JPY Price Forecast: Slumps as Yen gains on risk aversion

...keep reeding on fxstreet.com

...
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.

...keep reeding on forex.com

...
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.

...keep reeding on forex.com

...
USD/IDR: FX stability tools take priority – UOB

USD/IDR: FX stability tools take priority – UOB

...keep reeding on fxstreet.com

...
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.

...keep reeding on fxempire.com

...
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

...keep reeding on fxstreet.com

...
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%.

...keep reeding on forex.com

...
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.

...keep reeding on exchangerates.org.uk

...
NZD/USD slides as Fed holds interest rate, focus on NZ GDP

NZD/USD slides as Fed holds interest rate, focus on NZ GDP

...keep reeding on fxstreet.com

...
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

...keep reeding on fxstreet.com

...
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

...keep reeding on fxstreet.com

...
AUD/USD slips despite hawkish RBA, steady Fed policy amid geopolitical risks

AUD/USD slips despite hawkish RBA, steady Fed policy amid geopolitical risks

...keep reeding on fxstreet.com

...
EUR/USD slips as Fed signals only one cut in hawkish hold

EUR/USD slips as Fed signals only one cut in hawkish hold

...keep reeding on fxstreet.com

...
GBP/USD sputters after unremarkable Fed rate hold

GBP/USD sputters after unremarkable Fed rate hold

...keep reeding on fxstreet.com

...
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

...keep reeding on fxstreet.com

...
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2% As Oil Prices Test New Highs

Silver and platinum have also found themselves under strong pressure.

...keep reeding on fxempire.com

...
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

...keep reeding on fxstreet.com