Forex News
Latest news from Forex market.
USD/CAD Knocked from Its Perch as US Dollar Rally Pauses for Breath
The US dollar rally has finally lost some momentum after three strong weeks, allowing USD/CAD to retreat from its cycle high. Softer US data, reduced Fed hike bets and easing Treasury yields have weighed on the greenback, while a strong Canadian trade surplus and the prospect of firmer crude oil add to the case for a near-term USD/CAD pullback.
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Silver Price Forecast: Silver Gains as Dollar and Yields Retreat
Spot silver rose as the dollar and Treasury yields pulled back, but it remains below its 50-day average and inside resistance ahead of Wednesday's Fed minutes.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CAD, Gold
As we go into Q4 the wall of worry is high. Treasury yields have pushed up to their highest levels since the Financial Collapse and with the trove of oncoming debt coming due the onslaught of supply is unlikely to help that theme.
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Silver Price Forecast: XAG/USD remains range-bound below daily SMAs
Silver Price Forecast: XAG/USD remains range-bound below daily SMAs
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USD/CAD Forecast: Is the Canadian Dollar Back in the Game?
The trading week continues to unfold, and the Canadian dollar has begun to show signs of renewed strength in the short term. This can be seen in recent USD/CAD price action, with the pair posting a decline of roughly 0.2% over the last two sessions, allowing the Canadian currency to recover part of the ground lost in previous weeks.
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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Dollar Pulls Back From Yearly Highs
Dollar's pullback provided support to gold and silver markets.
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Decision Time at Key Levels: Dollar Pullback, Gold Bounce, Metals Still Waiting
Tuesday's session is shaping up as a confirmation day rather than a prediction day.
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U.S. Dollar Retreats On Profit-Taking: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The American currency moved away from yearly highs as traders focused on falling Treasury yields.
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Gold outlook remains fragile despite recovery - Technical Tuesday
Gold remains stuck between a rock and a hard place, with the directional bias remains tilted to the downside. While dovish Federal Reserve repricing and lower oil prices in the last couple of days has provided some support, the metal is still undermined by the elevated yields and the risks that oil prices may rebound and create fresh volatility for financial markets.
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Decision time at key levels: Dollar pullback, Gold bounce, metals still waiting
Decision time at key levels: Dollar pullback, Gold bounce, metals still waiting
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Pound Sterling Price News and Forecast: GBP/USD catches bid as BoE hawk warns inflation is embedded
Pound Sterling Price News and Forecast: GBP/USD catches bid as BoE hawk warns inflation is embedded
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Euro finds relief from softer US Dollar ahead of Fed minutes
Euro finds relief from softer US Dollar ahead of Fed minutes
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USD/INR Forecast: Dollar Demand Persists Despite Larger RBI Reserves
RBI support limits the Indian Rupee's (INR) vulnerability, but MUFG sees USD/INR reaching 97.50 by September 2027 as demand for US Dollars persists. Wednesday's Reserve Bank of India decision exposes a disagreement over how soon interest rates need to rise, with MUFG expecting a hold while Goldman Sachs and Morgan Stanley.
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Swiss Franc Technical Outlook: USD/CHF Bulls Attempt to Regroup After Sharp Reversal
The USD/CHF technical outlook shows a six-week rally stalling at long-term resistance as U.S. Treasury yields keep climbing. Michael Boutros, StoneX Media Senior Market Analyst, breaks down USD/CHF across three timeframes and the bond market backdrop.
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Why One Bank's Canadian Dollar Recovery Forecast Faces an Uneven Path - USD/CAD Forecast
A stronger Canadian Dollar features in Crédit Agricole's forecasts, with USD/CAD falling to 1.34 by June 2027 and 1.32 that December. Crédit Agricole forecasts a sustained Canadian Dollar recovery through 2027, even as its broader outlook allows for US borrowing costs to rise further first.
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NZD/USD Forecast 2026-2027: Westpac Targets 0.65 in 2027
For the New Zealand Dollar (NZD), easing price pressures complicate the case for an October hike despite Westpac's bullish US Dollar forecast. New Zealand businesses are growing more confident, but Tuesday's Quarterly Survey of Business Opinion (QSBO) exposed the distance between improving sentiment and the recovery underpinning.
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Gold: Downtrend eyes $4,000 support zone – Societe Generale
Gold: Downtrend eyes $4,000 support zone – Societe Generale
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Gold Price Forecast – Gold at a Major Confluence
The markets continue to dance along a confluence early on Tuesday, as the interest rate markets continue to be a major driver of where we are going. At this point, the support/demand area is also in play.
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Silver Price Forecast – Silver Continues to Follow Rates on Tuesday
Silver continues to test the $60 region. This is an area that the market continues to see a lot of interest in, and so-called “market memory.
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EUR/GBP Price Forecast: Bears retain control as RSI turns oversold
EUR/GBP Price Forecast: Bears retain control as RSI turns oversold
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