Forex

Forex

The latest forex news, analysis and forecasts from expert sources. Currency markets news including G10 currencies the Euro, Pound, Yen and US Dollar.

The British pound has steadied on Friday, after posting losses for most of the week. In the North American session, the pair is trading at 1.3067, up 0.42% on the day. On the release front, Britain’s debt widened to...
Five things the markets are talking aboutEuro equities start the day on the back foot despite most Asian bourses finding a little traction to close out their week. Nevertheless, a weaker Chinese yuan and trade uncertainty continues to weigh...
While we’ve seen some European equity markets hit one month highs this week, investors are still a little wary, particularly since commodity markets have continued to look extremely weak, with copper, platinum and palladium prices hitting multi month lows.If...
The Canadian dollar has posted considerable losses in the Thursday session. Currently, USD/CAD is trading at 1.3266, up 0.73% on the day. On the release front, Canadian ADP Nonfarm Employment Change plunged, posting a reading of -10.5 thousand. This...
Bank of America Merrill Lynch Research dissects time zone analysis to identify dominant geographic regions for all USD, EUR and JPY G10 pairs."When in Rome, do as the Romans do: follow the dominant local trend...US locals are bullish USD...
The British pound fell almost 1% and hit a daily low of 1.3011 against the dollar on Wednesday after worse-than-expected economic data figures. The currency was last seen at this low levels in September. Inflation showed a steady level...
The USD has bounced higher today on the back of comments from Governor Powell whose view on monetary policy remains the same with lifting rates steadily overtime and keeping inflation ticking along as well. So for the US economy...
Economy faces years of strong jobs growth in a low inflation environment The dollar continued to push higher in Asian trading, building on gains made in the previous session after Fed Chairman Powell’s described the US economy as in a...
NAB Research discusses EUR/USD outlook and maintains a neutral bias over the coming months."Given the potential economic effect of tariffs on EU car exports (particularly on Germany), it is unlikely the EUR can make a sustained break outside of...
Asian equities fell on Tuesday after Oil prices tumbled by more than 4.6% during the previous session, following reports that Saudi Arabia has offered additional crude supplies to some of its Asian customers and that the U.S. may release...
Financial markets appeared to shrug off yesterday’s warnings from the IMF that the global growth story was in its final furlong, and that investors were being complacent about the possibility of a possible disruption, and sudden repricing of risk....
The Japanese yen has broken above yearly highs, pushing out of a sideways triangle continuation pattern that has been holding since May 2015. Any expected instability due to the trade war between China and US seems to be having...
The timing of US President Trump landing on British soil couldn’t have been worse for Prime Minister Theresa May. The same day that she publishes her whitepaper outlining the post-Brexit UK-EU relationship, as a softer version of Brexit, Trump...
US inflation figures were the main focus today for the US economy, as it saw CPI lift in line with expectations to 0.2% m/m. Well this is not a strong hawkish signal it does show that the US economy...
Is the negotiating table being dusted off? Was it a storm in teacup? Equity markets across Asia shrugged off yesterday’s post-tariff announcement weakness and are trading in the black through the Asian session. Nikkei225 rose 0.95%, Australian stocks rose 0.68%...
US announces list of next tariff targets The US close was looking hunky dory, with equity markets aiming for a higher close as there appeared to be a lull in trade war rhetoric, once the first salvos had been fired...
The pound fell to the lowest level since November 3 as it hit a session low of 1.3195 on Tuesday as concerns of a trade war escalated after United States President Donald Trump threatened to introduce additional tariffs on...
The escalating US -Sino trade spat continues to attract the bulk of investor attention as it moves towards round two. Following an initial levy on $50 billion worth of Chinese imports, which prompted a retaliatory measure from China; round...
President Trump anchored the tensions further between the US and China (as if there was not already enough friction between them) on the topic of the trade war. Donald Trump is in full Tit for tat mod, he ordered...
That was quick and sudden  reminding us just how quickly things can get right out of hand. On the back of Secretary of State Mike Pompeo mincing few words by branding China’s openness and globalisation as a joke, President Trump...
Bank of America Merrill Lynch Research discusses EUR/USD outlook and maintains a sell-on-rallies strategy."We remain bearish EURUSD and would sell any rallies. Looking ahead, we expect relative data, trade policy and developments in Italy to be the main EURUSD drivers.The...
European markets slid lower yesterday as escalations over trade caused a decline for the second day in succession, as equity markets gave up their post ECB gains.Sentiment wasn’t exactly helped by the arrest of the CEO of VW’s Audi operation, as...
Asian markets and most equity futures have started the week off on the back foot. US – Sino trade wars are once again a pivotal theme. China responding in kind, on Friday, to Trumps’ $50 billion worth of tariffs...
It is expected that the latest instalment of concerns over the United States and China entering a potential trade war will encourage global stock markets to come under pressure this week. Some indications of risk aversion are already being...
After last week’s dramatic price action dubbed “the biggest week of the year” we have another potpourri of events to side-track from the World Cup games this week. There’s more than enough risk events to keep things exciting with...
Having seen a strong rally on Thursday on the back of the European Central Bank’s caution over future rises in interest rates, markets in Europe slipped back a little on Friday as it became apparent that a trade war...
Bank of Japan (BOJ) Governor Haruhiko Kuroda said in a speech on Friday that he sees no need to reconsider current monetary policy at the moment, however, adjustments would be made in the future if necessary. Things to take...
Instead of a major roadblock, the ECB was a significant catalyst for the US dollar. And it is tough to argue against the intensity of the EUR downside move as the ECB didn’t just disappoint to the dovish side...
European markets enjoyed a strong day yesterday against a backdrop of concerns about slowing economic data, as well as concerns about further trade tensions.Asia markets look set to end the week on a cautious note after their post Fed...
The Canadian dollar is showing little movement in the Thursday session. Currently, USD/CAD is trading at 1.2978, down 0.04% on the day. On the release front, Canada releases the New Housing Price Index, which is expected to rise to...

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