Forex News

GBP/AUD Exchange Rate Sinks Ahead of US Fed Testimony The Pound Australian Dollar exchange rate rose today following the publication of the latest preliminary Australian retail...

After staying relatively quiet in a tight range above 100.00 during the first half of the day on Tuesday, the USD/JPY pair gained traction and reached

Although Norway’s inflation has decelerated since March, the Norges Bank kept its hawkish stance at the June meeting. As the Norwegian central bank is

Since the start of the year, AUD/USD has evolved in a tight horizontal range centred on 0.77 and capped at 0.80. Economists at Société Générale see th

Following a drop to the 1.1880 region, or daily lows, EUR/USD now manages to regain some upside impulse and retakes the 1.1900 neighbourhood. EUR/USD

The British pound has pulled back slightly during the trading session on Tuesday as we await Jerome Powell and whatever he spews out front of Congress.

The British pound has rallied a bit during the course of the trading session after initially falling on Tuesday, to show signs of life yet again against the Japanese yen.

The Euro has pulled back just a bit during the trading session on Tuesday, as we continue to flirt with the 200 day EMA.

The Australian dollar has gone back and forth during the course of the trading session on Tuesday, as we continue to tread water just above the crucial 0.75 handle.

The New Zealand dollar is almost unchanged on Tuesday. In the North American session, NZD/USD is trading at 0.6984, down 0.04% on the day. NZ dollar steadies after Powell’s dovish...

The selling pressure around the Japanese currency picks up pace and pushes EUR/JPY to the area of daily highs around 131.70. EUR/JPY now targets the 1

The GBP/USD pair maintained its offered tone heading into the North American session, albeit has managed to recover a bid from daily swing lows. The p

GBP/USD overcame the graphical level of 1.3510 after which the upward move extended towards 1.4240. Cable has formed a double top here, suggesting tha

EUR/USD formed an intermediate high near 1.2350 in January while recent attempts at crossing this peak were met with stiff resistance as the pair form

The Federal Reserve will not be the first of the G10 central banks to tighten policy as the Bank of Canada cannot wait until 2023. Consequently, USD/C

The AUD/USD pair snapped a four-day losing streak and registered modest gains on Monday but lost its traction on Tuesday. As of writing, the pair was

There are risks for the Indonesian rupiah to depreciate to the 14,455 level vs. the dollar in the near term, noted Quek Ser Leang at UOB Group’s Globa

The USD/CHF pair held on to its modest intraday gains through the mid-European session, with bulls now awaiting a sustained move beyond the 0.9200 rou

Gold’s sudden slip through the $1808.60 mid-May low forced analysts at Commerzbank to neutralize their long-term forecast. The 2019-2021 uptrend line

The GBP/JPY cross managed to rebound around 60 pips from daily swing lows and was last seen trading with modest gains, near the 153.65-70 region. A co

USD/JPY has held support at 109.81/71 as expected. Subsequently, analysts at Credit Suisse stay biased higher for a test the YTD high at 110.97. Initi

Following a four-day losing streak, the NZD/USD pair managed to close the day in the positive territory on Monday. However, the pair struggled to pres

Quek Ser Leang at UOB Group’s Global Economics & Markets Research noted the upside bias in USD/MYR could reach the important barrier at 4.1700. Key Qu

The American dollar is recovering its bullish strength after correcting extreme overbought conditions on Monday. The USD/JPY pair trades at around 11

The upside momentum in USD/THB remains well and sound and faces the next tough hurdle at the 31.75 level, noted Quek Ser Leang at UOB Group’s Global E

USD/CHF has moved into a short-term consolidation phase. However, the bias of the Credit Suisse analyst team stays higher over the next month, with sh

The impressive rally witnessed in crude oil prices and the broad-based USD weakness caused the USD/CAD pair to suffer heavy losses on Monday. After lo

The selling bias returned to the single currency and drags EUR/USD back below 1.1900 the figure on turnaround Tuesday. EUR/USD weaker, focuses on Powe

Dada Group (DADA) announces record sales during 2021 6.18 Shopping Festival, China's major mid-year online shopping event, held from June 1 to June 20, 2021.Dada's retail...

The AUD/USD pair refreshed daily lows in the last hour, with bears making a fresh attempt to extend the downward trajectory below the key 0.7500 psych

The Aussie and Kiwi may not post the same dramatic sell-off as last week’s moves, but they could weaken on Tuesday if Powell comes across as hawkish.

According to FX Strategists at UOB Group, USD/CNH’s upside momentum could extend to the 6.5000 area in the next weeks. Key Quotes 24-hour view: “Our e

EUR/USD strength stays seen as temporary ahead of a test of its uptrend from last year and 78.6% retracement of the March/May rally at 1.1833/23. Whil

AUD/USD recovered slightly on Monday, but remains capped below the 200-day average at 0.7557 – let alone the “neckline” to the large top at 0.7587. An