Forex News

The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities...

USD/CAD advances on Friday, erasing Thursday’s losses, after a positive US consumer sentiment report boosted investors’ appetite, propelling US equiti

The USDJPY continued it's move higher today after reaching a low of 132.419 yesterday. That move took the price below a swing area between 132.24 and 132.479. However, when the...

The EURGBP used the 100 day MA as a ceiling on Wednesday and Thursday. On the downside, the 200 day MA and 100 hour MA was broken on Wednesday and tried to stay below into trading...

EUR/USD could not hold to its two-day gains, drops from five-month highs, back below the 1.0300 mark amidst a positive market mood, after a week where

The outlook for the USD/CAD pair remains bullish in the short-term according to analysts at MUFG Bank. They see risks in the loonie and consider dolla

Analysts at MUFG Bank, have the idea of a shorting the EUR/USD pair around 1.0290 with a target at 0.9900 and a stop-loss at 1.0540. They consider tha

The AUDUSD moved above the 100 day MA on Wednesday for the first time since June 8th, but the momentum could not be sustained.Yesterday, the price move back above the moving...

The USD/JPY is about to end the week moving in a range between 133.90 and 133.45. The pair is up on Friday, supported by a stronger US dollar against

Gold price erases some of Thursday’s gains, though stays below $1800 due to falling US bond yields, spurred by earlier US inflation data revealed duri

GBP/USD bulls succeeded after a down week, although it remains to be seen if they can extend the upbeat momentum in the week ahead, with Fed minutes s

The EUR/USD pair turned north this past week and surged to 1.0368, its highest in over a month. It later retreated to end the week at around 1.0260. F

Gold started the week on a bullish note and climbed above $1,800 for the first time since early July mid-week before losing its traction. With the dol

The EURUSD is trading to a new session low at 1.02515. That takes the price further away from the broken 100 hour moving average 1.02622. The price is also falling below a swing...

The USDCAD has to a new session high and in the process is retesting its broken at 100 day moving average near 1.27968. The high price just reached 1.27986, just above the moving...

Pound US Dollar (GBP/USD) Exchange Rate Tumbles after UK GDP Fall The Pound US Dollar (GBP/USD) exchange rate is slumping today after figures indicated a contraction in the UK’s...

Gold’s downtrend signals are firm despite the recent short covering rally. Economists at TD Securities expect the yellow metal to remain in a bear mar

Euro US Dollar (EUR/USD) Exchange Rate Falls from Five-Week High amid USD Recovery Euro US Dollar (EUR/USD) Exchange Rate Slips as USD Rebounds  The Euro US Dollar (EUR/USD)...

The GBP/USD pair comes under renewed selling pressure on Friday and drops to the 1.2100 neighbourhood during the early North American session. The US

The Turkish lira remains on the defensive in the second half of the week and lifts USD/TRY back to the boundaries of the 18.00 mark on Friday. USD/TRY

Intraday losses in the GBP suggest the mid-week gains in cable have peaked. Economists at Scotiabank expect the GBP/USD pair to return toward the 1.20

EUR/USD slips on profit-taking. As economists at Scotiabank note, growth/energy challenges remain. Growth/recession/energy supply concerns remain a th

The AUD/USD pair faces rejection near a technically significant 200-day SMA on Friday and witnessed a modest pullback from the vicinity of a two-month

Sterling is underperforming despite better-than-expected data and is currently trading near 1.2125. The GBP/USD pair could tumble to the 1.20 level, e

The challenges for the gold market are still in place. A peak in US inflation suggests a downside risk to the gold price. Still, increasing recessiona

MOSCOW (Reuters) – Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost...

The British pound is in negative territory today, after a contraction in UK GDP. In the European session, GBP/USD is trading at 1.2126, down 0.61% on the day. British economy...

The British pound is in negative territory today, after a contraction in UK GDP. In the European session, GBP/USD is trading at 1.2142, down 0.48% on the day. British economy...

The USD/CAD pair rebounds a few pips from the daily low and climbs to a fresh intraday peak during the first half of the European session. The pair is

Gold slips into negative territory for the third straight day on Friday and remains below the $1,800 mark through the first half of the European sessi

Gold price has not managed to lastingly overcome the $1,800 mark this week. In the opinion of strategists at Commerzbank, it is too early to expect go

The single currency loses some shine and forces EUR/USD to retreat to the sub-1.0300 region on at the end of the week. EUR/USD weaker on USD-reovery E

The EUR/GBP cross attracts some buying for the second straight session on Friday and climbs to a two-and-half-week high during the first half of the E