Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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GBP/USD Slides as US 10-Year Yield Hits 5.345%, Putting 1.3139 in Focus
GBP/USD retreated after failing again near 1.3284, as surging U.S. Treasury yields and a firmer dollar outweighed support from expected…
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EUR/USD Nears 17-Month Low as Dollar Index Hits 102.45
EUR/USD slid to 1.1192 on October 7, leaving the pair just above a 17-month low as rising U.S. Treasury yields…
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GBP/USD Holds Near 1.3247 as BoE and UK Budget Loom Over Sterling
GBP/USD stayed trapped in a tight three-day range near 1.3247 as traders weighed rising Bank of England rate expectations against…
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EUR/USD Stalls at 1.1277 as French Risk Eases, 1.1161 Back in Focus
EUR/USD rebounded to 1.1277 after touching a 52-week low at 1.1161, but the broader downtrend remains intact. French bond spreads…
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USD/JPY Holds Near 158 as 160 Intervention Risk Caps Dollar-Yen
USD/JPY traded near 158 after firmer U.S. services inflation data lifted Treasury yields, while rising Japanese yields and intervention risk…
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Pound Sterling Holds Near 3-Month Low as Dollar Strength Caps GBP/USD
Pound Sterling hovered near 1.3228 after touching a three-month low, as broad dollar strength and rising UK gilt yields kept…
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Dollar Firms as 10-Year Treasury Yields Hold Near 5.28%, Euro Hit by French Risks
The U.S. dollar strengthened in early European trading as 10-year Treasury yields stayed elevated near 5.28%. The euro fell to…
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EUR/USD Falls to 1.1205 as French Bond Stress Weighs on the Euro
EUR/USD slipped to 1.1205 after a four-week, 3% decline, with pressure shifting from the dollar to euro-specific risks. Rising French…
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USD/JPY Near 158 as 160 Intervention Risk Caps Yen Selloff
USD/JPY climbed back above 158 after the Bank of Japan’s meeting summary tempered expectations for an immediate October rate hike.…
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GBP/USD Near 1.3200 as Gilt Yields Top 6% and BoE Holds Rates
Sterling is testing the 1.3200 area against the dollar as UK gilt yields climb to multi-decade highs and the Bank…