Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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GBP/USD Holds Near $1.3240 as UK Fiscal Risk and Strong Dollar Pressure Sterling
GBP/USD is hovering near $1.3240, just above an 11-week low, as political transition in the UK, fiscal concerns and a…
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EUR/USD Tests 1.1400 as Hawkish Fed and ECB Box In the Euro
EUR/USD slipped to about 1.1420, its weakest level since March, as safe-haven demand for the dollar and a hawkish Federal…
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Japanese Yen Hits 161.5 per Dollar as Rate Gap Sends USD/JPY to 1986 Levels
The Japanese yen slid to about 161.5 per dollar, returning to levels last seen in 1986. Markets are focusing on…
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EUR/USD Tests 1.1435 as Fed-ECB Rate Gap Keeps Dollar in Control
EUR/USD hovered near 1.1444 as traders focused on a critical 1.1435 support level. Even after the ECB raised rates to…
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GBP/USD Rebounds to $1.3258 After Starmer Exit, but 1.30 Risk Remains
Sterling bounced after Keir Starmer announced his resignation, lifting GBP/USD from $1.3181 to above $1.3258. Investors are weighing short-term political…
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USD/JPY Near 161 After BoJ Rate Hike Fails to Lift the Yen
USD/JPY climbed back toward 161 even after the Bank of Japan raised rates to 1%, highlighting how a wide U.S.-Japan…
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GBP/USD Falls to $1.33 After Fed Outlook Outweighs BoE Hold
GBP/USD slipped to a two-month low near $1.33 after a hawkish Federal Reserve strengthened the dollar and overshadowed the Bank…
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EUR/USD Falls to $1.1540 After Hawkish Fed Boosts Dollar
EUR/USD slid to around $1.1540 after the Federal Reserve signaled a much more hawkish path for rates. The move pushed…
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USD/JPY Holds Near 160 After Bank of Japan Raises Rates to 1%
USD/JPY stayed pinned around 160 even after the Bank of Japan lifted rates to 1%, the highest level in 31…
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GBP/USD Near 1.342 as Fed, UK CPI and BoE Test Sterling in 48 Hours
GBP/USD is hovering near 1.342 as three major catalysts collide: the Federal Reserve decision, UK May CPI and the Bank…