Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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GBP/USD Holds Near $1.35 as UK Vacancies Fall to 707,000
GBP/USD pulled back after UK labour data showed vacancies at 707,000 and six straight months of payroll declines. Investors now…
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EUR/USD Tests 1.16 as Bund Yields Hit 3.21% and Fed Hike Odds Drop to 35%
EUR/USD is struggling to break above 1.16 even as ECB tightening bets build and German Bund yields reach 3.21%. Investors…
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USD/JPY Holds Near 159 After Japan’s August 1 Intervention
USD/JPY is consolidating near 159 after retracing roughly half of its post-intervention drop from 163.73. The standoff now puts Bank…
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GBP/USD Rises to 1.3564 as Weak US Retail Sales Pressure the Dollar
Sterling climbed to a three-month high of 1.3564 as softer US retail sales and easing Federal Reserve hike expectations weighed…
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EUR/USD Hits 1.1606 as Fed September Hike Odds Drop to 25%
EUR/USD rose to a two-month high of 1.1606 after weak US retail sales sharply reduced expectations for a September Federal…
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Dollar Holds Lower as China Data Softens and Markets Eye Jackson Hole
The U.S. dollar started the week on the back foot as softer Chinese data, steady risk appetite and anticipation ahead…
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EUR/USD Stalls Near 1.1550 as 100-Day Average Caps ECB-Driven Gains
EUR/USD held around 1.1550 even as markets priced an 87% chance of an ECB rate hike in September. Resistance near…
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USD/JPY Nears 160 as Carry Trade Reverses Half of Japan’s Intervention
USD/JPY climbed back to 159.46, recovering roughly 48% of the drop triggered by Japan’s late-July intervention. The rebound underscores how…
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GBP/USD Fails at 1.3500 Despite UK GDP Surprise and Hawkish BoE Signals
GBP/USD slipped back below 1.3500 after stronger-than-expected UK June GDP failed to shift Bank of England rate expectations. The price…
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EUR/USD Stalls Below 1.1550 Despite Softer U.S. Inflation Data
EUR/USD failed to sustain gains above 1.1550 even after softer U.S. CPI and PPI readings. The muted reaction highlights how…