Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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EUR/USD Holds Near 1.1594 as Fed Dot Plot Meets ECB’s 2.25% Rate Hike
EUR/USD stayed near 1.1594 as traders weighed a likely Fed hold against the ECB’s new 2.25% deposit rate. The key…
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USD/JPY Near 160 as Fed-BoJ Decisions Test a 250bp Rate Gap
USD/JPY is hovering just below 160 ahead of June 17 decisions from the Federal Reserve and the Bank of Japan.…
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GBP/USD Holds Near 1.342 Ahead of Fed and Bank of England Decisions
GBP/USD is trading near 1.342 as investors brace for Federal Reserve and Bank of England decisions within 24 hours. The…
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EUR/USD Holds Near 1.1580 as Fed Looms Despite ECB Rate Hike
EUR/USD slipped toward 1.1580 even after the ECB raised rates to 2.25%, as traders focused on the Federal Reserve’s larger…
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USD/JPY Holds Above 160 Ahead of Fed and BoJ Decisions
USD/JPY is hovering near 160, a level closely watched for possible Japanese intervention and carry-trade volatility. With the Federal Reserve…
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GBP/USD Tops 1.3450 as Dollar Retreat Meets UK Growth Drag
GBP/USD rose above 1.3450 after easing geopolitical tensions weakened the dollar, but a 0.1% contraction in UK GDP is limiting…
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EUR/USD Rises to 1.1610 as Iran Truce Saps Dollar Demand Ahead of Fed
EUR/USD climbed above 1.1600 after an Iran truce reduced safe-haven demand for the dollar and oil prices fell. Investors are…
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USD/JPY Near 160 as Japan Intervention Risk Meets 300-Basis-Point Rate Gap
USD/JPY is hovering around 160, a level closely associated with Japanese intervention. A wide U.S.-Japan rate gap and falling oil…
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GBP/USD Holds Near 1.34 as UK GDP and BoE Rate Bets Collide
GBP/USD is hovering around 1.34 and its 200-day moving average as traders weigh a possible 0.1% UK GDP contraction against…
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EUR/USD Slips to 1.1567 After ECB Rate Hike as Dollar Stays Firm
EUR/USD fell to around 1.1567 even after the ECB raised rates for the first time since 2023. Investors are focusing…