Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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GBP/USD Holds Near 1.3544 as BoE-Fed Rate Gap Shrinks to 12.5 Bps
GBP/USD is trapped in a narrow range as the Bank of England’s yield advantage over the Federal Reserve narrows to…
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EUR/USD Holds Near 1.1611 Ahead of ECB Rate Call and Key US CPI Test
EUR/USD is trapped near 1.1611 as traders brace for an expected ECB rate hike and a US inflation report that…
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USD/JPY Breaks 155 as Bank of Japan September Hike Bets Lift the Yen
USD/JPY fell through 155.00 to six-month lows near 154.00 as traders priced a more aggressive Bank of Japan tightening path.…
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GBP/USD Holds Near 1.3500 as Fed and BoE Decisions Loom
GBP/USD is hovering around 1.3500 as the interest-rate gap between the UK and US narrows to just 12.5 basis points.…
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EUR/USD Holds 1.1615 Ahead of ECB Rate Hike and US CPI
EUR/USD entered September 7 near 1.1615 after shrugging off a strong US jobs report. Markets are now focused on the…
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USD/JPY Slides 4 Yen as Bank of Japan Hawkish Shift Lifts Yen
USD/JPY fell to around 155.40 after a four-yen intraday move, as investors priced in a higher probability of Bank of…
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GBP/USD Rebounds to 1.3535 After Waller Comments Shift Fed Rate Bets
GBP/USD climbed to 1.3535 after Federal Reserve Governor Christopher Waller’s remarks cut September hike odds to about 48%. The move…
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USD/JPY Holds Near 160 as BoJ and Fed Rate Gap Keeps Pressure on Yen
USD/JPY remained pinned near 160 even as Japan’s 10-year bond yield crossed 3% and Tokyo core CPI accelerated to 2.0%.…
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GBP/USD Tests 1.3500 as UK 30-Year Gilt Yield Hits 5.904%
GBP/USD slipped toward 1.3500 as the dollar strengthened and UK gilt yields climbed to multi-decade highs. Investors are increasingly treating…
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EUR/USD Falls Below 1.1600 as Eurozone Inflation Hits 3.3%
EUR/USD slipped to a two-week low near 1.1575 as broad dollar strength and higher energy costs outweighed a hotter eurozone…