Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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USD/JPY Holds Near 160 as Japan’s 10-Year JGB Yield Hits 3%
USD/JPY remained pinned near 159.75 as traders weighed a possible September rate hike from both the Federal Reserve and the…
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GBP/USD Holds Above 1.35 as UK Inflation Hits 2.9% Before Fed and BoE Meetings
Sterling is clinging to the 1.35 level as UK inflation accelerates to 2.9% and three Bank of England policymakers back…
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EUR/USD Falls to 1.1593 as Fed Hike Odds Jump to 66.4%
EUR/USD slipped to 1.1593 as rising Federal Reserve hike expectations outweighed eurozone inflation data. Traders are now focused on the…
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Trump’s Iran Remarks and Venezuela Oil Deal Put Energy Markets in Focus
Donald Trump’s latest remarks on Iran and a newly announced Venezuela oil agreement have sharpened investor attention on geopolitical risk…
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USD/JPY Near 160 Puts Yen Intervention Back in Focus as JGB Yields Hit 2.93%
The yen’s return to the 160-per-dollar area has revived intervention risk, but Japan’s rising bond yields may be the more…
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GBP/USD Holds 1.3521 as Fed Odds, BoE Pause Shape Sterling
GBP/USD is defending support near 1.3521 as markets await the Bank of England’s September 17 decision and react to shifting…
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EUR/USD Holds 1.1600 as Fed and ECB Rate Bets Collide
EUR/USD is hovering near 1.1600 after a sharp dollar-driven selloff reset the pair from its August highs. With both the…
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U.S. Iran Secondary Sanctions Hit Banque Misr UAE Branches
The U.S. has applied its first secondary Iran sanctions by cutting Banque Misr’s UAE branches off from dollar access. The…
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USD/JPY Holds Near 159 as BOJ Hike Bets Rise to 87%
USD/JPY remained pinned near 159 even after hawkish comments from BOJ Deputy Governor Ryozo Himino. Investors are focused on whether…
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GBP/USD Retreats After 1.3651 Rejection as BoE Hike Bets Slip
GBP/USD failed at 1.3651 for a third time as stronger U.S. data lifted the dollar and markets pushed the next…