Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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EUR/USD Holds 1.1620 as ECB Hike Bets Meet Jackson Hole Risk
EUR/USD is holding above 1.1620 after failing near 1.1690, with traders weighing rising expectations for an ECB rate hike against…
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GBP/USD Pulls Back to 1.3605 as 4.99% Gilt Yields Test Sterling Rally
GBP/USD slipped to 1.3605 after failing again near 1.3660, even as sterling remains close to a six-month high. Investors are…
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EUR/USD Stalls Near 1.1710 as Fed-ECB Rate Gap Narrows
EUR/USD held near 1.1664 after failing to extend above 1.1710, with markets weighing a nearly priced-in ECB September hike against…
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GBP/USD Holds Near 1.36 as UK Confidence Hits Two-Year High
Sterling remained pinned above 1.3600 as stronger UK confidence and PMI data met a pause in broad dollar weakness. Traders…
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EUR/USD Holds 1.1577 Support as German Ifo Hits 88.8 Before Jackson Hole
EUR/USD remained above 1.1577 after Germany’s Ifo index rose to 88.8, with traders focused on U.S. inflation data and the…
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Iran Rial Hits Record Low as US Prepares Sweeping Economic Isolation Campaign
The Iranian rial slid to roughly 2.02 million per US dollar in the open market as Washington signaled a major…
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USD/JPY Reclaims 159 as 250-Basis-Point Rate Gap Keeps Pressure on Yen
USD/JPY has climbed back above 159, erasing much of the August intervention-driven drop. Investors are now focused on whether a…
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Canada Tariffs Escalate as Trump Targets Autos, Steel and Parts
New U.S. tariffs on Canadian goods climbed to 50% for hundreds of items, with autos, parts and steel set to…
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GBP/USD Near 1.3675 as Sterling Tests Six-Month High
GBP/USD climbed to 1.3675, extending a four-session advance as sterling challenged six-month highs. The move has been driven by a…
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EUR/USD Near 1.1682 as Dollar Weakness Tests a 125-Basis-Point Rate Gap
EUR/USD has climbed to 1.1682, near the top of a three-month range, even as U.S. rates still exceed euro-area rates…