Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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GBP/USD Holds Near 1.3385 as UK Inflation Cools to 2.6%
Sterling remains pinned below 1.3400 after UK inflation slowed to 2.6%, weakening expectations for a Bank of England rate increase.…
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EUR/USD Falls to 1.1385 After ECB Holds Rates at 2.25%
EUR/USD retreated to 1.1385 after the ECB left its deposit rate unchanged at 2.25%, while oil above $100 and elevated…
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USD/JPY Hits 163.19 as Yen Slumps to a 40-Year Low
USD/JPY rose to 163.19, the highest level since 1986, as a wide U.S.-Japan rate gap and higher oil prices kept…
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GBP/USD Holds Near $1.3374 as UK Inflation Slows Before Fed and BoE Decisions
Sterling eased after UK inflation cooled to 2.6% in June, but GBP/USD remained trapped in its recent range near $1.3374.…
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EUR/USD Holds Near 1.1411 Ahead of ECB Decision as Yield Gap Limits Euro
EUR/USD hovered near 1.1411 before the ECB decision, with the euro pinned close to one-year lows by a wide U.S.…
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USD/JPY Near 161.50 as Fed Outlook Keeps Yen Close to 40-Year Low
USD/JPY is hovering near 161.50 even after the Bank of Japan lifted rates to 1.00%, as a wide U.S.-Japan yield…
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GBP/USD Holds Near 1.3450 as Fed and BoE Decisions Test 1.35 Breakout
GBP/USD is hovering near 1.3450 as investors weigh back-to-back decisions from the Federal Reserve and Bank of England. With policy…
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EUR/USD Holds Near 1.1426 as ECB and Fed Keep Markets Guessing
EUR/USD remains trapped near 1.1426 as traders weigh a 125-150 basis point U.S. rate advantage against upcoming ECB and Fed…
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USD/JPY Near 162.40 as Carry Trade Tests BoJ and Intervention Limits
USD/JPY is hovering near a 40-year high after touching 162.84 on July 1, with the wide U.S.-Japan rate gap still…
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EUR/USD Holds Near 1.1450 as ECB and Fed Decisions Loom
EUR/USD rebounded toward 1.1450 as U.S. rate-hold odds climbed to 85.6%, but the pair remains trapped between policy uncertainty, a…
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GBP/USD Holds Near 1.3459 as 1.3550 Breakout Hinges on Fed and BoE
GBP/USD is consolidating near 1.3459 with resistance at 1.3550 as traders await late-July decisions from the Federal Reserve and Bank…
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USD/JPY Near 161.70 as BOJ Hike and ¥11.7 Trillion Intervention Fail to Lift Yen
USD/JPY is hovering near 161.70 even after the Bank of Japan raised rates to 1.00% and Tokyo spent a record…