Forex News
Latest forex news, currency market updates and analysis for major FX pairs
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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…
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USD/JPY Tops 160.50 as BoJ’s June 16 Rate Decision Tests Tokyo
USD/JPY climbed above 160.50, pushing the yen back into a zone associated with Japanese currency intervention. Investors are now focused…
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GBP/USD Falls Below 1.3350 After Failing at 1.3400 Resistance
GBP/USD retreated after failing to hold above its 200-day moving average near 1.3400. Strong U.S. inflation data, safe-haven demand for…
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EUR/USD Holds Near 1.1550 After ECB Raises Rates to 2.25%
EUR/USD stayed pinned near 1.1550 after the ECB delivered its first rate hike since 2023. Investors focused less on the…
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USD/JPY Nears 160.73 as BoJ Rate Hike Bets Clash With Intervention Risk
USD/JPY traded around 160.40 ahead of pivotal June central bank meetings, with markets bracing for a Bank of Japan rate…
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GBP/USD Stalls at 1.3377 as Fed, ECB and BoE Decisions Near
GBP/USD is trading just below the 1.3400 resistance zone as investors brace for three major central bank decisions in eight…
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EUR/USD Holds Near 1.1555 as ECB Rate Hike Meets Strong Dollar
EUR/USD remained pinned near 1.1555 ahead of the ECB’s expected June 11 rate increase, with the dollar staying firm on…