Forex News
Daily updates on global forex market news to help you seize trading opportunities
Pound Sterling slides further as weak UK data cements more BoE rate cuts
The Pound Sterling (GBP) underperforms its major currency peers, except the Japanese Yen (JPY), on Wednesday. The Britis. Free forex trading training by Yongxianli.
EUR/USD drifts lower with all eyes on the US government's reopening
EUR/USD shows marginal losses on Wednesday, trading at session lows near 1.1670 at the time of writing, after peaking ab. Free forex trading training by Yongxianli.
ECB’s Schnabel: Risks to inflation are tilted a little bit to the upside
European Central Bank (ECB) executive board member Isabel Schnabel said at BNP Paribas' 9th annual Global Markets Confer. Free forex trading training by Yongxianli.
AUD/USD: Price movements are likely part of a range-trading phase – UOB Group
The current price movements are likely part of a range-trading phase between 0.6510 and 0.6540. In the longer run, AUD i. Free forex trading training by Yongxianli.
Hopes rest on further USD weakness for the time being – Commerzbank
The Canadian Dollar (CAD) has performed poorly once again this year. Only the Japanese yen and the New Zealand Dollar (N. Free forex trading training by Yongxianli.
NZD/USD: Might edge higher and test 0.5675 before levelling off – UOB Group
New Zealand Dollar (NZD) could edge higher and test 0.5675 before levelling off; any further advance is unlikely to reac. Free forex trading training by Yongxianli.
USD/JPY: Likely to trade between 153.10 and 155.00 – UOB Group
US Dollar (USD) is likely to trade in a range for now, likely between 153.10 and 155.00, UOB Group's FX analysts Quek Se. Free forex trading training by Yongxianli.
Silver supported by Fed rate-cut expectations, US economic concerns
Silver (XAG/USD) trades around $51.70 on Wednesday at the time of writing, up 1.00% on the day, extending its recent win. Free forex trading training by Yongxianli.
USD/INR sees more upside as India’s retail inflation growth cools down to 0.25%
The Indian Rupee (INR) is exposed to more downside against its major peers as India's retail Consumer Price Index (CPI) . Free forex trading training by Yongxianli.
GBP: British labor market sends out warning signals again – Commerzbank
The British Chancellor of the Exchequer was probably hoping for a better labour market report that indicates that the un. Free forex trading training by Yongxianli.
USD/SGD: Consolidation on the daily chart – OCBC
USD/SGD continued to trade subdued in absence of fresh catalyst. Pair continues to hold around 1.3030 levels, OCBC's FX . Free forex trading training by Yongxianli.
NZD/USD treads water below 0.5670 with both currencies on the back foot
The New Zealand Dollar is trading practically flat, right above 0.5650 against the US Dollar, with both currencies losin. Free forex trading training by Yongxianli.