Forex News

Foreign exchange market news and currency analysis. Track USD, EUR, GBP, and JPY movements, central bank policies, and forex trading signals.

Dollar Firms Ahead of US CPI Data as Geopolitical Tensions, Oil Surge Rattle Markets
Forex Rebecca Torres

Dollar Firms Ahead of US CPI Data as Geopolitical Tensions, Oil Surge Rattle Markets

The US dollar maintained strength against the euro, trading near 0.86 (EUR/USD ~$1.1615), as markets braced for US inflation data and grappled with oil supply fears. The euro has declined roughly 1.5% since the late-February attack on Iran.

USO FXI
Australian Dollar Eyes Key GDP Data Amid Analyst Optimism
Forex Rebecca Torres

Australian Dollar Eyes Key GDP Data Amid Analyst Optimism

The Australian dollar stabilizes near 0.7100 as analysts project a rise toward 73-75 U.S. cents by year-end, with immediate focus on Wednesday's GDP data and geopolitical risks.

ANZBY
Australian Dollar Eyes Key GDP Data Amid Analyst Divergence
Forex Rebecca Torres

Australian Dollar Eyes Key GDP Data Amid Analyst Divergence

The Australian dollar is holding near 0.7100 against the U.S. dollar, with major banks forecasting further gains. All eyes are on upcoming GDP data, with crowded speculative positions raising the risk of a sharp market move.

ANZBY
AUD Hits 3-Year High on RBA Rate Hike Expectations
Forex Rebecca Torres

AUD Hits 3-Year High on RBA Rate Hike Expectations

The Australian dollar reached a three-year peak above 71 US cents amid heightened expectations for further Reserve Bank of Australia monetary tightening. Mortgage lending jumped 9.5% in Q4, supporting the currency's rally.

FXI