Forex News
Foreign exchange market news and currency analysis. Track USD, EUR, GBP, and JPY movements, central bank policies, and forex trading signals.
AUD/USD Slips Below 0.71 as Fed Rate Hike Narrows Yield Gap
The Australian dollar dropped below 0.71 USD after the Fed's rate hike narrowed the yield advantage, with the RBA's next move now key.
Dollar Awaits Fed Verdict: Warsh's Tone Key at 2 p.m.
The Fed is set to hike rates by 25bps, but the dollar's fate hinges on Warsh's guidance. A hawkish surprise could boost USD; a cautious pause risks a sell-off.
Trade Deal Signals vs. Tariff Reality: Canada Talks Remain Stalled
President Trump hints at a US-Canada trade deal, but formal talks remain suspended and tariffs are set to expand. Markets show little optimism as USD/CAD dips.
Trump Urges Ukraine to Stop Strikes on Russian Refineries, Diesel Shortage Persists
President Trump urges Ukraine to stop striking Russian refineries, citing global diesel shortage. IEA data shows a 1.6 million bpd supply gap persists.
BOJ Rate Hike Expected, But Yen's Fate Hangs on Ueda's Next Move
The Bank of Japan is set to raise rates to 1.25%, but the yen's direction depends on Governor Ueda's hints about further tightening. USD/JPY has already fallen 1.7% this week.
Loonie Under Pressure as BoC, Fed Signals Loom
The Canadian dollar weakened to C$1.3866 per USD ahead of twin central bank signals Wednesday. BoC minutes and Fed rate decision could set the tone for the loonie.
Loonie Slips Despite Oil Spike: Why CAD Ignored $104 Crude
The Canadian dollar weakened to C$1.3834 per USD even as oil surged past $104. Higher U.S. yields and trade tensions outweighed the crude boost.
Dollar Index Climbs to 99.08 Ahead of CPI: Key Levels to Watch
The dollar index advanced to 99.08 ahead of Friday's CPI, supported by strong producer prices and rising Treasury yields. Core inflation will dictate next direction.
Dollar's Modest Gain Masks Yen Strength as Oil Tops $101
The dollar index edged up just 0.1% even as Brent crude topped $101 and 10-year yields approached 4.85%. Yen strength and BOJ hike bets are capping USD/JPY gains.
Japan's FX Reserves Plunge $79.6B, Yen Hits 153.51
Japan's official reserves dropped $79.6B in August to $1.2075T, with foreign-currency securities down $87.8B. Yen strengthened past 154 as intervention and BOJ expectations converge.
Peso Dips on Thin Holiday Trading; Budget Awaited
The Mexican peso slipped 0.15% against the dollar on Monday, but thin holiday trading limits significance. All eyes turn to Mexico's 2027 budget and inflation data.
Loonie Holds Ground Despite August Job Losses
The Canadian dollar closed the week at 72.25 US cents despite a 42,000 job loss in August, while US payrolls grew by 162,000. Rate differentials and inflation keep the loonie in focus.