Currency News

Trump called for lower rates not just in the US but globally. This is unlikely to be the last time he will try to jawbone the central bank into looser monetary policy. Markets are likely to puke should Fed independence get compromised.

US President Trump's tariff threats roiled the foreign exchange market at the start of last week. However, by the end of the trading week, the market seemed to take what many increasingly saw as negotiating positions in stride.

This week, we saw the S&P 500 rally sharply, but on declining volume—a possible sign of an absence of sellers rather than strong performance.

Today you will see USDJPY price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.

The Canadian Dollar made some headway against the Greenback on Friday. Bank of Canada poised to deliver another rate cut next week. Weakness in the US Dollar Index drives CAD higher than the CAD itself.

Today you will see GBPUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for GBPUSD. What to expect where the price will breakout for the GBPUSD based on the supply and demand zones.

Pair jumps 0.42% to 0.6315 on Friday, buoyed by broad risk appetite. Trump expresses willingness to avoid tariffs on China, offers trade deal hints. Fed rate cut bets and upbeat sentiment pressure the US Dollar.

Today you will see EURUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for EURUSD. What to expect where the price will breakout for the EURUSD based on the supply and demand zones.

The recent surge in stock market valuations has been underpinned primarily by unwavering growth and robust earnings.

The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is experiencing sustained losses as it sinks below 107.50, its lowest level this week.

Gold and silver rallied in the morning, but were pushed back down to 'non-threatening' levels in the afternoon.

The British pound has stalled a bit during the trading session on both Wednesday and Thursday, and as I look at the chart, the 1.2350 level is an area that I think a lot of people will be paying close attention to.

USD/JPY recovers sharply to near 156.50 as the Japanese Yen underperforms its major peers.

The US Dollar retreats on all fronts and against all major peers.

The US dollar rallied a bit during the trading session here on Thursday, as it looks like the 0.91 level is being targeted.

The US dollar rallied a bit during the trading session here on Thursday, as it looks like the 0.91 level is being targeted. If we can break the market above here, and I don't see any reason why we can't, then we will start to ask questions to 0.92.

The US dollar is broadly lower. The tariff-threat inspired gains stalled and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies.

Equity futures are lower this morning but only modestly so after the SPX 500 closed at a fresh new all-time high.

Japan’s CPI rose by 3.0% in December. The Bank of Japan hiked rates by 25-bps on Friday morning, boosting the yen. Data revealed a slight increase in US jobless claims last week.

EUR/USD raises sharply to near 1.0500 as upbeat Eurozone preliminary PMI data for January has strengthened the Euro.

The euro drifted a little bit lower during the trading session on Thursday as we continue to hang around the 0.8450 level. The pound of course has given up some strength for a while, but I think a lot of this is just simple profit taking.

The anticipated development of wave 2 provides an opportunity to monitor corrective market behavior before the continuation of the upward trend.

The Bank of Japan delivered a well-telegraphed 25bp hike, but surprised markets on the hawkish side by materially raising its inflation forecasts.

The USD/JPY pair declined to 155.13 on Friday, as the yen gained robust support following the Bank of Japan’s (BoJ) decision to raise its interest rate during the January meeting.

AUD/USD attracted some buyers after Trump said that he could reach a trade deal with China.