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The Canadian dollar is drifting but things could get busier in the North American session as the US releases the nonfarm payrolls report. In the European session, USD/CAD is trading at 1.3371, down...
EUR/USD has edged higher in the European session and trading at 1.0890, up 0.18% on the day. The euro had a strong day on Thursday, gaining 0.50%.Eurozone CPI Eases to 2.8%Inflation continues to fall...
OANDA Senior Market Analyst Craig Erlam discusses the moves in GBP/USD after the Federal Reserve and Bank of England held interest rates. Original Post
The British pound is higher on Thursday. In Tuesday’s North American session, GBP/USD is trading at 1.2731, up 0.32%.BoE holds rates in a three-way splitThe Bank of England maintained the...
The Australian dollar is sharply lower on Thursday after the Fed policy meeting a day earlier. In the European session, AUD/USD is trading at 0.6514, down 0.78%. Earlier, the Australian dollar dropped...
EUR/USD showed little movement earlier but that changed after German CPI was softer than expected. The euro gained 0.40% in the aftermath of the inflation report but has given back about half of those...
The Australian dollar has lost ground after Australia’s CPI was lower than expected. In the European session, AUD/USD is trading at 0.6578, down o.37%. The Aussie continues to struggle and has...
The euro has edged higher on Tuesday. In the European session, EUR/USD is trading at 1.0850, up 0.16%.German GDP Declines by 0.2%Germany, the largest economy in the eurozone, continues to weigh on the...
Eurozone records zero growth in Q4 UK shop prices rise at a slower pace in January EURGBP rebounds near 2023 lows Economic data confirmed what we already knew earlier today, that the eurozone is not...
The British pound is lower on Tuesday. In the European session, GBP/USD is trading at 1.2680, down 0.23%.UK Shop Inflation Decelerates SharplyInflation in UK shops rose 2.9% y/y in January, compared...
The Australian dollar showed little reaction to the release of Australian retail sales earlier today. In the European session, AUD/USD is trading at 0.6600, down o.15%.Australia’s Retail Sales...
Fed could signal a March rate cut is on the cards Will the BoE forecasts offer any insight on interest rates? Cable continues to consolidate ahead of central bank meetings This is widely expected to...
Fed statement and press conference key this week. US jobs report eyed, wages in particular. EURUSD bearish momentum increases. This could be a pivotal week for the US at the start of what is a huge...
The Swiss franc has edged higher on Monday. In the European session, USD/CHF is trading at 0.8618, down 0.25%.SNB Concerned About Swiss Franc’s SurgeThe Swiss National Bank isn’t shy about...
The euro is in positive territory on Friday. In the European session, trading at 1.0846 in the European session.ECB Maintains Interest RatesTo nobody’s surprise, the European Central Bank left...
The Japanese yen is drifting on Friday. In the European session, USD/JPY is trading at 147.80, up 0.10%.Tokyo Core CPI Falls to 1.6%Tokyo Core CPI reached a significant milestone today, falling to...
US GDP rises 3.3% (annualized) in Q4 A fairytale outcome for the US economy GBP/USD drifts lower US economic data continues to point to an economy that’s doing very well despite the various...