Current news is English only but we will be adding multilingual news - check back soon.

Forex Today: Japanese CPI data will take centre stage on Good Friday
The Greenback grabbed some much-needed oxygen on Maundy Thursday despite alternating risk appetite trends.
Currencies
EURUSD
CPI
Inflation
Japan

Trump: Federal Reserve Chairman will leave if I ask him to
Trump says he's not happy with Powell
Fed

Dow Jones crashes over 500 points as UnitedHealth tanks, Trump slams Powell for delayed cuts
The Dow Jones Industrial Average (DJIA) on Thursday plunged over 500 points, or over 1.30%, and UnitedHealth Group (UNH) shares nosedived 23% following an earnings miss and a pessimistic full-year outlook.
DowJones
Equities
Fed
SEO

Baker Hughes oil rig count +1 to 481
The weekly Baker Hughes oil rig count data is a day early due to the Good Friday holiday
Oil

Atlanta GDPNow growth estimate for Q2 unchanged at -2.2%
The gold import and export adjusted GDP also unchanged at -0.1%
Fed

Citibank sees gold prices rallying to $3500 over the next three months
Up from $3000 previously
Gold

GBP/USD hold steady near 1.3250 after mixed US economic data
The Pound Sterling remained steady against the US Dollar on Thursday after US economic data suggested that the labor market remains solid, while housing data was mixed. At the time of writing, the GBP/USD trades at 1.3250 up 0.11%.
Technical Analysis
Currencies
Majors
GBPUSD
Fundamental Analysis

Italy's economic minister to meet with US Treasury Secretary Bessent on Tuesday
Trump is scheduled to meet with Italy's PM today in Washington
USD

The treasury will auction off 2, 5, and 7-year notes next week
All amounts announced are as expected
USD

Global Economy Insights: IMF Chief discusses uncertainties and policy pivots
IMF's Georgieva emphasizes strong fundamentals amid increased uncertainty, calls for reducing negative perceptions to support economic recovery and urges for a fairer global trading system amidst rising tensions between U.S. and China.
USD

USD/CAD gives up intraday gains as USD’s recovery trims
The USD/CAD pair surrenders its intraday gains and falls back to near 1.3860 during North American trading hours on Thursday.
Canada
BOC
TradeWar
USDCAD
DollarIndex

Israeli officials recently developed plans to attack Iranian nuclear sites in May
New York Times report from late yesterday
Politics

JPY tumbles on trade data – Scotiabank
Japanese Yen (JPY) is weak, down 0.5% vs. the US Dollar (USD) and underperforming all the G10 currencies along with its haven peer Swiss Franc (CHF).
BOJ
Japan
USDJPY
Banks

CAD gives up mild gain led by steady BoC – Scotiabank
The Bank of Canada leaving policy on hold on Wednesday provided a minor boost for the Canadian Dollar (CAD) but the pair has nudged a little higher again this morning, reflecting minor gains in the US Dollar (USD), leaving funds trading more or less bang on our fair value estimate (1.3881), Scotiaba
Technical Analysis
Canada
BOC
USDCAD
Banks

GBP is consolidating recent rally – Scotiabank
Pound Sterling (GBP) is entering Thursday’s American session flat against the US Dollar (USD) with relative gains against all of the G-10 currencies with the exception of Swedish Krona (SEK) and Norwegian Krone (NOK), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
GBPUSD

US stocks are opening up mixed.UnitedHealth group earnings disappointed pressuring the Dow
UNH shares are down -18%
Stocks

EUR/JPY falls back as ECB warns economic risks after easing monetary policy further
The EUR/JPY pair gives up its entire intraday gains and ticks lower to near 161.50 during North American trading hours on Thursday. The pair faces a sharp sell-off as the Euro (EUR) underperforms after the monetary policy announcement by the European Central Bank (ECB).
ECB
Eurozone
Japan
EURJPY
InterestRate

Lagarde speech: Meaningless to assess restrictiveness now
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
ECB
CentralBanks

USD consolidates, trump criticizes Powell – Scotiabank
The US Dollar (USD) is tracking a little higher in rather calm and generally featureless trade.
Technical Analysis
Fed
Banks
DollarIndex

Lagarde speech: Options were debated, no one argued for 50 bps cut
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
ECB
EURUSD
CentralBanks

Fed’s Williams: Neutral rate is still likely low
New York Federal Reserve (Fed) president John Williams told Fox Business on Thursday that monetary policy is “well-positioned” and doesn’t need any tweaks right now.
Currencies
Fed
CentralBanks
Inflation
InterestRate

Lagarde speech: Strong Euro could push down inflation
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
ECB
EURUSD
CentralBanks

Lagarde speech: Economic outlook is clouded by uncertainty
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
ECB
CentralBanks


US: Initial Jobless Claims dropped to 215K last week
United States (US) citizens filing new applications for unemployment insurance ticked lower to 215K for the week ending April 12, as reported by the US Department of Labor (DOL) on Thursday.
UnitedStates
Employment
EconomicIndicator
DollarIndex

CBRT surprises markets with a rate hike to 46.00%
The Turkish central bank (CBRT) shocked investors on Thursday with a hefty 350 bps leap in its key interest rate to 46%, abruptly reversing its easing cycle and giving the lira a modest boost.
Currencies
InterestRate
CBRT
USDTRY
Türkiye



US March housing starts 1.324M vs 1.420M expected
US housing starts and building permits data for March 2025
USD

Trump: Every Nation, including China, wants to meet!
Another Trump post on Truth Social
market overview

What would happen if the Federal Reserve lost its independence?
There's been lots of talk about the Fed potentially losing its independence, but what would be the market's reaction to such a huge event
market overview

ForexLive European FX news wrap: Light bounce in the dollar, risk; ECB up next
Forex news from the European morning session on Apr 17, 2025
Session wrap
Wrap Europe

Reminder: Market closures in observance of the Easter break
Good Friday and Easter Monday is just around the corner
market overview

China premier Li: We should have the courage to break conventions when necessary
Remarks by China premier Li Qiang
CNY

GBP/USD Price Forecast: Rally pauses near 1.3300
The GBP/USD pair ticks lower to near 1.3230 during European trading hours on Thursday. The Cable edges lower as the US Dollar (USD) attracts some bids on meaningful progress in trade talks between the United States (US) and Japan.
UnitedStates
UnitedKingdom
Japan
GBPUSD
DollarIndex

Gold corrects from new all-time highs as US makes progress in trade talks
Gold price (XAU/USD) corrects to near $3,290 in Thursday’s North American session after hitting a fresh all-time high of $3,358 earlier in the day.
XAUUSD
China
UnitedStates
Gold
SEO

What are analysts saying ahead of the ECB policy decision later?
A couple of notes before the upcoming ECB meeting decision at 1215 GMT
ECB