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

EUR/GBP Price Analysis: Cross gains traction near 0.8600 despite neutral oscillators
The EUR/GBP pair extended its upside momentum during Wednesday’s session, climbing toward the 0.8600 area after a 0.45% daily gain.
Crosses
Technical Analysis
Currencies
EURGBP

GBP/USD rises as UK inflation cools, BoE rate cut bets increase
The British Pound advanced during the North American session, posting soft gains of 0.14% against the Greenback as inflation slowed to its weakest level in three months. This adds to pressure on the Bank of England to reduce interest rates.
Technical Analysis
Currencies
Majors
GBPUSD
Fundamental Analysis


EIA weekly crude oil inventories +515K vs +507K expected
Weekly US petroleum data for the week ending April 11, 2025
Oil

USD/CAD slumps further as BoC leaves interest rates steady at 2.75%
The USD/CAD pair extends its downside below 1.3900 during North American trading hours on Wednesday. The Loonie pair weakens further as the Bank of Canada (BoC) leaves its borrowing rates at 2.75%, as expected.
BOC
TradeWar
Fed
USDCAD
InterestRate



US business inventories for February 0.2% versus 0.2% estimate
Business inventories and retail inventories for February 2025
USD

USD/JPY struggles to hold 142.00 as US-China trade war batters US Dollar
The USD/JPY pair struggles to hold the key support of 142.00 during North American trading hours on Wednesday, the lowest level seen in over four months. The pair faces selling pressure as the US Dollar (USD) has been hit hard by the intensifying trade war between the United States (US) and China.
TradeWar
Fed
BOJ
Inflation
USDJPY

Bank of Canada rate decision leaves rates unchanged, as expected
Highlights of the April 17, 2025 Bank of Canada rate decision
CAD


JPY climbs as trade talks begin in DC – Scotiabank
The Japanese Yen (JPY) is up 0.4% against the US Dollar (USD), holding mid-pack among G10 peers as markets eye Japan-US trade talks in Washington.
Technical Analysis
BOJ
Japan
USDJPY
Banks

EUR rises within range – Scotiabank
Euro (EUR) is up an impressive 0.7% against the US Dollar (USD) and recovering back toward the upper end of its four- session range, strengthening in tandem with its regional peers Swiss Franc (CHF) and Swedish Krona (SEK), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks

CAD regains some ground ahead of BoC policy decision – Scotiabank
The Canadian Dollar (CAD) lost ground yesterday after weaker than expected CPI data lifted market speculation that the BoC could cut interest rates at today’s policy decision (13:45 GMT), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks

GBP extends rally for seventh session – Scotiabank
Pound Sterling (GBP) is up 0.3% vs. the US Dollar (USD) and a mid-performer among the G10 currencies as it extends its gains for a seventh consecutive session and pushes toward its prior (September) highs around 1.34, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
GBPUSD

USD: Trade tensions keep US markets on the defensive – Scotiabank
The USD is trading defensively this morning again, while US Treasurys are weaker (and underperforming) and US equity futures are softer. Global stocks are lower after the US government said it would require Nvidia to obtain a license to export one of its chips to China.
Technical Analysis
US Elections
Fed
Banks
DollarIndex

US Retail Sales rise by 1.4% in March vs. 1.3% expected
Retail Sales in the United States (US) rose by 1.4% in March to $734.9 billion, the US Census Bureau announced on Wednesday. This reading followed the 0.2% increase recorded in February and came in slightly better than the market expectation for an increase 1.3%.
UnitedStates
RetailSales
EconomicIndicator
Macroeconomics



ForexLive European FX news wrap: Dollar shoved lower as risk remains cautious
Forex news from the European morning session on Apr 16, 2025
Session wrap
Wrap Europe

NZD/USD: A lower beta to AUD – ING
The New Zealand dollar has shown resilience compared to its Australian counterpart, as markets see less tariff risk for NZ.
Technical Analysis
Banks
AUDUSD
NZDUSD

USDCAD: a look at the chart ahead of the BoC rate decision
The BoC is expected to hold rates unchanged today but there are good chances of a 25 bps cut
CAD
USD

China: Currency weakens despite favourable data – Commerzbank
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank's FX analyst Volkmar Baur notes.
Banks
PBOC
USDCNH
China
USDCNY

White House note shows US tariffs against China could be hiked up to 245%
The number doesn't matter all too much at this point
USD

USD/CAD declines to near 1.3900 ahead of BoC’s monetary policy decision
The USD/CAD pair falls sharply to near 1.3900 in Wednesday’s European session. The Loonie pair weakens as the US Dollar (USD) falls back after a short-recovery move on Tuesday. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps to near 99.40.
BOC
TradeWar
Fed
USDCAD
DollarIndex

AUD/USD: Still the most vulnerable – ING
AUD/USD has retraced its losses, but the Australian dollar remains fragile amid cross weakness and persistent US-China trade tensions.
Technical Analysis
Banks
AUDUSD

Japan the first key litmus test on Trump's willingness to strike a compromise
Keep in mind that Japan is one of the US' closest allies though
Politics

CAD: Tariffs recede into the background for the market, but does the same apply for the BoC? – Commerzbank
The tariffs no longer seem to be a major issue for the CAD, especially since the US administration has exempted Canada from the reciprocal tariffs.
Banks
USDCAD
Canada
BOC
Technical Analysis

Gold refreshes all-time highs as tariff war boosts safe-haven demand
Gold price (XAU/USD) posts a fresh all-time high (ATH) near $3,319 in Wednesday's North American session.. The precious metal remains an attractive investment amid heightening global trade tensions.
XAUUSD
Fed
SEO
Gold
DollarIndex

USD/CAD: Keeping risk premium on for longer – ING
While a Bank of Canada hold is widely expected, it's the looming US-Canada trade tensions and the outcome of Canada's late-April election that may shape the CAD's path.
Technical Analysis
Canada
BOC
USDCAD
Banks

US MBA mortgage applications w.e. 11 April -8.5% vs +20.0% prior
Latest data from the Mortgage Bankers Association for the week ending 11 April 2025
USD

China: Stronger-than-expected Q1 growth – Standard Chartered
Q1 GDP growth remained solid at 5.4% y/y, providing a cushion to meet the annual growth target. March real activity growth beat market consensus by a significant margin; outlook remains cautious.
Growth
GDP
China
Banks

EUR/CHF: Tough times for the SNB – ING
The Swiss franc has surged amid global equity turmoil and waning confidence in the dollar.
Technical Analysis
EURCHF
USDCHF
Banks
Switzerland

Safety, export markets and oil as drivers – Commerzbank
Much has happened since the US 'Liberation Day' on 2 April. Tariffs have been introduced, only to be partially suspended. Negotiations have begun, though seemingly without much prospect of success. And new tariffs are already being planned. Of course, all this has not left the markets unscathed.
Technical Analysis
Oil
TradeWar
Energy
Banks

EUR/GBP: Raising the profile – ING
EUR/GBP has held up better than expected, buoyed by euro strength and pressure on sterling from rising gilt yields.
Technical Analysis
EURGBP
Banks

Trump: Japan is coming in today to negotiate tariffs and the cost of military support
Trump post on Truth Social
USD

USD/CAD slides back into multiyear range – Societe Generale
USD/CAD continues to trend lower after February's rejection at 1.48, breaking below the 200-DMA and slipping back into a multiyear range.
Technical Analysis
USDCAD
Banks

EUR/JPY: Surprisingly steady – ING
Despite global equity market moves, EUR/JPY is diverging from its usual correlations, driven by a dollar sell-off and repatriation flows from Europe and Japan.
Technical Analysis
EURJPY
Banks

China reportedly mulls requesting Airbus to supply any new jets with extra set of engines
This reaffirms the Boeing boycott
CNY