Current news is English only but we will be adding multilingual news - check back soon.
USDCHF consolidates around key moving averages after jobs data
USDCHF consolidates around key moving averages after jobs data
Pair trades in tight range between 0.8195 and 0.8333 as market weighs next move following April's sharp decline
CHF
USD
GBP/USD rebounds despite strong US NFP report, market doubt immediate Fed cuts
GBP/USD rebounds despite strong US NFP report, market doubt immediate Fed cuts
The Pound Sterling (GBP) is advancing for the first time in the last four days and bounced off weekly lows against the Greenback, although an upbeat jobs report in the United States (US) decreased fears of a recession in the largest economy.
Technical Analysis
Currencies
Majors
GBPUSD
Fundamental Analysis
EURUSD extends to new highs, breaks above 100/200-hour MAs
EURUSD extends to new highs, breaks above 100/200-hour MAs
Short-term bullish shift sets sights on trendline resistance near 1.1403; 1.1424 is the next key target
EUR
USD
The USD is lower ahead of the US jobs report. What levels will be eyed for trading clues?
The USD is lower ahead of the US jobs report. What levels will be eyed for trading clues?
The video outlines the key technical levels in play for the EURUSD, USDJPY and GBPUSD
USDJPY Technical Analysis – Dollar shorts unwind as de-escalation gathers steam
USDJPY Technical Analysis – Dollar shorts unwind as de-escalation gathers steam
The USDJPY pair continues to edge higher supported by more and more de-escalation on the trade front and a dovish BoJ. What’s next?
JPY
USD
USD/CAD Price Forecast: Tests 1.3800 support after pulling back from nine-day EMA
USD/CAD Price Forecast: Tests 1.3800 support after pulling back from nine-day EMA
The USD/CAD pair retraces its gains registered in the previous session, trading around 1.3810 during the early European hours on Friday.
USDCAD
Technical Analysis
Majors
GBP/JPY Price Forecast: Strengthens above 193.00, overbought RSI warrants caution for bulls
GBP/JPY Price Forecast: Strengthens above 193.00, overbought RSI warrants caution for bulls
The GBP/JPY cross drifts higher to near 193.25 during the early European session on Friday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) as traders scale back their bets on further interest-rate hikes by the Bank of Japan (BoJ). 
GBPJPY
Crosses
Technical Analysis
FX option expiries for 2 May 10am New York cut
FX option expiries for 2 May 10am New York cut
A look at what is on the board for today
US Dollar Index Price Forecast: Hovers near 100.00 after breaking above descending channel
US Dollar Index Price Forecast: Hovers near 100.00 after breaking above descending channel
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, is losing ground after registering gains in the previous three successive sessions, trading near 100.10 at the time of writing.
Technical Analysis
Majors
DollarIndex
Silver Price Forecast: XAG/USD recovers further from multi-week low, climbs above mid-$32.00s
Silver Price Forecast: XAG/USD recovers further from multi-week low, climbs above mid-$32.00s
Silver (XAG/USD) builds on the previous day's goodish bounce from the $31.65 area, or a nearly three-week low, and gains some follow-through traction during the Asian session on Friday.
Technical Analysis
Silver
Commodities
XAGUSD
AUD/NZD Price Analysis: Aussie stalls near 1.0800 as bearish pressure builds
AUD/NZD Price Analysis: Aussie stalls near 1.0800 as bearish pressure builds
The AUD/NZD pair edged slightly higher on Thursday, trading near the 1.0800 area as the market transitions into the Asian session. While the move shows mild intraday strength, the broader technical setup remains tilted to the downside.
Crosses
Technical Analysis
Australia
Currencies
AUDNZD
USD/JPY rallies as BoJ caution and US data push pair to two-week high
USD/JPY rallies as BoJ caution and US data push pair to two-week high
The USD/JPY is trading with notable strength, surging to the upper end of its recent range as the Japanese Yen continues to underperform following the Bank of Japan’s latest policy meeting.
Technical Analysis
Currencies
Majors
USDJPY
Gold price sinks on traders' optimism as strong US Dollar erodes safe-haven demand
Gold price sinks on traders' optimism as strong US Dollar erodes safe-haven demand
Gold price tanked close to $70, or 2%, on Thursday as risk appetite improved during the North American session. Trade tensions between the United States (US) and its counterparts eased, keeping investors optimistic for the remainder of the week. At the time of writing, XAU/USD trades at $3,226.
Technical Analysis
XAUUSD
SEO
Gold
Fundamental Analysis
EUR/JPY Price Analysis: Euro climbs toward session highs with bullish trend intact
EUR/JPY Price Analysis: Euro climbs toward session highs with bullish trend intact
The EUR/JPY pair extended its rally on Thursday, pushing toward the 164.00 zone after a strong advance during the European session. The pair sits near the top of the day’s range as it enters the Asian session, reflecting sustained demand despite a flattening in momentum indicators.
Crosses
Technical Analysis
Currencies
EURJPY
Bullish
USDCAD back above 100/200 hour MAs as sellers fail on the break lower
USDCAD back above 100/200 hour MAs as sellers fail on the break lower
The USDCAD fell to a new low yesterday but failed
Dow Jones rallies as Microsoft, Meta earnings outshine gloomy US outlook
Dow Jones rallies as Microsoft, Meta earnings outshine gloomy US outlook
The Dow Jones Industrial Average (DJIA) rallied over 100 points, or 0.24%, on Thursday after big tech companies posted strong earnings reports, ignoring surveys that underscored the ongoing economic slowdown in the United States.
Technical Analysis
DowJones
Equities
PMI
EUR/GBP Price Analysis: Euro holds bullish tone while drifting near 0.8500
EUR/GBP Price Analysis: Euro holds bullish tone while drifting near 0.8500
The EUR/GBP pair saw slight weakness on Thursday, trading near the 0.8500 zone after the European session. Despite today’s marginal drop, the overall structure remains supportive of a bullish bias, backed by a firm base of longer-term moving averages.
Crosses
Technical Analysis
Currencies
EURGBP
Bullish
GBP/USD slips below 1.33 as US and UK manufacturing activity slumps
GBP/USD slips below 1.33 as US and UK manufacturing activity slumps
The Pound Sterling (GBP) edges lower against the US Dollar (USD) on Thursday, with most European markets closed during Labor Day. The release of manufacturing activity data on both sides of the Atlantic and United States (US) trade policies continued to drive the financial markets.
Technical Analysis
Currencies
Majors
Macroeconomics
GBPUSD
EURJPY tests major ceiling at 164.07–164.17 as momentum builds
EURJPY tests major ceiling at 164.07–164.17 as momentum builds
Explore how EURJPY is testing a major ceiling at 164.17 with increasing momentum, fueled by USDJPY strength and positive market sentiments.
EUR/USD Price Analysis: Euro holds losses near 1.1300
EUR/USD Price Analysis: Euro holds losses near 1.1300
The EUR/USD pair is holding a bearish tone on Thursday, after retreating modestly following the European session. Price action is contained within a mid-range zone around the 1.1300 mark, reflecting a brief pause in upward momentum.
Technical Analysis
Currencies
EURUSD
Majors
USDCHF stretches higher toward key resistance targets
USDCHF stretches higher toward key resistance targets
Recent highs and the 38.2% of the April range at 0.83505 are now targeted.
CHF
USD
The EURUSD/GBPUSD has seen up and down trading. The USDJPY is in risk-on mode. What next?
The EURUSD/GBPUSD has seen up and down trading. The USDJPY is in risk-on mode. What next?
Risk-on sentiment pushes the USDJPY higher. What are the technicals in the EURUSD, GBPUSD and USDJPY telling traders to start the US trading session?
USD's safe haven appeal fades as trade war backfires – Rabobank
USD's safe haven appeal fades as trade war backfires – Rabobank
Uncertainty may be a prevailing theme of the Trump presidency, but over the past month a number of lessons have been learnt which will likely have an ongoing impact on both the behaviour of politicians as well as investors.
Technical Analysis
US Elections
EURUSD
Banks
DollarIndex
JPY pushes lower by dovish BoJ pulling back on tightening clarity – Scotiabank
JPY pushes lower by dovish BoJ pulling back on tightening clarity – Scotiabank
The Japanese Yen (JPY) is weak, down 0.9% against the US Dollar (USD) and underperforming all the G10 currencies in response to the BoJ’s latest policy meeting, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
BOJ
Japan
USDJPY
Banks
GBP quiet despite improvement in manufacturing PMI – Scotiabank
GBP quiet despite improvement in manufacturing PMI – Scotiabank
The Pound Sterling (GBP) is entering Thursday’s NA session flat against the US Dollar (USD), outperforming all the G10 currencies with the exception of Euro (EUR), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
GBPUSD
CAD slips modestly on firmer USD – Scotiabank
CAD slips modestly on firmer USD – Scotiabank
The Canadian Dollar (CAD) has slipped a little overnight after briefly probing sub-1.38 levels late yesterday. President Trump commented that PM Carney will visit Washington shortly and anticipated a 'great relationship' with Canada, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks
EUR recovers from sub-1.13 dip in quiet labour day trade – Scotiabank
EUR recovers from sub-1.13 dip in quiet labour day trade – Scotiabank
Euro (EUR) is entering Thursday’s NA session unchanged from Wednesday’s close, finding modest support following a short-lived dip below 1.1300, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
EURUSD
Banks
USD improves on stock rebound, trade hopes – Scotiabank
USD improves on stock rebound, trade hopes – Scotiabank
It feels like a fairly 'normal' day is unfolding across markets for once. US stock futures are higher on the back of solid earnings data from the tech sector while hopes for progress on trade are also supporting sentiment, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Fed
Banks
DollarIndex
USD: US economy contracts ahead of nonfarm payrolls report – MUFG
USD: US economy contracts ahead of nonfarm payrolls report – MUFG
The US dollar has continued to rebound ahead of tomorrow’s nonfarm payrolls report for April. It has resulted in the dollar index rising back above the 100.00-level overnight although US dollar gains are mainly against the yen.
Technical Analysis
NFP
USDJPY
Banks
DollarIndex
JPY: BoJ expresses more caution over delivering further rate hikes – MUFG
JPY: BoJ expresses more caution over delivering further rate hikes – MUFG
The yen has weakened overnight following the BoJ’s latest policy meeting. It has helped to lift USD/JPY back above 144.50 as the pair moves further above the low of 139.89 set on 22nd April.
Technical Analysis
BOJ
Japan
USDJPY
Banks
USD/JPY rises post-BoJ – Société Générale
USD/JPY rises post-BoJ – Société Générale
USD/JPY pushed higher after the Bank of Japan held policy steady and delivered a dovish message, but we continue to expect gradual JPY appreciation as safe haven demand and domestic inflows persist despite near-term positioning risks, Société Générale's FX analysts note.
Technical Analysis
USDJPY
Banks
Silver Price Forecast: XAG/USD moves below $32.50 near 50-day EMA
Silver Price Forecast: XAG/USD moves below $32.50 near 50-day EMA
Silver price (XAG/USD) is extending its losses for the third successive session, trading around $32.30 per troy ounce during the European session on Thursday.
Technical Analysis
Silver
Metals
Commodities
XAGUSD
EUR/JPY Price Analysis: Bulls flirt with trading range hurdle, around mid-163.00s on dovish BoJ
EUR/JPY Price Analysis: Bulls flirt with trading range hurdle, around mid-163.00s on dovish BoJ
The EUR/JPY cross catches aggressive bids on Thursday and rallies to a fresh weekly high, around the mid-163.00s during the first half of the European session amid the dovish Bank of Japan (BoJ)-inspired selling around the Japanese Yen (JPY).
Crosses
Technical Analysis
Currencies
BOJ
EURJPY
USD/JPY breaks 144 after dovish BoJ cuts forecasts – ING
USD/JPY breaks 144 after dovish BoJ cuts forecasts – ING
USD/JPY climbed above 144 as a dovish Bank of Japan cut its growth and inflation forecasts, amplifying downside risks and sending JGB yields lower, while the broader risk environment continued to weigh on the US Dollar, ING's FX analyst Chris Turner notes.
Technical Analysis
BOJ
Japan
USDJPY
Banks
USD: April ISM poses the downside risk – ING
USD: April ISM poses the downside risk – ING
Whether it has been the approach of public holidays or some real improvement in the global geopolitical environment, cross-market measures of financial volatility continue to fall.
Technical Analysis
Fed
Banks
DollarIndex
EUR: We may see 1.1250 after all – ING
EUR: We may see 1.1250 after all – ING
A week ago, we were thinking that EUR/USD could retrace to the 1.1250 area, and it's taken some time, but we may get there after all, ING's FX analyst Chris Turner notes.
Technical Analysis
EURUSD
Banks