Forex News & Analysis

NZD/USD bulls remain on the defensive near 0.5700; focus remains on US CPI report

By Fxstreet

NZD/USD bulls remain on the defensive near 0.5700; focus remains on US CPI report

The NZD/USD pair struggles to capitalize on the overnight bounce from a multi-day low, around the 0.5680-0.5675 region and attracts fresh sellers on Wednesday amid a modest US Dollar (USD) uptick.

NZDUSD

TradeWar

Fed

Inflation

Currencies

Commento

What is the distribution of forecasts for the US CPI?

News Discussion Forum

By Forex Live

What is the distribution of forecasts for the US CPI?

Knowing the range of expectations is important, but the distribution of forecasts is another key input in the market's reaction

market overview

Commento

BoC Governor Macklem: Our estimate of neutral is centred on 2.75%

News Discussion Forum

By Fxstreet

BoC Governor Macklem: Our estimate of neutral is centred on 2.75%

All eyes are on the Bank of Canada (BoC) this Wednesday, with market consensus expecting another rate cut—the seventh in a row.

BOC

USDCAD

CentralBanks

SEO

Canada

Commento

Former N26 Marketing Director Joins Mintos to Help Expand 500K Client Base

News Discussion Forum

By Finance Magnates

Former N26 Marketing Director Joins Mintos to Help Expand 500K Client Base

The Berlin-based investment platform Mintos has appointed former N26 marketing director Kertu-Liina Lehismäe as its new Chief Marketing Officer, the company announced today (Wednesday).

Mintos

N26

Commento

News Discussion Forum

By Fxstreet

USD: Room to rebound – ING

Global risk sentiment continued to sour yesterday as President Trump announced he’d double tariffs on Canadian steel and aluminum to 50%, and later pulled the threat as Ontario suspended a 25% surcharge on electricity exports.

DollarIndex

Technical Analysis

Banks

Commento

EUR/USD: More likely to consolidate in a 1.0870/1.0950 range – UOB Group

News Discussion Forum

By Fxstreet

EUR/USD: More likely to consolidate in a 1.0870/1.0950 range – UOB Group

Further sustained rise in Euro (EUR) vs US Dollar (USD) seems unlikely; it is more likely to consolidate in a 1.0870/1.0950 range.

EURUSD

Technical Analysis

Banks

Commento

WTI advances to near $66.50, upside seems limited due to rising US growth concerns

News Discussion Forum

By Fxstreet

WTI advances to near $66.50, upside seems limited due to rising US growth concerns

West Texas Intermediate (WTI) Oil price gains ground for the second successive day, trading $66.40 during the European hours on Wednesday.

Oil

WTI

Macroeconomics

Commodities

Majors

Commento

Trading Tech Firm 4OTC Lands Key CME Executive for Banking Strategy Expansion

News Discussion Forum

By Finance Magnates

Trading Tech Firm 4OTC Lands Key CME Executive for Banking Strategy Expansion

FinTech connectivity provider 4OTC has appointed Kyle Jannece as Head of Business Development. In this role, Jannece will lead the company's efforts to work with banks in both cryptocurrency and FX markets.

4otc

executive move

Commento

Crude oil price today: WTI price bullish at European opening

News Discussion Forum

By Fxstreet

Crude oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session.

Oil

WTI

Commodities

Bullish

Commento

USDJPY Technical Analysis – Focus on the US CPI

News Discussion Forum

By Forex Live

USDJPY Technical Analysis – Focus on the US CPI

The USDJPY pair is testing a key level ahead of the US CPI release. What’s next?

JPY

USD

Commento

News Discussion Forum

By Fxstreet

EUR: Still rather expensive – ING

EUR/USD received some extra support yesterday from the news that Ukraine agreed to a 30-day truce with Russia, but has retreated from the 1.095 highs to just under 1.090 as the dollar started to recover and the EU announced €26bn worth of retaliatory tariffs against the US.

EURUSD

Technical Analysis

Banks

Commento

European indices look for a bounce at the open today

News Discussion Forum

By Forex Live

European indices look for a bounce at the open today

The risk mood is holding up for now but all eyes are on the US CPI report later to settle the score

Stocks

Commento

Pound Sterling refreshes four-month high against US Dollar on soft US Inflation report

News Discussion Forum

By Fxstreet

Pound Sterling refreshes four-month high against US Dollar on soft US Inflation report

The Pound Sterling (GBP) posts a fresh four-month high at 1.2980 against the US Dollar (USD) in Wednesday’s North American session.

GBPUSD

Fed

BOE

Inflation

SEO

Commento

EUR/GBP holds losses near 0.8450 due to cautious tone surrounding the BoE policy outlook

News Discussion Forum

By Fxstreet

EUR/GBP holds losses near 0.8450 due to cautious tone surrounding the BoE policy outlook

EUR/GBP halts its seven-day winning streak, trading around 0.8430 during the European hours on Wednesday.

EURGBP

Crosses

Macroeconomics

Eurozone

UnitedKingdom

Commento

Japan’s Hayashi: I would like to have close communication with the US over auto tariffs

News Discussion Forum

By Fxstreet

Japan’s Hayashi: I would like to have close communication with the US over auto tariffs

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi noted on Wednesday that “I would like to have close communication with the US over auto tariffs.” Additional quotes It's regrettable that the US went ahead with steel and aluminum tariff despite our request for exemption.

Japan

USDJPY

TradeWar

UnitedStates

Commento

Heads up: We'll have a bunch of ECB speakers coming up

News Discussion Forum

By Forex Live

Heads up: We'll have a bunch of ECB speakers coming up

ECB policymakers are attending the 'ECB and Its Watchers' event in Frankfurt today

ECB

Commento

News Discussion Forum

By Forex Live

What are the main events for today?

The US CPI and the BoC Rate Decision are the main highlight

market overview

Commento

Forex Today: Markets take a break from tariff headlines, focus on BoC and US inflation

News Discussion Forum

By Fxstreet

Forex Today: Markets take a break from tariff headlines, focus on BoC and US inflation

Here is what you need to know on Wednesday, March 12: Following a volatile American session that was dominated by tariff headlines on Tuesday, financial markets quiet down early Wednesday.

Majors

Currencies

Macroeconomics

Inflation

Commodities

Commento

Eurostoxx futures +0.4% in early European trading

News Discussion Forum

By Forex Live

Eurostoxx futures +0.4% in early European trading

A slight bounce slated for the open after the late recovery in Wall Street

Stocks

Commento

Why Is XRP Price Going Up Today? Trump Influences Crypto Again, XRP Rises 8%

News Discussion Forum

By Finance Magnates

Why Is XRP Price Going Up Today? Trump Influences Crypto Again, XRP Rises 8%

XRP News: Discover why XRP price is rising today, March 12, 2025. From regulatory wins and Trump’s trade war shift to Lummis’ BITCOIN Act, explore the key reasons behind XRP’s 8% surge.

XRP News

XRP

ripple. xrp

Commento

US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed

News Discussion Forum

By Fxstreet

US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers to near 103.55 after bouncing off four-month lows around 103.20.

DollarIndex

Technical Analysis

Commento

BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices

News Discussion Forum

By Fxstreet

BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices

The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.” Additional quotes Underlying inflation still remains below 2%.

BOJ

CentralBanks

InterestRate

USDJPY

Commento

FX option expiries for 12 March 10am New York cut

News Discussion Forum

By Forex Live

FX option expiries for 12 March 10am New York cut

A look at what is on the board for today

USD

Commento

UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.

News Discussion Forum

By Fxstreet

UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.

UK Trade Minister Jonathan Reynolds said on Wednesday that they are “negotiating a wider economic agreement to eliminate additional tariffs.” Further comments It's disappointing that the US has imposed global tariffs on steel and aluminum.

UnitedKingdom

TradeWar

UnitedStates

GBPUSD

Commento

X Open Hub Releases eBook to Guide Brokers into the New Era

News Discussion Forum

By Finance Magnates

X Open Hub Releases eBook to Guide Brokers into the New Era

‘Navigating 2025: Smart Brokerage Strategies for a Volatile Market’ is an invaluable resource for brokers in light of looming liquidity shortages.

X Open Hub

Commento

EC President von der Leyen: EU responds with countermeasures to US tariffs on steel

News Discussion Forum

By Fxstreet

EC President von der Leyen: EU responds with countermeasures to US tariffs on steel

European Commission President Ursula von der Leyen said on Wednesday that the European Union (EU) has launched 'swift and proportionate countermeasures' on US imports in the EU in response to steel tariffs.

Eurozone

TradeWar

EURUSD

RiskAversion

Commento

Little on the agenda today as the focus is on the US CPI report

News Discussion Forum

By Forex Live

Little on the agenda today as the focus is on the US CPI report

No major releases coming up in European morning trade

economic calendar

Commento

USD/CHF strengthens to near 0.8850 ahead of US CPI inflation release

News Discussion Forum

By Fxstreet

USD/CHF strengthens to near 0.8850 ahead of US CPI inflation release

The USD/CHF pair trades in positive territory for the third consecutive day near 0.8840 during the early European session on Wednesday.

USDCHF

Majors

Macroeconomics

Commento

EU says to respond to US steel, aluminum tariffs with countermeasures

News Discussion Forum

By Forex Live

EU says to respond to US steel, aluminum tariffs with countermeasures

The counter tariffs applied will try and match the €26 billion worth of tariffs by the US, starting from next month

Politics

Commento

FCA to Abandon Public Interest Test under “Name and Shame” Plans

News Discussion Forum

By Finance Magnates

FCA to Abandon Public Interest Test under “Name and Shame” Plans

The British financial market regulator is about to announce its decision to scrap most of its controversial plan to “name and shame” more UK companies under investigation amid criticism from the pu...

Financial Conduct Authority

united-kingdom

Commento

USD/MXN Price Forecast: Seems vulnerable while below 100-day SMA; US CPI awaited

News Discussion Forum

By Fxstreet

USD/MXN Price Forecast: Seems vulnerable while below 100-day SMA; US CPI awaited

The USD/MXN pair struggles for a firm intraday direction on Wednesday and oscillates in a narrow trading band, around the 20.2790-20.2795 region through the Asian session.

USDMXN

Technical Analysis

Fed

Inflation

Currencies

Commento

EUR/JPY climbs above 161.50 amid a slight uptick in global risk sentiment

News Discussion Forum

By Fxstreet

EUR/JPY climbs above 161.50 amid a slight uptick in global risk sentiment

EUR/JPY continues its upward momentum for the second consecutive day, trading around 161.60 during Wednesday’s Asian session.

EURJPY

Crosses

Macroeconomics

Japan

Eurozone

Commento

UK trade minister says negotiating with the US to eliminate additional tariffs

News Discussion Forum

By Forex Live

UK trade minister says negotiating with the US to eliminate additional tariffs

Remarks by UK trade minister, Jonathan Reynolds

GBP

Commento

Gold price remains confined in a range near weekly top ahead of US inflation data

News Discussion Forum

By Fxstreet

Gold price remains confined in a range near weekly top ahead of US inflation data

Gold price (XAU/USD) trades near the weekly high during the Asian session on Wednesday and looks to build on the previous day's goodish rebound from the $2,880 region, or a one-week low.

Gold

Commodities

TradeWar

SEO

CPI

Commento