Current news is English only but we will be adding multilingual news - check back soon.
EUR/USD: Likely to rally further – UOB Group
EUR/USD: Likely to rally further – UOB Group
by Fxstreet
EUR/USD: Likely to rally further – UOB Group
A break above 1.1275 could trigger further rally; the levels to monitor are 1.1350 and 1.1400. In the longer run, Euro (EUR) is likely to rally further; the levels to monitor are 1.1400 and 1.1450, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
EURUSD
Banks
EUR: 1.15 not unreasonable for a near-term target – ING
EUR: 1.15 not unreasonable for a near-term target – ING
by Fxstreet
EUR: 1.15 not unreasonable for a near-term target – ING
The Euro (USD) remains a key recipient of US Dollar (USD) outflows, and is currently trading around 1.125 after major overnight swings that saw it trade as high as 1.138.
Technical Analysis
EURUSD
Banks
Gold Technical Analysis – The stock market bounce set gold free
Gold Technical Analysis – The stock market bounce set gold free
by Forex Live
Gold Technical Analysis – The stock market bounce set gold free
As the pressure from the stock market selloff waned, gold got finally the green light to push into new all-time highs. What’s next?
US Dollar Index Price Forecast: Hovers near descending channel’s lower boundary at 100.50
US Dollar Index Price Forecast: Hovers near descending channel’s lower boundary at 100.50
by Fxstreet
US Dollar Index Price Forecast: Hovers near descending channel’s lower boundary at 100.50
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, continues its decline for the second consecutive session, hovering around 100.40 during Friday’s Asian trading hours.
Technical Analysis
Majors
DollarIndex
USD/CAD Price Forecast: Outlook remains bearish below 1.4000
USD/CAD Price Forecast: Outlook remains bearish below 1.4000
by Fxstreet
USD/CAD Price Forecast: Outlook remains bearish below 1.4000
The USD/CAD pair remains weak near 1.3965 during the early European session on Friday. The Greenback edges lower against the Canadian Dollar (CAD) amid persistent concerns over the global and US economies.
USDCAD
Technical Analysis
Majors
FX option expiries for 11 April 10am New York cut
FX option expiries for 11 April 10am New York cut
by Forex Live
FX option expiries for 11 April 10am New York cut
A look at what is on the board for today
AUD/JPY Price Analysis: Bearish momentum continues as pair trades near 90.00 zone ahead of Asia
AUD/JPY Price Analysis: Bearish momentum continues as pair trades near 90.00 zone ahead of Asia
by Fxstreet
AUD/JPY Price Analysis: Bearish momentum continues as pair trades near 90.00 zone ahead of Asia
The AUD/JPY pair extended its downside during Thursday’s session, retreating toward the 90.00 area as bearish sentiment continues to weigh on the pair. Price action is unfolding within a range defined by 88.914 and 91.110, with sellers maintaining control as the session heads into Asia.
Crosses
Technical Analysis
Currencies
AUDJPY
NZD/USD Price Analysis: Kiwi trades near 0.5700 as short-term bullish bias builds momentum
NZD/USD Price Analysis: Kiwi trades near 0.5700 as short-term bullish bias builds momentum
by Fxstreet
NZD/USD Price Analysis: Kiwi trades near 0.5700 as short-term bullish bias builds momentum
The NZD/USD pair extended its upside momentum during Thursday’s session, climbing toward the 0.5700 area after posting notable intraday gains. The pair remains comfortably positioned within its daily range of 0.56282 to 0.57656, reflecting growing bullish sentiment in the short term.
Technical Analysis
Currencies
Majors
NZDUSD
Bullish
Crude oil futures settle at $60.07
Crude oil futures settle at $60.07
by Forex Live
Crude oil futures settle at $60.07
Down $2.28 or 3.66%
GBPUSD extends to new highs and toward upside targets
GBPUSD extends to new highs and toward upside targets
by Forex Live
GBPUSD extends to new highs and toward upside targets
GBPUSD has resistance at 1.2988 and above that at 1.30139
US Dollar weak as markets digest trade war developments
US Dollar weak as markets digest trade war developments
by Fxstreet
US Dollar weak as markets digest trade war developments
The US Dollar Index (DXY) trades near the 101 area in Thursday’s session, falling further after failing to hold recovery momentum from earlier in the week. The move comes as new tariff measures confirmed by the White House send the effective rate on Chinese imports to a staggering 145%.
Technical Analysis
Currencies
TradeWar
SEO
DollarIndex
USDJPY bounces off the low from yesterday
USDJPY bounces off the low from yesterday
by Forex Live
USDJPY bounces off the low from yesterday
The price bounced near 144.00
EURUSD now looks toward 2023 high
EURUSD now looks toward 2023 high
by Forex Live
EURUSD now looks toward 2023 high
The 61.8% of the move down from the 2020 high is being approached at 1.12709 along with the 2023 high near the same level
EUR/USD Price Analysis: Euro surges near 2025 highs as bullish structure strengthens
EUR/USD Price Analysis: Euro surges near 2025 highs as bullish structure strengthens
by Fxstreet
EUR/USD Price Analysis: Euro surges near 2025 highs as bullish structure strengthens
The EUR/USD pair extended its rally on Thursday’s session after the European close, pushing toward the 1.1200 area and posting one of its strongest daily gains in recent months.
Technical Analysis
Currencies
EURUSD
Majors
Bullish
The US stocks move to new lows. NASDAQ tests its 50 hour moving average
The US stocks move to new lows. NASDAQ tests its 50 hour moving average
by Forex Live
The US stocks move to new lows. NASDAQ tests its 50 hour moving average
. The NASDAQ run above the 100-hour moving average stalled ahead of swing area resistance
USDCHF moves to new lows going back to 2011
USDCHF moves to new lows going back to 2011
by Forex Live
USDCHF moves to new lows going back to 2011
The low for the year is broken at 0.83316
AUDUSD rebounds off support and eyes key upside targets
AUDUSD rebounds off support and eyes key upside targets
by Forex Live
AUDUSD rebounds off support and eyes key upside targets
Swing support holds at 0.61608–0.61779; 100-bar MA and Fib resistance now in focus
USDCAD pressured lower as sellers stay in control below key MAs. Low for the year is eyed.
USDCAD pressured lower as sellers stay in control below key MAs. Low for the year is eyed.
by Forex Live
USDCAD pressured lower as sellers stay in control below key MAs. Low for the year is eyed.
Break below 50% retracement opens path toward major support at 200-day MA
CAD holds range but USD undertone is softening – Scotiabank
CAD holds range but USD undertone is softening – Scotiabank
by Fxstreet
CAD holds range but USD undertone is softening – Scotiabank
There was a little confusion around the temporary roll-back of US tariffs yesterday.
Technical Analysis
Canada
BOC
USDCAD
Banks
USD moves lower after tamer CPI data. What are the technicals saying.
USD moves lower after tamer CPI data. What are the technicals saying.
by Forex Live
USD moves lower after tamer CPI data. What are the technicals saying.
USD dips after tamer CPI data, EURUSD eyes next resistance level, USDJPY holds above key support, GBPUSD remains rangebound in consolidation phase.
USD softer as there are still major challenges – Scotiabank
USD softer as there are still major challenges – Scotiabank
by Fxstreet
USD softer as there are still major challenges – Scotiabank
So the US paused reciprocal tariff action for 90 days on non-retaliating countries but maintained a base line 10% tariff just hours after imposing aggressive levies on its major trading partners. China gets whacked with 125% tariffs though, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
US Elections
Fed
Banks
DollarIndex
JPY outperforms as risk sentiment sours – Scotiabank
JPY outperforms as risk sentiment sours – Scotiabank
by Fxstreet
JPY outperforms as risk sentiment sours – Scotiabank
Japanese Yen JPY is outperforming nearly all the G10 currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
BOJ
Japan
USDJPY
Banks
GBP firmer as markets pare bets for BoE easing – Scotiabank
GBP firmer as markets pare bets for BoE easing – Scotiabank
by Fxstreet
GBP firmer as markets pare bets for BoE easing – Scotiabank
Pound Sterling (GBP) is up about 0.6% vs. the USD and a mid-performer among its G10 peers, climbing back into the 1.29-1.30 congestion range that had prevailed ahead of last week’s tariff turbulence, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Banks
Technical Analysis
EUR well supported on US tariff relief – Scotiabank
EUR well supported on US tariff relief – Scotiabank
by Fxstreet
EUR well supported on US tariff relief – Scotiabank
Euro (EUR) is entering Thursday’s NA session with an impressive 1.1% gain, climbing back toward the upper end of its one-week range and threatening a break to levels last seen in October.
Technical Analysis
EURUSD
Banks
USDJPY stuck in volatile range as risk sentiment whipsaws markets
USDJPY stuck in volatile range as risk sentiment whipsaws markets
by Forex Live
USDJPY stuck in volatile range as risk sentiment whipsaws markets
Tariff news and falling yields weigh on pair; sellers stay in control below key moving averages
EURUSD retraces higher to yesterday's high
EURUSD retraces higher to yesterday's high
by Forex Live
EURUSD retraces higher to yesterday's high
EURUSD retraced higher in a volatile session, testing key moving averages. Traders eyeing 1.1106 level for next move, with potential rotation back towards 100/200 hour MA if sellers prevail.
USD/JPY spikes, then retreats – OCBC
USD/JPY spikes, then retreats – OCBC
by Fxstreet
USD/JPY spikes, then retreats – OCBC
USD/JPY jumped sharply to 148.27 overnight as safe haven trades unwind after Trump announced a 90-day tariff pause. We had cautioned for the risk of a short squeeze in our report yesterday. Pair was last at 145.78 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Technical Analysis
BOJ
USDJPY
Banks
EUR/NOK fails to hold breakout – Societe Generale
EUR/NOK fails to hold breakout – Societe Generale
by Fxstreet
EUR/NOK fails to hold breakout – Societe Generale
EUR/NOK's recent breakout attempt above 12.05 was short-lived, as strong resistance pushed the pair back into its consolidation range. Key support at 11.68 now becomes critical for the near-term outlook, Societe Generale's FX analysts report.
Technical Analysis
EURNOK
Banks
USDNOK
AUD/USD: Tariff relief for 90 days – OCBC
AUD/USD: Tariff relief for 90 days – OCBC
by Fxstreet
AUD/USD: Tariff relief for 90 days – OCBC
Australian Dollar (AUD) rebounded 4% from its lows overnight after Trump pauses tariffs on most nations for 90 days. Pair was last at 0.6170 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Technical Analysis
Banks
AUDUSD
USD/JPY: Downward momentum is beginning to ease – UOB Group
USD/JPY: Downward momentum is beginning to ease – UOB Group
by Fxstreet
USD/JPY: Downward momentum is beginning to ease – UOB Group
After the sharp swings, the outlook is unclear; US Dollar (USD) could trade in a range of 145.40/148.50 vs Japanese Yen (JPY).
Technical Analysis
USDJPY
Banks
USD/CNH: 2-way trades for the time being – OCBC
USD/CNH: 2-way trades for the time being – OCBC
by Fxstreet
USD/CNH: 2-way trades for the time being – OCBC
Despite Trump raising tariffs on China to 125% overnight, USD/CNH fell as broader sentiment improved. Trump unexpectedly paused higher tariffs on 56 nations (excluding China) for 90 days.
Technical Analysis
China
USDCNH
Banks
NZD/USD: Weakness in NZD has stabilised – UOB Group
NZD/USD: Weakness in NZD has stabilised – UOB Group
by Fxstreet
NZD/USD: Weakness in NZD has stabilised – UOB Group
New Zealand Dollar (NZD) could test 0.5695 vs US Dollar (USD) before the risk of a pullback increases. In the longer run, weakness in NZD has stabilised; it is likely to consolidate between 0.5540 and 0.5760 for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
Banks
NZDUSD
GBP: Gilt baggage – ING
GBP: Gilt baggage – ING
by Fxstreet
GBP: Gilt baggage – ING
EUR/GBP briefly traded to 0.8650 yesterday – a move which seems to coincide with the sell-off in UK gilts. That UK gilts even underperformed US Treasuries is quite remarkable and probably very unnerving for the UK's Debt Management Office, ING’s FX analyst Chris Turner notes.
Technical Analysis
EURGBP
Banks
GBPUSD
China mulls tariff response to US hike – ING
China mulls tariff response to US hike – ING
by Fxstreet
China mulls tariff response to US hike – ING
Markets are watching closely as China weighs a response to the latest US tariff hike. With limited trade impact, the focus shifts to potential currency movements and consumer strain, ING’s FX analyst Chris Turner notes.
Technical Analysis
China
USDCNH
Banks
AUD/USD seems to have enough momentum to test 0.6195 – UOB Group
AUD/USD seems to have enough momentum to test 0.6195 – UOB Group
by Fxstreet
AUD/USD seems to have enough momentum to test 0.6195 – UOB Group
Sharp rally in Australian Dollar (AUD) seems to have enough momentum to test 0.6195 before leveling off. In the longer run, for the time being, AUD is expected to trade in a 0.6000/0.6290 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
Banks
AUDUSD
USD: Damage has been done – ING
USD: Damage has been done – ING
by Fxstreet
USD: Damage has been done – ING
The clean take-away from the pause in the worst of the tariffs was a re-assessment of global trade prospects on the view that perhaps tariffs were more transactional after all, and US equity losses are indeed proving a brake on the President's desires to rewire the global trading systems, ING’s FX a
Technical Analysis
Banks
DollarIndex
GBP/USD: Still trading in a range – UOB Group
GBP/USD: Still trading in a range – UOB Group
by Fxstreet
GBP/USD: Still trading in a range – UOB Group
Pound Sterling (GBP) is still trading in a range vs US Dollar (USD), expected to be between 1.2750 and 1.2870. In the longer run, GBP could decline further; it is unclear if it can reach the next major support at 1.2580, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
Banks
GBPUSD
EUR/CHF falls below 0.93 amid market turmoil – ING
EUR/CHF falls below 0.93 amid market turmoil – ING
by Fxstreet
EUR/CHF falls below 0.93 amid market turmoil – ING
Elsewhere, the Norwegian krone is having a good rally today, ING’s FX analyst Chris Turner notes.
Technical Analysis
EURCHF
USDCHF
Banks
Silver Price Forecast: XAG/USD retreats from weekly top, back below $31.00 ahead of US CPI
Silver Price Forecast: XAG/USD retreats from weekly top, back below $31.00 ahead of US CPI
by Fxstreet
Silver Price Forecast: XAG/USD retreats from weekly top, back below $31.00 ahead of US CPI
Silver (XAG/USD) struggles to capitalize on its modest intraday uptick and retreats slightly after touching a fresh weekly high, around the $31.30 region during the early European session on Thursday.
Silver
Commodities
Technical Analysis
XAGUSD
CPI
EUR/USD: Further decline is unlikely to reach 1.0850 – UOB Group
EUR/USD: Further decline is unlikely to reach 1.0850 – UOB Group
by Fxstreet
EUR/USD: Further decline is unlikely to reach 1.0850 – UOB Group
Sharp decline in Euro (EUR) vs US Dollar (USD) has room to test 1.0895 before stabilisation is likely; any further decline is unlikely to reach 1.0850.
Technical Analysis
EURUSD
Banks