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

USD/CNH: Likely to trade between 7.2430 and 7.3700 for now – UOB Group
Chance for US Dollar (USD) to dip below 7.2700; the major support at 7.2430 seems to be out of reach.
Technical Analysis
USDCNH
Banks

Hantec Markets UK Returns to Profit in 2024 as Equity Rises to £5.5 Million
Hantec Markets Limited, the UK subsidiary of the global forex and CFD broker, has returned to profitability for the financial year ended 31 Dec 2024.
hantec markets
Hantec Financial
retail FX
retail forex
retail brokers
retail

TRY: Keeping an eye on inflation expectations ahead of rate meeting – Commerzbank
The latest version of market inflation expectations, published on Friday by Turkey’s central bank (CBT) showed inflation expectation for end-2025 rising by 2pp from 28% to 30%. The margin is not insignificant.
Turkey
CBRT
Banks
USDTRY

ForexLive European FX news wrap: Dollar struggles continue as markets stay on edge
Forex news from the European morning session on Apr 14, 2025
Session wrap
Wrap Europe

USD/JPY: Likely to trade in a 142.30/144.30 range – UOB Group
US Dollar (USD) is likely to trade in a 142.30/144.30 range vs Japanese Yen (JPY). In the longer run, USD could continue to decline, but given the deeply oversold conditions, it remains to be seen if 139.55 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
USDJPY
Banks

Does the weakness of the USD make it easier for other central banks? – Commerzbank
In addition to the flight to safe havens, the prospect of a further normalisation of monetary policy by the Bank of Japan is also likely to have supported the yen recently. According to statements made by BoJ Chairman Kazuo Ueda this morning, however, the central bank is leaving all options open.
DollarIndex
Banks
Technical Analysis
CentralBanks

US Dollar continues to bleed on firming US economic risks
The US Dollar (USD) continues to face an intense selling pressure, with the US Dollar Index (DXY) sliding to near 99.50. The USD Index has extended its losing streak for the third trading day amid escalating trade war between the United States (US) and China.
China
TradeWar
Fed
EconomicHealth
DollarIndex

NZD/USD: The next major resistance at 0.5905 is likely out of reach for now – UOB Group
The next major resistance for NZD/USD at 0.5905 is likely out of reach for now. In the longer run, NZD is expected to strengthen; the level to watch is 0.5905, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
Banks
NZDUSD

US: Trump is backpadeling further – Commerzbank
And the backpedaling continues. In addition to the three-month tariff pause, the US government has now also expanded its list of goods exempt from reciprocal tariffs. This now includes all kinds of electronic goods.
TradeWar
UnitedStates
Politics
Banks
DollarIndex

EUR/CHF: Tests Key Support at 0.9210 – Société Générale
EUR/CHF is testing a critical support level at 0.9210 after losing the 200-DMA earlier this month. A sustained break lower could open the door to deeper declines towards 0.9155 and 0.9050/0.9025, while resistance looms near the 200-DMA at 0.9410/0.9430, Société Générale's FX analysts note.
Technical Analysis
EURCHF
Banks

CHF: How fast is too fast for the SNB? – Commerzbank
The Swiss franc benefited significantly from its safe-haven status after the announcement of the reciprocal US tariffs. However, the rapid appreciation is likely to be a thorn in the side of the SNB.
Technical Analysis
EURCHF
USDCHF
SNB
Banks

Gold rebounds sharply after early April dip – Société Générale
Gold staged a strong V-shaped recovery after an early April pullback, holding key support near $3135. Despite overbought signals, momentum remains intact, with eyes now on the next upside targets at $3290 and $3345/3370, Société Générale's FX analysts note.
Technical Analysis
XAUUSD
Metals
Gold
Banks

Silver Price Forecast: XAG/USD holds onto gains near $32.30 as US-China trade war intensifies
Siver price (XAG/USD) clings to Friday’s gains near $32.30 during European trading hours on Monday. The white metal exhibits strength as the US Dollar (USD) continues to dive amid the intensifying trade war between the United States (US) and China.
Silver
XAGUSD
Fed
DollarIndex
YieldCurve

OM My God: Mantra Crypto Tanks 90% as Insider Trading Allegations Fly
Mantra's OM token plummets 90% amid insider trading accusations, market manipulation concerns, and centralized exchange chaos. Who's to blame?
Mantra Network
crypto

Oil: Tariff relief vs Iranian talks – ING
The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets.
Oil
Energy
WTI
Commodities
Banks

Crude oil comes back to the key resistance zone. Another rejection or breakout ahead?
The reciprocal tariffs pause gave crude oil a boost as growth fears eased on expectations of more de-escalation.
Oil

AUD/USD: Chance to test the key resistance at 0.6390 – UOB Group
Further AUD strength is not ruled out, but any advance is likely part of a higher range of 0.6230/0.6330. In the longer run, AUD is likely to trade with an upward bias, potentially testing the key resistance at 0.6390, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks

Chinese Gold ETFs see record inflows – ING
Recent reports suggest that Chinese gold exchange-traded funds (ETF) inflows reached a fresh daily record late last week. Investors continue to rush towards the yellow metal amid intensifying trade tensions.
Gold
Metals
Commodities
XAUUSD
Banks

USD: Hard to sustain those levels of volatility – ING
Last week’s FX volatility reached crisis-like levels, sparking fears of deeper market stress. A breakdown in traditional correlations and talk of coordinated dollar devaluation suggest global investors are bracing for structural shifts in US policy, ING’s FX analyst Chris Turner notes.
Technical Analysis
EURUSD
Fed
Banks
DollarIndex

EUR/USD falls back as US Dollar rebounds, US stagflation risks remain intact
EUR/USD surrenders a majority of intraday gains and falls back from the high of 1.1400 to near 1.1330 in Monday’s North American session. The major currency pair struggles to reclaim the over-three-year high of 1.1474, which it posted on Friday.
Recession
ECB
EURUSD
Fed
SEO

GBP/USD: Outlook for GBP has shifted to positive – UOB Group
Pound Sterling (GBP) is likely to trade in a range vs US Dollar (USD), probably between 1.3000 and 1.3145. In the longer run, outlook for GBP has shifted to positive; the two technical levels to watch are 1.3210 and 1.3290, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Technical Analysis
Banks

GBP: Macro back in focus this week – ING
Sterling rallied against the dollar but sold off against the euro last week, ING’s FX analyst Chris Turner notes.
Technical Analysis
EURGBP
Banks
GBPUSD

EUR/USD: Rally may take a pause – UOB Group
Rally may take a pause; Euro (EUR) is likely to trade between 1.1240 and 1.1415 vs US Dollar (USD). In the longer run, further EUR strength is not ruled out, but it may first range-trade for a couple of days.
Technical Analysis
EURUSD
Banks

Markets consolidate ahead of Trump's update on semiconductor tariffs
It's been a boring session so far as markets are probably awaiting more info on semiconductor tariffs
market overview

Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data.
Silver
Commodities
Metals

EUR: Tracing out a new 1.12-1.15 EUR/USD range – ING
EUR/USD did some serious damage to the long-term charts last week and broke out of a bear trend which had roughly contained price action since 2008. 1.11/1.12 is now going to be important support, and presumably the buy-side (including both the private and public sectors) will now be EUR/USD buyers
Technical Analysis
EURUSD
Banks

NZD/USD Price Forecast: Hits fresh YTD top, bulls flirt with 200-day SMA near 0.5900
The NZD/USD pair is seen building on last week's solid recovery from the 0.5485 region, or its lowest level since March 2020, and gaining strong follow-through positive traction for the fourth successive day on Monday.
Technical Analysis
China
Currencies
Fed
NZDUSD

Bitcoin is testing a key trendline. Reversal or breakout ahead?
Bitcoin got a lift from the improving sentiment following Trump's pause in reciprocal tariffs and hopes for more de-escalation ahead
BTC

EUR/JPY moves sideways near 163.00, upside appears due to improved global risk mood
EUR/JPY experiences volatility during European hours on Monday, trading near the 163.00 mark. The Euro finds support as improved global risk sentiment boosts demand for risk-sensitive assets.
Crosses
Eurozone
Japan
EURJPY
Macroeconomics

Palladium price today: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Monday, according to FXStreet data.
Palladium
Platinum
Commodities

The bond market stays on edge in the new week
30-year Treasury yields are only little changed at 4.87% currently
Bonds

Risk of a significant global slowdown has increased considerably - German economy ministry
Remarks by the German economy ministry on US tariffs
EUR

Pound Sterling outperforms USD as US consumer sentiment deteriorates
The Pound Sterling (GBP) extends its winning streak for the fifth trading day against the US Dollar (USD) at the start of the week.
Fed
UnitedStates
SEO
BOE
GBPUSD

Key events for the week 14-18 April
We have a couple of tier one data points this week but the focus remains on tariff negotiations, particularly US-China developments.
market overview

USD/CAD Price Forecast: Falls toward 1.3800 after posting fresh six-month lows
The USD/CAD pair continues its losing streak for the fourth successive session, trading near 1.3840 during early European hours on Monday. Technical analysis on the daily chart indicates a prevailing bearish bias as the pair moves downward within the descending channel pattern.
Technical Analysis
USDCAD
Majors

What are the interest rates expectations for G8FX?
The aggressive rate cut bets continue to get scaled back as markets stabilise and the risk sentiment holds more positive
market overview

SNB total sight deposits w.e. 11 April CHF 446.9 bn vs CHF 443.7 bn prior
Latest data released by the SNB - 14 April 2025
CHF

Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $61.05 per barrel, down from Friday’s close at $61.13. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.28 after its previous daily close at $64.45.
Oil
WTI
Commodities

Finance Magnates Partners with Cyprus Diaspora Forum 2025
Finance Magnates partners with Cyprus Diaspora Forum 2025, connecting global Cypriots, promoting business growth, and supporting international opportunities
Cyprus Diaspora Forum

XTB Boosts Crypto CFDs Offerings for Institutions: Cuts Spreads by 60%
Polish brokerage giant XTB has strengthened its crypto contracts for differences (CFDs) offerings by reducing spreads by up to 60 per cent and increasing exposure limits from €1 million to €10 mill...