FX News Feed
FED’s Kashkari Keeping Rate Hike Hopes and the USD Up
Minneapolis FED President, Neel Kashkari has been quite vocal about further rate hikes in the last two days, helping keep the USD bullish Full Article
Durable Goods Orders Turn Positive in August
Durable goods orders showed a 0.2% increase in August, against -0.5% expected and July's -5.2% decline, which was revised to -5.6% Full Article
Will AUD/USD Break the Range After the Inflation Figures?
AUD/USD is not recovering despite the 3 point jump in Australian inflation to 5.2% in August Full Article
USD Doesn’t Blink As New Home Sales Dive Below 700K Again on Surging Rates
The housing sector is showing signs of weakness as interest rates remain at record levels, with odds pointing to one more hike Full Article
Forex Signals Brief September 27: First Round of US Data Misses
Yesterday the New Home Sales and the CB Consumer Confidence missed expectations, coming weaker, today we have the retail sales from the US Full Article
DXY Index Keeps Climbing As Long As US Consumer Keeps Spending
The USD index DXY continues to make gains as the US consumer continues to keep the economy afloat, but we'll see this week as the data is co Full Article
USD/JPY at 149 after No FX Intervention Comments by Japanese Officials
USD/JPY is looking at 150 after making massive gains in the last two months and the Bank of Japan is not intervening Full Article
Forex Signals Brief September 26: Consumer Confidence, Home Sales on the Agenda
The FED is looking at the US Conference Board consumer confidence and new home sales to see where the economy stands Full Article
EUR/USD Stabilizes Amidst ECB’s Policy Dilemma and Rising US Treasury Yields
During Tuesday's Asian trading window, the EUR/USD exhibited resilience, hovering around the 1.0590 mark, despite facing headwinds. Full Article
EUR/GBP Retreats on Dovish ECB Comments About Eurozone Economy
EUR/GBP has reversed from above 0.87 as the Euro resumes decline on softer economic indicators and dovish ECB comments Full Article
EUR/USD Maintaining Downtrend As Ifo Business Climate Remains Weak
EUR/USD should break below 1.06 this week with the business climate and inflation softening further in September Full Article
Long on USD/CAD As Daily Chart Points to a Bullish Reversal
USD/CAD has retreated 3 cents lower but it seems like the pullback might have come to an end and a bullish reversal is underway Full Article
USD/JPY Analysis: Monetary Divergence and Currency Interventions Drive Volatility
During Monday's Asian session, the USD/JPY pair achieved its loftiest levels since November 2022, though it remains hesitant to extend gains beyond the mid-148.00s range. Full Article
Commodity Currencies Feeling Good on Positive Signals from the Global Economy
The AUD, CAD and the NZD have been making gains in the last two weeks after global economic data has shown improvement Full Article
US Employment Remains Solid, Keeping the Economy Afloat and the FED Still Hawkish
This week we had another positive jobs reports from the US, which shows that this sector remains in good shape, keeping the economy afloat Full Article
USD/JPY Feeling Revived After the Bank of Japan Meeting
USD/JPY has made a U-turn today after the 100 pip decline yesterday as the Bank of Japan remain accommodative until inflation reaches 2% Full Article
GBP/USD Below 1.23 After BOE Holds Rated Steady
GBP/USD extends the decline after the BOE decided to hold interest rates at 5.25%, against expectations of a 25 bps hike Full Article
Forex Signals Brief September 22: Manufacturing and Services to Close A Volatile Week
This week's central bank meetings are over, but we have the manufacturing and services PMIs to be released still until the week closes Full Article
Remaining Long on the USD After Hawkish Pause by the FED
The FED kept rates unchanged yesterday but is looking to keep them higher-for-longer which is bullish for the USD Full Article
Important Bullish Break in USD/CHF After SNB Holds Rates Steady
USD/CHF has pushed above 0.90 as we ass the 200 daily SMA after the SNB meeting, which opens the door for further gains Full Article