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  1. NZD/JPY Price Analysis: Bullish momentum strengthens, threatens 92.00
    • Breaking news

    NZD/JPY Price Analysis: Bullish momentum strengthens, threatens 92.00

    • Breaking news

    Wednesday's trading session witnessed sustained buying pressure in NZD/JPY, leading to a 0.45% increase to 91.65.

  2. RBNZ's Orr: Stable inflation is in sight, policy rate to remain restrictive
    • Breaking news

    RBNZ's Orr: Stable inflation is in sight, policy rate to remain restrictive

    • Breaking news

    Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr flagged the potential that the New Zealand central bank may be more "circumspect" when it comes to further rate cuts looking ahead after the RBNZ kicked off a rate cutting cycle this year.

  3. Australian Dollar declines due to renewed US Dollar buying
    • Breaking news

    Australian Dollar declines due to renewed US Dollar buying

    • Breaking news

    The AUD/USD pair declined by 0.97% to 0.6620 in Wednesday's session, driven by intensified US Dollar buying and concerns over China's stimulus measures.

  4. Forex Today: Markets' focus shifts to the release of flash PMIs
    • Breaking news

    Forex Today: Markets' focus shifts to the release of flash PMIs

    • Breaking news

    Further gains saw the Greenback retest the area of three-month tops, helped by a decent bounce in US yields across the curve, persistent uncertainty around the US election and markets' view of a more cautious Fed easing.

  5. USD/JPY Price Forecast: Clears key-technical levels, turns bullish above 152.00
    • Breaking news

    USD/JPY Price Forecast: Clears key-technical levels, turns bullish above 152.00

    • Breaking news

    The USD/JPY extended its gains sharply during Wednesday in the North American session, sponsored by the close positive correlation with the US 10-year T-note yield, while traders remain concerned about US elections.

  6. Canadian Dollar explores further downside following BoC rate cut
    • Breaking news

    Canadian Dollar explores further downside following BoC rate cut

    • Breaking news

    The Canadian Dollar (CAD) receded on Wednesday, backsliding another 0.2% against the US Dollar after the Bank of Canada (BoC) delivered a widely expected 50 bps rate cut.

  7. US Dollar marches higher, nears multi-month highs
    • Breaking news

    US Dollar marches higher, nears multi-month highs

    • Breaking news

    The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, rose near a three-month high as traders flocked to the US Dollar on Wednesday.The rally was driven by persistent global economic divergence, a more hawkish Federal Reserve (Fed), and upbeat US growth projections by the International Monetary Fund (IMF).

  8. Mexican Peso rebounds despite posting disappointing Retail Sales
    • Breaking news

    Mexican Peso rebounds despite posting disappointing Retail Sales

    • Breaking news

    The Mexican Peso stages a comeback against the US Dollar on Wednesday, after further data revealed the economy continues to underperform, which could push the Bank of Mexico (Banxico) to lower borrowing costs at the upcoming meeting.

  9. EUR/GBP Price Analysis: Buyers make a stride, outlook remains negative
    • Breaking news

    EUR/GBP Price Analysis: Buyers make a stride, outlook remains negative

    • Breaking news

    The EUR/GBP pair continues to consolidate its position, experiencing a mild uptick in Wednesday's session to 0.8330.

  10. BoC to quickly return to a more neutral policy stance - NBC
    • Breaking news

    BoC to quickly return to a more neutral policy stance - NBC

    • Breaking news

    There may have been some headline uncertainty going into this decision, but markets and economists were clearly leaning towards this outcome.

  11. GBP/USD Price Forecast: Dips below 100-day SMA, sellers target 1.2900
    • Breaking news

    GBP/USD Price Forecast: Dips below 100-day SMA, sellers target 1.2900

    • Breaking news

    The Pound Sterling extended its losses for the third straight day against the Greenback amid a scarce economic docket in the UK that will feature remarks of Bank of England (BoE) Governor Andrew Bailey.

  12. Lagarde speech: Need to be cautious in policy decisions
    • Breaking news

    Lagarde speech: Need to be cautious in policy decisions

    • Breaking news

    While speaking on the sidelines at the 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) on Wednesday, European Central Bank (ECB) President Christine Lagarde noted that they need to be cautious when asked about market expectations for further rate reductions.

  13. USD/CAD holds gains near 1.3850 as BoC cuts interest rates to 3.75%, as expected
    • Breaking news

    USD/CAD holds gains near 1.3850 as BoC cuts interest rates to 3.75%, as expected

    • Breaking news

    The USD/CAD pair remains firm near 1.3850 as the Bank of Canada (BoC) has reduced its key borrowing rates by 50 basis points (bps) to 3.75%.

  14. USD/JPY extends uptrend on political uncertainty whilst USD benefits from economic outlook
    • Breaking news

    USD/JPY extends uptrend on political uncertainty whilst USD benefits from economic outlook

    • Breaking news

    USD/JPY is rising as pre-election concerns the ruling LDP party could lose weakens the Yen.

  15. Silver Price Forecast: XAG/USD corrects below $34.50 as US Yields surge
    • Breaking news

    Silver Price Forecast: XAG/USD corrects below $34.50 as US Yields surge

    • Breaking news

    Silver price (XAG/USD) corrects sharply below $34.50 in Wednesday's New York session after registering a fresh more than 12-year high slightly below $35.00 on Tuesday.

  16. EUR/GBP Price Forecast: Reaches major support level at historic lows
    • Breaking news

    EUR/GBP Price Forecast: Reaches major support level at historic lows

    • Breaking news

    EUR/GBP has fallen to a key support line at the level of the October 1 and 18 lows, in a zone between 0.8295 - 0.8310.

  17. USD/CHF Price Prediction: Extends uptrend towards 100-day SMA
    • Breaking news

    USD/CHF Price Prediction: Extends uptrend towards 100-day SMA

    • Breaking news

    USD/CHF extends its uptrend from the late September lows and approaches resistance at the 100-day Simple Moving Average (SMA), currently situated at 0.8697.

  18. GBP/USD: Needs a firmer close to improve - Scotiabank
    • Breaking news

    GBP/USD: Needs a firmer close to improve - Scotiabank

    • Breaking news

    The Pound Sterling (GBP) is holding up relatively well against the stronger USD, trading little changed on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.

  19. GBP/JPY rises over 1.0% as political instability weighs on the Yen
    • Breaking news

    GBP/JPY rises over 1.0% as political instability weighs on the Yen

    • Breaking news

    The GBP/JPY is trading over 1.0% higher on Wednesday in the 198.30s.

  20. EUR/USD: Looks technically oversold on the charts - Scotiabank
    • Breaking news

    EUR/USD: Looks technically oversold on the charts - Scotiabank

    • Breaking news

    The Euro (EUR) looks quite soft below 1.08, pressured by broader USD gains on the one hand and simmering speculation that the ECB could cut rates aggressively in December, Scotiabank's Chief FX Strategist Shaun Osborne notes.


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