Forex

Forex Today: Canadian Dollar Hitting 9-Month High As CPI Data Awaits - 27 June 2023

USD/CAD Trading at Long-Term Low Ahead of Inflation Release; Tech Stocks Slide as Markets Wary of Expecting US Rate Cuts... Read more

Forex Today: Global Markets Calm After Russia Turmoil - 26 June 2023

Markets Open Calmly With Low Volatility; Russian Wagner Rebellion Over; Japan Warns of Response to “Excessive” Yen M... Read more

Bank Of England Delivers 0.50% Hike

The BoE was widely expected to raise rates at Thursday’s meeting, but the extent of the hike had the markets guessing ... Read more

Forex Today: Expecting Rate Hikes From Bank Of England And Swiss National Banks

0.25% Hikes Expected in UK and Switzerland; Powell Hawkish Before House, but Dollar Falls, Yen Weak; UK Inflation Remain... Read more

Forex Today: Stocks Decline On Downbeat Powell Testimony Expectation

Stocks Lower as Powell Expected to Emphasize Further Hikes, but Japanese Equities Rise; UK Inflation Data Release Due Read more

Forex Today: Trade Weighted Yen Index Hits 20-Year Low

Japanese Yen Weakness Stands Out, USD/JPY Hits 1-Year High, GBP/USD in Strong Trends; Stocks Weaken in Asia; RBA Minutes... Read more

Forex Today: Asian Stocks Lower As Chinese Stimulus Hopes Fade

Chinese Stimulus Looking Unlikely; USD/JPY, GBP/USD in Strong Trends; Stocks Weaken in Asia Read more

Forex Today: Fed Makes Hawkish Pause

US Federal Reserve Leaves Rates Unchanged, Points to Further Hikes; Japanese Yen Weakens to 7-Month Low, US Dollar Falls... Read more

US Inflation Falls, Federal Reserve Likely To Pause

The US Consumer Price Index (CPI) dropped to 4.0% in May, down from 4.9% in April and just below the consensus of 4.1%. Read more

Forex Today: Markets Expecting No-Hike Fed Today

US Federal Reserve Expected to Leave Rates Unchanged; US CPI Falls to 4.0%; US Dollar Weaker, Stocks Rise to New Highs Read more

Forex Today: Stocks Rise As Markets Await Release Of Crucial US Inflation Data

US, Japanese Equities Power to New Highs; US CPI Expected to Drop to 4.1%; US Dollar Weaker, Turkish Lira Keeps Falling Read more

Forex Today: US, Eurozone, Japan Rate Decisions Loom

Big Three Central Banks Meetings Await; Global Stocks Bullish; Cocoa Reaches Multi-Year High, Turkish Lira Keeps Falling Read more

Bank Of Canada Surprises With Rate Hike

The Bank of Canada (BoC) hiked rates by 25 basis points on Wednesday, bringing the benchmark rate to 4.75%, the highest ... Read more

Forex Today: Bank Of Canada Makes Shock Rate Hike

Stocks, Risky Assets Lower After BoC Decision; Yen Strengthens on Strong Japanese GDP Data; Cocoa Reaches Multi-Year Hig... Read more

Forex Today: Australian GDP Below Expectations

Australian GDP Grows by Only 0.2%; Global Stock Markets Mixed, US Bullish; Bank of Canada Rate Decision Today, Turkish L... Read more