Currency News

The Pound Sterling faces slight selling pressure as the BoE is widely expected to cut interest rates in May.

The EUR/GBP cross extends its downside to near 0.8490 during the early European session on Tuesday. The Euro (EUR) softens against the Pound Sterling (GBP) due to the dovish remarks from the European Central Bank (ECB).

The Australian Dollar (AUD) is edging lower on Tuesday after registering more than 0.50% gains against the US Dollar (USD) in the previous session. 

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, April 28.

The EUR/USD pair edges lower to near 1.1415 during the early Asian session on Tuesday. The Euro (EUR) weakens against the US Dollar (USD) amid rising bets for further rate cuts from the European Central Bank (ECB) in June.

Stocks came in wobbly, and went up and down in their usual willful way. Gold and silver sustained an early smackdown, but in the end gained some ground.

The US Dollar (USD) weakens slightly on Monday as markets kick off a busy week, overshadowed by skepticism surrounding United States (US) trade policy.

Mexican Peso weakens 0.48% even as Mexican labor market and trade data surprise to the upside.

USD/JPY tumbles during North American trading, hovering near the bottom of its daily range around 142.00.

It was an interesting day in FX, with the yen strengthening by more than 1% against the dollar and the Swiss franc gaining 80 bps.

In the two weeks around Liberation Day, Treasury 10 year yields rose as the dollar fell.

The US Dollar flatlines while traders keep calm ahead of a pivotal week in US data.

The EUR/USD forecast shows a softer euro due to increasing ECB rate cut bets.

The US dollar is trading quietly in a mixed fashion, mostly confined to the ranges seen at the end of last week.

FTSE is inches higher ahead of UK banks’ earnings this week. EUR/USD falls away from its 3-year high ahead of a busy week.

Asian markets opened the week on a stable footing as investors awaited updates on US trade negotiations with the region.

Market participants should carefully monitor wave C’s characteristics, looking for sustained momentum and a clear progression.

NZD/USD falls as the US Dollar gains strength, following China’s decision to exempt certain US imports from its 125% tariffs.

The USD/JPY exchange rate has rebounded in the past few days.

EUR/USD turns sideways around 1.1350 as investors look for fresh cues on trade relations between the US and China.

Stocks have rebounded over the last three weeks from the initial shock of the “liberation day” tariffs announced.

Markets will be watching the result of a closely contested Federal election in Canada today, with the governing Liberal Party narrowly ahead in final opinion polls.

After being bounced around by a devastating month of tariff news, the path for FX markets will be determined by hard US data this week.

Markets grabbed a tactical lifeline last week as the White House pulled back from the brink. The market’s stopped panicking, but it hasn’t started trusting.

For nearly eight decades the U.S. dollar has worn the crown of global commerce - pricing oil, anchoring central-bank reserves, and underwriting America’s unrivaled borrowing binge.