Forex News

Live Forex news from all over the world.

Archives

Bulls Back in Business on GBP/CAD?

The Great Britain pound versus the Canadian dollar currency pair made a twist.

US Dollar Rally Sparked by Safe-Haven Demand Amid Coronavirus Crisis

The US dollar is surging to kick off the trading week, buoyed by renewed safe-haven demand as the coronavirus continues to extend outside China. While the situation has relatively stabilized in the world’s second-largest economy, investors are in a panicky state because of how the outbreak is beginning to intensify all over the world. Despite a slight retreat on Friday, the greenback is looking to test multi-year highs in the coming sessions.

Euro Falls on Coronavirus Fears, Ignores Upbeat German IFO Data

The euro today gapped lower against the US dollar to start of the week trading with a bearish bias amid the risk-off market sentiment created by coronavirus headlines. The EUR/USD currency pair oscillated between gains and losses during today’s session as bears fought to control the pair’s price despite the upbeat German macro reports.

NZD Struggles to Bounce After Opening Lower on Coronavirus Panic

The New Zealand dollar opened sharply lower today as markets were in a panic mode as the coronavirus was spreading from China to other parts of the world. While the currency is trying to trim its losses, it is still trading far below Friday’s close. Mixed domestic macroeconomic data was not helping the kiwi.

AUD/USD Heading for 0.6550?

The Australian dollar versus the US dollar currency pair dropped from the 0.6700 multiannual level.

US Dollar Weakens As Economy Softens on Coronavirus, 2020 Election Fears

The US dollar is weakening against many major currency rivals at the end of the trading week, driven by disappointing economic data. Analysts are sounding the alarm that the coronavirus is beginning to impact American growth, which is evident in the recent purchasing managers’ index (PMI) readings. Although the presidential election is less than nine months away, the market is beginning to pay attention to the latest developments – and many are […]

Euro Rallies on Upbeat PMIs, Quickly Falls on Coronavirus Headlines

The euro today spiked higher against the US dollar in the early European session following the release of upbeat eurozone PMIs by Markit Economics. However, the EUR/USD currency pair’s rally was short-lived since the pair fell shortly afterwards after news of rising coronavirus infections in South Korea damped investor risk appetite.

USD/JPY in Orbit – At 112.25. What Now?

The US dollar versus the Japanese yen currency pair skyrocketed. So, what goes up must come down or it this just the beginning of a new path?

Euro Trades at April 2017 Lows Despite Upbeat German Macro Prints

The euro today traded at multi-year lows against the US dollar despite the release of positive German macro reports in the early European session. The EUR/USD currency pair fell to lows last witnessed in April 2017 after the results of the last French election were announced.

Chinese Yuan Slides Breaches 7 As PBoC Injects More Stimulus

The Chinese yuan has tumbled past the crucial 7 mark against the US dollar again as the central bank injected additional stimulus to contain the economic fallout from the coronavirus. This is the second time in less than a year that the yuan has fallen to this level, and many experts anticipate further weakening of the currency until Covid-19 has been subsided.

Navigation

Menu