Forex News

Live Forex news from all over the world.


Canadian Dollar Support by Strong Rally of Crude Oil

The Canadian dollar was little changed against its US counterpart and gained on other most-traded rivals thanks to the strong rally of crude oil — Canada’s most important export commodity.

US Dollar Rallies as Markets Prepare for Fed Hike

The US dollar gained against other most-traded currencies today as market participants were preparing for tomorrow’s policy announcement from the Federal Reserve.

Euro Sinks to New Lows on Weak German ZEW Survey Data

The euro today booked significant losses against the US dollar following the release of German ZEW survey data for March. The ZEW data triggered a decline that extended from the early European session into the American session as the US dollar gained ground against the single currency.

Pound Loses Ground Following Weak UK Inflation Data

The British pound today declined against the US dollar following the release of the UK Consumer Price Index data for February. The pound gave up all of its earlier gains accumulated during the late Asian session and early European session before the release of the UK inflation data.

Swiss Franc Vulnerable Despite Positive Fundamentals

The Swiss franc slipped versus the US dollar today despite supportive fundamentals. Against other currencies, the Swissie was mixed.

Aussie Drops Intraday, Reverses Decline Sharply

The Australian dollar dropped intraday during the current trading session but has started a rebound at 10:45 GMT and managed to erase its losses against most of its rivals by now, with the notable exception of the US dollar.

Pound Climbs on Reports About Brexit Transition Deal

The Great Britain pound jumped today against its most-traded peers on news that the United Kingdom and the European Union have reached a transition deal that would keep trade between the UK and the EU.

Japanese Yen Loses Intraday Gains

The Japanese yen gained during the Asian trading session but has lost its gains by the start of the European session and is trading below the opening level now.

Canadian Dollar Logs Weekly Losses as Trade War Fears Grow

The Canadian dollar slumped this week due to risk aversion caused by concerns about potential trade wars between the United States and other countries, China in particular.

USD/CAD Rallies Higher on Mixed US Releases

The USD/CAD currency pair today rallied slightly higher as the Canadian dollar weakened against its US counterpart following mixed US macro releases. The loonie was largely weaker against the greenback despite slightly positive crude oil prices, which usually boost the currency.