Trending
Forex
  • EURUSD
    1.09 -0.21%
  • USDJPY
    130.22 0.49%
  • NZDUSD
    0.65 0.15%
  • USDCHF
    0.92 0.24%
  • USDCAD
    1.33 -0.55%
  • EURJPY
    141.84 0.29%
  • EURGBP
    0.88 -0.25%
  • AUDUSD
    0.71 0.15%
  • GBPUSD
    1.24 0.05%
NZD/USD defends critical support ahead of jobs data, Fed

NZD/USD defends critical support ahead of jobs data, Fed

So far, the uptrend remains intact as investors continue to dump the US dollar.
USD/JPY spikes to 24-year highs
USDJPY
0.49%

USD/JPY spikes to 24-year highs

This morning, the US dollar surged to a 24 year high against the Japanese yen as the country's top currency diplomat expressed concern about recent yen moves.
CAD strengthens following a 75  bps rate hike
USDCAD
-0.55%

CAD strengthens following a 75 bps rate hike

This afternoon, the Bank of Canada raised interest rates by 75 basis points to 3.25%, which was in line with the market's expectations.

Chinese yuan weakens – the central bank had to step in

China's central bank cut the number of foreign exchange reserves while setting a stronger-than-expected fix exchange rate.
AUD/USD ignores another significant rate hike
AUDUSD
0.15%

AUD/USD ignores another significant rate hike

This has been another large rate hike in a row for the RBA, but the Australian dollar has not reacted well to the increase.
EUR/USD drops to fresh 20-year lows
EURUSD
-0.21%

EUR/USD drops to fresh 20-year lows

This week's economic calendar is relatively light with only a handful of data releases to contend with. The focus will be on the Thursday's ECB decision.

Russian foreign exchange reserves in Chinese yuan?

Russia is considering buying Chinese yuan and currencies of other countries considered friendly for a total of $70 billion this year.
USD/JPY trades at 24-year highs
USDJPY
0.49%

USD/JPY trades at 24-year highs

Today's US labor market data will surely cause some large volatility.

Hungarian central bank raises interest rate by 1%

It did so in an effort to curb inflation and support the domestic currency. At the same time, other measures are being introduced.
EUR/USD remains below parity after Jackson Hole Symposium
EURUSD
-0.21%

EUR/USD remains below parity after Jackson Hole Symposium

The Fed's Powell reiterated that the Fed would continue to raise borrowing costs & that the central bank has no intention of switching to a more dovish policy.
GBP/USD tags stop losses below 1.18, then reverses
GBPUSD
0.05%

GBP/USD tags stop losses below 1.18, then reverses

It looks like the bears will have to wait as the technical situation in GBP/USD favours a tiny relief rally.
Forex outlook: GBP/USD, CHF/JPY, and EUR/NZD
GBPUSD
0.05%

Forex outlook: GBP/USD, CHF/JPY, and EUR/NZD

Current volatile markets offer several trading signals on three currency pairs: GBP/USD, CHF/JPY, and EUR/NZD.
USDJPY jumps to cycle highs
USDJPY
0.49%

USDJPY jumps to cycle highs

The USD has been trending higher recently as the Fed's next steps are being judged by investors.