Tag: forex

Forex is one of the biggest asset classes in the world. It represents trades between different currency pairs and thus is an important part of what Investro reports on.
GBP/USD falls as BoE disappoints
GBPUSD
0.71%

GBP/USD falls as BoE disappoints

Today, the Bank of England hiked rates by 25 bps, bringing the main refinancing rate to 0.75%. However, the MPC surprised investors by only 8 out of 9 members voting for a rate hike, while everyone expected a unanimous decision.
GBP/USD slips to new cycle lows
GBPUSD
0.71%

GBP/USD slips to new cycle lows

This morning, the Pound traded lower against the US Dollar after data showed that the UK economy bounced back strongly in January.
EUR/USD fails to move after ECB, US inflation
EURUSD
0.55%

EUR/USD fails to move after ECB, US inflation

Markets were disappointed from no groundbreaking news in the diplomatic talks between Russia and Ukraine, while major macro news also weighed in on sentiment.
EUR/USD falls to post-COVID lows
EURUSD
0.55%

EUR/USD falls to post-COVID lows

So far, no major positive news came out of Ukraine/Russia, leading to another sell-off in risky assets.
RBNZ Lifts Rates, Sends Kiwi Flying
NZDUSD
0.67%

RBNZ Lifts Rates, Sends Kiwi Flying

The kiwi shot higher as the central bank seems ready to bring rates further higher soon.
AUD/USD Stays Stronger Following Barrage of Econ Data
AUDUSD
1.51%

AUD/USD Stays Stronger Following Barrage of Econ Data

More conflicting news came from Russia, while traders also paid attention to Australian and US data.
GBP/USD ticks higher after inflation figures
GBPUSD
0.71%

GBP/USD ticks higher after inflation figures

Inflation showed no signs of easing in December, confirming the BoE's willingness to increase rates again.
NZD/USD corrects losses after Lavrov comments
NZDUSD
0.67%

NZD/USD corrects losses after Lavrov comments

The threat of an "imminent" invasion of Ukraine might be over for now.
USD/JPY spikes to cycle highs after US inflation report
USDJPY
-0.28%

USD/JPY spikes to cycle highs after US inflation report

The USD was down broadly after the latest inflation data, however, the USD/JPY pair surged to one-month highs.
EUR/JPY stabilizes after last week’s massive rally
EURJPY
0.26%

EUR/JPY stabilizes after last week’s massive rally

Profit-taking has brought the shared currency somewhat lower today, sending the EUR/JPY cross to the first major support.
EUR/USD erases post-FOMC losses
EURUSD
0.55%

EUR/USD erases post-FOMC losses

The Euro has rallied recently, pushing the EUR/USD pair above the 1.13 resistance, completely erasing all the losses suffered after the hawkish FOMC decision.
AUD/USD jumps after solid jobs data
AUDUSD
1.51%

AUD/USD jumps after solid jobs data

Traders bought the Australian dollar following better than expected labor market data and general USD weakness.