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Forex News

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EUR/USD Boosted by Moodys Debt Rating Hike Nov 20 2023    
Moodys upgraded the debt ratings of Italy and Portugal, which is positive for EURUSD in the short term.
Dollar Weakens on Rate Cut Rumors, What's Next? Nov 20 2023    
The US dollar's weakness may be short-lived, especially against the euro, yen, yuan, Aussie, and kiwi.
Low UK Retail, GBP/USD Pulls Away Nov 17 2023    
The UK retail sales report in October 2023 showed the worst situation since the pandemic lockdown era. As a result, the pound sterling slumped in GBP/USD and other pairs.
Jobless Claims Soar, US Dollar Under Pressure Nov 16 2023    
Several reports signaled signs of weakness in the US economy, including data on jobless claims, industrial production, and manufacturing production.
Dollar Supported by Mediocre US Retail Data Nov 15 2023    
The US Dollar is currently displaying mixed performance against various other majors.
Rally Powered by Three-Country Data, AUD/USD Prone to Correction Nov 15 2023    
Three main factors drove the AUD/USD rally, namely US inflation data, China's economic improvement, and Australian wage data.
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US Inflation Zero, US Dollar Plunges Nov 14 2023    
US inflation data showed price growth of zero percent in October 2023, hitting the US dollar in all major currency pairs.
UK's Wage Increasing, GBP/USD Strengthens with Limitations Nov 14 2023    
The UK wage data suggests the BoE may keep interest rates high for longer, which is positive for GBP/USD.
USD/JPY Scores New Highs This Year Nov 13 2023    
The yen has performed the worst compared to other majors this year. USD/JPY, EUR/JPY, and GBP/JPY all occupy their respective high ranges.
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