Forex News

Focus on US Consumer Confidence

In the US, the Conference Board's consumer confidence survey for March will be released. Earlier, a similar preliminary survey from the University of Michigan showed a clear weakening in consumer confidence due to political uncertainty.

Tue, 25 Mar 2025 03:11:21 -0400

Natural Gas and Oil Forecast: OPEC+ Output and U.S. Tariffs Drive Short-Term Setup

Oil steadies near $69 as OPEC+ plans May output hike and U.S. tariffs tighten Venezuelan and Iranian crude supply. NG remains bearish below $4.01.

Tue, 25 Mar 2025 03:03:02 -0400

Sweden Producer Price Index (YoY) declined to 3.4% in February from previous 3.5%

Sweden Producer Price Index (YoY) declined to 3.4% in February from previous 3.5%

Tue, 25 Mar 2025 03:02:03 -0400

Sweden Producer Price Index (MoM) fell from previous 1.7% to -0.1% in February

Sweden Producer Price Index (MoM) fell from previous 1.7% to -0.1% in February

Tue, 25 Mar 2025 03:00:51 -0400

Trump policy swerves spur Europe into action, but any 'Europhoria' may be premature

U.S. President Donald Trump's erratic policymaking has given Europe an unexpected spur to action, but any sense of "Europhoria" about the region's chances of turning this moment into a longer-lasting revival is likely premature.

Tue, 25 Mar 2025 02:10:46 -0400

A more tentative mood ahead of European trading today

The mood music is looking more tentative in the new day as broader markets are not building on the risk rebound from yesterday, at least not yet. Trump tariffs continue to be a key focus ahead of the 2 April deadline and once again, he showed some willingness to water down his hard-hitting rhetoric as seen here.

Tue, 25 Mar 2025 01:38:52 -0400

Traders, FX advisors wary of rupee's seasonality spurred rally

The Indian rupee's searing climb over the last 10 days may have prompted bears to bail but traders and foreign exchange advisors doubt that the seasonally supportive factors have more room to run.

Tue, 25 Mar 2025 01:25:00 -0400

Japan PMI Ishiba reportedly to introduce strong measures to counter rising prices

The news outlet cites Ishiba's remark to Tetsuo Saito, who is the party leader to the LDP's coalition partner Komeito. No details are given on what these "strong measures" will be yet.

Tue, 25 Mar 2025 00:25:02 -0400

Ueda speech: Still need some time to consider what to do with BoJ's ETF holdings

Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ's ETF holdings.”

Tue, 25 Mar 2025 00:09:00 -0400

Oil, Natural Gas, US Dollar Analysis: Critical Support Levels Hold Amid Geopolitical Risk

WTI crude oil rebounds from the long-term support region, while natural gas remains in correction mode.

Mon, 24 Mar 2025 23:57:32 -0400

Indonesia c.bank says rupiah weakness reflects global, domestic factors

The Indonesian rupiah's fall to its lowest level against the dollar since June 1998 reflects both global and domestic factors and Bank Indonesia will intervene to maintain its stability, a central bank official told Reuters on Tuesday.

Mon, 24 Mar 2025 23:48:15 -0400

Inflows likely to help rupee maintain upward momentum amid weak Asian cues

The Indian rupee is likely to open slightly higher on Tuesday, buoyed by expectations of dollar inflows helping the domestic currency navigate a decline in Asian peers.

Mon, 24 Mar 2025 22:59:01 -0400

Japanese Yen slides to three-week low against USD; lacks follow-through selling

The Japanese Yen (JPY) drifts lower against its American counterpart for the fourth consecutive day, pushing the USD/JPY pair to the 151.00 neighborhood, or a three-week top during the Asian session on Tuesday. The global risk sentiment remains well supported by hopes that US President Donald Trump's so-called reciprocal tariffs will be narrower and less strict than initially feared.

Mon, 24 Mar 2025 22:44:37 -0400

WTI Crude Oil Price Begins Rebound—Can Bulls Sustain the Momentum?

Looking at the 4-hour chart of XTI/USD, the price was able to clear the $66.50 and $67.00 resistance levels. It cleared the 38.2% Fib retracement level of the downward move from the $73.12 swing high to the $65.22 low.

Mon, 24 Mar 2025 22:44:36 -0400

BoJ minutes signal readiness to tighten further if outlook holds

Minutes from BoJ's January 23–24 meeting revealed a growing consensus among policymakers that further tightening would be appropriate, provided the current economic and price outlooks hold.

Mon, 24 Mar 2025 22:38:36 -0400

Fed's Bostic sees just one rate cut in 2025, warns tariffs may reinforce inflation

Atlanta Fed President Raphael Bostic said in a Bloomberg interview that he's now projecting just one cut by year-end, down from his earlier expectation of two.

Mon, 24 Mar 2025 22:28:13 -0400

BoE's Bailey calls for trade cooperation and embraces AI as growth catalyst

BoE Governor Andrew Bailey urged greater international cooperation to resolve growing strains in the global trading system. In a speech overnight, he pointed to the disruptions caused by US President Donald Trump's trade policies, emphasizing that resolving these challenges requires “multilateral setting rather than set tariffs bilaterally”.

Mon, 24 Mar 2025 22:14:09 -0400

ECB's Escriva warns of extreme uncertainty and skewed growth risks

In remarks delivered overnight, Spanish ECB Governing Council member Jose Luis Escriva highlighted that “growth risks are more downside than upside.” While he acknowledged that supportive fiscal policy could offer some near-term uplift, he stressed that the broader risks — particularly to the downside — are dominating the economic outlook.

Mon, 24 Mar 2025 22:06:54 -0400

Mag 6.2 earthquake off the West Coast of South Island, New Zealand

more to come The preliminary report from USGS pegs the magnitude at 7 depth 10km (about 6 miles) This article was written by Eamonn Sheridan at www.forexlive.com.

Mon, 24 Mar 2025 21:53:55 -0400

Australian Dollar finds support as traders expect RBA to keep rates unchanged in April

The Australian Dollar (AUD) extends its gains for the second successive session on Tuesday. However, the AUD/USD pair faced downward pressure amid a strengthening US Dollar (USD).

Mon, 24 Mar 2025 21:43:48 -0400

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