AUDUSD pulls back after CPI-fueled rally, 200-hour MA in focus
AUDUSD fell from a weekly high of 0.7207 after hawkish Fed comments, with the 200-hour moving average now a key support.
6 h ago7 min read
Forex News
Major and emerging currency pairs, central bank policy, interest rate expectations and cross-border capital flows.
USDCAD tests 100-day moving average after rallying to last week's high
USDCAD rose to test the 100-day moving average at 1.39140, driven by a stronger USD and higher US yields after hawkish comments from Fed Chair Warsh.
7 h ago6 min read
Dollar-yen climbs through 100-day MA as Powell comments support rally
USDJPY broke above its 100-day MA and 160.00, reaching 160.15, backed by hawkish Fed comments and rising US yields.
9 h ago6 min read
EURUSD slides to new lows, challenges major support cluster
EURUSD tumbled on hawkish Fed rhetoric, probing a crucial support cluster between 1.1587 and 1.1594 as yields and the dollar rallied.
9 h ago7 min read
Dollar gains after hawkish comments from Fed's Warsh
The US dollar rose after Fed Chair Warsh's hawkish remarks; market sees 46% chance of September rate hike.
11 h ago2 min read
Warsh speech impact on major currency technicals
Currency pairs near technical levels ahead of Fed Chair Warsh's speech; yields edge higher.
12 h ago4 min read
Narrow ranges ahead of Warsh speech and key data releases
US dollar edges higher in tight ranges ahead of Fed Chair Warsh's Jackson Hole speech and key data releases.
13 h ago11 min read
USD/JPY climbs higher as market awaits Fed Chair Warsh's address
USD/JPY extends gains as traders await Fed Chair Warsh's Jackson Hole speech for policy clues.
17 h ago10 min read
PBOC fixes USD/CNY rate at 6.7811, above 6.7208 estimate
The PBOC set the USD/CNY reference rate at 6.7811, higher than the estimated 6.7208. It also injected 353bn yuan via reverse repos.
18 h ago1 min read
BofA expects month-end flows to give dollar only slight support
BofA's model sees month-end rebalancing flows as mildly supportive for the dollar, with minor outflows expected in EUR/USD and GBP/USD.
18 h ago5 min read
Yen weakness shadows G20 as Katayama, Ueda head to Asheville talks
Yen slide towards 160 keeps markets alert for G20 signals on possible joint intervention by Japan and US.
18 h ago16 min read
Credit Agricole sees light dollar selling for month-end
Credit Agricole's month-end rebalancing model suggests light dollar selling, contrasting with BofA's view of mild dollar support.
18 h ago8 min read
Option expiries for August 28: EUR/USD at 1.1650, USD/CHF at 0.8000
Key FX option expiries on August 28 include EUR/USD at 1.1650 and USD/CHF at 0.8000, with focus on Fed Chair Warsh's speech.
18 h ago5 min read