Forex News

Investing.com - Sterling rallied on Friday, despite concerns over Brexit and the resignation of key officials in Prime Minister Theresa May’s government. GBP/USD rose 0.34%...

(Bloomberg) -- U.K. politicians got a first view Thursday of the financial market turmoil that may be triggered if they fail to approve the Brexit deal struck with the European...

(Bloomberg) -- The dollar’s bull run has ended and it’s time to sell the currency, according to Morgan Stanley. “We believe the USD has reached its peak at...

(Bloomberg) -- The dollar’s bull run has ended and it’s time to sell the currency, according to Morgan Stanley. “We believe the USD has reached its peak at...

• The pair struggled to extend its steady recovery from YTD lows, alongside an ascending trend-channel formation on the 1-hourly chart, further beyond 200-hour SMA. ...

The European cross stays weak in the mid-0.8800s on Friday. Brexit jitters keep the Sterling under pressure so far. May’s no-confidence vote scheduled for Tuesday. The...

EUR/GBP Exchange Rate News: Euro Driven Higher against Pound by Brexit Uncertainty EUR/GBP Exchange Rate News: EUR Gains against Sterling on Continuing British Political Chaos The...

• The pair's overnight strong upsurge failed to make it through a confluence resistance - comprising of 100-day SMA and 50% Fibonacci retracement level of the...

GBP/EUR Exchange Rate Rises Following Draghi’s Speech The GBP/EUR exchange rate appreciated following European Central Bank President Mario Draghi’s speech this morning, rising to...

USD/CAD is facing the support of the price channel on the 4-hour chart.

After three consecutive daily advances, EUR/JPY has now moved back to the negative territory and is navigating the low 128.00s, facing the likelihood of a deeper...

Subdued USD price action does little to lend any support or stall the ongoing corrective slide.

Cable was hit hard recently, and decline may not be over yet within wave C/3 as current price move above 1.2750 seems slow so can be fourth wave that may find some new seller at...

The Eurozone’s CPI report for October takes center stage today. If it doesn’t disappoint, we should continue moving upwards without a pullback.

EURUSD is likely to come under pressure after ECB President Draghi warned that growth and inflation may not pick-up as early as previously expected.

The pair loses the grip and returns to the 1.1330 region. EMU’s final CPI matched expectations in October. Markets’ attention remains on Brexit, US data. After...

UK leadership challenge triggers risk-off, boosting the demand for the USD. Headed back towards Thursday”s low at 0.7232 ahead of US industrial figures. The USD bulls...

The pair is extending the recovery from Monday’s fresh 2018 lows near 1.1210, gaining more than a cent and now challenging 1.1376, where emerges the 21-day SMA. In spite of...

The GBP bulls are offered some reprieve, as the UK media quotes two sources, as saying that Michael Gove is said to have decided to have stayed on. The sources said:...

• Recovering oil prices underpinning Loonie and exerts some follow-through downward pressure. • Subdued USD price action does little to lend any support or stall...

Euro to South African Rand Exchange Rate Slides on Political Uncertainties and Data Euro to South African Rand Exchange Rate Unappealing amid Political Developments Due to...

EUR/USD continues to move higher has posted slight gains in the Friday session.  In European trade, the pair is trading at 1.1354, up 0.22% on the day. On the release front,...

Sorry state of UK politics over the Brexit deal continues to cap the upside. Remains vulnerable amid no-confidence vote and ahead of US data. The GBP sellers returned to the...

Open interest in JPY futures markets rose by around 3.7K contracts yesterday from Wednesday’s final 232,043 contracts, according to flash data from CME Group. Volume,...

Joachim Bernhardsen, Research Analyst at Nordea Markets, notes that the EURNOK has climbed to above 9,60 and they see the risk of further weakening in the short term. Key...

The UK remains in a Brexit crisis with PM May’s leadership still being questioned. Further cabinet resignations are rumored, leaving Sterling a rudderless ship for now.

• The latest UK political turmoil kept the GBP bulls on the defensive. • PM May remains firm on her position and defends her Brexit plan. • Increasing...

AUD/USD is facing 0.7302 resistance, a breakthrough this level could signal resumption of the uptrend from 0.7020, then further rise towards 0.7400 could be seen.

According to preliminary figures for GBP futures markets from CME Group, open interest rose by more than 2.3K contracts on Thursday vs. Wednesday’s final 227,874 contracts....

Jane Foley, Senior FX Strategist at Rabobank, suggests that despite the resignations of four ministers in the UK yesterday including Brexit secretary Raab and McVey and the...

CME Group’s advanced data for EUR futures markets noted investors added nearly 5.7K contracts on Thursday from Wednesday’s final 521,343 contracts. In the same line,...

The pair advances to daily highs near 1.1360 on Friday. The greenback trades on the defensive below the 97.00 handle. EMU’s final CPI figures next on tap. Attention also on...

The European Central Bank (ECB) President Draghi’s speech is likely to be the main event risk in a data-light European session ahead. Draghi is due to deliver the keynote...

According to the results of a Reuters poll of economists, Japan is set to see a healthy rebound in October's exports figures, with expectations for core CPI to stabilize. Key...

Amy Yuan Zhuang, Chief Asia Analyst at Nordea Markets, suggests that the RBI’s efforts to solve the bad debt problem of Indian economy are also complicated by the weakening...