2023-03-30 16:58
USD/JPY is posted gains on Thursday after dropping sharply a day earlier. In the North American session, USD/JPY is trading at 132.45, down 0.31%. Later today, we’ll get a look at Toky… Read More
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MarketPulse - MarketPulse is the market commentary of currency analysts on the state of forex markets using fundamental and technical tools and real time rates
2023-03-30 13:29
The Australian dollar has edged higher and is trading at the 0.6700 level in Europe. The RBA meets next week and the markets have priced in a pause. In the US, unemployment claims and GDP we… Read More
2023-03-30 11:37
Stock markets are in the green once more on Thursday, with confidence slowly returning as we near the end of the second week without serious drama.
Of course, I’m not including the ban… Read More
2023-03-30 11:31
Oil prices have continued to recoup losses in recent days as sentiment has improved, yields have edged higher and global economic prospects have improved. Recent volatility has been a firm r… Read More
2023-03-30 10:22
The British pound continues to rally and is up for a fourth straight day. BoE member Mann said on Wednesday that the Bank of England will have a difficult time setting monetary policy due to… Read More
2023-03-29 14:26
The New Zealand dollar is lower on Wednesday. NZD/USD is trading at 0.6236 in the North American session, down 0.28%. In the US, Pending Home Sales slowed but were better than expected. Late… Read More
2023-03-29 09:59
The Swiss franc has edged higher on Wednesday. USD/CHF is trading at 0.9176 in the European session, down 0.23%. The ZEW Economic Expectations index fell sharply to -43.3 points. In the US… Read More
2023-03-29 09:46
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart to discuss UK inflation, the Bank of England, and Binance Read More
2023-03-29 09:02
The Australian dollar is trading at 0.6670 in Europe, down 0.57%. Australian inflation was lower than expected, raising speculation that the Reserve Bank of Australia might pause at its Apri… Read More
2023-03-28 16:50
The British pound is up for a second straight day. In the North American session, GBP/USD is trading at 123.37, up 0.40%. Earlier today, BoE Governor Bailey told lawmakers that the UK bankin… Read More
2023-03-28 11:58
Equity markets are edging higher again today, a sign of gradually improving confidence following a relatively drama-free weekend.
As we saw on Friday though, anxiety remains high and things… Read More
2023-03-28 11:54
A cautious recovery
Oil prices are continuing to recover after popping higher at the start of the week. There’s been a broad improvement in risk appetite at the start of the week thank… Read More
2023-03-28 10:42
The Australian dollar is trading at 0.6672 in Europe, up 0.39%. Australian retail sales posted a weak gain of 0.2% and the quarterly CPI release is next. The banking crisis has eased a bit a… Read More
2023-03-28 08:32
The Japanese yen is in positive territory and broke below the 131 line in the Asian session. USD/JPY is trading at 131.17, in Europe, down 0.30% on the day.
BoJ inflation indicator eases
BoJ… Read More
2023-03-27 13:25
It’s been a relatively calm start to the week, with investors seemingly relieved that the weekend brought no fresh turmoil in the banking sector.
Deutsche Bank under pressure
That was… Read More
2023-03-27 13:19
Oil has rebounded slightly, but gold has slipped as we are seeing an improvement in risk appetite on Monday.
Oil recovers as the dust continues to settle
Oil prices are rebounding a little o… Read More
2023-03-27 13:09
The Australian dollar is slightly lower on Monday, trading at 0.6635 in Europe. AUD/USD is coming off a disappointing week, with losses of close to 1%, as risk aversion remains high. The ban… Read More
2023-03-27 09:27
The British pound is trading quietly on Monday. In the European session, GBP/USD is trading at 122.49, up 0.15%. The pound has looked sharp of late, and last it touched a high of 1.2343, its… Read More
2023-03-24 19:38
Oil dragged down on bank woes
Crude prices are lower as banking worries persist and after Energy Secretary Granholm said refilling the SPR could take years. Banking turmoil will clearl… Read More
2023-03-24 19:32
Investors try to shrug off banking drama
Wall Street was initially dragged down as banking worries persisted after Deutsche Bank’s costs against default skyrocketed. Deutsche Bank&rsqu&hell…Read More
2023-03-24 13:11
The Japanese yen broke below the symbolic 130 line earlier in the day, for the first time since February 3rd. In the North American session, USD/JPY is trading at 130.17, down 0.55% on the d… Read More
2023-03-24 11:24
The British pound is down considerably on Friday after mostly soft numbers out of the UK. In the European session, GBP/USD is trading at 122.13, down 0.60%.
PMIs down, retail sales jump
UK r… Read More
2023-03-24 09:47
After an impressive rally, the euro is falling for a second straight day. In the European session, EUR/USD is trading at 1.0739, down 0.86%.
German manufacturing falls, services rise
German… Read More
2023-03-23 20:10
OANDA Senior Market Analyst Craig Erlam discusses GPBUSD in light of the latest interest rate decisions from the Fed and BoE Read More
2023-03-23 20:01
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart to discuss the day’s big stories including interest rate decisions from the Fed, BoE, SNB and CBRT Read More
2023-03-23 15:15
The Swiss franc continues to rally and is trading in North America at 0.9139, down 0.37%. USD/CHF has fallen some 200 points in just one week.
SNB goes for oversize hike
The Swiss National B… Read More
2023-03-23 14:36
US stocks are rising as Wall Street digests what might be the Fed’s last rate hike and Secretary Yellen’s comment on blanket deposit insurance. The post-Fed selloff came fr… Read More
2023-03-23 11:05
The British pound has edged upwards and is trading at 1.2296 in the European session, up 0.25%. Earlier, GBP/USD climbed as high as 1.2343, its highest level since February 2.
BoE expected t… Read More
2023-03-23 09:16
Equity markets in Europe opened a little lower on Thursday following a very mixed session in Asia and some heavy selling on the other side of the pond on Wednesday.
While investors have been… Read More
2023-03-23 09:10
Signs of permanent damage in oil?
Oil prices are a little lower today after gradually recovering in recent days. While no one can say with confidence that a banking crisis has been averted… Read More
2023-03-22 21:07
Wall Street’s initial take on the Fed was that they delivered a dovish hike and that banking turmoil will finish the job of bringing inflation back to target. Fed Chair Powell st… Read More
2023-03-22 16:57
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They preview the FOMC and BOE rate decisions, discussed the market reaction to a hot UK inflation report… Read More
2023-03-22 13:30
The Australian dollar is in positive territory on Wednesday, ahead of the Federal Reserve’s rate announcement. In the European session, AUD/USD is trading at 0.6681, up 0.16%.
Fed expe… Read More
2023-03-22 10:10
The British pound is in positive territory on Tuesday. In the European session, GBP/USD is trading at 1.2277, up 0.50%.
UK inflation accelerates
For Bank of England policy makers, the &ldquo&hell…Read More
2023-03-22 08:45
Equity markets are treading water this morning ahead of the Fed rate decision and following a decent rebound a day earlier.
It very much feels like we’re just taking one day at a time… Read More
2023-03-22 08:40
Stalled recovery
Oil prices are slipping again today after recovering strongly from the lows over the last couple of days. There’s still a lot of lost ground to make up which may highl… Read More
2023-03-21 19:52
US stocks are higher as officials signal they will do whatever it takes to protect the banking system. Treasury Secretary Yellen’s comments at the American Bankers Association conferen… Read More
2023-03-21 14:46
The Canadian dollar is slightly lower on Tuesday. In the North American session, USD/CAD is trading at 1.3687, up 0.17%.
Canada’s CPI continues to ease
Canada’s headline inflatio… Read More
2023-03-21 14:07
Will economic fears fully abate?
Oil prices are rising again on Tuesday, adding to Monday’s recovery to trade more than 6% from the lows. Brent fell close to $70 yesterday, the lowest… Read More
2023-03-21 13:01
The Swiss franc is showing some strength on Tuesday. In the European session, USD/CHF is trading at 0.9238, down 0.58%.
SNB expected to hike but by how much?
The turmoil which has roiled the… Read More
2023-03-21 10:51
The euro has put together a 3-day rally and is up again on Tuesday. In the European session, EUR/USD is trading quietly at 1.0756, up 0.30%.
Financial markets settle down
Let’s start w… Read More
2023-03-20 18:52
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed the UBS take over of Credit Suisse, preview the FOMC decision, and talk cryptos Read More
2023-03-20 17:30
The Japanese yen has started the trading week quietly. In the North American session, USD/JPY is trading at 131.67, down 0.14%.
The markets are coming off a week of turmoil, as the banking c… Read More
2023-03-20 17:06
It’s been another lively start to the week following a busy weekend in which Swiss authorities have been working tirelessly to complete the sale of Credit Suisse and avoid further fall… Read More
2023-03-20 17:00
Oil seeing some support
The sell-off in oil markets appears to be running into support following the near-20% decline over the last couple of weeks. Traders have been forced to reassess the… Read More
2023-03-20 13:47
Looks like it will be another long week on Wall Street. It was a busy weekend after a Credit Suisse bailout and a coordinated effort by the Fed and other central banks to boost dollar… Read More
2023-03-20 11:43
USD/CHF is trading quietly on Monday, after a tumultuous week. In the European session, USD/CHF is trading at 0.9276, up 0.15%.
Credit Suisse takeover, central banks take action
There was a… Read More
2023-03-20 09:22
After a tumultuous week in the financial markets, things appear to have settled down. The euro is showing limited movement, trading at 1.0655.
Central banks move in unison to contain contagi… Read More
2023-03-17 23:30
OANDA Senior Market Analyst Craig Erlam discusses EURUSD in the aftermath of this week’s turmoil in the banking sector, following the ECB rate hike and ahead of the Fed meeting Read More
2023-03-17 22:24
US
A week ago, a lot of economists were thinking the Fed was going to pick up the pace of rate hikes as disinflation trends were struggling given a robust core services inflation reading and… Read More
2023-03-17 18:02
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed the market reaction after this week’s banking turmoil, the University of Michigan sen… Read More
2023-03-17 16:14
Terrible week continues
Oil prices have been pummelled this week as turmoil in the banking sector has increased the risk of a significant economic slowdown or recession this year. Clearly, t… Read More
2023-03-17 15:50
Markets remain risk-averse
A frantic week in financial markets draws to a close and it’s clear that investors are feeling very anxious about carrying risk into the weekend.
We all saw… Read More
2023-03-17 14:58
US stocks are weakening on fears that this week’s banking turmoil will lead to tighter lending standards that will cripple small businesses and eventually send this economy into a rece… Read More
2023-03-17 12:43
We have seen some strong movement from the British pound this week, which is not surprising given the turmoil which has gripped the financial markets in the wake of the US banking crisis. In… Read More
2023-03-17 10:26
The Japanese yen is in positive territory on Friday, trading at 133.02, up 0.56%. USD/JPY touched a one-month low on Thursday, falling as low as 131.72.
How will BoJ react to the new wage ag… Read More
2023-03-17 09:20
It has been a busy week for the euro, reflective of the gyrations we’re seeing in the financial markets. EUR/USD has bounced back from a mid-week slide and is trading at 1.0661, up 0.4… Read More
2023-03-16 17:52
US stocks are rallying as Wall Street worries over the banking sector are easing after the big banks offer support to First Republic and as the SNB gave Credit Suisse a lifeline. Banki… Read More
2023-03-16 17:13
Volatile amid worrying economic outlook
It’s been another volatile session in oil markets, bouncing back from their lows while remaining negative on the day. A failure to get back into… Read More
2023-03-16 17:11
It’s been another wild session in financial markets and the ECB had the unenviable task today of making a decision on interest rates amid all of the uncertainty and turbulence.
One thi… Read More
2023-03-16 17:04
The Australian dollar has taken investors on a roller-coaster ride this week, reflective of the gyrations we’re seeing in the financial markets. In the North American session, AUD/USD… Read More
2023-03-16 13:38
The New Zealand dollar has had a busy week, which is not surprising given the turmoil which has gripped the markets. NZD/USD has extended its losses on Thursday and is trading at 0.6162, dow… Read More
2023-03-16 10:21
The euro has rebounded on Thursday after sliding 1.5% a day earlier, its worst daily showing since September 2022. In the European session, EUR/USD is trading at 1.0613, up 0.35%.
The financ… Read More
2023-03-16 08:04
Craig Erlam joins Jonny Hart to discuss the big stories in the markets on Wednesday and what a day it has been. Credit Suisse sent equity markets into a tailspin, while UK Chancellor Jeremy… Read More
2023-03-16 00:48
It’s been another remarkable day in financial markets and it, unfortunately, doesn’t feel like the worst is behind us.
Fear has once again gripped the markets, concerned about a… Read More
2023-03-16 00:45
Oil plummets amid economic fears
Oil prices have been caught up in the doom and gloom of what we’re seeing in equity markets and after months of consolidation, economic concerns have t… Read More
2023-03-15 17:35
US stocks are dropping as Wall Street anticipates further global banking turmoil after Credit Suisse fails to secure additional capital and their CDS hit crisis levels. Weak ban… Read More
2023-03-15 16:44
The British pound has taken a nasty tumble on Wednesday. In the North American session, GBP/USD is trading at 1.202, down 1.1% on the day.
Credit Suisse drags down US banking sector, boosts… Read More
2023-03-15 14:11
The New Zealand dollar is in negative territory on Wednesday, ending a 3-day rally that saw NZD/USD climb 160 points. In the North American session, NZD/USD is trading at 0.6205, down 0.50%… Read More
2023-03-15 11:29
The Australian dollar, which has posted strong gains early in the week, has run into a wall on Wednesday. In the European session, AUD/USD is trading at 0.6638, down 0.66%.
Australian job gr… Read More
2023-03-14 17:28
Banking contagion risks are evaporating and Wall Street is ready to pile back into risky assets. US stocks are surging as regional bank stocks bounce back and after the eight straight… Read More
2023-03-14 17:23
The Australian dollar is unchanged on Tuesday after climbing 1.29% a day earlier. In the North American session, AUD/USD is trading at 0.6673.
US inflation eases
With the Fed slowly but sure… Read More
2023-03-14 10:12
The British pound has reversed directions after an impressive rally that saw GBP/USD climb 370 points. In the European session, GBP/USD is trading at 1.2154, down 0.24%.
US dollar recovers
T… Read More
2023-03-14 09:03
Some calm appears to have returned to financial markets in early trade in Europe this morning but how long will it last?
While everyone will be hoping that the turmoil that swept through mar… Read More
2023-03-14 08:56
Wild fluctuations in oil
Oil prices are continuing to whipsaw while remaining within the broad ranges they’ve traded within since early December. Yesterday we saw Brent and WTI testing… Read More
2023-03-14 07:21
Craig Erlam joined Jonny Hart to discuss the latest on SVB and what it means for interest rate expectations and this week’s big US data Read More
2023-03-13 19:04
US stocks had a chaotic day as bank stocks crumbled and interest rate sensitive sectors rallied as Treasury yields tumbled.
Over the weekend, Federal regulators rushed in to squash a growin… Read More
2023-03-13 16:37
The euro has posted sharp gains at the start of the week, extending its rally against a retreating US dollar. In the North American session, EUR/USD is trading at 1.0740, up 0.95% and its hi… Read More
2023-03-13 13:10
The British pound continues to rally and punched as high as 1.2141 earlier today before retreating. In the European session, GBP/USD is trading at 1.2100, up 0.56%.
There are no economic rel… Read More
2023-03-13 10:44
The Australian dollar is considerably higher on Monday. In the European session, AUD/USD is trading at 0.6617, up 0.58%. Earlier in the day, AUD/USD rose 95 points before paring much of thos… Read More
2023-03-10 23:43
Craig Erlam joins Jonny Hart to discuss the US jobs report, SVB Financial fallout, UK Budget, and the week ahead Read More
2023-03-10 22:50
US
The labor market is still strong but is showing signs it is ready to soften as wages cool. Wall Street will pay close attention to the February inflation report. Disinflation… Read More
2023-03-10 18:44
US stocks settled lower in a volatile session as traders digested a cooling wage/ robust job growth report and SVB contagion risks. This was supposed to be an easy Friday with one massive jo… Read More
2023-03-10 12:42
The British pound has extended its gains and is trading at 1.1996 in Europe, up 0.62%. Earlier, GBP/USD pushed above the symbolic 1.20 level.
UK GDP rises 0.3%
The UK ended a light calendar… Read More
2023-03-10 12:14
Stock markets are deep in negative territory on Friday, a day that will not be as dominated by the US jobs report as expected.
Financial stocks are being hit particularly hard this morning o… Read More
2023-03-10 12:09
Choppy trading remains in oil
Oil has pared earlier losses but remains lower on the day as we near the end of the trading week. We’ve basically just experienced last week but in revers… Read More
2023-03-10 11:34
The Japanese yen is trading at 1.36.83 in the European session, down 0.52%. USD/JPY fell 0.90% on Thursday but has recovered much of those losses today.
Kuroda exits with a whimper
Bank of J… Read More
2023-03-10 09:57
The Canadian dollar continues to sag and has dropped 1.9% this week. Hold onto your hats, as we could have some further volatility from USD/CAD in the North American session, with the releas… Read More
2023-03-09 17:01
The British pound has taken advantage of broad US dollar weakness and is sharply higher on Thursday. In the North American session, GBP/USD is trading at 1.1925, up 0.71%.
UK GDP expected to… Read More
2023-03-09 16:52
OANDA Senior Market Analyst Craig Erlam discusses EURUSD as we await some huge economic data releases and the Fed rate decision in two weeks Read More
2023-03-09 14:43
The Canadian dollar has edged higher on Thursday and trading slightly below the 1.38 line. The Canadian dollar is struggling and has declined by 1.5% this week.
Bank of Canada holds rates
As… Read More
2023-03-09 14:26
US stocks erased losses after some softening labor data helped cool down this week’s surging Fed rate hike bets. Wall Street is hoping we are about to see a quicker cooling of the labo… Read More
2023-03-09 13:17
It would appear investors are taking a cautious stance ahead of tomorrow’s jobs report, a little spooked by Powell’s comments in Congress and fearful of being caught on the wrong… Read More
2023-03-09 09:34
The Japanese yen is showing strength on Thursday. In the European session, USD/JPY is trading at 136.27, down 0.79%.
Kuroda’s last hurrah
After 10 years at the helm of the Bank of Japa… Read More
2023-03-08 21:06
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed Fed Chair Powell’s hawkish testimony, another round of strong second tier labor data… Read More
2023-03-08 18:43
US stocks struggled to find direction after another round of labor data suggests this market will remain tight and on Fed Chair Powell’s second day of testimony on Capitol Hill. … Read More
2023-03-08 17:29
The euro has stabilized on Wednesday after sustaining sharp losses a day earlier. In the European session, EUR/USD almost unchanged, trading at 1.0550.
German retail sales sink
Germany, the… Read More
2023-03-08 13:36
Stock markets are steadying ahead of Powell’s second appearance of the week on Wednesday, after his comments a day earlier saw them go into retreat.
The Fed Chair didn’t hold bac… Read More
2023-03-08 13:32
Back into range
Just as oil prices appeared to be gathering some momentum, Powell put an abrupt end to hopes of a breakout on Tuesday and sent them back to the middle of their recent range… Read More
2023-03-08 11:32
The Canadian dollar has steadied on Wednesday, after sliding 1% a day earlier. Later today, the Bank of Canada meets for its monthly meeting.
BoC likely to pause
The Bank of Canada is widely… Read More
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