Forex News

Today's FXStreet Newswire

The latest news that can have the most noticeable market impact

1:45
April 1, 2020
Germany’s Altmaier: Economy faces big growth hit in first half, second-half recovery possible
In an interview with the Rheinische Post newspaper, Germany’s Economy Minister Peter Altmaier told the economy faces a major economic shock in the second quarter but may rebound in the second half of this year. Key quotes “The impact will be very noticeable in the months of March, April and May.” “In the second half…
1:30
April 1, 2020
PBOC sets Yuan reference rate at 7.0771
The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0771 versus Tuesday's fix at 7.0851.
1:30
April 1, 2020
BoJ official: CAPEX remains solid but need to see how coronavirus may impact CAPEX in June Tankan
A BoJ official explained that the March Tankan shows CAPEX remains solid but need to see how coronavirus may impact CAPEX in June Tankan. Key notes Companies' CAPEX plans for fiscal 2020 may be slashed in June Tankan survey depending on degree of damage from coronavirus Sentiment among big firms in hotel sector hit worst…
1:30
April 1, 2020
USD/JPY trading heavy in a risk-off environment, bulls heads to be sliced off
USD/JPY remains better offered and a fade on rallies as COVID-19 uncertainty weighs.  USD/JPY holding on to the 107 handle by the skin of its teeth. USD/JPY pushed above 108.60 then rolled over to 107.25 before popping in Tokyo as the US dollar picks up the pace through Asia. At the time of writing, USD/JPY…
1:15
April 1, 2020
GBP/JPY Price Analysis: Rising wedge breakdown on 4H
GBP/JPY faced rejection at key resistance for the third day on Tuesday The rising wedge breakdown seen on the 4-hour chart indicates the bears have regained control.  GBP/JPY is currently sidelined near 133.40, having failed to take out resistance at 134.47 for the third straight day on Tuesday.  That level marks the 50% Fibonacci retracement…
1:15
April 1, 2020
USD/MXN Price Analysis: Mexican peso fails to carry the pullback moves
USD/MXN searches for a clear direction below 10-day SMA, 23.6% Fibonacci retracement. 21-day SMA limits immediate downside, overbought RSI conditions signal weakness. Despite marking losses the previous day, USD/MXN registers 0.2% gains to 23.75 during the Asian session on Wednesday. The pair took a U-turn from 10-day SMA and 23.6% Fibonacci retracement of its March…
1:00
April 1, 2020
AUD/JPY: Muted reaction to RBA minutes
AUD/JPY wavers as RBA  minutes say rates could remain low for years.  Minutes also said the policymakers have no appetite to use negative rates.  Aussie pairs dropped sharply in the first quarter on RBA's dovish move and coronavirus fears. The AUD/JPY pair is barely moving in response to the minutes of the Reserve Bank of…
1:00
April 1, 2020
AUD/USD drops further below 0.6150 after RBA minutes
AUD/USD declines even after RBA minutes cited no appetite for negative interest rates. Risk sentiment remains under pressure amid fears of worsening coronavirus pandemic. US President Trump signals fears of tough two weeks, Goldman anticipates a double-digit contraction in the US Q2 2020 GDP. Aussie activity/housing data flashed mixed signals off-late. With the latest RBA…