Forex

Read our latest Forex news and analysis articles written by our experienced traders and FX strategists. We cover all major FX pairs such as EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, and USDCAD, but also minor FX pair such as GBPJPY, and AUDNZD. We also provide updates on exotic pairs such as USDZAR, USDTRY, and USDMXN. Expect us to cover hot and fast-moving markets, but also providing analysis on pairs ahead of significant economic or political events.

We aim to provide instant and relevant Forex analysis and news using the latest macroeconomic news and appropriate technical analysis to support Forex traders in making better-informed decisions.

EURUSD

EURUSD Gets Another Hit From Construction Output

EURUSD after a short rebound above the 1.08 mark returned to three year lows after worse than expected construction output. The European Monetary Union Construction Output dipped -3.1% from previous 0.73% in December. Among the EU, the Member States, the largest decreases in production in construction were recorded in Germany [...]
USDTRY

USDTRY: CBRT Cuts the Repo Rate from 11.25% to 10.75%

The USDTRY is trading higher on the day as the Central Bank of the Republic of Turkey (CBRT) cut the one-week repo auction rate by 50bps as expected, from 11.25% to 10.75%. The USDTRY spiked 340 pips in reaction to this move but has now pulled back slightly to 6.0745 [...]
USDTRY

The CBRT Interest Rate Decision: Implications for the USDTRY

Tomorrow February 19, 2020, at 11 am UTC, the Central Bank of the Republic of Turkey (CBRT) will announce its key interest rate, with implications for the USDTRY. The CBRT has performed five interest rate cuts since President Erdogan replaced its ex-Governor Cetinkaya over a difference of opinion in the [...]
GBPUSD

GBPUSD Higher After Positive UK Employment Data

GBPUSD is adding 0.17% at 1.3025 after better than expected UK employment data. UK Claimant Count Rate dropped to 3.4% in January from the previous 3.5%. The Unemployment Rate for December came in at 3.8% in line with consensus. The UK Average Earnings Excluding Bonus came in at 3.2%, below [...]
EURGBP

EURGBP: Weak Zew Figures Pressures Euro Across the Board

EURGBP resumed the downtrend after a short break yesterday. The pair is under selling pressure after a big miss in the German Zew survey. The February 2020 ZEW economic sentiment came in at 8.7 much worse than the expectations of 21.5 the previous reading was at 26.7. The Current conditions [...]
EURUSD

EURUSD Hits Fresh 2020 Lows After Zew Big Miss

EURUSD trades lower after the ZEW disappointed investors. Germany February 2020 ZEW economic sentiment came in at 8.7 below the expectations of 21.5 the previous reading was at 26.7. The Current conditions was also a big miss, it came in at -15.7 below the forecasts of -10.3 the last reading [...]