Latest Forex News

Colombia stocks higher at close of trade; COLCAP up 1.55%

Raymond James cuts Builders FirstSource stock price target on rates

Apple’s HomeView brings personalized Siri to smart home, takes on Amazon and Google

Oracle urges FERC to expedite New Mexico gas pipeline for Project Jupiter

Russia stocks higher at close of trade; MOEX Russia Index up 1.07%

Anthropic warns AI models may soon self-replicate and could wreak havoc on the web

AT&T sells Mexico unit to Televisa, Fintech for $2 billion

Saudi OpenAI engineer arrested by FBI over hidden recording device, US DOJ says

Endeavour Silver completes ball mill repairs at Guanacevi mine

Trading Day: Earnings season debuts to mixed reviews

Dow Jones Industrial Average gives back a 500-point earnings jump

Goldman Sachs (GS) earned $17.01 a share in the third quarter against a forecast near $13.00. JPMorgan Chase (JPM) missed on profit and revenue but raised its 2026 forecast for net interest income, what it earns on loans minus what it pays on deposits.

Taiwan: AI-driven growth and inflation outlook – DBS

DBS Group Research economist Ma Tieying assesses Taiwan’s macro outlook, highlighting a strong AI cycle, diversified energy imports and evolving tariff dynamics with the US.

Chinese Yuan: Outlook stays mildly positive against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CNH price action as fading in downside momentum and now largely range-bound between 6.6900 and 6.7000 in the short term. Over 1–3 weeks, they still warn that a break and close below 6.6900 could trigger a move toward 6.6800. On a 1–3 month view, they expect the pair to keep edging lower while below 6.7815.

Fed's Collins backs September hike, sees Oil and AI driving inflation

On Tuesday, Boston Federal Reserve (Fed) President Susan Collins said that the Fed's main focus is inflation, while adding that he expects "inflation to stay above 2% due to high energy prices.”

GBP/JPY Price Forecast: Bulls challenge 210.00 as breakout looms

The GBP/JPY pair extends its modest gains for two straight days this week, up 0.16% on Tuesday, as the cross-pair continues to consolidate near the 210.00 figure with no clear bias, while the Relative Strength Index (RSI) drifts higher towards its 50-neutral level, an indication that buyers are step

Japanese Yen: Choppy trade after JPY-supportive comments – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight the Japanese Yen (JPY) as somewhat firmer, with USD/JPY pulling back from the upper 158s on comments from BoJ Governor Ueda and PM Takaichi about close US-Japan FX contact.

Singapore Dollar: Priced-in MAS move limits gains against US Dollar - OCBC

OCBC strategists Sim Moh Siong and Christopher Wong expect Monetary Authority of Singapore (MAS) to slightly steepen its S$NEER policy band slope on Wednesday. With tightening largely priced in, the immediate Singapore Dollar (SGD) reaction may be muted.

US Dollar: Fed pricing leg looks stretched – Societe Generale

Societe Generale’s Kit Juckes argues that Fed Funds forward pricing may be nearing the end of its third upward leg this year, with current expectations just below 5% and the US Dollar (USD) having risen alongside each repricing.

Swiss Franc strengthens on dovish Fed rhetoric as US CPI looms

The Swiss Franc (CHF) registers gains versus the US Dollar (USD) on Tuesday as risk appetite improves and energy prices retreat, weighing on the Greenback, which failed to advance even as US Treasury yields soared ahead of the US CPI release. The USD/CHF pair trades at 0.8331, down 0.18%.

Euro: Soft undertone but fair value higher against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret say the Euro (EUR) is marginally firmer versus the US Dollar (USD) on the softer USD tone, with ECB Governor Stournaras signalling continued gradual tightening.

Fed’s Barkin says persistent inflation warrants policy action

On Tuesday, Richmond Federal Reserve (Fed) President Thomas Barkin appeared at Howard University and said 2 percent inflation isn't a unicorn and that “we can hit it,” adding that Fed policymakers see the impact of AI investment on US inflation.

Fed’s Williams sees one final 2026 rate hike, none in 2027

On Tuesday, New York Federal Reserve (Fed) President John Williams, a voter on the Federal Open Market Committee (FOMC), said he believes “disinflationary forces are at play,” and added that “one more interest-rate hike is appropriate this year.”

EUR/USD Price Forecast: RSI signals stretched selling pressure

EUR/USD trades on the front foot on Tuesday as a pullback in the US Dollar (USD) lifts the Euro (EUR).

Forex Today: US inflation comes to the fore

Fresh downside pressure has weighed on the US Dollar (USD) on Tuesday, prompting it to recede from Monday’s fresh highs. The Greenback’s correction comes amid declining crude oil prices and mixed US Treasury yields as investors gear up for key data releases on Wednesday.

Gold slides on US yields surge ahead of CPI

Gold price (XAU/USD) extends its losses on Tuesday as US Treasury yields resumed their uptrend, erasing previous losses, even though the US Dollar faces headwinds ahead of the release of US inflation data. At the time of writing, XAU/USD trades at $4,157, down 0.37%.

Silver Price Forecast: XAG/USD struggles near two-month lows ahead of US CPI

Silver (XAG/USD) trades on the back foot on Tuesday, losing more than 1.5% as hawkish Federal Reserve (Fed) expectations and elevated US Treasury yields weigh on the non-yielding metal.

New Zealand Dollar recovers on weaker US Dollar, softer Oil ahead key US CPI

NZD/USD rebounds on Tuesday, trading around 0.5610 at the time of writing, up 0.42% on the day. The pair recovered some of its recent losses after hitting its lowest level since April 2025 near 0.5580.

Canadian Dollar recovers as softer US Dollar offers relief ahead of US CPI

USD/CAD falls around 0.45% on Tuesday as US Dollar (USD) bulls take a breather ahead of Wednesday’s US inflation report.

Dollar Index slips from its 18-month high before US CPI

The September Consumer Price Index (CPI) is due on Wednesday at 12:30 GMT, with headline inflation forecast to rise to 3.6% from 3.4%. Core prices, which leave out food and energy, are forecast up 0.2% in the month against 0.6% overall.

British Pound finds fresh momentum as BoE hawks set stage for US CPI

The Pound Sterling (GBP) gains against the US Dollar (USD) on Tuesday, up 0.28%, as investors seem confident the Bank of England (BoE) will raise rates at its November meeting, while they brace for the release of US inflation figures. At the time of writing, GBP/USD trades at 1.3244.

Neither a breakout nor a reversal: What OCBC, Commerzbank and ING expect from the US Dollar

Three banks agree the US Dollar (USD) is on solid footing for now, but none expects a decisive breakout or a sharp reversal soon. OCBC, Commerzbank and ING credit the Greenback's support to higher Oil prices, firm US yields and sticky Federal Reserve (Fed) tightening expectations.

Taiwan Dollar: Monetary tightening and housing recovery – DBS

DBS economist Ma Tieying expects the Central Bank of the Republic of China to raise its policy discount rate by 12.5bp to 2.125% in December as CPI stays above 2% and electricity price risks build.

Euro finds support from softer US Dollar, French fiscal risks linger

EUR/USD gains ground on Tuesday as the US Dollar (USD) retreats from recent highs, giving the Euro (EUR) some breathing room despite persistent concerns over France’s fiscal and political outlook. At the time of writing, the pair trades around 1.1192, up 0.33% on the day.

British Pound: Upside momentum builds against Euro – Societe Generale

Societe Generale strategists note EUR/GBP has continued its pullback after failing at the 0.8610 graphical hurdle linked to the February and March troughs. The cross has slipped below the July lows, reinforcing prevailing downside momentum.

Canadian Dollar: Modest gains against US Dollar - Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret reports the Canadian Dollar (CAD) up 0.2% versus the US Dollar (USD) but underperforming other G10 currencies, with markets still pricing Bank of Canada (BoC) tightening into year-end despite weak labour data.

Australian Dollar : Key support at 0.6935 in focus against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD slipping as the stronger US Dollar weighs on commodity currencies. Short‑term momentum has turned lower, with scope for a test of major support at 0.6935, though a sustained break is seen as unlikely.

Australian Dollar edges higher amid softer US Dollar, hawkish RBA

AUD/USD edges higher on Tuesday as a pullback in US Treasury yields weighs on the US Dollar (USD), pulling it away from recent highs. Meanwhile, hawkish signals from the Reserve Bank of Australia (RBA) provide underlying support to the Australian Dollar (AUD).

Indian Rupee: RBI defense limits losses against US Dollar – Societe Generale

Societe Generale's strategists note that the INR has rallied further, with USD/INR looking to break below the 95 handle as the RBI intensifies its FX defense. The central bank extended FX curbs to GIFT City and broadened use of risk reserves.

US Dollar: Supported but capped by CPI risks – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong argue the US Dollar (USD) remains supported by higher Oil prices, firm US yields and resilient Federal Reserve (Fed) expectations, but not yet breaking out of its recent range. They note markets are focused on energy, US inflation and earnings, with a decisive USD move likely requiring a meaningful upside surprise in core CPI. The base case is for a supported but range-bound USD.

Gold struggles to reclaim $4,200 as Fed interest rate hike risks persist, US CPI looms

Gold (XAU/USD) reverses earlier gains on Tuesday as US Treasury yields recover after falling earlier in the day. With the US Dollar (USD) still under pressure, the metal trades little changed during American trading hours.

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