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Forex and Currency News Archive
Crude Oil - Canada’s Seaborne Oil Exports Surged in March
A record number of oil cargos departed from Vancouver Port in March, driven by the expanded Trans Mountain pipeline.
USDJPY - USD/JPY Price Forecast: Not out of the woods yet amid US tariffs-inspired flight to safety
USD/JPY drops to a fresh multi-month low and is pressured by a combination of factors.
Gold Price - Gold Price Surges to Another Record High
Gold prices hit a fresh intraday record Monday, as skittish investors seek refuge from hard-hit equity and bond markets. Gold futures gained over 2% from Thursday's settling price to breach $3,400 for the first time.
Oil Price - Oil falls on signs of progress in U.S.-Iran talks amid more market stress
Oil prices fell 1.5% on Monday on signs of progress in talks between the U.S. and Iran while investors remained concerned about economic headwinds from tariffs which could curb demand for fuel. Brent ...
GBPUSD - GBP/USD Forecast: Pound Sterling remains on track to post weekly gains
GBP/USD consolidates weekly gains above 1.3250 in the European session. The pair's action is expected to remain subdued on Easter Friday. The near-term technical outlook suggests that the bullish bias ...
EURUSD - EUR/USD Forecast: Euro struggles to stretch higher after ECB
EUR/USD trades in a narrow channel at around 1.1370 after closing in negative territory on Thursday. With major financial markets remaining closed in observance of the Easter Holiday on Friday, the ...
USDJPY - USD/JPY Price Forecast: Attempted recovery is likely to get sold into amid trade war woes
A positive risk tone undermines the JPY and acts as a tailwind amid a modest USD uptick. The USD/JPY pair stages a goodish recovery from the 141.60 region, or its lowest level since September 2024 ...
GBPUSD - US Dollar Forecast: Holds Firm as ECB Eyes Rate Cut to 2.40% – GBP/USD and EUR/USD
The US dollar steadies near 99.58 as strong retail sales and Fed hawkishness offset ECB rate cut bets, pressuring EUR/USD and GBP/USD direction.
Brent Oil - Oil prices fall by more than 1%, Brent below $64
Oil prices declined today, April 16, as markets assessed the potential impact of the US-China trade war on economic growth and energy demand, amid exp ...
EURUSD - EUR/USD bounces back as investors doubt USD’s safe-haven appeal
Analysts at ING see the EUR/USD pair advancing to 1.1500 due to “weakening of the US Dollar’s appeal” as a “reserve and safe-haven asset”, while the “Euro’s (EUR) high liquidity” is expected to ...
Crude Oil - Keystone pipeline restarted after oil spill near North Dakota community
The U.S. Pipeline and Hazardous Materials Safety Administration announced on April 14 that South Bow restarted the pipeline at a reduced pressure.
Gold Price - 3 gold price scenarios that could happen this April, according to experts
Gold prices have increased exponentially over the last couple of years, but in recent weeks, things have been a bit more volatile. Case in point: In early April, gold was averaging around $3,140 per ounce. Less than a week later, it had dropped to $2,976, only to near $3,200 within days.
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