Forex News & Analysis

Pound Sterling ticks lower against US Dollar as investors assess Trump tariffs' outcome

By Fxstreet

Pound Sterling ticks lower against US Dollar as investors assess Trump tariffs' outcome

The Pound Sterling (GBP) falls marginally to near 1.2930 against the US Dollar (USD) in Thursday's North American session.

GBPUSD

Fed

BOE

DollarIndex

SEO

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European indices hold lower to kick start the day

News Discussion Forum

By Forex Live

European indices hold lower to kick start the day

The risk mood is under some pressure to start the session

Stocks

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WTI remains below $67.50 as escalating trade tensions overshadow potential demand boost

News Discussion Forum

By Fxstreet

WTI remains below $67.50 as escalating trade tensions overshadow potential demand boost

West Texas Intermediate (WTI) crude Oil price remains subdued after two days of gains, trading around $67.40 per barrel during early European hours on Thursday.

Oil

WTI

Commodities

Macroeconomics

Majors

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IG Group Posts 12% Revenue Jump, tastytrade Hits Record $50.9 Million

News Discussion Forum

By Finance Magnates

IG Group Posts 12% Revenue Jump, tastytrade Hits Record $50.9 Million

IG Group (LSE: IGG ) reported a 12% increase in total revenue for the third quarter of fiscal year 2025 (Q3 FY25), reaching £268.0 million as stronger market conditions and an uptick in active clie...

IG Group

FY 2025

financial-results

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Switzerland February producer and import prices +0.3% vs +0.1% m/m prior

News Discussion Forum

By Forex Live

Switzerland February producer and import prices +0.3% vs +0.1% m/m prior

Latest data released by the Federal Statistics Office - 13 March 2025

CHF

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Forex Today: Risk recovery loses steam ahead of mid-tier data releases

News Discussion Forum

By Fxstreet

Forex Today: Risk recovery loses steam ahead of mid-tier data releases

Here is what you need to know on Thursday, March 13: Following the improvement seen in market sentiment on Wednesday, investors adopt a cautious stance early Thursday.

Majors

Currencies

Macroeconomics

EconomicIndicator

Commodities

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ASIC Sues This Company Over Alleged Four-Year Cybersecurity Failures Involving 385GB of Data

News Discussion Forum

By Finance Magnates

ASIC Sues This Company Over Alleged Four-Year Cybersecurity Failures Involving 385GB of Data

Australia's corporate watchdog has launched federal court proceedings against fixed income specialist FIIG Securities Limited for allegedly maintaining inadequate cybersecurity systems over a four-year period.

Asic

Australia

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News Discussion Forum

By Forex Live

What are the main events for today?

The US PPI and the US Jobless Claims are the main highlights

market overview

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ECB’s Nagel: US trade tariffs on the EU could push Germany into recession this year

News Discussion Forum

By Fxstreet

ECB’s Nagel: US trade tariffs on the EU could push Germany into recession this year

European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel warned in a BBC News interview on Thursday, “US trade tariffs on the European Union (EU) could push Germany into recession this year.” Meanwhile, a Chinese official urged the US to cancel tariffs on steel and aluminium.

ECB

CentralBanks

TradeWar

EURUSD

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Eurostoxx futures -0.2% in early European trading

News Discussion Forum

By Forex Live

Eurostoxx futures -0.2% in early European trading

A more defensive risk mood ahead of the open

Stocks

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News Discussion Forum

By Fxstreet

FX option expiries for Mar 13 NY cut

FX option expiries for Mar 13 NY cut at 10:00 Eastern Time via DTCC can be found below.

Currencies

Options

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USD/CHF remains on the defensive near 0.8800 ahead of US PPI data

News Discussion Forum

By Fxstreet

USD/CHF remains on the defensive near 0.8800 ahead of US PPI data

The USD/CHF pair softens to near 0.8810 during the early European session on Thursday.

USDCHF

Majors

Macroeconomics

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FX option expiries for 13 March 10am New York cut

News Discussion Forum

By Forex Live

FX option expiries for 13 March 10am New York cut

A look at what is on the board for today

USD

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US futures extend losses as tech shares lag

News Discussion Forum

By Forex Live

US futures extend losses as tech shares lag

The slight recovery yesterday is quickly unravelling

Stocks

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USD/MXN Price Forecast: Resumes downside under 100-day EMA below 20.50

News Discussion Forum

By Fxstreet

USD/MXN Price Forecast: Resumes downside under 100-day EMA below 20.50

The USD/MXN pair edges higher to near 20.20 during the early European session on Thursday, bolstered by a modest recovery of the US Dollar (USD).

USDMXN

Technical Analysis

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US Dollar Index Price Forecast: Tests immediate support at 103.50 near four-month lows

News Discussion Forum

By Fxstreet

US Dollar Index Price Forecast: Tests immediate support at 103.50 near four-month lows

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, remains steady after registering gains in the previous session, trading around 103.60 during the Asian hours on Thursday.

DollarIndex

Technical Analysis

Majors

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USD/CAD Price Forecast: Advances to 1.4400 neighborhood; lacks bullish conviction

News Discussion Forum

By Fxstreet

USD/CAD Price Forecast: Advances to 1.4400 neighborhood; lacks bullish conviction

The USD/CAD pair attracts some dip-buyers in the vicinity of mid-1.4300s during the Asian session on Thursday and reverses a part of the previous day's losses.

USDCAD

BOC

Fed

Technical Analysis

Currencies

Bullish

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Risk sentiment on the rocks ahead of European trading

News Discussion Forum

By Forex Live

Risk sentiment on the rocks ahead of European trading

The slight recovery yesterday is struggling to hold up

market overview

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EUR/USD weakens below 1.0900 on trade tensions

News Discussion Forum

By Fxstreet

EUR/USD weakens below 1.0900 on trade tensions

The EUR/USD pair loses ground to around 1.0880 during the Asian trading hours on Thursday.

EURUSD

Macroeconomics

Majors

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Japan's largest industrial union says its members received average 5.37% increase in wages

News Discussion Forum

By Forex Live

Japan's largest industrial union says its members received average 5.37% increase in wages

This is only for full-time workers though

JPY

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Gold price sticks to gains near all-time high ahead of US PPI; bulls shrug off modest USD strength

News Discussion Forum

By Fxstreet

Gold price sticks to gains near all-time high ahead of US PPI; bulls shrug off modest USD strength

Gold price (XAU/USD) trades with a positive bias for the third consecutive day and climbs to over a two-week high, around the $2,942-2,943 region during the Asian session on Thursday.

Gold

Commodities

TradeWar

Fed

SEO

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EUR/JPY falls to near 161.00 as global trade war weigh on market sentiment

News Discussion Forum

By Fxstreet

EUR/JPY falls to near 161.00 as global trade war weigh on market sentiment

EUR/JPY declines after two consecutive sessions of gains, trading around 161.10 during Asian hours on Thursday.

EURJPY

Macroeconomics

Crosses

Eurozone

Japan

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India Gold price today: Gold rises, according to FXStreet data

News Discussion Forum

By Fxstreet

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Thursday, according to data compiled by FXStreet.

Gold

Commodities

Metals

India

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Forexlive Asia-pacific FX news wrap: Gold climbs to a three-week high, nears record

News Discussion Forum

By Forex Live

Forexlive Asia-pacific FX news wrap: Gold climbs to a three-week high, nears record

Forex news for Asian trading on Mar 12, 2025

Session wrap

Wrap Asia

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GBP/USD maintains position above 1.2950 near four-month highs

News Discussion Forum

By Fxstreet

GBP/USD maintains position above 1.2950 near four-month highs

GBP/USD attempts to extend its gains for the third successive day, trading around 1.2960 during the Asian session on Thursday.

GBPUSD

Macroeconomics

Majors

UnitedKingdom

BOE

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BoJ’s Ueda: Underlying inflation is still somewhat below 2%

News Discussion Forum

By Fxstreet

BoJ’s Ueda: Underlying inflation is still somewhat below 2%

Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the “underlying inflation is still somewhat below 2%.” Additional takeaways Expect underlying inflation to gradually accelerate as economy continues to recover.

BOJ

CentralBanks

USDJPY

Inflation

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Bank of America highlights some harrowing numbers on the size of US government spending

News Discussion Forum

By Forex Live

Bank of America highlights some harrowing numbers on the size of US government spending

Why the 'detox' could be ugly

Politics

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Silver Price Forecast: XAG/USD rises to near five-month highs, $33.50 level

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD rises to near five-month highs, $33.50 level

Silver price (XAG/USD) continues its upward momentum for the third consecutive session, hovering around $33.30 per troy ounce during Asian trading hours on Thursday.

Silver

XAGUSD

Macroeconomics

Majors

Commodities

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Japan fin min Kato: Japan still not in a state where we can call end to deflation

News Discussion Forum

By Forex Live

Japan fin min Kato: Japan still not in a state where we can call end to deflation

Comments from Kato

JPY

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Japanese Yen retains its positive bias amid BoJ rate hike bets, weaker USD

News Discussion Forum

By Fxstreet

Japanese Yen retains its positive bias amid BoJ rate hike bets, weaker USD

The Japanese Yen (JPY) edged higher against its American counterpart during the Asian session on Thursday and moves away from the weekly low touched the previous day.

USDJPY

TradeWar

BOJ

Fed

SEO

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USD/INR extends decline ahead of US PPI release

News Discussion Forum

By Fxstreet

USD/INR extends decline ahead of US PPI release

The Indian Rupee (INR) trades with mild losses on Thursday.

USDINR

India

SEO

Macroeconomics

EmergingMarkets

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Japan’s Kato: Still not in a state where we can permanently call end to deflation

News Discussion Forum

By Fxstreet

Japan’s Kato: Still not in a state where we can permanently call end to deflation

Japanese Finance Minister Shunichi Kato said on Thursday that “Japan is still not in a state where we can permanently call an end to deflation.” Additional quotes Japan's economy in state of experiencing supply shortage, rather than lack of demand.

Japan

Inflation

USDJPY

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The message from CERAWeek: US oil production is near a peak

News Discussion Forum

By Forex Live

The message from CERAWeek: US oil production is near a peak

A notable message from Harold Hamm, Scott Sheffield and Vicki Hollub

Oil

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Australian Dollar falls as US Dollar gains ground ahead of PPI data

News Discussion Forum

By Fxstreet

Australian Dollar falls as US Dollar gains ground ahead of PPI data

The Australian Dollar (AUD) offers its daily gains and depreciates against the US Dollar (USD) for the third consecutive session on Thursday.

AUDUSD

SEO

Macroeconomics

Majors

Australia

Répondre

PBOC sets USD/CNY reference rate at 7.1728 vs. 7.1696 previous

News Discussion Forum

By Fxstreet

PBOC sets USD/CNY reference rate at 7.1728 vs. 7.1696 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1728 as compared to the previous day's fix of 7.1696.

USDCNY

PBOC

CentralBanks

Currencies

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