Forex News & Analysis

Iran President: We will continue enrichment

News Discussion Forum

By Forex Live

Iran President: We will continue enrichment

Iran's President not backing down

Politics

US: Initial Jobless Claims rose to 248K last week

News Discussion Forum

By Fxstreet

US: Initial Jobless Claims rose to 248K last week

US citizens filing new applications for unemployment insurance climbed to 248K for the week ending May 31, as reported by the US Department of Labor (DOL) on Thursday. This print came in above the initial estimates and matched the previous week's revised tally.

Employment

UnitedStates

EconomicIndicator

DollarIndex

US headline Producer Prices rose by 2.6% in May

News Discussion Forum

By Fxstreet

US headline Producer Prices rose by 2.6% in May

The most recent statistics from the Bureau of Labour Statistics (BLS) show that Producer Prices increased by 2.6% in May compared to the previous year. The figure was in line with forecasts but a tad higher than April’s 2.4% growth.

UnitedStates

Inflation

EconomicIndicator

EURUSD

DollarIndex

US initial jobless claims 248K versus 240K estimate

News Discussion Forum

By Forex Live

US initial jobless claims 248K versus 240K estimate

Initial and continuing claims for the current week

USD

News Discussion Forum

By Forex Live

US May PPI +2.6% y/y vs +2.6% expected

US PPI for May 2025

USD

ECB’s De Guindos: The euro area economy has proved fairly resilient

News Discussion Forum

By Fxstreet

ECB’s De Guindos: The euro area economy has proved fairly resilient

The vice-president of the European Central Bank, Luis de Guindos, said that the bloc’s economy had proven resilient but faced a number of risks, such as tariffs, that could curb growth.

ECB

EURUSD

Currencies

CentralBanks

The USD is lower led by the EURUSD which is breaking to a new 2025 high. What next?

News Discussion Forum

By Forex Live

The USD is lower led by the EURUSD which is breaking to a new 2025 high. What next?

In the video, I take a look at the EURUSD, USDJPY and GBPUSD to kickstart the US session on June 12.

USD

Initial jobless claims and PPI coming up next

News Discussion Forum

By Forex Live

Initial jobless claims and PPI coming up next

Eyes on the jobs and inflation data

economic calendar

Trump: The great, big, beautiful bill will grow the economy like it has never grown before

News Discussion Forum

By Forex Live

Trump: The great, big, beautiful bill will grow the economy like it has never grown before

Trump post on his Truth Social

Politics

FXBO Adds Brokeree’s PAMM Enabling Shared Accounts for Retail Traders on cTrader

News Discussion Forum

By Finance Magnates

FXBO Adds Brokeree’s PAMM Enabling Shared Accounts for Retail Traders on cTrader

FXBO has integrated Brokeree’s PAMM for cTrader. This system allows cTrader brokers to offer shared investment accounts on their platforms.

FXBO

Brokeree Solutions

retail

retail forex

retail FX

ECB's de Guindos: Recent developments may well have a dampening impact on growth

News Discussion Forum

By Forex Live

ECB's de Guindos: Recent developments may well have a dampening impact on growth

Comments from the ECB policymaker

EUR

ForexLive European FX news wrap: Dollar struggle continues, risk on the defensive

News Discussion Forum

By Forex Live

ForexLive European FX news wrap: Dollar struggle continues, risk on the defensive

Forex news from the European morning session on Jun 12, 2025

Session wrap

Wrap Europe

EUR pushes to fresh multi-year high – Scotiabank

News Discussion Forum

By Fxstreet

EUR pushes to fresh multi-year high – Scotiabank

Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB headlines that have pushed it to levels last seen in November 2021, Scotiabank's Chief FX Strategist Shaun Osborne notes.

EURUSD

Banks

Technical Analysis

CAD reaches fresh recovery high – Scotiabank

News Discussion Forum

By Fxstreet

CAD reaches fresh recovery high – Scotiabank

The Canadian Dollar (CAD) is extending its recent gains and trading at fresh marginal highs, reaching levels last seen in early October, Scotiabank's Chief FX Strategist Shaun Osborne notes.

USDCAD

Banks

Technical Analysis

BOC

Canada

USD weakens broadly as trade headlines compound CPI losses – Scotiabank

News Discussion Forum

By Fxstreet

USD weakens broadly as trade headlines compound CPI losses – Scotiabank

The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Banks

DollarIndex

Technical Analysis

Syria Opens to Crypto as Binance Launches Trading After Years of Restrictions

News Discussion Forum

By Finance Magnates

Syria Opens to Crypto as Binance Launches Trading After Years of Restrictions

Binance has launched operations in Syria, following the easing of sanctions by the United States and the European Union.

binance

crypto

cryptocurrency

EUR/JPY bounces back strongly as ECB signals pause in current policy-easing cycle

News Discussion Forum

By Fxstreet

EUR/JPY bounces back strongly as ECB signals pause in current policy-easing cycle

The EUR/JPY pair revisits the seven-month high near 166.60 during European trading hours on Thursday after recovering initial losses.

EURJPY

ECB

BOJ

InterestRate

DollarIndex

News Discussion Forum

By Fxstreet

US Dollar Index (DXY) dives to fresh three-year lows below 98.00

Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump's ability to cut significant trade deals.Recent Fed-ECB divergence is putting additional pressure on the US Dollar.,A mix of scepticism about US trade deals and hopes of further interest rate cuts by

DollarIndex

Fed

ECB

RiskAversion

Gold prices head toward $3,400 as Bullion bulls step in

News Discussion Forum

By Fxstreet

Gold prices head toward $3,400 as Bullion bulls step in

Gold (XAU/USD) prices are attempting to retest the key psychological level of $3,400, as the US Dollar remains pressured on Thursday.

Gold

XAUUSD

Fed

Commodities

Inflation

USD/CHF accelerates its reversal to levels near 0.8100

News Discussion Forum

By Fxstreet

USD/CHF accelerates its reversal to levels near 0.8100

The US Dollar is being hammered across the board, with the safe-haven CHF rallying on risk aversion.

USDCHF

Currencies

Majors

Levels

EURGBP looks set for a move towards the top of the decade-long range

News Discussion Forum

By Forex Live

EURGBP looks set for a move towards the top of the decade-long range

The divergence between the ECB and BoE is becoming more apparent, and the EU long term fundamentals look brighter than ever

GBP

EUR

Meet Finance Magnates at iFX EXPO International 2025

News Discussion Forum

By Finance Magnates

Meet Finance Magnates at iFX EXPO International 2025

Finance Magnates is heading to iFX EXPO International 2025, taking place from 17th to 19th June 2025 in Limassol. Let's connect and discuss.

iFX EXPO International

Finance Magnates

Brent eyes $72 and $75.40 as next resistance levels – Société Générale

News Discussion Forum

By Fxstreet

Brent eyes $72 and $75.40 as next resistance levels – Société Générale

Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale's FX analysts note, Société Générale's FX analysts note.

Banks

Brent

Oil

Technical Analysis

Levels

A sobering ECB report on the role of the EUR – Commerzbank

News Discussion Forum

By Fxstreet

A sobering ECB report on the role of the EUR – Commerzbank

Some ECB officials, including the President herself, have recently made no secret of their ambitions to establish the euro as the world's new reserve currency, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

Banks

EURUSD

ECB

News Discussion Forum

By Fxstreet

EUR/USD breaks short-term channel – Société Générale

EUR/USD is regaining upside traction after defending its 50-DMA and breaking above a short-term channel, with momentum indicators supporting a test of key resistance levels, Société Générale's FX analysts note.

EURUSD

Technical Analysis

Banks

London’s Fintech Ecosystem Continues to Lead, Headlined by FMLS:25

News Discussion Forum

By Finance Magnates

London’s Fintech Ecosystem Continues to Lead, Headlined by FMLS:25

FMLS:25 is the global trading summit where decisions & investments are made.

london summit

USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group

News Discussion Forum

By Fxstreet

USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group

US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Banks

Technical Analysis

USDCNH

News Discussion Forum

By Fxstreet

USD: The US-China deal – Commerzbank

The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.

DollarIndex

Banks

China

Fed

Technical Analysis

USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group

News Discussion Forum

By Fxstreet

USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group

The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run, Increase in momentum is not sufficient to indicate a sustained advance just yet; US Dollar (USD) must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Pete

USDJPY

Technical Analysis

Banks

EU: Skeleton of a US deal – Standard Chartered

News Discussion Forum

By Fxstreet

EU: Skeleton of a US deal – Standard Chartered

US-EU deal is achievable; it may come after 9 July, but tariff reprieve is likely to be extended. EU likely to consider unilateral tariff cuts and streamlining of regulatory burden to mollify Trump.

Banks

Europe

Politics

UnitedStates

ECB's Muller: Inflation likely to stay around 2% in the near future

News Discussion Forum

By Forex Live

ECB's Muller: Inflation likely to stay around 2% in the near future

Comments from the ECB policymaker

EUR

News Discussion Forum

By Forex Live

Why is Boeing Stock Tanking Today?

And more importantly, watch these possible supports to buy. possibly countering the panic! Always trade BA stock and other stocks at your own risk only, this is not financial advice.

Stock Picks

Stocks

News Discussion Forum

By Fxstreet

DXY: Data matters – OCBC

US Dollar (USD) fell on softer than expected CPI. This puts focus on PPI data tonight (8:30pm) before the lead up to FOMC next week. DXY was last at 98.40 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

DollarIndex

Technical Analysis

Banks