Forex News

USD/CAD Price Forecast: Holds key 1.4300 level ahead of Fed’s monetary policy decision

News Discussion Forum

By Fxstreet

USD/CAD Price Forecast: Holds key 1.4300 level ahead of Fed’s monetary policy decision

The USD/CAD pair rises to near 1.4330 in European trading hours on Wednesday.

USDCAD

Fed

BOC

Inflation

SupportResistance

News Discussion Forum

By Fxstreet

USD/CAD Price Forecast: Holds key 1.4300 level ahead of Fed’s monetary policy decision

The USD/CAD pair rises to near 1.4330 in European trading hours on Wednesday.

USDCAD

Fed

BOC

Inflation

SupportResistance

US MBA mortgage applications w.e. 14 March -6.2% vs +11.2% prior

News Discussion Forum

By Forex Live

US MBA mortgage applications w.e. 14 March -6.2% vs +11.2% prior

Latest data from the Mortgage Bankers Association for the week ending 14 March 2025

USD

News Discussion Forum

By Fxstreet

USD/CAD holds high above 1.4247 – ING

USD/CAD is holding above its 100-day moving average at 1.4247, BBH's FX analysts report.

USDCAD

Technical Analysis

Banks

NZD/USD can trade below equilibrium to attract foreign investments – BBH

News Discussion Forum

By Fxstreet

NZD/USD can trade below equilibrium to attract foreign investments – BBH

NZD/USD retraced some of this week’s gains on USD strength, BBH's FX analysts report.

NZDUSD

Technical Analysis

Banks

USD/CNH: Expected to trade between 7.2200 and 7.2430 – UOB Group

News Discussion Forum

By Fxstreet

USD/CNH: Expected to trade between 7.2200 and 7.2430 – UOB Group

US Dollar (USD) is expected to trade between 7.2200 and 7.2430 vs Chinese Yuan (CNH).

USDCNH

Technical Analysis

Banks

USD/CHF Price Forecast: Strives to gain ground near 0.8750 ahead of Fed policy

News Discussion Forum

By Fxstreet

USD/CHF Price Forecast: Strives to gain ground near 0.8750 ahead of Fed policy

The USD/CHF pair attracts bids near the three-month low of 0.8750 during European trading hours on Wednesday.

USDCHF

Fed

SNB

Inflation

SupportResistance

USD/JPY faces important resistance at the 200-MA around 152.00 – BBH

News Discussion Forum

By Fxstreet

USD/JPY faces important resistance at the 200-MA around 152.00 – BBH

The Bank of Japan (BOJ) delivered a cautious hold and warns against a weaker Japanese Yen (JPY), BBH's FX analysts report.

USDJPY

Technical Analysis

Banks

USD/JPY: Likely entered a 148.80/149.90 range trading phase – UOB Group

News Discussion Forum

By Fxstreet

USD/JPY: Likely entered a 148.80/149.90 range trading phase – UOB Group

US Dollar (USD) has likely entered a 148.80/149.90 range trading phase vs Japanese Yen (JPY).

USDJPY

Technical Analysis

Banks

EUR/USD corrects as US Dollar rebounds ahead of Fed's policy decision

News Discussion Forum

By Fxstreet

EUR/USD corrects as US Dollar rebounds ahead of Fed's policy decision

EUR/USD corrects to near 1.0900 in Wednesday’s New York session after posting a fresh five-month high near 1.0955 the previous day.

EURUSD

ECB

Fed

RussianFederation

SEO

EUR/USD declines as US Dollar strengthens ahead of Fed decision

News Discussion Forum

By Fxstreet

EUR/USD declines as US Dollar strengthens ahead of Fed decision

EUR/USD falls sharply to slightly below 1.0900 in Wednesday’s European session after posting a fresh five-month high near 1.0955 the previous day.

EURUSD

ECB

Fed

RussianFederation

SEO

Eurozone February final CPI +2.3% vs +2.4% y/y prelim

News Discussion Forum

By Forex Live

Eurozone February final CPI +2.3% vs +2.4% y/y prelim

Latest data released by Eurostat - 19 March 2025

EUR

Fed's Powell: We are not going to be in any hurry to move on rate cuts

News Discussion Forum

By Fxstreet

Fed's Powell: We are not going to be in any hurry to move on rate cuts

The United States (US) Federal Reserve (Fed) will announce monetary policy decisions and publish the revised Summary of Economic Projections (SEP), the so-called dot plot, following the March policy meeting on Wednesday.

Fed

CentralBanks

InterestRate

SEO

Silver price today: Silver falls, according to FXStreet data

News Discussion Forum

By Fxstreet

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.

Silver

Commodities

Metals

Gold flat while traders mull upcoming Fed decision

News Discussion Forum

By Fxstreet

Gold flat while traders mull upcoming Fed decision

Gold’s price (XAU/USD) is back to flat around $3,035 at the time of writing on Wednesday after stretching higher and hitting a new all-time high at $3,045 earlier in the day. The positive move came after headlines emerged that authorities detained Istanbul mayor Ekrem Imamoglu, President Tayyip Erdogan's main political rival, on charges including corruption and aiding a terrorist group.

Gold

Commodities

UnitedStates

SEO

Gold hits another new all-time high ahead of the Fed

News Discussion Forum

By Fxstreet

Gold hits another new all-time high ahead of the Fed

Gold’s price (XAU/USD) corrects slightly lower to near $3,030 at the time of writing on Wednesday after stretching higher and hitting a new all-time high at $3,045 earlier in the day.

Gold

Commodities

UnitedStates

SEO

EUR/USD is trading right below 1.0900 – BBH

News Discussion Forum

By Fxstreet

EUR/USD is trading right below 1.0900 – BBH

EUR/USD is down near 1.0900, reflecting the broad bounce in USD, BBH FX analysts report.

EURUSD

Technical Analysis

Banks

USD/JPY inches towards the descending trend line drawn since January – Société Générale

News Discussion Forum

By Fxstreet

USD/JPY inches towards the descending trend line drawn since January – Société Générale

USD/JPY has embarked on a rebound after forming a trough at 146.50 recently, Société Générale's FX analysts note.

USDJPY

Technical Analysis

Banks

Palladium price today: Rare metals down at the start of the European session

News Discussion Forum

By Fxstreet

Palladium price today: Rare metals down at the start of the European session

Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Wednesday, according to FXStreet data.

Platinum

Palladium

Commodities

Silver Price Forecast: XAG/USD depreciates toward $33.50 ahead of Fed policy decision

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD depreciates toward $33.50 ahead of Fed policy decision

Silver price (XAG/USD) retreated after reaching a five-month high of $34.23 on Tuesday, trading around $33.70 per troy ounce during European hours on Wednesday.

Silver

XAGUSD

Macroeconomics

Commodities

Metals

NZD/USD: Rapid buildup in momentum continues to suggest NZD strength – UOB Group

News Discussion Forum

By Fxstreet

NZD/USD: Rapid buildup in momentum continues to suggest NZD strength – UOB Group

New Zealand Dollar (NZD) is likely to trade in a range between 0.5790 and 0.5840.

NZDUSD

Technical Analysis

Banks

EUR/USD to consolidate around current levels in the near term – Danske Bank

News Discussion Forum

By Fxstreet

EUR/USD to consolidate around current levels in the near term – Danske Bank

EUR/USD consolidated above the 1.09 mark after the German Bundestag approved the large fiscal package with a 2/3 majority, Danske Bank's FX analyst Jens Nærvig Pedersen reports.

EURUSD

Technical Analysis

Banks

Levels

Russian forces said to have attacked power system of Ukraine's state railways this morning

News Discussion Forum

By Forex Live

Russian forces said to have attacked power system of Ukraine's state railways this morning

Ceasefire? What ceasefire?

Politics

AUD/USD: Chance for AUD to break above 0.6410 – UOB Group

News Discussion Forum

By Fxstreet

AUD/USD: Chance for AUD to break above 0.6410 – UOB Group

Australian Dollar (AUD) is likely to consolidate between 0.6340 and 0.6385.

AUDUSD

Technical Analysis

Banks

NZD/USD retreats further from YTD peak, slides below 0.5800 ahead of Fed

News Discussion Forum

By Fxstreet

NZD/USD retreats further from YTD peak, slides below 0.5800 ahead of Fed

The NZD/USD pair meets with some supply on Wednesday and moves away from the year-to-date (YTD) top, around the 0.5830 region touched the previous day.

NZDUSD

TradeWar

MiddleEast

Fed

Currencies

News Discussion Forum

By Fxstreet

NZD/USD retreats further from YTD peak, slides below 0.5800 ahead of Fed

The NZD/USD pair meets with some supply on Wednesday and moves away from the year-to-date (YTD) top, around the 0.5830 region touched the previous day.

NZDUSD

TradeWar

MiddleEast

Fed

Currencies

GBP: Not that strong in the crosses – ING

News Discussion Forum

By Fxstreet

GBP: Not that strong in the crosses – ING

GBP/USD broke the key 1.300 resistance yesterday on the back of USD weakness, ING's FX analyst Francesco Pesole notes.

GBPUSD

Technical Analysis

Banks

GBP/USD: Expected to rachet higher in an uneven manner between 1.2955 and 1.3030 – UOB Group

News Discussion Forum

By Fxstreet

GBP/USD: Expected to rachet higher in an uneven manner between 1.2955 and 1.3030 – UOB Group

Pound Sterling (GBP) is expected to rachet higher in an uneven manner between 1.2955 and 1.3030.

GBPUSD

Technical Analysis

Banks

USD: Fed may defy dovish bets for now – ING

News Discussion Forum

By Fxstreet

USD: Fed may defy dovish bets for now – ING

The US Dollar (USD) enters FOMC day with a good deal of bearish momentum.

DollarIndex

Technical Analysis

Banks

News Discussion Forum

By Fxstreet

USD/TRY maintains position near 39.00 amid escalating political risks in Turkey

USD/TRY retreats from its record high of 41.70, reached during early European trading hours on Wednesday, hovering around 38.70 at the time of writing.

USDTRY

Macroeconomics

Turkey

Politics

News Discussion Forum

By Fxstreet

USD/TRY maintains position near 39.00 amid escalating political risks in Turkey

USD/TRY retreats from its record high of 41.70, reached during early European trading hours on Wednesday, hovering around 38.70 at the time of writing.

USDTRY

Macroeconomics

Turkey

Politics

EUR/USD: To trade in a choppy manner between 1.0905 and 1.0970 – UOB Group

News Discussion Forum

By Fxstreet

EUR/USD: To trade in a choppy manner between 1.0905 and 1.0970 – UOB Group

Euro (EUR) could trade in a choppy manner between 1.0905 and 1.0970 vs US Dollar (USD).

EURUSD

Technical Analysis

Banks

EUR: Peak optimism still in the price – ING

News Discussion Forum

By Fxstreet

EUR: Peak optimism still in the price – ING

As widely expected, the German Bundestag approved the debt break constitutional change yesterday.

EURUSD

Technical Analysis

Banks

News Discussion Forum

By Fxstreet

EUR: Peak optimism still in the price – ING

As widely expected, the German Bundestag approved the debt break constitutional change yesterday.

EURUSD

Technical Analysis

Banks

European indices hold lower to kick start the day

News Discussion Forum

By Forex Live

European indices hold lower to kick start the day

Stocks in a more cautious mood to start the session

Stocks

EUR/JPY Price Forecast: Falls to near 162.50; next support appears at nine-day EMA

News Discussion Forum

By Fxstreet

EUR/JPY Price Forecast: Falls to near 162.50; next support appears at nine-day EMA

EUR/JPY pauses its three-day winning streak, hovering around 162.60 during early European trading on Wednesday.

EURJPY

Crosses

Technical Analysis

Pound Sterling declines against US Dollar ahead of Fed-BoE policy decision

News Discussion Forum

By Fxstreet

Pound Sterling declines against US Dollar ahead of Fed-BoE policy decision

The Pound Sterling (GBP) corrects to near 1.2960 after failing to extend the rally above the key level of 1.3000 against the US Dollar (USD) in North American trading hours on Wednesday.

GBPUSD

BOE

Fed

DollarIndex

SEO