ECB president Lagarde says must set policy so inflation converges to 2% target
3 months ago
ECB president Lagarde says must set policy so inflation converges to 2% target
By Forex Live
ECB president Lagarde says must set policy so inflation converges to 2% target
Remarks by ECB president, Christine Lagarde
USD: Room to rebound – ING
3 months ago
USD: Room to rebound – ING
By Fxstreet
USD: Room to rebound – ING
Global risk sentiment continued to sour yesterday as President Trump announced he’d double tariffs on Canadian steel and aluminum to 50%, and later pulled the threat as Ontario suspended a 25% surcharge on electricity exports.
DollarIndex
Technical Analysis
Banks
EUR/USD: More likely to consolidate in a 1.0870/1.0950 range – UOB Group
3 months ago
EUR/USD: More likely to consolidate in a 1.0870/1.0950 range – UOB Group
By Fxstreet
EUR/USD: More likely to consolidate in a 1.0870/1.0950 range – UOB Group
Further sustained rise in Euro (EUR) vs US Dollar (USD) seems unlikely; it is more likely to consolidate in a 1.0870/1.0950 range.
EURUSD
Technical Analysis
Banks
WTI advances to near $66.50, upside seems limited due to rising US growth concerns
3 months ago
WTI advances to near $66.50, upside seems limited due to rising US growth concerns
By Fxstreet
WTI advances to near $66.50, upside seems limited due to rising US growth concerns
West Texas Intermediate (WTI) Oil price gains ground for the second successive day, trading $66.40 during the European hours on Wednesday.
Oil
WTI
Macroeconomics
Commodities
Majors
Trading Tech Firm 4OTC Lands Key CME Executive for Banking Strategy Expansion
3 months ago
Trading Tech Firm 4OTC Lands Key CME Executive for Banking Strategy Expansion
By Finance Magnates
Trading Tech Firm 4OTC Lands Key CME Executive for Banking Strategy Expansion
FinTech connectivity provider 4OTC has appointed Kyle Jannece as Head of Business Development. In this role, Jannece will lead the company's efforts to work with banks in both cryptocurrency and FX markets.
4otc
executive move
Crude oil price today: WTI price bullish at European opening
3 months ago
Crude oil price today: WTI price bullish at European opening
By Fxstreet
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session.
Oil
WTI
Commodities
Bullish
USDJPY Technical Analysis – Focus on the US CPI
3 months ago
USDJPY Technical Analysis – Focus on the US CPI
By Forex Live
USDJPY Technical Analysis – Focus on the US CPI
The USDJPY pair is testing a key level ahead of the US CPI release. What’s next?
JPY
USD
EUR: Still rather expensive – ING
3 months ago
EUR: Still rather expensive – ING
By Fxstreet
EUR: Still rather expensive – ING
EUR/USD received some extra support yesterday from the news that Ukraine agreed to a 30-day truce with Russia, but has retreated from the 1.095 highs to just under 1.090 as the dollar started to recover and the EU announced €26bn worth of retaliatory tariffs against the US.
EURUSD
Technical Analysis
Banks
European indices look for a bounce at the open today
3 months ago
European indices look for a bounce at the open today
By Forex Live
European indices look for a bounce at the open today
The risk mood is holding up for now but all eyes are on the US CPI report later to settle the score
Stocks
Pound Sterling refreshes four-month high against US Dollar on soft US Inflation report
3 months ago
Pound Sterling refreshes four-month high against US Dollar on soft US Inflation report
By Fxstreet
Pound Sterling refreshes four-month high against US Dollar on soft US Inflation report
The Pound Sterling (GBP) posts a fresh four-month high at 1.2980 against the US Dollar (USD) in Wednesday’s North American session.
GBPUSD
Fed
BOE
Inflation
SEO
EUR/GBP holds losses near 0.8450 due to cautious tone surrounding the BoE policy outlook
3 months ago
EUR/GBP holds losses near 0.8450 due to cautious tone surrounding the BoE policy outlook
By Fxstreet
EUR/GBP holds losses near 0.8450 due to cautious tone surrounding the BoE policy outlook
EUR/GBP halts its seven-day winning streak, trading around 0.8430 during the European hours on Wednesday.
EURGBP
Crosses
Macroeconomics
Eurozone
UnitedKingdom
Japan’s Hayashi: I would like to have close communication with the US over auto tariffs
3 months ago
Japan’s Hayashi: I would like to have close communication with the US over auto tariffs
By Fxstreet
Japan’s Hayashi: I would like to have close communication with the US over auto tariffs
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi noted on Wednesday that “I would like to have close communication with the US over auto tariffs.” Additional quotes It's regrettable that the US went ahead with steel and aluminum tariff despite our request for exemption.
Japan
USDJPY
TradeWar
UnitedStates
Heads up: We'll have a bunch of ECB speakers coming up
3 months ago
Heads up: We'll have a bunch of ECB speakers coming up
By Forex Live
Heads up: We'll have a bunch of ECB speakers coming up
ECB policymakers are attending the 'ECB and Its Watchers' event in Frankfurt today
What are the main events for today?
3 months ago
What are the main events for today?
By Forex Live
What are the main events for today?
The US CPI and the BoC Rate Decision are the main highlight
market overview
Forex Today: Markets take a break from tariff headlines, focus on BoC and US inflation
3 months ago
Forex Today: Markets take a break from tariff headlines, focus on BoC and US inflation
By Fxstreet
Forex Today: Markets take a break from tariff headlines, focus on BoC and US inflation
Here is what you need to know on Wednesday, March 12: Following a volatile American session that was dominated by tariff headlines on Tuesday, financial markets quiet down early Wednesday.
Majors
Currencies
Macroeconomics
Inflation
Commodities
Eurostoxx futures +0.4% in early European trading
3 months ago
Eurostoxx futures +0.4% in early European trading
By Forex Live
Eurostoxx futures +0.4% in early European trading
A slight bounce slated for the open after the late recovery in Wall Street
Stocks
Why Is XRP Price Going Up Today? Trump Influences Crypto Again, XRP Rises 8%
3 months ago
Why Is XRP Price Going Up Today? Trump Influences Crypto Again, XRP Rises 8%
By Finance Magnates
Why Is XRP Price Going Up Today? Trump Influences Crypto Again, XRP Rises 8%
XRP News: Discover why XRP price is rising today, March 12, 2025. From regulatory wins and Trump’s trade war shift to Lummis’ BITCOIN Act, explore the key reasons behind XRP’s 8% surge.
XRP News
XRP
ripple. xrp
US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed
3 months ago
US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed
By Fxstreet
US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers to near 103.55 after bouncing off four-month lows around 103.20.
DollarIndex
Technical Analysis
BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices
3 months ago
BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices
By Fxstreet
BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices
The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.” Additional quotes Underlying inflation still remains below 2%.
BOJ
CentralBanks
InterestRate
USDJPY
BOJ governor Ueda: Underlying inflation still remains below 2%
3 months ago
BOJ governor Ueda: Underlying inflation still remains below 2%
By Forex Live
BOJ governor Ueda: Underlying inflation still remains below 2%
Remarks by BOJ governor, Kazuo Ueda
FX option expiries for 12 March 10am New York cut
3 months ago
FX option expiries for 12 March 10am New York cut
By Forex Live
FX option expiries for 12 March 10am New York cut
A look at what is on the board for today
UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.
3 months ago
UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.
By Fxstreet
UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.
UK Trade Minister Jonathan Reynolds said on Wednesday that they are “negotiating a wider economic agreement to eliminate additional tariffs.” Further comments It's disappointing that the US has imposed global tariffs on steel and aluminum.
UnitedKingdom
TradeWar
UnitedStates
GBPUSD
X Open Hub Releases eBook to Guide Brokers into the New Era
3 months ago
X Open Hub Releases eBook to Guide Brokers into the New Era
By Finance Magnates
X Open Hub Releases eBook to Guide Brokers into the New Era
‘Navigating 2025: Smart Brokerage Strategies for a Volatile Market’ is an invaluable resource for brokers in light of looming liquidity shortages.
X Open Hub
EC President von der Leyen: EU responds with countermeasures to US tariffs on steel
3 months ago
EC President von der Leyen: EU responds with countermeasures to US tariffs on steel
By Fxstreet
EC President von der Leyen: EU responds with countermeasures to US tariffs on steel
European Commission President Ursula von der Leyen said on Wednesday that the European Union (EU) has launched 'swift and proportionate countermeasures' on US imports in the EU in response to steel tariffs.
Eurozone
TradeWar
EURUSD
RiskAversion
Little on the agenda today as the focus is on the US CPI report
3 months ago
Little on the agenda today as the focus is on the US CPI report
By Forex Live
Little on the agenda today as the focus is on the US CPI report
No major releases coming up in European morning trade
economic calendar
USD/CHF strengthens to near 0.8850 ahead of US CPI inflation release
3 months ago
USD/CHF strengthens to near 0.8850 ahead of US CPI inflation release
By Fxstreet
USD/CHF strengthens to near 0.8850 ahead of US CPI inflation release
The USD/CHF pair trades in positive territory for the third consecutive day near 0.8840 during the early European session on Wednesday.
USDCHF
Majors
Macroeconomics
EU says to respond to US steel, aluminum tariffs with countermeasures
3 months ago
EU says to respond to US steel, aluminum tariffs with countermeasures
By Forex Live
EU says to respond to US steel, aluminum tariffs with countermeasures
The counter tariffs applied will try and match the €26 billion worth of tariffs by the US, starting from next month
Politics
FCA to Abandon Public Interest Test under “Name and Shame” Plans
3 months ago
FCA to Abandon Public Interest Test under “Name and Shame” Plans
By Finance Magnates
FCA to Abandon Public Interest Test under “Name and Shame” Plans
The British financial market regulator is about to announce its decision to scrap most of its controversial plan to “name and shame” more UK companies under investigation amid criticism from the pu...
Financial Conduct Authority
united-kingdom
USD/MXN Price Forecast: Seems vulnerable while below 100-day SMA; US CPI awaited
3 months ago
USD/MXN Price Forecast: Seems vulnerable while below 100-day SMA; US CPI awaited
By Fxstreet
USD/MXN Price Forecast: Seems vulnerable while below 100-day SMA; US CPI awaited
The USD/MXN pair struggles for a firm intraday direction on Wednesday and oscillates in a narrow trading band, around the 20.2790-20.2795 region through the Asian session.
USDMXN
Technical Analysis
Fed
Inflation
Currencies
EUR/JPY climbs above 161.50 amid a slight uptick in global risk sentiment
3 months ago
EUR/JPY climbs above 161.50 amid a slight uptick in global risk sentiment
By Fxstreet
EUR/JPY climbs above 161.50 amid a slight uptick in global risk sentiment
EUR/JPY continues its upward momentum for the second consecutive day, trading around 161.60 during Wednesday’s Asian session.
EURJPY
Crosses
Macroeconomics
Japan
Eurozone
UK trade minister says negotiating with the US to eliminate additional tariffs
3 months ago
UK trade minister says negotiating with the US to eliminate additional tariffs
By Forex Live
UK trade minister says negotiating with the US to eliminate additional tariffs
Remarks by UK trade minister, Jonathan Reynolds
Gold price remains confined in a range near weekly top ahead of US inflation data
3 months ago
Gold price remains confined in a range near weekly top ahead of US inflation data
By Fxstreet
Gold price remains confined in a range near weekly top ahead of US inflation data
Gold price (XAU/USD) trades near the weekly high during the Asian session on Wednesday and looks to build on the previous day's goodish rebound from the $2,880 region, or a one-week low.
Gold
Commodities
TradeWar
SEO
CPI
India Gold price today: Gold steadies, according to FXStreet data
3 months ago
India Gold price today: Gold steadies, according to FXStreet data
By Fxstreet
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet.
Gold
India
Commodities
Metals
EUR/USD declines to near 1.0900 on renewed US Dollar demand, US CPI data looms
3 months ago
EUR/USD declines to near 1.0900 on renewed US Dollar demand, US CPI data looms
By Fxstreet
EUR/USD declines to near 1.0900 on renewed US Dollar demand, US CPI data looms
The EUR/USD pair attracts some sellers to near 1.0900, snapping the three-day winning streak during the Asian trading hours on Wednesday.
EURUSD
Majors
Macroeconomics
Honda agrees to ¥15,000 average monthly wage hike for 2025
3 months ago
Honda agrees to ¥15,000 average monthly wage hike for 2025
By Forex Live
Honda agrees to ¥15,000 average monthly wage hike for 2025
That compares to the union demand of ¥19,500
Trump's steel and aluminum tariffs take effect
3 months ago
Trump's steel and aluminum tariffs take effect
By Forex Live
Trump's steel and aluminum tariffs take effect
This is the 25% tariffs as what was touted before
Politics
USD/CAD holds gains near 1.4450 ahead of US CPI data, BoC interest rate decision
3 months ago
USD/CAD holds gains near 1.4450 ahead of US CPI data, BoC interest rate decision
By Fxstreet
USD/CAD holds gains near 1.4450 ahead of US CPI data, BoC interest rate decision
USD/CAD maintains its gains after a previous session of losses, trading around 1.4440 during Asian hours on Wednesday.
USDCAD
Majors
Macroeconomics
TradeWar
BOC
ForexLive Asia-Pacific FX news wrap: EUR/USD drifted back under 1.09 (barely)
3 months ago
ForexLive Asia-Pacific FX news wrap: EUR/USD drifted back under 1.09 (barely)
By Forex Live
ForexLive Asia-Pacific FX news wrap: EUR/USD drifted back under 1.09 (barely)
Forex news for Asian trading on Wednesday, March 12, 2025
Session wrap
Wrap Asia
Silver Price Forecast: XAG/USD hovers near $33.00, four-month highs
3 months ago
Silver Price Forecast: XAG/USD hovers near $33.00, four-month highs
By Fxstreet
Silver Price Forecast: XAG/USD hovers near $33.00, four-month highs
Silver price (XAG/USD) loses ground after registering gains in the previous session, trading around $32.80 during the Asian hours on Wednesday.
Silver
XAGUSD
Technical Analysis
Commodities
Metals
GBP/USD trades with negative bias below mid-1.2900s, downside seems limited ahead of US CPI
3 months ago
GBP/USD trades with negative bias below mid-1.2900s, downside seems limited ahead of US CPI
By Fxstreet
GBP/USD trades with negative bias below mid-1.2900s, downside seems limited ahead of US CPI
The GBP/USD pair edges lower during the Asian session on Wednesday and erodes a part of the previous day's strong move up to over a four-month peak, around the 1.2965 area.
GBPUSD
Inflation
Fed
TradeWar
Currencies
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