EUR/USD Price Analysis: Bulls lose steam as correction unfolds
EUR/USD Price Analysis: Bulls lose steam as correction unfolds
EUR/USD moved lower on Wednesday after the European session, retreating toward the 1.0895 zone following recent strong gains.
EURUSD
Majors
Currencies
Technical Analysis
Trump after call with Zelensky: We are very much on track
Trump after call with Zelensky: We are very much on track
Trump says readout will be released shortly
Politics
ukraine
GBP/USD slips below 1.30 as traders brace for FOMC’s decision
GBP/USD slips below 1.30 as traders brace for FOMC’s decision
The Pound Sterling dropped 0.20% against the Greenback during the North American session as traders await the Federal Reserve's monetary policy decision.
GBPUSD
Majors
Fundamental Analysis
Technical Analysis
EIA weekly crude oil inventories +1745K vs +512K expected
EIA weekly crude oil inventories +1745K vs +512K expected
The weekly US EIA storage report for the week ending March 14
USD/JPY revisits two-week high of 150.00 with Fed policy in focus
USD/JPY revisits two-week high of 150.00 with Fed policy in focus
The USD/JPY pair jumps to near the psychological level of 150.00 in North American trading hours on Wednesday.
USDJPY
Fed
BOJ
Inflation
DollarIndex
GBP tracks peers on the day – Scotiabank
GBP tracks peers on the day – Scotiabank
Pound Sterling (GBP) is softer on the session, in line with its G10 peers, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Technical Analysis
Banks
EUR drifts lower after another failure around 1.0950 – Scotiabank
EUR drifts lower after another failure around 1.0950 – Scotiabank
Spot has drifted a little lower through the overnight session after failing to progress through the mid-1.09s.
EURUSD
Technical Analysis
Banks
EUR drifts lower after another failure around 1.0950 – Scotiabank
EUR drifts lower after another failure around 1.0950 – Scotiabank
Spot has drifted a little lower through the overnight session after failing to progress through the mid-1.09s.
EURUSD
Technical Analysis
Banks
CAD slips back from probe through upper 1.42s – Scotiabank
CAD slips back from probe through upper 1.42s – Scotiabank
The Canadian Dollar (CAD) rebound petered out below 1.43 yesterday.
USDCAD
Technical Analysis
Banks
USD lifted by short-covering into FOMC – Scotiabank
USD lifted by short-covering into FOMC – Scotiabank
Markets are settling into ranges as investors curb risk-taking ahead of the FOMC.
DollarIndex
Technical Analysis
Banks
US dollar firms with US equities set to open higher
US dollar firms with US equities set to open higher
Some moderate USD buying rolling through
AUD/USD slumps to near 0.6330 as USD rebounds ahead of Fed’s policy
AUD/USD slumps to near 0.6330 as USD rebounds ahead of Fed’s policy
AUD/USD corrects further to near 0.6330 as the US Dollar bounces back ahead of the Fed’s monetary policy decision and dot plot.
AUDUSD
Fed
RBA
Employment
InterestRate
ECB's Villeroy: Timing and size of ECB rate cuts depend on data
ECB's Villeroy: Timing and size of ECB rate cuts depend on data
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Wednesday that the timing and the size of the ECB rate cuts will depend on data.
ECB
CentralBanks
Canada Teranet February house price index -0.1% m/m vs -0.1% prior
Canada Teranet February house price index -0.1% m/m vs -0.1% prior
The Teranet-National Bank Composite House Price Index for February
April 2 Trump tariff strategy growing more clear
April 2 Trump tariff strategy growing more clear
April 2 will see countries 'assigned a number' but those tariffs won't be placed immediately
US Dollar sees markets ignore geopolitical phone calls and focusses on Fed decision
US Dollar sees markets ignore geopolitical phone calls and focusses on Fed decision
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, ticks up to 103.67 at the time of writing on Wednesday. The surge in the Greenback came on the back of a steep pop of over 5% in the USD
DollarIndex
Macroeconomics
UnitedStates
SEO
ForexLive European FX news wrap: Dollar firmer with eyes on the Fed
ForexLive European FX news wrap: Dollar firmer with eyes on the Fed
Forex news from the European morning session on Mar 19, 2025
Session wrap
Wrap Europe
What are analysts saying ahead of the Fed later?
What are analysts saying ahead of the Fed later?
A couple of notes before the main event later in the day
USD/CAD Price Forecast: Holds key 1.4300 level ahead of Fed’s monetary policy decision
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
USD/CAD Price Forecast: Holds key 1.4300 level ahead of Fed’s monetary policy decision
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
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/CAD holds high above 1.4247 – ING
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
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
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
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
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
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
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
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
Eurozone February final CPI +2.3% vs +2.4% y/y prelim
Latest data released by Eurostat - 19 March 2025
Fed's Powell: We are not going to be in any hurry to move on rate cuts
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
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
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
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
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