Euro Under 1.12 as Fed Holds Firm, but Prices Creep Higher
Euro under 1.12 for the first time since October 14, as traders brace for Wednesday's Fed decision and Thursday's ECB meeting on rates.
Edge-Forex: currency, macro and commodity news
Top stories
LEARN
Best Time to Trade GBPUSD: Session Times, Data and Strategy
Best time to trade GBPUSD: the exact GMT, New York and India IST windows when GBPUSD moves most, backed by real hourly volatility data.
- FOREX
What to Watch as Yen Safe Haven Flows Shake USD/JPY
Yen safe haven flows drove USD/JPY to a five week low before yields reversed the move. Here is what it means for your savings and loans.
- FOREX
Why a Canadian Dollar Win Streak Could Change Your Holiday Budget
The Canadian dollar win streak extends to seven days as Fed-BoC policy splits and rising oil prices pull USD/CAD to a one-month low near 1.3975.
Latest
Full wire- Swiss Franc Retreat: What It Means for Your Holiday Money
- Iran Tensions Dollar Demand: What It Means for Your Holiday Money
- Oil Rally Weakens Euro: What It Means for Your Money
- GBP/USD Breaks 1.3350: Why Your Pound Just Got Stronger
- Falling US Yields Lift the Euro, but Inflation Fights Back
- The Peso Inflation Selloff: What It Means for Your Wallet
- BoE Rate Hike Bets Lift the Pound: What It Means for You
- Why the Swiss Franc Rate Gap Could Cost You on Your Next Trip
- Record Tanker Rates Could Raise Your Petrol Price
- What the Tariff Inflation Report Means for Your Wallet
Market movers
All markets| Instrument | Price | Change | % |
|---|---|---|---|
| USD/JPY | 157.45 | +0.65 | +0.41%up |
| USD/CAD | 1.4028 | +0.0033 | +0.24%up |
| USD/CHF | 0.8262 | +0.0018 | +0.22%up |
| GBP/USD | 1.3348 | −0.0020 | −0.15%down |
| EUR/USD | 1.1188 | −0.0005 | −0.04%down |
| AUD/USD | 0.7024 | +0.0002 | +0.03%up |
| Instrument | Price | Change | % |
|---|---|---|---|
| Natural Gas | 3.036 | +0.434 | +16.68%up |
| Brent | 111.05 | −4.76 | −4.11%down |
| Silver | 52.83 | −1.28 | −2.37%down |
| Copper | 6.549 | +0.041 | +0.63%up |
| Gold | 4,016.20 | −22.20 | −0.55%down |
| WTI Crude | 102.02 | +0.26 | +0.26%up |
The session in numbers
- The dollar index was firmer, +0.14% on the latest ECB fix.
- USD/JPY made the largest currency move, +0.41%.
- Natural Gas led commodities, +16.68%.
- Brent was the weakest, −4.11%.
Currencies: ECB reference rates, updated each business day; dollar index calculated from them. Commodities and yields: front-month futures, delayed about 15 minutes. Not for trading.
Forex
All forexCurrency-market news, analysis and insight.
FOREX
Euro Under 1.12 as Fed Holds Firm, but Prices Creep Higher
Euro under 1.12 for the first time since October 14, as traders brace for Wednesday's Fed decision and Thursday's ECB meeting on rates.
FOREX
What to Watch as Yen Safe Haven Flows Shake USD/JPY
Yen safe haven flows drove USD/JPY to a five week low before yields reversed the move. Here is what it means for your savings and loans.
FOREX
Why a Canadian Dollar Win Streak Could Change Your Holiday Budget
The Canadian dollar win streak extends to seven days as Fed-BoC policy splits and rising oil prices pull USD/CAD to a one-month low near 1.3975.
Macro & central banks
All macroInterest rates, inflation and the institutions setting them.
MACRO
Falling US Yields Lift the Euro, but Inflation Fights Back
Falling US yields are lifting the Euro even as hot PPI and CPI data complicate the outlook. Here is what it means for your money.
MACRO
The Peso Inflation Selloff: What It Means for Your Wallet
The peso inflation selloff sent USD/MXN to 18.60 as hot US CPI fueled Fed rate hike bets. Here is what it means for savers, borrowers and shoppers.
MACRO
What the Tariff Inflation Report Means for Your Wallet
The NY Fed's tariff inflation report shows tariffs added 2.9 points to prices on 67 goods. Here is what it means for the dollar, euro and yen.
MACRO
Eurozone Inflation Spike Could Raise Your Borrowing Costs
Eurozone inflation spike to 3.8% raises ECB pressure, but oil prices and France's fiscal worries keep euro buyers away as EUR/USD hovers near lows.
MACRO
CPI Dollar Trading Outlook: Reading the Fed’s Next Move
The CPI dollar trading outlook shifts as inflation matches forecasts. See which pairs move and how traders should position now.
| Bank | Rate | As of |
|---|---|---|
| Federal ReserveUS | 3.75–4.00%+0.25 | |
| ECBEuro area | 2.50%+0.25 | |
| Bank of EnglandUK | 3.75%−0.25 | |
| Bank of JapanJapan | 1.25%+0.25 | |
| Swiss National BankSwitzerland | 0.00%−0.25 |
Source: Bank for International Settlements, daily central bank policy rate series. The figure beside each rate is its last change.
Commodities
All commoditiesOil, gold, gas and the industrial complex.
COMMODITIES
Oil Rally Weakens Euro: What It Means for Your Money
Oil rally weakens euro as Mideast tensions and Ukraine strikes lift crude, sending EUR/CAD lower. Here's what it means for savers, travelers and borrowers.
Global economy & analysis
All analysis
Fiery Presidential Debate: Harris Slams Trump on Russia
In the fiery Presidential Debate: Kamala Harris confronts Donald Trump over his stance on the Russia-Ukraine War and Vladimir Putin.
Analysis
- ANALYSIS
USD Forex Trading: Dollar Going Up or Down with Trump’s Tariffs?
March 2025 – USD forex trading faces uncertainty as Trump’s tariffs return. Will the dollar rise or fall? Explore key forex strategies now!
Vinit MakolLead Strategist and Market Analyst at Edge-Forex
- ANALYSIS
Trump China Tariffs and the Yuan: Will It Weaken or Get Stronger?
March 2025: How will Trump China tariffs impact the yuan? Will it weaken or gain strength? Explore key forex strategies.
Vinit MakolLead Strategist and Market Analyst at Edge-Forex
- ANALYSIS
Trump Trade War Impact on Forex
March 2025: The Trump trade war impact on forex creates volatility, reshaping global trade and demanding strong forex risk management strategies.
Vinit MakolLead Strategist and Market Analyst at Edge-Forex
- ANALYSIS
Germany Wind Energy Forex Impact: Will the Euro Rise or Fall?
Germany wind energy forex impact in February 2025: How will renewable growth and policy shifts affect the euro?
Vinit MakolLead Strategist and Market Analyst at Edge-Forex
- ANALYSIS
Koloma Leads Geologic Hydrogen Push in Global Energy Shift
Koloma drives the geologic hydrogen industry forward, aiming to revolutionize clean energy with a carbon-free resource.
Vinit MakolLead Strategist and Market Analyst at Edge-Forex
- ANALYSIS
UK Economy Stagnates in July, Facing Tough Road Ahead
The UK economy stagnated with no GDP growth, raising concerns about recovery amidst looming tax raises and interest rate shifts.
Vinit MakolLead Strategist and Market Analyst at Edge-Forex
Learn
All guidesPlain-English guides to trading, risk and the mechanics of the market.
Start here
Best Time to Trade GBPUSD: Session Times, Data and Strategy
Best time to trade GBPUSD: the exact GMT, New York and India IST windows when GBPUSD moves most, backed by real hourly volatility data.
Forex Order Types Explained: Market, Limit, and Stop Orders
Forex order types explained for beginners: market, limit, stop, stop-limit, and trailing stop orders, plus how to choose the right one for your trade.
What Is the Best Leverage for a Forex Beginner?
What is the best leverage for a forex beginner? Match leverage to your account size and risk plan with this practical, no-hype comparison guide.
How Does Forex Trading Work? A Step-by-Step Breakdown
How does forex work step by step? A plain-English walkthrough of one forex trade, from quote to close, plus honest capital and skill expectations.
How to Calculate Position Size and Risk in Forex Trading
Learn how to calculate risk management in forex with one worked example that turns account balance, stop-loss distance, and risk % into an exact lot size.
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