Forex News
DBS Group Research’s Philip Wee highlights that currency markets are consolidating as the April 28 War Powers Resolution deadline approaches, with USD/CNY flattening after an earlier relief rally. He notes that geopolitical tensions between the US and Iran are complicating central bank decisions, with most policymakers expected to keep rates steady while monitoring stagflation risks.
FX volatility stalls into key deadline
"As the currency markets approach the April 28 deadline, volatility has shifted into a tense wait-and-see consolidation, as reflected by the recent flattening of USD/CNY."
"Markets are increasingly hesitant to commit to directional bets after the relief rally that rode the Trump off-ramp hope in the first half of this month."
"The geopolitical tensions complicate the landscape for global central banks, most of which are scheduled to meet next week."
"The consensus expects central banks to maintain steady rates as policymakers grapple with the shadow of stagflation cast by the US-Iranian stand-off."
"Asia’s most oil-dependent currencies – the INR, KRW, and PHP – should continue to fluctuate with oil prices, with authorities standing by to discourage one-way bets on depreciation."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
- Rising US Treasury yields pressures Gold and drags prices to eight-day lows.
- Strong US flash PMIs offset weaker jobless claims and supported yields.
- Middle East headlines and higher Oil prices keep inflation fears elevated.
Gold (XAU/USD) price eases on Thursday as tensions between the US and Iran remain high, while Israel and Lebanon prepare for talks, with both ambassadors in the US set to meet at the White House with President Donald Trump in attendance. At the time of writing, XAU/USD trades at $4,716, down 0.48%, after reaching a daily low of $4,664.
Bullion slides as strong PMIs and rising rates blunt haven appeal
The flow of headlines from the Middle East continues as the Israeli press reported that Iran’s Parliament Speaker Mohammad Bagher Ghalibaf resigned from the negotiating team, citing growing interference from Islamic Revolutionary Guard Corps (IRGC). News from Al Arabiya reported that Israel is on alert in anticipation of a possible resumption of the war by the end of the week.
Meanwhile, the Strait of Hormuz remains shut as the US and Iran continue to seize ships. Recently, WTI Crude Oil prices rose on the headline of Ghalibaf’s resignation, while bullion is extending its losses near $4,700.
In the meantime, economic data in the US revealed that the number of Americans filing for unemployment benefits rose by 214K, exceeding forecasts for a 212K rise.
At the same time, business activity in the US expanded as S&P Global revealed Flash PMIs for April. The S&P Global Manufacturing PMI rose from 52.3 to 54, while the Services PMI increased from 49.8 to 51.3, both exceeding forecasts.
The US 10-year Treasury yield surges nearly 4.5 basis points to 4.349%, a headwind for the yellow metal, which sinks to an eight-day low.
High energy prices are keeping investors pricing in rate hikes by global central banks. At the beginning of 2026, the swaps market expected at least two 25-basis-point rate cuts by the Federal Reserve. So far, they foresee the US central bank holding rates unchanged while eyeing the first rate cut at the July 2027 meeting, as depicted by the Implied Forward Rates curve from Prime Terminal.
Fed implied forward rates
What’s in the US schedule for Friday?
In the US, traders will eye the final revision of the University of Michigan Consumer Sentiment reading for April.
XAU/USD technical outlook: Bears capitalize on headline, further losses seen at $4,650
Gold is posting losses, close to clearing the $4,700 figure and key dynamic support levels, including the 100- and 20-day Simple Moving Averages (SMAs), each at $4,723 and $4,706, respectively.
The Relative Strength Index (RSI) has fallen further into bearish territory, indicating that sellers are gaining steam.
With that said, if XAU/USD clears $4,650, further losses are eyed, with the next area of interest at $4,600. A breach of the latter will expose the December 26 daily high, which has turned into support at $4,549.
For a bullish continuation, Gold must climb above the 100-day SMA and the $4,800 milestone. Above this area, the next key resistance would be the 50-day SMA at $4,876, ahead of $4,900.
Gold FAQs
Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.
Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.
The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.
Headlines indicating that Iranian Parliament speaker Mohammad Bagher Ghalibaf has resigned from the negotiating team, according to Israel N12 News, spurred risk aversion and sent Crude Oil prices sharply up in the American session on Thursday. The US Dollar (USD) also strengthened with the headline, hinting at diluting odds for a deal between the United States (US) and Iran.
Nevertheless, different Iranian journalists have rushed to deny the headlines. Mohammad Ghaderi posted on X:
The ridiculous news from #Israel's Channel 12 that @mb_ghalibaf has resigned from the #Iran's negotiating team, which was also republished by Al Arabiya, is completely false."
Meanwhile, US President Donald Trump stated through Truth Social: "I have all the time in the World, but Iran doesn’t — The clock is ticking!." Earlier in the day, Trump claimed that "Iran is having a very hard time figuring out who their leader is!" hinting at some governmental divergences in the Persian Gulf country.
The latest headlines triggered Iran's president, Masoud Pezeshkian, to answer, who stated that "In Iran, there are no hardliners or moderates. We are all Iranians and revolutionaries. With ironclad unity of nation and state and obedience to the Supreme Leader, we will make the aggressor regret. One God, one nation, one leader, one path; victory for Iran, dearer than life."
Market reaction
Uncertainty maintains the US Dollar bid across the FX board, while West Texas Intermediate holds on to intraday gains and trades at around $94.
WTI Oil FAQs
WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing hub, which is considered “The Pipeline Crossroads of the World”. It is a benchmark for the Oil market and WTI price is frequently quoted in the media.
Like all assets, supply and demand are the key drivers of WTI Oil price. As such, global growth can be a driver of increased demand and vice versa for weak global growth. Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US Dollar influences the price of WTI Crude Oil, since Oil is predominantly traded in US Dollars, thus a weaker US Dollar can make Oil more affordable and vice versa.
The weekly Oil inventory reports published by the American Petroleum Institute (API) and the Energy Information Agency (EIA) impact the price of WTI Oil. Changes in inventories reflect fluctuating supply and demand. If the data shows a drop in inventories it can indicate increased demand, pushing up Oil price. Higher inventories can reflect increased supply, pushing down prices. API’s report is published every Tuesday and EIA’s the day after. Their results are usually similar, falling within 1% of each other 75% of the time. The EIA data is considered more reliable, since it is a government agency.
OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member countries at twice-yearly meetings. Their decisions often impact WTI Oil prices. When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect. OPEC+ refers to an expanded group that includes ten extra non-OPEC members, the most notable of which is Russia.
- WTI climbs for a fourth day as Hormuz tensions fuel fears of prolonged supply disruptions.
- Reports of Iran Parliament Speaker Mohammad Bagher Ghalibaf’s exit from talks dent US-Iran deal hopes.
- US President Donald Trump threatens to “shoot and kill” boats placing mines in Hormuz.
West Texas Intermediate (WTI) Crude Oil trades higher on Thursday, extending gains for a fourth straight day as escalating tensions in the Strait of Hormuz continue to fuel concerns about global supply disruptions, keeping a geopolitical risk premium embedded in prices. At the time of writing, WTI is trading around $94.56 per barrel after hitting an intraday high near $97, up 2.8% on the day.
The latest leg higher follows a sharp deterioration in the geopolitical backdrop after reports that Mohammad Bagher Ghalibaf, Iran’s Parliament Speaker and lead negotiator, has resigned from the negotiating team following alleged interference by the Islamic Revolutionary Guard Corps (IRGC), according to Israel’s N12 News. The move highlights deepening divisions within Iran’s leadership and reduces the likelihood of near-term progress in US-Iran negotiations.
The situation remains tense as the Strait of Hormuz stays under a dual blockade by US forces and Iran. US President Donald Trump said on Truth Social that “we have total control over the Strait of Hormuz, no ship can enter or leave without the approval of the United States Navy.” He also added that he has ordered the Navy to “shoot and kill any boat” placing mines in the waterway, stating that the route is “sealed up tight” until Iran agrees to a deal.
Iranian officials have maintained a firm stance, insisting that the US must lift the naval blockade, which Tehran views as a violation of the ceasefire and a key obstacle to negotiations.
Meanwhile, The Washington Post, citing a Pentagon assessment, reported that it could take up to six months to fully clear mines from the strait, underscoring the risk of prolonged disruption to global Oil supply.
Iran is also maintaining pressure, with its Islamic Revolutionary Guard Corps (IRGC) reportedly seizing two vessels in the strait on Wednesday, according to shipping companies and the semi-official Tasnim news agency.
Looking ahead, traders will continue to track developments around the US-Iran conflict and any signals of de-escalation. In the near term, WTI is likely to remain highly sensitive to headlines from the Strait of Hormuz, with supply disruption risks expected to keep prices supported.
WTI Oil FAQs
WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing hub, which is considered “The Pipeline Crossroads of the World”. It is a benchmark for the Oil market and WTI price is frequently quoted in the media.
Like all assets, supply and demand are the key drivers of WTI Oil price. As such, global growth can be a driver of increased demand and vice versa for weak global growth. Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US Dollar influences the price of WTI Crude Oil, since Oil is predominantly traded in US Dollars, thus a weaker US Dollar can make Oil more affordable and vice versa.
The weekly Oil inventory reports published by the American Petroleum Institute (API) and the Energy Information Agency (EIA) impact the price of WTI Oil. Changes in inventories reflect fluctuating supply and demand. If the data shows a drop in inventories it can indicate increased demand, pushing up Oil price. Higher inventories can reflect increased supply, pushing down prices. API’s report is published every Tuesday and EIA’s the day after. Their results are usually similar, falling within 1% of each other 75% of the time. The EIA data is considered more reliable, since it is a government agency.
OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member countries at twice-yearly meetings. Their decisions often impact WTI Oil prices. When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect. OPEC+ refers to an expanded group that includes ten extra non-OPEC members, the most notable of which is Russia.
Standard Chartered’s Dan Pan expects Banco Central do Brasil (BCB) to continue its cautious easing cycle, projecting a 25bps cut at the 29 April meeting as inflation risks remain elevated. Pan highlights tight monetary policy, softening growth and a strong Brazilian Real (BRL) as allowing further cuts, and maintains its end-2026 policy rate forecast at 12.5%, with upside risks if domestic demand stays resilient.
BCB seen cutting cautiously but steadily
"We expect Banco Central do Brasil (BCB) to proceed cautiously with the easing cycle by lowering the policy rate by 25bps at the 29 April meeting."
"There may be room for a 50bps cut but resilient growth and a solid labour market should limit the urgency for a dovish surprise."
"BCB may leave the door open for additional easing, but we do not expect future moves to be laid out explicitly given high uncertainty over the energy price trajectory."
"The market has largely scaled back easing expectations for the year to c.100bps since the start of the war, but we think it may be overdone."
"We continue to see the end-2026 rate at 12.5%, although risks may be skewed to the upside if domestic demand continues to be resilient."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Rabobank’s Global Strategist Michael Every flags growing trade frictions between the United States (US) and Canada ahead of USMCA (United States–Mexico–Canada Agreement) talks. Every says Washington is demanding market-opening concessions, tax changes and expanded border enforcement, effectively shifting negotiations away from equality. Every warns Canada may need to rethink its global position and faces downside risks for industrial exports and autos.
US demands challenge Canadian trade position
"Meanwhile, the US is reportedly demanding concessions from Canada before USMCA trade talks start as a form of “entry fee.”"
"These include opening dairy markets beyond USMCA commitments, eliminating the digital services tax that affects US tech giants, and accepting expanded US border enforcement jurisdiction on Canadian soil."
"Such US demands reduce the negotiation from one of equals to a realpolitik reflecting the economic weight each has, as well as treading on direct issues of sovereignty."
"Canada can reject these US demands or even risk walking away from the USMCA."
"Notably, US auto tariffs are already threatening the kind of downturn which that key Canadian industry last saw post-GFC."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Iranian Parliament speaker Mohammad Bagher Ghalibaf has resigned from the negotiating team, Israel N12 News reported on Thursday.
Ghalibaf, who recently said that in Iran there are no radicals or moderates and that they are all “Iranian” and “revolutionary,” resigned from Tehran’s negotiation team, following an intervention of the Islamic Revolutionary Guard Corps (IRGC).
Recently, Israel's Channel 12, citing US officials, said that US President Donald Trump is not eager to resume the war, but may not have a choice.
Market’s reaction to Ghalibaf headline:
- Sentiment shifted to risk-averse, as US equities turned negative.
- The US Dollar is up 0.26%, according to the US Dollar Index (DXY), at 98.85.
- Oil prices are bid, with WTI up more than 4%, on its way towards $97.00 per barrel.
- Gold is extending its losses to 0.70%, aiming towards $4,700.
Risk sentiment FAQs
In the world of financial jargon the two widely used terms “risk-on” and “risk off'' refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.
Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a “risk-off” market, Bonds go up – especially major government Bonds – Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit.
The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are “risk-on”. This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.
The major currencies that tend to rise during periods of “risk-off” are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world’s reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them – even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.
BNY’s Geoff Yu notes that Latin American (LatAm) currencies have been the standout Emerging Markets (EM) FX performers, with holdings remaining strong throughout the conflict and supported by attractive nominal and real rates. However, he warns that if risk appetite broadens after the ceasefire, flows could rotate into cheaper APAC (Asia-Pacific) and EMEA (Europe, the Middle East, and Africa) assets, limiting further upside for LatAm FX despite solid fundamentals.
Strong carry but vulnerable positioning
"In FX markets, the recovery in risk sentiment is still tentative, but EM FX holdings are starting to pick up gradually. Performance distribution remains uneven, however."
"Over the past quarter, the dollar has remained under cross-border pressure driven by hedging demand that dominated in January and February and has re-emerged since the ceasefire. LatAm, at the other end of the spectrum, delivered a tremendous quarter and was by far the best-bought region."
"It remains the best-held. Throughout the conflict, not a single currency came close to moving into underheld territory."
"If the ceasefire holds and risk appetite picks up, the scope for holdings recovery across risk assets means it will be difficult for Latin American currencies to build on current positioning. Initially, this need not mean carry deteriorates, which would entail significant Latin American currency sales."
"APAC and EMEA could become more attractive [as] valuations improve. Risk rotation could accelerate materially, driven by the progressive cheapening of USD funding costs."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
- USD/CHF trades flat as US-Iran tensions keep markets cautious.
- US PMIs beat forecasts, hitting multi-month highs
- Technically, USD/CHF remains below key SMAs, keeping bearish bias intact.
USD/CHF trades flat on Thursday, with choppy price action and two-way swings as traders refrain from aggressive directional bets amid cautious market sentiment driven by ongoing US-Iran tensions. At the time of writing, the pair is trading around 0.7845.
Traders are closely monitoring developments in the US-Iran situation to assess whether negotiations will resume, as tensions escalate in the Strait of Hormuz. This is supporting the US Dollar despite some intraday weakness. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is trading around 98.67 after hitting an intraday high of 98.80.
US President Donald Trump said on Truth Social that “we have total control over the Strait of Hormuz, no ship can enter or leave without the approval of the United States Navy.” He also added that he has ordered the Navy to “shoot and kill any boat” putting mines in Hormuz, stating that the route is “sealed up tight” until Iran is able to make a deal.
Meanwhile, traders are also digesting mixed US economic data. The preliminary S&P Global Manufacturing PMI rose to 54 in April, beating expectations and up from 52.3 in March, marking a 47-month high. The Services PMI also improved to 51.3, above forecasts of 50 and up from 49.8, reaching a two-month high, with both coming above expectations.
US Initial Jobless Claims rose to 214K in the week ending April 18, above the 212K forecast and up from 208K previously.
In the daily chart, USD/CHF keeps a bearish near-term bias as spot holds beneath both the 100-day simple moving average (SMA) at roughly 0.7865 and the 200-day SMA near 0.7937. The pair’s inability to reclaim these medium- and long-term averages hints that recent bounces are corrective within a broader downbeat structure. Meanwhile, the Relative Strength Index (RSI) has recovered from lows below 40 but remains below the midline, indicating momentum still leans to the downside, with the Average Directional Index (ADX) near 26 pointing to a moderately directional trend.
On the topside, initial resistance is aligned at the 100-day SMA at 0.7865, with a break higher exposing the more significant barrier at the 200-day SMA around 0.7937, where sellers would likely reassert control on first test. Until price establishes a sustained move above these moving averages, rallies are likely to be sold into, leaving the pair vulnerable to further downside exploration toward prior lows.
(The technical analysis of this story was written with the help of an AI tool.)
US Dollar FAQs
The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world’s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.
The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.
In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed’s weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.
Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.
- USD/JPY stabilizes near 159.45 after three consecutive days of gains.
- Rising Oil prices are fueling inflation expectations in the United States.
- Markets await the Federal Reserve and the Bank of Japan's policy decisions.
USD/JPY trades around 159.45 on Thursday, virtually unchanged on the day but still close to recent highs after three consecutive bullish days. The pair remains supported by the strength of the US Dollar (USD) in a context of persistent geopolitical tensions around the Strait of Hormuz, which are keeping energy prices elevated.
The US Dollar benefits from this environment as investors anticipate a lasting inflationary impact from higher Oil prices. This scenario reduces the likelihood of near-term monetary easing by the Federal Reserve (Fed), with markets now pricing a high chance that interest rates will remain on hold toward year-end. This dynamic supports the Greenback and underpins the upside in USD/JPY.
Recent US macroeconomic data also point to resilient activity. The S&P Global Purchasing Managers Index (PMI) releases indicate stronger-than-expected expansion in both manufacturing and services, confirming the relative strength of the US economy despite a slight uptick in weekly Initial Jobless Claims.
On the Japanese side, the Japanese Yen (JPY) remains under pressure. Japan’s heavy reliance on energy imports amplifies the negative impact of rising Oil prices on the economy, while expectations for monetary tightening by the Bank of Japan (BoJ) continue to be pushed back. Markets now largely expect a pause at the upcoming meeting, with a potential rate hike delayed until later in the year.
MUFG analysts highlight that the energy shock linked to Middle East tensions could continue to weigh on the Japanese Yen in the near term, while increasing the risk of imported inflation. At the same time, Danske Bank notes that domestic inflation in Japan remains relatively subdued compared to global trends, limiting the BoJ’s room to tighten policy quickly.
Finally, the prospect of intervention by Japanese authorities in the foreign exchange market remains a source of caution for investors. Policymakers have recently reiterated their vigilance regarding JPY weakness, which could cap any rapid move beyond the key 160 psychological level.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.05% | 0.10% | -0.03% | 0.14% | 0.11% | 0.51% | 0.01% | |
| EUR | -0.05% | 0.07% | -0.09% | 0.10% | 0.03% | 0.45% | -0.06% | |
| GBP | -0.10% | -0.07% | -0.13% | 0.04% | -0.01% | 0.40% | -0.12% | |
| JPY | 0.03% | 0.09% | 0.13% | 0.16% | 0.14% | 0.50% | 0.03% | |
| CAD | -0.14% | -0.10% | -0.04% | -0.16% | -0.02% | 0.35% | -0.15% | |
| AUD | -0.11% | -0.03% | 0.00% | -0.14% | 0.02% | 0.41% | -0.12% | |
| NZD | -0.51% | -0.45% | -0.40% | -0.50% | -0.35% | -0.41% | -0.52% | |
| CHF | -0.01% | 0.06% | 0.12% | -0.03% | 0.15% | 0.12% | 0.52% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Forex Market News
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