FXStreet Forex News

11 Oct 2024 12:53

USD/CAD Price Forecast: Extends winning streak for eighth trading day

The USD/CAD pair extends its winning spell for the eighth trading day on...

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FXStreet Forex News

11 Oct 2024 12:43

NZD/USD: To decline further, NZD must break clearly below 0.6050 – UOB Group

The New Zealand Dollar (NZD) is likely to consolidate between 0.6070 and...

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FXStreet Forex News

11 Oct 2024 12:36

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FXStreet Forex News

11 Oct 2024 12:29

Gold returns to familiar range after weak US jobs data

Gold (XAU/USD) recovers to trade back in the $2,630s on Friday as subpar United States (US) jobs data cements expectations that the Federal Reserve (Fed) will cut interest rates at their November policy...

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FXStreet Forex News

11 Oct 2024 12:22

AUD/USD: To trade in a sideways range of 0.6715/0.6770 – UOB Group

The Australian Dollar (AUD) is likely to trade in a sideways range of...

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FXStreet Forex News

11 Oct 2024 12:09

US economic outlook: Growth sturdy as downside risks fade

Economic growth in the United States continues to run at a sturdy...

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FXStreet Forex News

11 Oct 2024 12:04

Beyond EVs: Tesla's AI pivot and the future of TSLA

Tesla has unveiled its groundbreaking Cybercab robotaxi, a fully autonomous vehicle that marks a significant shift in the company’s...

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FXStreet Forex News

11 Oct 2024 11:54

USD/CHF hovers near key support of 0.8560 ahead of US PPI

The USD/CHF pair wobbles near the immediate support of 0.8560 in Friday’s European...

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FXStreet Forex News

11 Oct 2024 11:32

EUR/USD strives to gain ground above 1.0900 with US PPI in focus

EUR/USD moves slightly higher to near 1.0950 on Friday after a sharp recovery from the two-month low of 1.0900 recorded on...

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FXStreet Forex News

11 Oct 2024 11:31

GBP/USD Forecast: Sellers could move aside if Pound Sterling rises above 1.3100

GBP/USD clings to small daily gains early Friday after closing marginally lower on...

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FXStreet Forex News

11 Oct 2024 11:31

EUR/USD: Likely to trade in a range between 1.0910 and 1.0960 – UOB Group

Instead of weakening further, the Euro (EUR) is more likely to trade in a range between 1.0910 and...

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FXStreet Forex News

11 Oct 2024 11:28

What’s in store for Gold in Q4? [Video]

Previously in Q3 It’s a golden age for gold which has been exhibiting an unprecedented performance so far this year, adding another 14% to its value in the third quarter despite global central bank reserves stabilizing, to trade up by 42%...

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FXStreet Forex News

11 Oct 2024 11:21

Spending slowed again in September

Danish card data suggests that spending excluding energy increased by 0.4% in September compared to the same month the year...

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FXStreet Forex News

11 Oct 2024 11:03

Silver Price Forecast: XAG/USD looks indecisive, flat lines above $31.00 mark

Silver (XAG/USD) struggles to capitalize on its modest intraday uptick and trades around the $31.15 region during the first half of the European session on Friday, nearly unchanged for the...

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FXStreet Forex News

11 Oct 2024 11:00

Mexican Peso recovers after Banxico Minutes, Sheinbaum courts US finance

The Mexican Peso (MXN) edges higher in its most-traded pairs on Friday, carrying momentum over from its recovery on the previous day, when it found a floor and rose following the release of the Bank of Mexico (Banxico) meeting...

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FXStreet Forex News

11 Oct 2024 12:50

CAD: Jobs data can help hawkish repricing – ING

Canada releases jobs figures for September today, and the consensus is centred around a solid 27k employment print, with unemployment inching up from 6.6% to 6.7%, ING’s FX analyst Francesco Pesole...

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FXStreet Forex News

11 Oct 2024 12:37

USD/CAD: Daily MACD denotes regain of upward momentum – Société Generale

USD/CAD decline stalls near August low of 1.3440, which resulted in a short-term up move, Societe Generale’s FX analysts...

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FXStreet Forex News

11 Oct 2024 12:36

Inflation eases, but concerns linger: Will the Fed pause or push

CPI came in a bit hotter. PPI is due at 8:30 am. 10 yr. bond yields push...

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FXStreet Forex News

11 Oct 2024 12:28

EUR: Awaiting some help from Beijing – ING

EUR/USD has stabilised in the 1.09-1.10 range, but continues to face downside risks as a USD:EUR two-year swap rate gap at 130bp is consistent with sub-1.09 levels, and Middle East tensions can easily add to the negatives for the pro-cyclical, oil-sensitive...

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FXStreet Forex News

11 Oct 2024 12:18

NZD/USD: Bears feeling lethargic – OCBC

The New Zealand Dollar (NZD) fell after RBNZ cut rate by...

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FXStreet Forex News

11 Oct 2024 12:07

GBP/USD: To trade probably between 1.3020 and 1.3100 – UOB Group

The Pound Sterling (GBP) is expected to trade in a range, probably between 1.3020 and...

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FXStreet Forex News

11 Oct 2024 12:02

USD: Looking outside of the US – ING

The latest batch of US data has sent contrasting signals to the Federal Reserve and to the...

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FXStreet Forex News

11 Oct 2024 11:48

US banks to start Q3 earnings season, Tesla event leave investors underimpressed

EU Mid-Market Update: US banks to start Q3 earnings season; Tesla event leave investors underimpressed; Focus on China fiscal meeting tomorrow with bated breath for more...

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FXStreet Forex News

11 Oct 2024 11:31

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FXStreet Forex News

11 Oct 2024 11:31

Gold recovers amid mixed US economic indicators

Gold prices recovered, reaching 2,644.00 USD per troy ounce on Friday, as investors navigated mixed signals from recent US economic...

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FXStreet Forex News

11 Oct 2024 11:30

Silver price today: Silver falls, according to FXStreet data

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

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FXStreet Forex News

11 Oct 2024 11:27

Fed: Not everyone on board with a 50-bps rate cut – OCBC

The key takeaway from the US Federal Reserve’s (Fed) minutes of its 17/18 Sep 2024 Federal Open Market Committee (FOMC) meeting was that, while all participants agreed that it was appropriate to ease the stance of monetary policy in September, but not everyone was on board with the decision of a 50-bps rate cut, OCBC FX analysts Frances Cheung and Christopher Wong...

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FXStreet Forex News

11 Oct 2024 11:21

ECB preview: Acknowledging downside weakness equals a rate cut – Danske Bank

At next week's ECB meeting on 17 October we expect the ECB to deliver yet another rate cut of 25bp, bringing the deposit rate to...

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FXStreet Forex News

11 Oct 2024 11:00

EUR/USD Forecast: Euro could extend recovery once it confirms 1.0950 as support

After touching its weakest level since early August at 1.0900 on Thursday, EUR/USD staged a rebound and closed the day...

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FXStreet Forex News

11 Oct 2024 10:37

Asia wrap: Friday follies “Oil volatility remains the lynchpin”

The most immediate takeaway from yesterday’s hotter-than-expected US CPI—and the subsequent Fed chatter—is that Fed pricing is now stuck in easy...

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