FXStreet Forex News

16 Oct 2024 08:22

BoJ’s Adachi: No set pace in mind when it comes to rate hikes

Bank of Japan (BoJ) board member Seiji Adachi is back on the wires on Wednesday, commenting on the interest rate and the exchange rate...

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FXStreet Forex News

16 Oct 2024 08:11

Asia wrap: Stuck in the Murk

Chinese stocks dipped after early fluctuations, reflecting growing disappointment over the sluggish pace of stimulus...

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FXStreet Forex News

16 Oct 2024 08:07

UK inflation data out this morning

In the UK, we get the inflation data for September at 8:00...

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FXStreet Forex News

16 Oct 2024 08:05

Breaking: UK CPI inflation softens to 1.7% YoY in September vs. 1.9% expected

United Kingdom’s Office for National Statistics will release the CPI report on...

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FXStreet Forex News

16 Oct 2024 07:56

Stock markets wipe out Monday's gains

Emini S&P December made it as far as 5918 but has hit profit taking in overbought conditions as we wipe out Monday's strong...

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FXStreet Forex News

16 Oct 2024 07:30

GBP/USD Price Forecast: Remains confined in a rang below 1.3100 ahead of UK CPI

The GBP/USD pair extends its sideways consolidative price move on Wednesday and remains confined in a familiar range held over the past week or...

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FXStreet Forex News

16 Oct 2024 07:13

Morning briefing: The US treasury yields have come down further

Good Morning! The Dollar Index looks bullish towards 103.55-104 while above...

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FXStreet Forex News

16 Oct 2024 06:36

EUR/USD remains below 1.0900, further downside seems possible as the ECB decision looms

EUR/USD holds its position after a four-day losing streak, trading around 1.0890 during the Asian session on...

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FXStreet Forex News

16 Oct 2024 06:20

USD/CAD stalls Tuesday's pullback from over two-month high, flat lines around 1.3775

The USD/CAD pair struggles to capitalize on a modest Asian session uptick on Wednesday and remains below its highest level since August 6, around the 1.3835-1.3840 region touched the previous...

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FXStreet Forex News

16 Oct 2024 05:44

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FXStreet Forex News

16 Oct 2024 04:54

Gold Price Forecast: XAU/USD buyers yearn for a daily close above $2,670

Gold price is building on the previous recovery early Wednesday, challenging the static resistance level at...

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FXStreet Forex News

16 Oct 2024 04:22

WTI trades with modest losses above $70.00, bearish bias remains

West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the overnight modest bounce from the $69.25 area, or a two-week low and attract some sellers during the Asian session on...

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FXStreet Forex News

16 Oct 2024 04:14

RBNZ Sectoral Factor Inflation Model arrives at 3.4% YoY in Q3 2024

The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the third quarter of 2024, following the release of the official Consumer Price Index (CPI) by the NZ Stats early...

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FXStreet Forex News

16 Oct 2024 03:51

BoJ’s Adachi: if inflation moves sustainably, stably, the BoJ can guide policy in line with neutral rate

Bank of Japan (BoJ) board member Seiji Adachi said on Wednesday that “if inflation moves sustainably, stably around 2%, the BoJ can guide monetary policy in a way allowing for policy rate to move roughly in line with neutral rate.” Additional quotes If chance of underlying inflation exceeding 2% heightens, the BoJ will raise its policy rate at pace exceeding rate of...

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FXStreet Forex News

16 Oct 2024 03:18

A tech snafu drags US stocks down, as investors grapple with an untidy China market

As Asian investors gear up to take the baton, sentiment and risk appetite will likely remain subdued after a Wall Street...

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FXStreet Forex News

16 Oct 2024 08:13

British inflation dips to 1.7% in September

Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at...

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FXStreet Forex News

16 Oct 2024 08:07

Breaking: UK CPI inflation softens to 1.7% YoY in September vs. 1.9% expected

United Kingdom’s Office for National Statistics will release the CPI report on...

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FXStreet Forex News

16 Oct 2024 08:05

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FXStreet Forex News

16 Oct 2024 08:01

Breaking: UK CPI inflation softens to 1.7% YoY in September vs. 1.9% expected

United Kingdom’s Office for National Statistics will release the CPI report on...

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FXStreet Forex News

16 Oct 2024 07:38

Silver Price Forecast: XAG/USD moves above $31.50 as US Treasury yields ease

Silver price (XAG/USD) continues its winning streak for the fifth consecutive day, hovering around $31.70 per troy ounce during the Asian trading hours on...

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FXStreet Forex News

16 Oct 2024 07:20

Is Bank of America stock a buy after Q3 earnings?

The second largest U.S. bank performed better than expected, led by investment banking...

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FXStreet Forex News

16 Oct 2024 07:10

Nasdaq futures (NQ) favoring upside due to five swing Elliott Wave sequence

Short Term Elliott Wave View in Nasdaq (NQ) suggests that the Index formed a 5 swing sequence since 8.5.2024...

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FXStreet Forex News

16 Oct 2024 06:35

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Wednesday, according to data compiled by...

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FXStreet Forex News

16 Oct 2024 05:54

Gold price remains close to record peak, lacks bullish conviction amid mixed cues

Gold price (XAU/USD) edges higher for the second straight day on Wednesday – also marking the fourth day of a positive move in the previous five – and touches a one-and-half-week high, around the $2,670 region during the Asian...

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FXStreet Forex News

16 Oct 2024 05:44

USD/INR remains stronger as traders evaluate RBI’s policy outlook following inflation data

The USD/INR pair remains near its all-time high at 84.14 as the Indian Rupee (INR) grapples with challenges stemming from foreign exchange...

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FXStreet Forex News

16 Oct 2024 04:32

NZD/USD drops to near 0.6050 as annual inflation declines within the RBNZ target range

NZD/USD experiences a decline for the second consecutive day, trading around 0.6060 during Asian trading...

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FXStreet Forex News

16 Oct 2024 04:15

UK CPI set to grow below 2% target in September, core inflation to remain high

The United Kingdom’s (UK) Office for National Statistics (ONS) will release the highly anticipated Consumer Price Index (CPI) data for September on Wednesday at 06:00...

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FXStreet Forex News

16 Oct 2024 03:55

Japanese Yen remains on the front foot against USD, upside potential seems limited

The Japanese Yen (JPY) strengthened against its American counterpart on Tuesday and reversed a major part of the previous day's losses to the lowest level since early...

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FXStreet Forex News

16 Oct 2024 03:40

Australian Dollar continues to lose ground despite hawkish remarks from RBA Hunter

The Australian Dollar (AUD) extends its losing streak for the third consecutive day against the US Dollar (USD) on Wednesday, despite hawkish comments from Reserve Bank of Australia (RBA) Deputy Governor Sarah...

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FXStreet Forex News

16 Oct 2024 03:16

PBOC sets USD/CNY reference rate at 7.1191 vs. 7.0830 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1191, as compared to the previous day's fix of 7.0830 and 7.1208 Reuters...

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