FXStreet Forex News

25 Nov 2024 06:38

USD/CHF trades around 0.8900 after pulling back from four-month highs

USD/CHF corrects downwards after hitting its four-month high of 0.8957 in the previous session, currently trading around 0.8910 during the Asian session on...

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FXStreet Forex News

25 Nov 2024 06:18

EUR/JPY trades with modest intraday gains, remains below 162.00 mark

The EUR/JPY cross kicks off the new week on a positive note, albeit struggles to capitalize on its intraday move up and remains below the 162.00 mark through the Asian...

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FXStreet Forex News

25 Nov 2024 06:00

US’ Bessent: Policy priority will be to deliver on Trump’s various tax-cut pledges

Following his selection as the US Treasury Secretary, Scott Bessent said in his first interview with the Wall Street Journal (WSJ) that making President-elect Donal Trump’s first-term tax cuts...

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FXStreet Forex News

25 Nov 2024 05:48

Gold price snaps five day winning streak; heavily offered below $2,700 mark

Gold price (XAU/USD) retreats after touching a nearly three-week high, around the $2,721-2,722 region during the Asian session on Monday and for now, seems to have snapped a five-day winning...

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FXStreet Forex News

25 Nov 2024 05:36

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

Gold prices fell in India on Monday, according to data compiled by...

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FXStreet Forex News

25 Nov 2024 04:53

WTI finds resistance near $71.00, upside remains likely due to escalating supply concerns

West Texas Intermediate (WTI) crude Oil price pauses its two-day rally, trading around $70.80 per barrel during Asian trading hours on...

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FXStreet Forex News

25 Nov 2024 04:04

EUR/USD freefalls: Are there signs of a rebound?

Looking at the 4-hour chart, the pair settled below the 1.0500 support, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green,...

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FXStreet Forex News

25 Nov 2024 03:51

Australian Dollar advances as US Dollar faces challenges amid bond market optimism

The Australian Dollar (AUD) gains strength on Monday as the US Dollar (USD) continues its downward...

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FXStreet Forex News

25 Nov 2024 02:25

GBP/USD climbs to 1.2600, away from multi-month low set on Friday on weaker USD

The GBP/USD pair opens with a bullish gap at the start of a new week and for now, seems to have snapped a three-day losing streak to sub-1.2500 levels, or its lowest level since May touched last...

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FXStreet Forex News

25 Nov 2024 02:13

EUR/USD finds resistance around 1.0500 after rebounding from two-year lows

EUR/USD recovers from its two-year low of 1.0332, recorded on Friday, trading near 1.0480 during Monday's Asian...

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FXStreet Forex News

25 Nov 2024 01:33

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FXStreet Forex News

25 Nov 2024 01:06

The weekender: US exceptionalism

This week, US equity markets showcased a meaningful surge, with the S&P 500 advancing 1.7%, fueled by robust performances from industrials and small...

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FXStreet Forex News

25 Nov 2024 00:21

AUD/USD gathers strength to near 0.6550 on weaker US Dollar

The AUD/USD pair attracts some buyers to near 0.6540 during the early Asian session on...

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FXStreet Forex News

25 Nov 2024 00:07

The rally is over: Natural gas loses momentum

Natural gas prices recently experienced a sharp rally, breaking above the key level of $3.143 and reaching a high of...

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FXStreet Forex News

24 Nov 2024 19:00

On what authority? – Options for trade policy in 2025

There's a large degree of uncertainty around coming changes to trade policy, but it's sure to be on the agenda when President-elect Donald Trump retakes the White House early next year. While the President retains near unilateral control of trade policy, he does need to consult with some government agencies to get the job done.

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FXStreet Forex News

25 Nov 2024 06:36

Woodside Energy Group Ltd Elliott Wave forecast [Video]

Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOODSIDE ENERGY GROUP LTD -...

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FXStreet Forex News

25 Nov 2024 06:10

Morning briefing: The US Treasury yields are struggling to get a strong follow-through rise

Good Morning! The Dow Jones has surged above 44000, invalidating our previous bearish...

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FXStreet Forex News

25 Nov 2024 05:53

Silver Price Forecast: XAG/USD falls below $31.00 despite escalated geopolitical tension

Silver price (XAG/USD) retraces its recent gains, trading around $30.80 per troy ounce during the Asian session on...

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FXStreet Forex News

25 Nov 2024 05:47

USD/CAD attracts some sellers below 1.3950 on softer US Dollar

The USD/CAD pair drifts lower to around 1.3945 during the Asian session on...

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FXStreet Forex News

25 Nov 2024 04:53

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FXStreet Forex News

25 Nov 2024 04:53

USD/INR softens on MSCI rebalancing and weaker US Dollar

The Indian Rupee (INR) extends the rally on Monday, bolstered by the weakening of the Greenback and expected inflows from MSCI's index...

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FXStreet Forex News

25 Nov 2024 04:01

Japanese Yen builds on its weekly bullish gap-up against USD

The Japanese Yen (JPY) strengthens against its American counterpart at the start of a new week, dragging the USD/JPY pair back below the 154.00 mark during the Asian...

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FXStreet Forex News

25 Nov 2024 02:37

NZD/USD holds positive ground above 0.5850, RBNZ rate decision in focus

The NZD/USD pair gathers strength to near 0.5860 on Monday during the Asian trading hours, bolstered by the softer US Dollar...

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FXStreet Forex News

25 Nov 2024 02:18

PBOC sets USD/CNY reference rate at 7.1918 vs. 7.1942 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1918, as compared to Friday's fix of 7.1942 and 7.2257 Reuters...

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FXStreet Forex News

25 Nov 2024 01:39

New Zealand’s Retail Sales decline 0.1% QoQ in Q3 vs. -1.2% prior

New Zealand’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% QoQ in the third quarter (Q3) from the previous reading of a 1.2% fall, according to the official data published by Statistics New Zealand on...

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FXStreet Forex News

25 Nov 2024 01:33

Gold Price Forecast: XAU/USD holds above $2,700 on softer US Dollar, geopolitical risks

The Gold price (XAU/USD) jumps to around $2,720 during the early Asian session on...

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FXStreet Forex News

25 Nov 2024 00:27

Why I called for SPY upswing

S&P 500 continued making higher lows, and my low 5,940s support wasn‘t jeopardized in the...

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FXStreet Forex News

25 Nov 2024 00:20

Elections, inflation, and the bond market

The Federal Reserve believes inflation is no longer a concern for consumers and the time has come to ensure the rate of change of prices does not decline any...

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FXStreet Forex News

25 Nov 2024 00:07

Crude optimism: What’s driving oil markets up?

Crude oil has been recently showing signs of bullish momentum in the...

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FXStreet Forex News

24 Nov 2024 15:02

Weekly focus: Geopolitics back on the radar

Rising tensions between Russia and Ukraine caused renewed unease in the markets this week. Putin signed an amendment to Russian nuclear doctrine, which allows Russia to use nuclear weapons for retaliating against strikes carried out with conventional weapons, if they were supported by a nuclear state.

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