FXStreet Forex News

04 Dec 2024 09:22

South Korea: Political turmoil continues after martial law U-turn – UOB Group

South Korean President Yoon Suk Yeol sent shockwaves across markets after he declared an emergency martial law at around 11 pm local time on Tue night (3 Dec), only to lift it six hours later following a parliamentary vote where 190 of 300 lawmakers demanded the lifting of the martial...

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FXStreet Forex News

04 Dec 2024 09:10

ECB’s Rehn: I see policy easing continuing in the coming months

“I see policy easing continuing in the coming months,” European Central Bank (ECB) policymaker Olli Rehn said on...

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FXStreet Forex News

04 Dec 2024 08:59

EUR/USD Forecast: Euro tests key resistance ahead of Lagarde and Powell speeches

EUR/USD found its footing following Monday's drop but struggled to gather recovery momentum on...

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FXStreet Forex News

04 Dec 2024 08:12

A strange 24 hours in South Korea, as the market switches its focus to French vote and US Payrolls

If anyone thought that political risk would settle down in the final weeks of 2024, they were...

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FXStreet Forex News

04 Dec 2024 07:45

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FXStreet Forex News

04 Dec 2024 07:15

GBP/USD Price Forecast: Bearish bias remains unchanged below 1.2700

The GBP/USD pair trades in positive territory for the second consecutive day around 1.2690 during the early European session on...

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FXStreet Forex News

04 Dec 2024 06:52

AUD/JPY Price Forecast: Recovers after intraday slump to sub-96.00 levels, bearish bias remains

The AUD/JPY cross dropped to its lowest level since September 18 during the Asian session on Wednesday as softer Australian GDP print lifted bets for an early interest rate cut by the Reserve Bank of Australia...

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FXStreet Forex News

04 Dec 2024 06:37

Nordic outlook: More growth, new risks

Recent political events have not made the world easier to navigate for businesses, investors and other...

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FXStreet Forex News

04 Dec 2024 06:26

Sports betting stocks score in November as DraftKings, Flutter surge

DraftKings and Flutter Entertainment stocks have gained more than 20% over the past...

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FXStreet Forex News

04 Dec 2024 05:48

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

04 Dec 2024 05:48

NZD/USD rebounds slightly from one-week low, still deep in the red around mid-0.5800s

The NZD/USD pair attracts fresh sellers following the previous day's good two-way price move and drops to a one-week low during the Asian session on...

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FXStreet Forex News

04 Dec 2024 05:21

ECB’s Holzmann: 25 bps rate cut is conceivable in December, not more.

European Central Bank (ECB) policymaker Robert Holzmann said on Wednesday that a “25 basis points (bps) rate cut is conceivable in December, not more.” Additional quotes Nothing decided on next rate move, will depend on data available at December...

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FXStreet Forex News

04 Dec 2024 04:46

USD/INR holds steady as traders await Indian Services PMI release

The Indian Rupee (INR) trades on a flat note on Wednesday after reaching its all-time low in the previous...

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FXStreet Forex News

04 Dec 2024 03:27

USD/CAD consolidates near weekly high, around 1.4070 as traders await Powell’s speech

The USD/CAD pair struggles to capitalize on its gains registered over the past two days and oscillates in a range, around the 1.4070 area during the Asian session on...

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FXStreet Forex News

04 Dec 2024 02:57

Australian Dollar seems vulnerable after weaker domestic GDP and China's Services PMI

The Australian Dollar (AUD) moves lower in reaction to weaker domestic Gross Domestic Product (GDP) growth...

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FXStreet Forex News

04 Dec 2024 09:20

Production expectations remain deeply below pre-pandemic average

Real wage growth in Czechia for 3Q24 was 4.6% y/y, in nominal terms 7%...

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FXStreet Forex News

04 Dec 2024 09:01

EUR/USD ticks higher as traders brace for volatility ahead of French no-confidence vote

EUR/USD edges higher and holds the key support of 1.0500 in European trading hours on...

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FXStreet Forex News

04 Dec 2024 08:41

V300AEQ ETF Units Elliott Wave technical forecast [Video]

Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with V300AEQ ETF UNITS –...

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FXStreet Forex News

04 Dec 2024 07:47

Relaxed into French no-confidence vote

South Korea briefly stole the light from the French political chaos after President Yoon suddenly imposed the martial law yesterday accusing the opposition party – which holds the majority in the parliament – of paralysing his administration, only to lift it a few hours...

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FXStreet Forex News

04 Dec 2024 07:45

French politics in limbo as Barnier faces no-confidence vote

The no-confidence vote against French PM Michel Barnier is set to take center stage and is scheduled this afternoon at 16:00...

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FXStreet Forex News

04 Dec 2024 07:13

South Korean opposition parties submit impeachment bill against President Yoon, KRW rebounds

Reuters is carrying a story on Wednesday, citing that South Korean opposition parties submitted an impeachment bill against President Yoon Suk...

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FXStreet Forex News

04 Dec 2024 06:50

Focus moves to US Nov ISM services PMI, Fed Chair Powell

Asia market update: Asia risk-off as Geopolitics dominates markets; Weak AU GDP; Focus moves to US Nov ISM Services PMI, Fed Chair...

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FXStreet Forex News

04 Dec 2024 06:28

FX option expiries for Dec 4 NY cut

FX option expiries for Dec 4 NY cut at 10:00 Eastern Time via DTCC can be found...

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FXStreet Forex News

04 Dec 2024 06:03

Morning briefing: Euro is likely to fall back towards 1.0400

Good Morning! The Dollar Index looks bullish towards 107-108 in the near term while above...

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FXStreet Forex News

04 Dec 2024 05:48

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FXStreet Forex News

04 Dec 2024 05:37

Gold Price Forecast: XAU/USD awaits Fed Chair Powell’s speech for a fresh directional impetus

Gold price is holding onto minor bids early Wednesday, struggling to build on the previous bounce, anticipating a fresh batch of top-tier US economic data releases and Federal Reserve (Fed) Chairman Jerome Powell’s...

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FXStreet Forex News

04 Dec 2024 05:11

Gold price remains confined in a familiar range; looks to Fed’s Powell for fresh impetus

Gold price (XAU/USD) extends its consolidative price move on Wednesday and oscillates in a narrow range below the $2,650 level during the Asian...

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FXStreet Forex News

04 Dec 2024 04:26

USD/JPY impulsive decline favors more downside [Video]

Short Term Elliott Wave structure in USD/JPY suggests that rally to 156.76 ended wave...

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FXStreet Forex News

04 Dec 2024 03:06

Bank of Korea: Deploy measures to stabilize FX market as needed, USD/KRW defends 1,400

Bank of Korea (BoK), the South Korean central bank, said on Wednesday that it will “deploy various measures to stabilize the FX market as...

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FXStreet Forex News

04 Dec 2024 02:47

China’s Caixin Services PMI drops to 51.5 to in November vs. 52.5 expected

China's Services Purchasing Managers' Index (PMI) declined to 51.5 in November from 52.0 in October, according to the latest data published by Caixin on...

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