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FXStreet Forex News

EUR/USD Price Forecast: Wait-and-see continues ahead of key US employment data

The EUR/USD pair trades with a better tone on Thursday, hovering in the 1.0530 price zone after bottoming at 1.0470 on...

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JJ tries to find the sweet spot between ‘chill’ and ‘thrill', are the inmates running the asylum?

Did JJ just ‘tease’ us or did he send a ‘signal’? Alberto says – maybe we should slow...

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USD/CNH: PBoC pushes to guide USD/CNH bias and direction – OCBC

USD/CNH continues to ease away from recent high as policymakers keep a strong grip on the daily fix, setting it even lower at 7.1879...

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USD/CNH: Expected to trade in a 7.2630/7.2930 range – UOB Group

US Dollar (USD) is expected to trade in a 7.2630/7.2930...

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Euro steady as France’s government collapses

The euro has been drifting most of this week and remains steady on...

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USD/JPY: Pullback from the high can extend below 149.65 – UOB Group

Pullback from the high could extend below 149.65 before stabilisation can be...

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Political turmoil, Bitcoin and the Dollar

Important News for the day Thu, 04th, 14:30 CET US Unemployment claims French politics In France, much like South Korea, political turmoil continues as widespread protests and strikes persist over contentious government...

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FX daily: Most focus is on the Yen

FX markets are consolidating ahead of tomorrow’s big US jobs release and the dollar is a little softer after the ISM Services release disappointed expectations...

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Crude Oil flattens as OPEC+ decision on production normalization looms

Crude Oil is consolidating at around $68.50 on Thursday after Wednesday’s losses ahead of the decision from OPEC+ meeting that is taking place at the time of writing. OPEC+ members are convening online to discuss a delay of the...

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NZD/USD recovers to near 0.5880 as US Dollar slumps, US NFP in focus

The NZD/USD pair bounces back to near 0.5880 in Thursday’s European session after a three-day losing...

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Eurozone Retail Sales rise by 1.9% YoY in October vs. 1.7% expected

Eurozone’s Retail Sales rose at an annual rate of 1.9% in October after increasing by a revised 3.0% in September, the official data released by Eurostat showed on...

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US November Nonfarm Payrolls Preview: Analyzing Gold price reaction to NFP surprises

Nonfarm Payrolls in the US are forecast to increase by 195,000 in...

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NZD/USD: Expected to trade in a 0.5830/0.5890 range – UOB Group

The New Zealand Dollar (NZD) is expected to trade in a 0.5830/0.5890...

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CEE: Central banks take on a hawkish stance – ING

The National Bank of Poland (NBP) left rates unchanged at 5.75% on...

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Beige book propels markets

USD: Dec '24 is Down at 106.160. Energies: Jan '25 Crude is Down at...

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US Dollar edges lower ahead of Jobless Claims, trade data

The US Dollar takes a step back with markets in a holding pattern towards Friday’s key NFP...

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China 2025 outlook: Time to tap the policy space – Standard Chartered

With another trade war looming, China is going to dig deeper into its pockets to stimulate demand and likely to keep its growth target at c.5% for 2025; budget deficit may be widened to 3.5% of...

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AUD/USD: Risks remain skewed to the downside – OCBC

The Australian Dollar (AUD) traded lower. AUD/USD was last seen at 0.6438 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong...

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Gold Price Forecast: XAU/USD flattens near $2,650 as US NFP takes centre stage

Gold price (XAU/USD) trades in a tight range around $2,650.00 in Thursday’s European...

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What is NFP and how does it affect the Forex market?

NFP is the acronym for the Nonfarm Payrolls report, a compilation of data reflecting the employment situation in the United States...

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Silver Elliott Wave technical analysis [Video]

Silver Elliott Wave Analysis Since mid-November, Silver has been on a rebound with a reduced...

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EUR/USD: Interim bottoming is quite possible – OCBC

French lawmakers have voted. Both the left and right wings united to reach a combined vote of 331, well above the 288 simple majority...

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Macron's search for all-embracing caretaker PM could take months

EU mid-market update: Bitcoin punches through 100K as crypto future looks bullish under Trump's SEC Chair choice; Macron's search for all-embracing caretaker PM could take months; OpenAI to tease new...

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Tata Motors Elliott Wave technical analysis [Video]

Function: Counter Trend (Minute degree, Navy). Mode:...

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The evolving AI narrative: From semis to software

Shift from hardware to software: AI enthusiasm is moving from semiconductors like NVIDIA and AMD to software leaders such as Salesforce and Palantir, signaling a maturing market...

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BoE DMP Survey: UK firms’ inflation expectations rise to 2.7% in the December quarter

According to the latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday, “one-year ahead expected CPI inflation by the UK companies rose by another 0.1 percentage points to 2.7% in the quarter to December.” Key takeaways Inflation expectations for the year ahead seen at 2.7% in Q4 versus the previous...

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AUD/USD: To retest the 0.6400 level before stabilization – UOB Group

The weakness in the Australian Dollar (AUD) could retest the 0.6400 level before stabilization is...

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