FXStreet Forex News

13 Dec 2024 08:50

ECB majority eyes neutral policy stance, diverging from market expectations

The ECB yesterday stuck with its 25 bps easing pace, even though a larger step (50 bps) was briefly...

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FXStreet Forex News

13 Dec 2024 08:46

EUR/USD Forecast: Euro shows no signs of life after ECB

EUR/USD stays on the back foot and trades near 1.0450 on Friday after closing the fifth consecutive day in negative territory on...

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FXStreet Forex News

13 Dec 2024 08:33

USD/CAD Elliott Wave technical analysis [Video]

Currency Pair: U.S. Dollar / Canadian Dollar (USDCAD) Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 1 Direction for Next Lower Degrees: Navy Blue Wave 2 Details Current Status: Orange wave 4 appears...

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FXStreet Forex News

13 Dec 2024 08:20

EUR/GBP edges higher to near 0.8300 following the disappointing UK data

EUR/GBP extends its gains for the second successive session following the release of key economic data from the United Kingdom (UK) and Germany, the largest economy in the European Union (EU) and the world's third-largest...

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FXStreet Forex News

13 Dec 2024 07:55

ECB lowered interest rates by 25bp as widely expected

In the euro area, we receive data on industrial production from October, which will give the first hard data point for production in...

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FXStreet Forex News

13 Dec 2024 07:08

Silver Price Forecast: XAG/USD falls to near $31.00 after breaking below ascending channel

Silver price (XAG/USD) extends its losses for the second session, trading around $30.90 per troy ounce during the Asian hours on...

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FXStreet Forex News

13 Dec 2024 06:34

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FXStreet Forex News

13 Dec 2024 06:31

GBP/USD depreciates to near 1.2650 ahead of UK monthly GDP

GBP/USD holds losses for the third successive day, trading around 1.2660 during the Asian hours on...

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FXStreet Forex News

13 Dec 2024 05:53

USD/INR maintains position near fresh highs due to a stronger US Dollar

The Indian Rupee (INR) extends losses for the second successive session, hovering near fresh record lows on...

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FXStreet Forex News

13 Dec 2024 05:25

Morning briefing: Euro downside is expected to be limited to 1.0450-1.0400

Good Morning! ECB went ahead with the 25 bps rate cuts, thereby bringing the refinancing rate to...

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FXStreet Forex News

13 Dec 2024 04:02

Gold Price Forecast: XAU/USD buyers not ready to give up yet

Gold's price looks to resume this week’s recovery to monthly highs of $2,726 early Friday, following Wednesday’s brief...

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FXStreet Forex News

13 Dec 2024 03:49

WTI consolidates around $69.65-$69.70 area, below monthly peak set on Thursday

West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction during the Asian session on Friday and remain on the defensive below the monthly top, around the $70.30 area touched the previous...

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FXStreet Forex News

13 Dec 2024 03:39

RBA’s Hunter offers no guidance on future monetary policy

Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter spoke at the University of Adelaide Luncheon on Friday, outlining the use of scenarios in setting...

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FXStreet Forex News

13 Dec 2024 03:02

Australian Dollar remains subdued as US Dollar gains ground due to Trump tariff threats

The Australian Dollar (AUD) continues to struggle against the US Dollar (USD) on...

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FXStreet Forex News

13 Dec 2024 02:17

PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1854 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1876, as compared to the previous day's fix of 7.1854 and 7.2745 Reuters...

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FXStreet Forex News

13 Dec 2024 08:46

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FXStreet Forex News

13 Dec 2024 08:37

GBP/JPY holds losses around 193.00 after the release of weaker UK economic figures

GBP/JPY continues to lose ground after the release of disappointing key economic data from the United Kingdom (UK), trading around 193.00 during the European hours on...

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FXStreet Forex News

13 Dec 2024 08:24

Forex Today: US Dollar looks to post strong weekly gains, supported by rising bond yields

Here is what you need to know on Friday, December 13: The US Dollar (USD) Index continues to push higher early Friday and trades at its strongest level in over two weeks above 107.00 after closing in positive territory every day this...

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FXStreet Forex News

13 Dec 2024 08:02

UK GDP contracts 0.1% MoM in October vs. +0.1% expected

The UK economy contracted at a monthly pace of 0.1% in October after declining 0.1% in September, the latest data published by the Office for National Statistics (ONS) showed on...

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FXStreet Forex News

13 Dec 2024 07:40

Keeping up with the central banks

This week has been rich in terms of interest rate cuts from major central...

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FXStreet Forex News

13 Dec 2024 06:43

Asian equities weak amid uncertainty and lack of fresh data at end-of-week

Asia market update: CN CEWC disappoints; Asian equities weak amid uncertainty and lack of fresh data at end-of-week; Kospi bucks trend back to pre-Martial law...

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FXStreet Forex News

13 Dec 2024 06:34

EUR/USD seems vulnerable around 1.0460 area amid divergent ECB-Fed expectations

The EUR/USD pair remains depressed during the Asian session on Friday and touches a near three-week low, around the 1.0455 area in the last...

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FXStreet Forex News

13 Dec 2024 06:28

Warner Bros discovery stock rises 16% on restructuring plan

Warner Bros Discovery stock jumped 16% Thursday. The media giant announced a plan to restructure its business...

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FXStreet Forex News

13 Dec 2024 05:48

Elliott Wave view looking for zigzag correction in GBP/JPY [Video]

Short Term Elliott Wave view in GBPJPY shows decline from 10.30.2024 high ended at 188.14 as wave...

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FXStreet Forex News

13 Dec 2024 05:21

Gold price trades with positive bias; remains below $2,700 on Fed rate cut expectations

Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Friday and reverses a part of the previous day's profit-taking slide from a five-week high, around the $2,726...

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FXStreet Forex News

13 Dec 2024 04:01

USD/CAD reaches fresh multi-year highs near 1.4250 due to Trump tariff threats

USD/CAD extends its gains for the second successive session, reaching a fresh multi-year high of 1.4239 during Friday's Asian trading hours, the highest level since April...

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FXStreet Forex News

13 Dec 2024 03:39

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FXStreet Forex News

13 Dec 2024 03:11

Japanese Yen struggles near multi-week low amid reduced BoJ rate hike bets

The Japanese Yen (JPY) remains on the defensive against its American counterpart, lifting the USD/JPY pair closer to the 153.00 neighborhood, or a fresh monthly peak during the Asian session on...

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FXStreet Forex News

13 Dec 2024 02:38

Gold Price Forecast: XAU/USD attracts some buyers to near $2,700, traders brace for Fed rate decision

Gold price (XAU/USD) recovers some lost ground to around $2,690 during the Asian trading hours on Friday after retreating from a five-week high in the previous...

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FXStreet Forex News

13 Dec 2024 01:41

NZD/USD strengthens above 0.5750, bullish US Dollar might cap its downside

The NZD/USD pair gains ground to near 0.5770 during the early Asian session on...

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