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FXStreet Forex News

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Gold dips amid rising US yields ahead of next week’s FOMC meeting

Gold price fell for the second consecutive day as high US Treasury bond yields weighed on the yellow...

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EUR/USD: The outlook remains negative

The euro corrected upwards, and the EUR/USD pair rose during today's European trading session after a 5-day decline the day...

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EUR/USD Price Analysis: Pair recovers slightly, still below 20-day SMA

The EUR/USD pair managed a modest rebound on Friday, rising by 0.2% to 1.0495 after testing fresh lows earlier in the...

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Broadcom is the newest trillion-dollar company

Broadcom (AVGO) stock surged more than 21% on Friday morning after management estimated on Thursday’s earnings call that the market for customized AI accelerators might reach $90 billion in fiscal year...

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Dollar poised for new growth momentum

The US dollar methodically gained ground over the week. The DXY rose for six consecutive sessions, gaining 1.3% on the back of macroeconomic...

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Gold Weekly Forecast: Bulls turn hesitant on mixed fundamental signals

Gold (XAU/USD) managed to gain traction after closing the previous two weeks in negative territory but failed to stabilize above $2,700, as markets reacted to mixed fundamental...

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Silver Price Forecast: XAG/USD retreats below $32.00 amid high US yields

Silver prices dropped on Friday after buyers could not hold prices above...

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GBP: UK October GDP data disappoints – Scotiabank

UK activity data for October was soft. Monthly GDP fell 0.1%, versus expectations of a 0.1% rise, Scotiabank’s Chief FX Strategist Shaun Osborne...

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EUR gets a leg up from EUR/GBP rebound – Scotiabank

The usual leaks that follow ECB rate decisions emerged yesterday to suggest that policymakers are leaning towards 25bps cuts in January and March at this...

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CAD: Canada mulls tariff response – Scotiabank

The Canadian Dollar (CAD) remains under pressure into the end of the week amid rising trade...

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Week ahead – Fed, BoJ and BoE conclude end-year policy decisions [Video]

Fed seen taking the sidelines in January Following the RBA, the BoC, the SNB and the ECB, the central bank bonanza continues next week, with the Fed on Wednesday, and the BoJ and the BoE on...

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Fed’s interest rate decision in focus

As the week is about to come to an end, we open a window at what next week has instore for the...

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Dow Jones Industrial Average extends losses, sheds another 100 points

The Dow Jones Industrial Average (DJIA) softened during a sedate Friday...

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Stocks drift lower as yields rise

Signs of strengthening US inflation have unnerved investors, putting pressure on stocks, while a new French PM might not be able to resolve the country’s difficulties, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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Cardano (ADA/USD) journeys toward $2 from blue box

Cardano is a decentralized blockchain platform and cryptocurrency (ADA) designed to provide a more secure and scalable infrastructure for the development of decentralized applications (dApps) and smart...

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EUR/USD Weekly Forecast: Federal Reserve’s decision on rates to dominate headlines

The EUR/USD pair finished the week in the red amid a resurgent US Dollar (USD) in a risk-averse environment but remained within a well-limited...

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GBP/USD Weekly Forecast: Pound Sterling surrenders gains as US Dollar extends rally

The Pound Sterling (GBP) failed to sustain at three-week highs against the US Dollar (USD), sending GBP/USD back under the 1.2700...

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Don’t miss this major shift

S&P 500 had a hard time recovering from hot inflation and rising unemployment claims, not at all helped by bond auctions during the...

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The Fed seems to have head-in-the-sand

The Fed is going to cut rates next week and that hangs some weight on the tail of the...

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USD/CAD Price Forecast: Sets to rally further

The USD/CAD pair refreshes more than a four-year high around 1.4240 on...

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US Energy Information Administration less optimistic about US oil production than IEA – Commerzbank

The US Energy Information Administration has not made any significant changes to its forecasts, Commerzbank’s commodity analyst Carsten Fritsch...

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French economy pocket atlas - December 2024

This section provides a monthly overview of the main economic data for France and a comparison with other European...

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Palladium market balanced this year and next according to leading producer – Commerzbank

The world's largest Palladium producer from Russia expects an almost balanced Palladium market in 2024, according to a press release published this week, Commerzbank’s commodity analyst Carsten Fritsch...

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USD trades mixed versus majors – Scotiabank

The US Dollar (USD) is ending the week on a mixed note. But the Dollar Index (DXY) is tracking lower from its intraday high, reflecting a rebound in the EUR from early session lows, and that does leave a bit of a dent in the short-term technical outlook for the index and might point to broader losses developing over the next day or so, Scotiabank’s Chief FX Strategist Shaun Osborne...

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USD/CHF aims to revisit 0.8950 as SNB to cut rates further

The USD/CHF pair aims to revisit a five-month high of 0.8960 in Friday’s North American...

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EUR/GBP rallies to levels near 0.8300 after disappointing UK data

The Euro is rallying for the second consecutive day on Friday and approaches the 0.8300 level after bouncing from a two-year low at 0.8225 earlier this...

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