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FXStreet Forex News

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USD slips broadly as markets consolidate – Scotiabank

The US Dollar (USD) is rounding out the week with broad, if limited, losses against the major currencies, Scotiabank’s Chief FX Strategist Shaun Osborne...

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GBP/USD: Firms following Retail Sales data – Scotiabank

The Pound Sterling (GBP) firmed somewhat and UK yields rose in response to stronger than expected UK Retail Sales data for September, Scotiabank’s Chief FX Strategist Shaun Osborne...

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China economic activity undershoots this year's 5% growth target – BBH

China economic activity remains sluggish and is undershooting this year's 5% growth...

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US Dollar halts recent gains after China steps up supportive measures

The US Dollar (USD) turns flat to a touch softer on Friday with some profit-taking after steep rallies against many major G20 currencies this...

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ECB: Risks to economic growth are tilted to the downside – BBH

EUR/USD retraced some of yesterday’s post-ECB meeting...

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Forex trading Gold at record highs – WTI Crude Oil rally on Middle East tensions [Video]

Investors have rushed to gold as a safe haven after the death of the Hamas leader...

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USD/CNH: Further USD strength to 7.1600 and 7.1900 – UOB Group

USD is likely to trade in a range between 7.1180 and...

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USD/JPY: Has a chance to rise to 151.00 – UOB Group

The US Dollar (USD) is likely to trade in a 149.40/150.35...

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NZD/USD: Likely to decline further – UOB Group

The New Zealand Dollar (NZD) is likely to trade in a range between 0.6040 and...

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Pound rises on strong UK Retail Sales

The British pound has extended its gains on Friday. In the European session, GBP/USD is trading at 1.3046, up 0.27% on the...

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AUD/USD: Levels to monitor are 0.6650 and 0.6620 – UOB Group

The Australian Dollar (AUD) is likely to trade in a 0.6680/0.6725...

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If you don't fly high, you can't land hard – Commerzbank

By and large, the ECB delivered what was expected...

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News tsunami doesn't torpedo markets

USD: Dec '24 is Down at 103.475. Energies: Nov '24 Crude is Down at...

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China: September performance beats expectations – Standard Chartered

Q3 GDP growth eased to 4.6% y/y from 4.7% in Q2; Q3 q/q growth accelerated to 0.9% from 0.5%...

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Adani Power Elliott Wave technical analysis [Video]

Function: Counter Trend (Intermediate degree, orange). Mode:...

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Strong economic data fuels rate cut uncertainty: How will markets and the Fed respond

Eco data is undeniable – Retail Sales are Strong. Initial Jobless Claims decline, Philly Fed Business Outlook...

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DXY: To trade around 102 – DBS

The Dollar Index’s (DXY) recovery looks overstretched after having appreciated 3% so far this month, DBS’ FX analyst Philip Wee...

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USD/JPY: Jawboning on the yen resumed – BBH

USD/JPY is struggling to sustain a break above 150.00 as jawboning on the yen resumed, BBH FX analysts...

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CEE: FX welcomes central bankers' hawkishness – ING

As expected, the Central Bank of Turkey (CBT) left rates unchanged at 50% and added a bit to its hawkish...

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MXN/BRL: Trump risks trigger repricing – Commerzbank

Latin American currencies have undergone quite a correction in recent days, with all currencies depreciating, led by the Mexican...

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Crude Oil consolidates negative week as geopolitical tensions abate

Crude Oil found a floor earlier this week and stabilizes above the $70.00 level on Friday, although the lifespan could be minimal, seeing the last...

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Goods prices in Japan are now also weakening – Commerzbank

At first glance, this morning's national inflation figures from Japan could be seen as positive for further interest rate...

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GBP: Cable can slip to 1.28 – ING

September's better-than-expected UK retail sales data, which comes on the heels of decent August growth, is another sign that the economy is still performing relatively solidly, ING’s FX analyst Francesco Pesole...

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Don't bet against the US consumer – Commerzbank

After EUR/USD showed almost no imminent reaction to the ECB statement yesterday, the US retail sales figures, which were published shortly afterwards, were more capable to cause a stir, before the ECB press conference took over, Commerzbank’s FX analyst Michael Pfister...

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USD/CHF clings to gains above 0.8650 as Fed seems to cut interest rates gradually

The USD/CHF pair holds onto gains near an eight-week high of 0.8670 in Friday’s London...

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Risk warning: Trading Forex and CFDs involves significant risk and may result in the loss of your capital. Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.

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Treasury refunding preview

We do not anticipate any major policy shifts from the U.S. Treasury at its upcoming quarterly refunding announcement on October...

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