FXStreet Forex News

13 Dec 2024 21:12

EUR/USD Price Forecast: Hovers near 1.0500 post-ECB’s rate cut

The EUR/USD remains reluctant to remain far from the 1.0500 figure for the fifth consecutive day, even though the ECB decided to cut rates on Thursday, which pushed the pair toward its weekly low of...

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FXStreet Forex News

13 Dec 2024 20:36

AUD/USD mildly declines to 0.6370 amid steady US Dollar

The AUD/USD pair exhibits a subdued performance in Friday’s European session, mildly declining to...

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FXStreet Forex News

13 Dec 2024 20:13

Weekly economic and financial commentary

United States: Sticky Inflation, Sticky Wicket for the Fed Price data this week showed that inflation remains stubbornly above the FOMC's...

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FXStreet Forex News

13 Dec 2024 19:35

US Dollar holds its ground on quiet Friday

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades neutral on Friday with some minor gains in the US trading...

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FXStreet Forex News

13 Dec 2024 19:32

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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FXStreet Forex News

13 Dec 2024 17:30

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FXStreet Forex News

13 Dec 2024 17:24

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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FXStreet Forex News

13 Dec 2024 16:30

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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FXStreet Forex News

13 Dec 2024 16:16

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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FXStreet Forex News

13 Dec 2024 15:50

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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FXStreet Forex News

13 Dec 2024 15:48

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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FXStreet Forex News

13 Dec 2024 15:41

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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FXStreet Forex News

13 Dec 2024 15:09

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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FXStreet Forex News

13 Dec 2024 15:07

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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FXStreet Forex News

13 Dec 2024 14:48

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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FXStreet Forex News

13 Dec 2024 20:56

Forecasting the upcoming week: Global PMIs kick off another heavy rate call week

The US Dollar Index (DXY) posted a strong week, climbing nine-tenths of a percent and battling the 107.00 handle as market sentiment tentatively pivots back into the safe haven...

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FXStreet Forex News

13 Dec 2024 20:19

Got copper or miners? watch out

Copper, silver, and gold quite often move together, especially during the big...

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FXStreet Forex News

13 Dec 2024 20:13

Mexican Peso rebounds amid prospects of Fed rate cut

The Mexican Peso recovered after registering losses on Thursday and appreciated some 0.50% against the Greenback during the North American...

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FXStreet Forex News

13 Dec 2024 19:32

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FXStreet Forex News

13 Dec 2024 17:36

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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FXStreet Forex News

13 Dec 2024 17:24

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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FXStreet Forex News

13 Dec 2024 17:01

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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FXStreet Forex News

13 Dec 2024 16:20

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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FXStreet Forex News

13 Dec 2024 15:50

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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FXStreet Forex News

13 Dec 2024 15:48

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FXStreet Forex News

13 Dec 2024 15:41

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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FXStreet Forex News

13 Dec 2024 15:21

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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FXStreet Forex News

13 Dec 2024 15:09

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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FXStreet Forex News

13 Dec 2024 15:01

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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FXStreet Forex News

13 Dec 2024 14:43

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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