FXStreet Forex News

18 Oct 2024 12:04

Gold plants flag above fresh all-time high at $2,700 on increased prospects of global easing

Gold (XAU/USD) establishes a foothold above the $2,700 psychological level on Friday after piercing through above this level on the previous day, setting yet another fresh all-time...

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FXStreet Forex News

18 Oct 2024 11:59

GBP/USD: Expected to trade in a 1.2985/1.3050 range – UOB Group

The Pound Sterling (GBP) is expected to trade in a 1.2985/1.3050...

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FXStreet Forex News

18 Oct 2024 11:51

USD/JPY adjusts amid mixed signals from Japan's economic data

USD/JPY is experiencing a correction phase following two days of gains as mixed economic signals emerge from...

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FXStreet Forex News

18 Oct 2024 11:39

USD: Dollar rally has more to go – ING

US retail sales came in strong yesterday, and the timing of their release (15 minutes after the European Central Bank cut) worked perfectly to favour another leg higher in the US Dollar (USD), ING’s FX analyst Francesco Pesole...

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FXStreet Forex News

18 Oct 2024 11:34

EUR/USD: Falling towards 1.0800 short term – UOB Group

The Euro (EUR) could test the 1.0800 level before a recovery can be expected; major support at 1.0770 is not expected to come into...

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FXStreet Forex News

18 Oct 2024 11:28

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FXStreet Forex News

18 Oct 2024 11:27

GBP/USD Forecast: Pound Sterling is not out of the woods yet

GBP/USD ignored the persistent US Dollar (USD) strength and closed in positive territory on...

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FXStreet Forex News

18 Oct 2024 11:18

XAU/USD outlook: Gold hits new historical high above psychological $2700 level

Gold cracked psychological $2700 barrier and hit new historical high on Friday...

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FXStreet Forex News

18 Oct 2024 11:15

Chinese data provides relief after recent pullback

Strong end to the week expected. Chinese data provides relief after recent...

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FXStreet Forex News

18 Oct 2024 10:58

Mexican Peso bottoms out as US recession risks ebb

The Mexican Peso (MXN) trades marginally higher in its most heavily-traded pairs on Friday after bottoming out of its three-day down slope on...

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FXStreet Forex News

18 Oct 2024 10:48

EUR/USD Forecast: Euro needs to clear 1.0900 to discourage sellers

EUR/USD extended its weekly downtrend and touched its lowest level in 10 weeks at 1.0811 during the American trading hours on...

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FXStreet Forex News

18 Oct 2024 10:17

Technical analysis – EUR/GBP goes back to a downtrend

EURGBP plunged to a new 2½-year low of 0.8293, weighed by upbeat UK retail sales at 4.0% y/y and a dovish ECB policy stance, which raised concerns about the eurozone's...

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FXStreet Forex News

18 Oct 2024 10:12

Silver Price Forecast: XAG/USD bulls look to build on momentum beyond $32.00 mark

Silver (XAG/USD) regains positive traction following the previous day's good two-way price moves and climbs to a two-week top during the first half of the European session on...

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FXStreet Forex News

18 Oct 2024 09:53

ECB aftermath, Dollar weakness and risk sentiment analyzed

Important news for the day Fri, 18th, 08:00 CET UK Retail sales ECB rate cut As previously expected the European Central Bank had reduced rates by 25 basis points to...

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FXStreet Forex News

18 Oct 2024 09:44

EUR/JPY holds ground around 162.50, downside risks emerge after verbal interventions

The EUR/JPY pair remains stable around 162.60 during early European trading on...

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FXStreet Forex News

18 Oct 2024 11:59

EUR/JPY Price Prediction: Fails to break out and declines to key make-or-break trendline

EUR/JPY declines after multiple failed attempts to break out of the top of its range...

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FXStreet Forex News

18 Oct 2024 11:55

Talk sense, not sentiment – UBS

There are times when readers of financial journalism may question whether they have wandered into the twilight...

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FXStreet Forex News

18 Oct 2024 11:47

EUR: Lagarde puts a cap on the Euro – ING

ECB President Christine Lagarde sounded a bit more dovish than usual at yesterday’s post-meeting press...

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FXStreet Forex News

18 Oct 2024 11:36

UK Retail Sales shines despite rainy weather

EU mid-market update: UK retail sales shines despite rainy weather; Xi lifts tech stocks; Death of Hamas leader might signal real change to status quo of Israel/Hamas...

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FXStreet Forex News

18 Oct 2024 11:30

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Friday, according to FXStreet...

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FXStreet Forex News

18 Oct 2024 11:28

China: 3Q24 GDP in line with expectations – UOB Group

China’s 3Q24 GDP growth was largely in line with consensus expectations at 4.6% y/y, 0.9% q/q sa (Bloomberg’s est: 4.5% y/y, 1.1% q/q; UOB est: 4.7% y/y, 1.1%...

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FXStreet Forex News

18 Oct 2024 11:26

AUD/USD recovers further from over one-month low, climbs beyond 0.6700 amid weaker USD

The AUD/USD pair builds on the previous day's bounce from the vicinity of mid-0.6600s, or over a one-month low and gains positive traction for the second straight day on...

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FXStreet Forex News

18 Oct 2024 11:16

EUR/USD remains fragile as more ECB rate cuts in the pipeline

EUR/USD recovers mildly on Friday after posting a fresh 10-week low near 1.0800 on...

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FXStreet Forex News

18 Oct 2024 11:08

USD/CAD consolidates near 1.3800 ahead of Fed speakers

The USD/CAD pair trades in a tight range near the round-level resistance of 1.3800 in Friday’s European...

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FXStreet Forex News

18 Oct 2024 10:58

NZD/USD trades with positive bias around 0.6070 amid softer USD, bearish bias remains

The NZD/USD pair trades with a positive bias for the second straight day on Friday, albeit lacks bullish conviction and remains close to over a one-month low touched earlier this...

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FXStreet Forex News

18 Oct 2024 10:27

The commodities feed: Gold hits another record high

Gold prices jumped to a fresh record high amid concerns over escalating tensions in the Middle East and ahead of the US...

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FXStreet Forex News

18 Oct 2024 10:12

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FXStreet Forex News

18 Oct 2024 09:56

MCD Elliott Wave technical analysis [Video]

MCD Elliott Wave Analysis Trading Lounge. McDonald’s Corp., (MCD) Daily...

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FXStreet Forex News

18 Oct 2024 09:50

​ECB cut fuels appetite, Netflix up 5% on strong results [Video]

The European Central Bank (ECB) lowered its interest rates by 25bp yesterday, in a widely expected and priced in...

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FXStreet Forex News

18 Oct 2024 09:34

USD/JPY Price Forecast: Pullback could be seen as buying opportunity amid BoJ uncertainty

The USD/JPY pair meets with some supply on Friday and for now, seems to have snapped a two-day losing streak to its highest level since early August, around the 150.30 area touched the previous...

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