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FXStreet Forex News

French PM announcement expected imminently as traders digest ECB decision and commentary

EU mid-market update: French PM announcement expected imminently as traders digest ECB decision and commentary; Political instability main focus for...

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ECB's Lagarde 'opens door' to more aggressive rate cuts

ECB President Lagarde delivered a downbeat assessment of the outlook for the Euro Area economy...

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AUD/USD remains subdued near 0.6350 as focus shifts to Fed policy outlook

The AUD/USD pair exhibits a subdued performance in Friday’s European...

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Slovenia outlook: Growth expected to accelerate despite challenging environment

3Q24 GDP came in line with our expectations, accelerating to 1.4%...

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Czechia outlook: Economic recovery expected to continue

The Czech economy is undergoing a gradual recovery, expected to strengthen over the next two...

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Bundesbank: German economy to shrink 0.2% this year, grow 0.2% in 2025

The German central bank, Bundesbank, predicted in its monthly report published on Friday that the economy is set to expand only modestly next year after a decline of 0.2% in Gross Domestic Product (GDP) this...

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Eurozone Industrial Production arrives at 0% MoM in October vs. -0.1% expected

Eurozone’s industrial sector activity showed no growth in October, the latest data published by Eurostat showed on...

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EUR/USD: Decline is unlikely to break clearly below 1.0440 – UOB Group

Euro (EUR) may edge lower; as momentum is not strong, any decline is unlikely to break clearly below...

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China: Initial takeaways from the CEWC – UOB Group

China held its annual Central Economic Work Conference (CEWC) on 11-12 Dec...

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Silver price today: Silver falls, according to FXStreet data

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

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Fed preview: Gauging for neutral

We expect the Fed to cut the policy rate target by 25bp in the December...

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NZD/USD slides to two-year low, closer to mid-0.5700s amid divergent RBNZ-Fed expectations

The NZD/USD pair prolongs its weekly downtrend for the fourth consecutive day and drops to the 0.5755 area, or a fresh low since November 2022 during the first half of the European session on...

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Stock consolidate after inflation data

Emini S&P December support at 6050/45 likely to be retested as we revers Wednesday's...

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WTI Elliott Wave technical analysis [Video]

WTI Elliott Wave Analysis Crude oil prices remain sideways below $73 as momentum...

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AUD/USD: Below 0.6350 before further decline can be expected – UOB Group

Australian Dollar (AUD) is expected to trade in a 0.6350/0.6410...

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Fed to deliver hawkish tone next week – Likely to upwardly revise 'dot plot'

A beat in the November producer inflation data added to expectations that the Federal Reserve would take a slow and steady approach to US rate cuts in...

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EUR: Position adjustment – ING

EUR/USD was largely unchanged on yesterday's European Central Bank event risk despite President Christine Lagarde not sounding extremely dovish, with a slightly weaker euro only at the end of the trading session, ING’s FX analyst Chris Turner...

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Gold extends losses with the Dollar supported by higher yields

Gold rally fails at around $2,720 and pares previous gains amid higher US...

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GBP/USD: Any decline is expected to face significant support at 1.2610 – UOB Group

Sharp sell-off seems excessive; the Pound Sterling (GBP) is likely to consolidate in a 1.2650/1.2725...

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USD ends the week on a firm footing – ING

It has been a busy week for the events calendar but the dollar is ending the week towards the top end of its...

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Visa Inc. (V) Elliott Wave technical analysis [Video]

Function: Trend Mode: Impulsive Structure: Motive Position: Wave 5 of...

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Four key events to follow next week

This week, central banks around the globe made significant monetary policy...

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Yearly technical outlook 2025 – EUR/USD, GBP/USD, USD/JPY [Video]

EURUSD: No light at the end of the tunnel EURUSD is down by 4.78% year-to-date and has been stuck in a range since the ECB signaled the end of its rate hike cycle more than a year...

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USD/CAD trades close fresh four-year high near 1.4250 amid firm US Dollar

The USD/CAD pair holds gains near a fresh more than four-year high at 1.4245 in Friday’s European...

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PBOC: Will keep the Yuan basically stable

Citing the People's Bank of China (PBOC), CCTV reported on Friday, they “will keep the Yuan basically stable.” Additional takeaways Will firmly prevent foreign exchange overshooting...

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GBP/USD Forecast: Pound Sterling tests key support after weak UK data

After spending the first half of the week in a tight range, GBP/USD turned south and lost more than 0.5% on...

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EUR/USD trades choppy after ECB Lagarde shows concerns over Eurozone economic growth

EUR/USD broadly consolidates near 1.0470 in Friday’s European session, staying under bearish pressure after comments from European Central Bank (ECB) President Christine Lagarde on Thursday indicated that more interest rate cuts are in the pipeline, a scenario that has dampened the Euro’s (EUR)...

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