FXStreet Forex News

13 Dec 2024 14:39

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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FXStreet Forex News

13 Dec 2024 14:35

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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FXStreet Forex News

13 Dec 2024 14:21

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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FXStreet Forex News

13 Dec 2024 13:58

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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FXStreet Forex News

13 Dec 2024 13:40

The week in review, and a new French PM

The October growth figure for the UK ecoomy defied expectations for a 0.1% rise, and instead registered a 0.1% decline in...

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FXStreet Forex News

13 Dec 2024 13:35

Friday the 13th cometh

USD: Dec '24 is Up at 106.960. Energies: Jan '25 Crude is Up at...

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FXStreet Forex News

13 Dec 2024 13:26

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FXStreet Forex News

13 Dec 2024 13:23

ECB's Centeno: Level of interest rates in Euro area remains restrictive

European Central Bank (ECB) policymaker Mario Centeno noted on Friday that the ECB's decision to lower key rates by 25 basis points (bps) was "absolutely consensual," per...

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FXStreet Forex News

13 Dec 2024 13:13

Week ahead: Fed expected to cut, while BoE set to remain on hold, as UK economy contracts again

Fed rate decision – 18/12 – This week it’s widely anticipated that the Federal Reserve will cut its main benchmark rate again for the 3rd time this year, following on from the 50bps cut in September and the 25-point reduction in November, cutting the main rate to 4.5% and hopefully bringing further relief to the US economy in the form of lower long-term...

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FXStreet Forex News

13 Dec 2024 12:54

USD/JPY hits two-week highs near 153.50 as BoJ tightening hopes fade

The US Dollar is trading higher on Friday, approaching the 153.50 area supported by the widening gap between US and Japanese Treasury yields, as hopes of a BoJ hike next week...

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FXStreet Forex News

13 Dec 2024 12:48

USD/CNH: Expected to trade in a 7.2550/7.2900 range – UOB Group

US Dollar (USD) is expected to trade in a 7.2550/7.2900...

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FXStreet Forex News

13 Dec 2024 12:39

Crude Oil struggles with $70.00 round level amid bleak 2025 outlook

Crude Oil trades roughly flat near $70.00 on Friday as investors remain reluctant to add to the rally seen earlier in the week. The OPEC+ report was a good element for Oil prices to head higher, but traders are still warning for the 2025 projections...

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FXStreet Forex News

13 Dec 2024 12:39

USD/JPY: The next level to watch is 154.00 – UOB Group

US Dollar (USD) is expected to trade with an upward bias, but is unlikely to reach the major resistance at...

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FXStreet Forex News

13 Dec 2024 12:27

USD/CHF: Upside risk on the cards – OCBC

SNB surprised with a 50bp cut to bring policy rate to...

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FXStreet Forex News

13 Dec 2024 12:10

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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FXStreet Forex News

13 Dec 2024 14:35

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FXStreet Forex News

13 Dec 2024 14:31

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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FXStreet Forex News

13 Dec 2024 14:00

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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FXStreet Forex News

13 Dec 2024 13:51

Croatia: Stage set for another solid year

Fresh GDP data confirmed that the solid economic momentum extended into 2H24 (3Q GDP at 3.9% y/y), as growth remained dominated by the strong domestic...

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FXStreet Forex News

13 Dec 2024 13:37

US Dollar falls flat, possible sixth straight trading day with gains

The US Dollar (USD) extends its winning streak on Friday, with the DXY Index trading above 107.00 for the first time in more than two weeks, driven by signs of lingering inflation pressures in the US and prospects of further monetary policy easing in two of the US main trading partners: China and the...

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FXStreet Forex News

13 Dec 2024 13:33

Weekly focus: It is the season for rate cuts

As economic data continues to confirm that the inflation problem is more or less over, there is no longer a need for central banks to maintain restrictive levels of interest...

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FXStreet Forex News

13 Dec 2024 13:26

Japan's Tankan was uninspiring and UK disappoints with contracting economy in October

Overview: The US dollar is mixed against the G10 and emerging market currencies to finish out the...

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FXStreet Forex News

13 Dec 2024 13:21

Gold price falls below $2,700 again – Commerzbank

The Gold price reached its highest level since the US presidential election five weeks ago at $2,725 per troy ounce yesterday, but then fell back below the $2,700 mark, Commerzbank’s commodity analyst Carsten Fritsch...

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FXStreet Forex News

13 Dec 2024 13:00

USD/SGD: Consolidation likely near term – OCBC

USD/SGD continued to inch higher, tracking broader USD strength while softer EUR and RMB...

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FXStreet Forex News

13 Dec 2024 12:52

USD/CNH: Set to consolidate in recent range – OCBC

USD/CNH stayed bid but largely capped below 7.30. Pair was last at 7.2830 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong...

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FXStreet Forex News

13 Dec 2024 12:45

DXY: Focus next on FOMC next week – OCBC

Dollar Index (DXY) continued to go higher on better-thanexpected PPI and softer EUR, following ECB...

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FXStreet Forex News

13 Dec 2024 12:39

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FXStreet Forex News

13 Dec 2024 12:34

Mexican Peso drifts lower as the Dollar appreciates across the board

The Mexican peso holds onto recent losses against a stronger US...

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FXStreet Forex News

13 Dec 2024 12:21

NZD/USD: Has a small chance to reach 0.5740 – UOB Group

New Zealand Dollar (NZD) is likely to drift lower; any decline is unlikely to reach...

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FXStreet Forex News

13 Dec 2024 11:38

WTI Elliott Wave technical analysis [Video]

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

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