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FXStreet Forex News

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FXStreet Forex News

USD/JPY Price Forecast: Consolidates within the 148.00-149.50 range

The USD/JPY edged higher during the North American session as US Treasury yields remained higher, particularly the 10-year T-note, which was up close to four basis points at...

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Amgen stock closes 2.29% higher on Friday

Amgen (AMGN) closed at $328.35 on Friday, 2.29% higher on the...

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Mexican Peso rallies as Fed rate cut bets weaken the US Dollar

The Mexican Peso registers gains against the Greenback for the second consecutive day after hitting a low of 19.61 in early trading on...

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Don't alienate, elevate: strategies for effective gender-neutral communication

Effective communication is essential in today’s diverse...

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Dow Jones Industrial Average hits fresh record high after slack PPI print

The Dow Jones Industrial Average (DJIA) rose over 400 points bottom-to-top on Friday, bolstered into a fresh record high of 42,837 after US Producer Price Index (PPI) inflation figures cooled in...

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FXStreet Forex News

Household finances and uncertainty cloud october consumer sentiment

The University of Michigan's consumer sentiment index declined to 68.9 in October, as consumers increasingly report worries about both their household income situation and higher prices more...

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EUR/USD Weekly Forecast: Sellers gain confidence alongside the Fed

The EUR/USD pair fell towards a fresh two-month low of 1.0900, finishing the second consecutive week in negative though little changed at around...

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Dollar index - bulls pause after US data and look for fresh direction signal

The dollar holds in a sideways mode vs the basket of major currencies for the second straight day, as US September CPI data cooled expectations for another Fed jumbo rate cut, though the sentiment is still bullish and keeps the greenback...

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GBP/USD Price Forecast: Bounces from weekly lows as ‘hammer’ hints reversal

The Pound Sterling recovers some ground against the greenback as a ‘hammer’ emerges on the daily chart and rises above 1.3050, registering gains of over...

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GBP/USD Weekly Forecast: Pound Sterling stays vulnerable ahead of UK inflation data

The Pound Sterling (GBP) booked the second straight weekly loss against the US Dollar (USD), sending the GBP/USD pair to the lowest level in a month below...

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FXStreet Forex News

Silver Price Forecast: XAG/USD jumps to near $31.50 after US PPI release

Silver price (XAG/USD) climbs to near $31.50 in Friday’s New York...

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FXStreet Forex News

Week ahead – ECB headed towards another cut, CPI on the agenda elsewhere [Video]

Is an ECB rate cut a done deal? Following the RBNZ, which cut interest rates by 50 basis points this Wednesday, the central bank torch will be passed next week to the...

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FXStreet Forex News

Netflix: Q3 earnings preview

Next week, Netflix will announce its earnings report for Q3 2024 on Thursday 17th...

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AUD/USD ascends on mixed US data, ends week with losses

The Australian Dollar recovered some ground against the Greenback on Friday after a measure of prices paid by producers reaffirmed that inflation is coming down, warranting further easing by the Federal...

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Canadian Dollar sheds weight for eighth straight day

The Canadian Dollar (CAD) fell against the Greenback for an eighth consecutive trading day as markets pivot out of the Loonie in favor of the US...

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Gold surges on mixed US data, increased Fed rate cut speculation

Gold rallied over 1% on Friday, with the yellow metal set to end the week with modest gains of 0.20% after inflation data revealed on Friday and the Consumer Price Index (CPI) report on Thursday capped the Greenback’s...

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Forecasting the upcoming week: Soft landing or not landing at all?

Further recovery in the US Dollar was underpinned by persistent geopolitical tensions in the Middle East throughout the week, while rising bets of a 25 bps rate cut by the Fed in October were also propped up by Fedspeak and...

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Federal Reserve losses top $200 billion and you're on the hook

Federal Reserve losses have eclipsed $200 billion as the central bank continues to bleed red...

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There is still room for further upside

US Dollar Index climbs further and tests the 103.00 level for the first time since...

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JPMorgan surges 5% on Q3 earnings beat

JPMorgan (JPM) stock surged over 5% on Friday after the nation’s largest bank released earnings that strongly beat...

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US: The outlook is improving, but some risks remain – National Bank of Canada

Recent weeks have been punctuated by a number of positive developments for the...

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Mid-east conflict and OPEC+ restraint hopes preventing a sharp oil correction – TDS

Notwithstanding concerns surrounding a wider Middle East war, which could disrupt oil flows from the region, China stimulus disappointment and OPEC+ producer plans to bring barrels back in the coming months have put the crude oil market at risk of a sharp...

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FXStreet Forex News

EUR/GBP slides lower as analysts bet on ECB easing, UK data beats expectations

EUR/GBP edges lower on Friday as traders sell the Euro (EUR) due to the increasing likelihood of the European Central Bank (ECB) making more aggressive interest rate cuts in the...

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FXStreet Forex News

Pound Sterling Price News and Forecast: GBP/USD gains after upbeat UK data, hot US PPI

The Pound Sterling (GBP) gyrates in a tight range near 1.3060 against the US Dollar (USD) in Friday's North American...

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FXStreet Forex News

Gold Weekly Forecast: XAU/USD holds above key support area after bearish action to start week

Gold (XAU/USD) declined sharply in the first half of the week but regained its traction after coming within a touching distance of...

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FXStreet Forex News

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FXStreet Forex News

US UoM Consumer Confidence Index declines to 68.9 in October vs. 70.8 expected

Consumer confidence in the US weakened slightly in early October, with the preliminary University of Michigan's Consumer Sentiment Index edging lower to 68.9 from 70.1 in...

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FXStreet Forex News

The trading floor: Germany, the “sick man” of Europe [Video]

In this episode, Anthony Cheung and Piers Curran break down the latest US CPI data and its implications for the Fed's interest rate...

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