FXStreet Forex News

14 Oct 2024 15:04

China’s data remains weak, but there are signs of a turnaround

The past few days have been packed with economic news from China, from inflation figures to a press conference on stimulus...

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FXStreet Forex News

14 Oct 2024 14:56

USD/CHF Price Prediction: Now probably in a short and medium term bull trend

USD/CHF is rising up and forming a sequence of higher highs and higher lows which indicates it is probably in both a short and – now also – a medium term...

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FXStreet Forex News

14 Oct 2024 14:31

ECB: Four arguments against a rate cut on Thursday – Commerzbank

The ECB is likely to cut its policy rates again on Thursday – just five weeks after the last rate cut in...

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FXStreet Forex News

14 Oct 2024 14:29

​Weekly forex forecast: EUR/USD, GBP/USD, Gold, Silver [Video]

Forex pairs & markets covered in this week’s Weekly Forex Forecast & Forex Analysis: USD (DXY), EUR, GBP, CHF, JPY, CAD, AUD & NZD Plus: Crude Oil, EurUsd, UsdCad, NzdUsd, UsdJpy, AudNzd, NzdChf, AudCad, CadChf, ChfJpy, AudJpy Plus: Gold Analysis - XauUsd & Silver Analysis - XagUsd...

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FXStreet Forex News

14 Oct 2024 14:23

GBP: An important week for the BoE story – ING

This week's release of UK jobs and especially inflation data on Wednesday could have a decent say in the pricing of the Bank of England's easing cycle and sterling, ING’s FX analyst Chris Turner...

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FXStreet Forex News

14 Oct 2024 14:22

Crude Oil on the backfoot after OPEC cuts global forecast

Crude Oil trades on the back foot on Monday following the release of the monthly Organization of the Petroleum Exporting Countries (OPEC)...

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FXStreet Forex News

14 Oct 2024 14:10

China’s September credit activity beats forecasts

Credit growth remains in year-on-year contraction but recent rate cuts and other stimulus should encourage recovery in the months...

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FXStreet Forex News

14 Oct 2024 13:37

USD/CNH: Likely to trade between 7.0300 and 7.1200 – UOB Group

The US Dollar (USD) is likely to trade with an upward bias; as upward momentum is only beginning to build, any advance is unlikely to threaten the major resistance at...

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FXStreet Forex News

14 Oct 2024 13:34

USD: Range-bound near term – ING

Casting around the globe to identify key FX drivers, we note the following: Saturday's China fiscal stimulus measures lack detail, oil is steady as markets await Israel's retaliation against Iran, and equity markets remain generally supported following strong US bank earnings released on Friday and expectations of positive announcements in the chip sector this week, ING’s Chris Turner...

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FXStreet Forex News

14 Oct 2024 13:25

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FXStreet Forex News

14 Oct 2024 13:24

USD/JPY: Expected to edge higher – UOB Group

The US Dollar (USD) is expected to edge higher; due to the mild momentum, any advance is likely limited to a test of...

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FXStreet Forex News

14 Oct 2024 13:08

NZD/USD: NZD must break below 0.6050 to continue falling – UOB Group

The New Zealand Dollar (NZD) is likely to consolidate in a range of...

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FXStreet Forex News

14 Oct 2024 13:01

USD/JPY: Trades with a downside bias – DBS

USD/JPY has a downside bias if it consolidates in a 145-150 range, DBS’ FX analyst Philip Wee...

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FXStreet Forex News

14 Oct 2024 12:42

US Dollar holds gains as Fed speakers stand out in soft start of t...

The US Dollar (USD) edges up slightly at the start of the week with several parts of the US markets closed for Columbus Day. Despite the bank holiday, three Federal Reserve (Fed) members are due to speak. Meanwhile, the additional stimulus...

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FXStreet Forex News

14 Oct 2024 12:26

Gold Elliott Wave technical analysis [Video]

Gold Elliott Wave Analysis Gold has completed the pullback from late September and is now in recovery toward another high as the all-time bullish impulse cycle...

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FXStreet Forex News

14 Oct 2024 14:59

EUR/USD Price Forecast: Sellers pressuring the 1.0900 mark

The US Dollar started the week with a firm footing, maintaining its positive momentum against most major...

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FXStreet Forex News

14 Oct 2024 14:53

Dollar continues to gain against the offshore Yuan – Latest data is discouraging

As we wrote Friday, the markets believe the Fed has decided on the Nov rate cut, even if December is still up in the air and may depend on fresh inflation and labor market...

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FXStreet Forex News

14 Oct 2024 14:29

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FXStreet Forex News

14 Oct 2024 14:27

PLN, CZK, HUF: Dovish inflation favours HUF – Commerzbank

FX market phase where the Polish zloty is outperforming the Hungarian forint continues, for good or bad...

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FXStreet Forex News

14 Oct 2024 14:23

Columbus Day? – The stock market is open

USD: Dec '24 is Up at 102.970. Energies: Nov '24 Crude is Down at...

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FXStreet Forex News

14 Oct 2024 14:22

Canadian labour market delivers a positive surprise – Commerzbank

Last week, markets wondered whether the surprise in the US payrolls report could really be taken as an indication of a similar surprise in the Canadian labour market, Commerzbank’s FX analyst Michael Pfister...

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FXStreet Forex News

14 Oct 2024 13:42

EUR: Eurozone malaise already priced into the Euro – ING

After a grim couple of months for eurozone data, the interest rate market now prices the European Central Bank's deposit rate being cut to 2.00% next summer, ING’s FX analyst Chris Turner...

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FXStreet Forex News

14 Oct 2024 13:36

Dollar firm, China briefing light on details, and its data remain poor

Overview: The lack of details from China's fiscal briefing, the soft CPI (and deeper PPI deflation), and a smaller than expected trade surplus did not prevent Chinese equities from advancing (CSI 300...

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FXStreet Forex News

14 Oct 2024 13:33

Five Fundamentals for the week: Explosive Middle East, ECB decision and US Retail Sales stand out

Even on a bank holiday, markets are on the move. Concerns about Chinese stimulus and the Middle East stir markets, but the calendar offers several important events with the potential to shake things...

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FXStreet Forex News

14 Oct 2024 13:25

New Zealand Dollar under pressure as services data disappoints

The New Zealand dollar is lower on Monday. In the European session, NZD/USD is trading at 0.6082, down...

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FXStreet Forex News

14 Oct 2024 13:18

USD/SGD: To trade lower in a 1.25-1.30 range – DBS

Today, the Monetary Authority of Singapore’s decision to keep all three parameters of the SGD NEER policy band unchanged was largely expected, DBS’ FX analyst Philip Wee...

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FXStreet Forex News

14 Oct 2024 13:05

Gold holds gains on China saber-rattling, stimulus expectations

Gold (XAU/USD) recovers to trade back in the $2,660s on Monday amid rising safe-haven demand after saber-rattling by the Chinese People's Liberation Army (PLA) in the strait of...

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FXStreet Forex News

14 Oct 2024 12:59

Bank earnings sparks market surge, S&P enters a new century, “I hear a symphony”

Earnings season starts off with a BANG! S&P crosses into another new...

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FXStreet Forex News

14 Oct 2024 12:31

AUD/USD: Bias for AUD remains on the downside – UOB Group

The Australian Dollar (AUD) is likely to trade in a sideways range of...

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FXStreet Forex News

14 Oct 2024 12:03

EUR/USD edges lower on Taiwan risks, ECB meeting on the horizon

EUR/USD exchanges hands in the 1.0920s on Monday, marginally down on the day, as the US Dollar (USD) attracts safe-haven flows on the back of increasing geopolitical risks stemming from Taiwan, where the Chinese People's Liberation Army (PLA) is conducting...

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