FXStreet Forex News

14 Oct 2024 21:33

Gold price retraces as China’s stimulus disappoints amid buoyant US Dollar

Gold price retraces after hitting a daily high of $2,666 on Monday as China’s stimulus failed to provide relief to the financial markets and the Greenback extended its...

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FXStreet Forex News

14 Oct 2024 21:26

Fed's Waller: Latest inflation data was a disappointment

Federal Reserve (Fed) Board of Governors member Christopher Waller noted on Monday that recent US inflation data was a "disappointment", threading the needle between dangling an increase in the pace of Fed rate cuts in the future while also expressing caution at the current...

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FXStreet Forex News

14 Oct 2024 21:10

Canadian Dollar sinks to fresh ten-week low on Monday

The Canadian Dollar (CAD) kicked off the new trading week with another loss against the US Dollar, falling another quarter of a percent against the...

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FXStreet Forex News

14 Oct 2024 20:48

Taxes, tariffs, and character

With the two candidates and the two political parties articulating drastically different economic visions, I find it remarkable that, assuming the polls are right, this nation is evenly divided, and the race is too close to...

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FXStreet Forex News

14 Oct 2024 19:53

US Dollar strengthens as market continues digesting CPI data, eyes now toward Retail Sales

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, continues rising as markets are giving up their hopes of two cuts by the Federal Reserve (Fed) this...

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FXStreet Forex News

14 Oct 2024 19:46

Why Oil prices are plummeting despite Middle Eastern chaos?

As global leaders prepare to meet in Azerbaijan on November e 11th, for the climate summit COP 29, organized once again by a large oil producing country, in a surprising twist, oil prices are experiencing a steep decline even as turmoil rages in the Middle...

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FXStreet Forex News

14 Oct 2024 19:14

Mexican Peso falls on deteriorating consumer confidence data, Trump’s comments

The Mexican Peso depreciated against the Greenback during the beginning of the week and edged down over...

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FXStreet Forex News

14 Oct 2024 18:28

UK budget: Rip up the rulebook? – Standard Chartered

The upcoming budget on 30 October could prove to be one of the most important in...

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FXStreet Forex News

14 Oct 2024 17:53

Oil drops on OPEC downgrade while stocks make gains

Stock markets continue to show plenty of resilience in the face of geopolitical worries, but oil has been hit by gloomy forecasts again, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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FXStreet Forex News

14 Oct 2024 17:04

Silver Price Forecast: XAG/USD falls but clings to $31.00

Silver's price dropped during the North American session on Monday, courtesy of a broad risk-on...

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FXStreet Forex News

14 Oct 2024 16:38

GBP/USD Price Forecast: Falls and consolidates at around 1.3050

The Pound Sterling begins the week on the back foot amid a scarce economic docket on Monday, which will gather traction on Tuesday with the UK’s employment...

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FXStreet Forex News

14 Oct 2024 16:27

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FXStreet Forex News

14 Oct 2024 16:16

Copper’s not-so-hidden signal for Gold

The markets don’t move in a straight line – they correct every now and then and that’s...

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FXStreet Forex News

14 Oct 2024 15:51

USD/JPY Price Forecast: The peaks and troughs keep rising

USD/JPY has been steadily rising since the mid-September 140...

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FXStreet Forex News

14 Oct 2024 15:22

GBP/USD outlook: Cable – bearish bias under daily cloud top

Bears hold grip and keep the price within daily cloud for the third straight day, with cloud top acting as solid resistance and limits...

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FXStreet Forex News

14 Oct 2024 21:26

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FXStreet Forex News

14 Oct 2024 21:21

Gold Price Forecast: XAU/USD consolidates around $2,650

Spot Gold is under mild pressure on Monday, trading with modest losses after peaking at $2,666.71 earlier in the...

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FXStreet Forex News

14 Oct 2024 20:55

Forex Today: The UK labour market report takes centre stage

The Greenback extended its monthly recovery on the back of the persevering risk-off mood in the FX universe, while investors warmed up for key upcoming US data releases as well as Fed...

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FXStreet Forex News

14 Oct 2024 20:01

Dow Jones Industrial Average climbs to another record high on Monday

The Dow Jones Industrial Average (DJIA) climbed to another record high on Columbus Day Monday, testing above the 43,000 handle and poised to enter a sixth consecutive week in the...

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FXStreet Forex News

14 Oct 2024 19:46

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FXStreet Forex News

14 Oct 2024 19:46

EUR/USD Price Forecast: Further pullbacks remain on the cards

A negative start to the week saw EUR/USD extend its losses, dipping below the 1.0900 mark and recording new two-month lows near the critical 200-day Simple Moving Average...

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FXStreet Forex News

14 Oct 2024 18:59

AUD/USD Price Forecast: The 0.6700 region holds the downside…for now

Following two consecutive daily advances, AUD/USD faced renewed selling pressure at the beginning of the...

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FXStreet Forex News

14 Oct 2024 17:57

EUR/GBP Price Analysis: Near-term bias tilts bearish as cross gives up 20-day SMA

In Monday's session, the EUR/GBP declined and settled lower at around 0.8350, below the 20-day Simple Moving Average (SMA), a development that worsens the technical outlook and reinforce the short-term bearish bias The EUR/GBP pair has been unable to sustain gains above the 0.8400 resistance level, indicating that the bulls are struggling to regain...

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FXStreet Forex News

14 Oct 2024 17:52

XAU/USD outlook: Bulls to remain in play above $2600

Gold price rose to the highest since Oct 4 on Monday, in extension of strong rally last Thu/Fri, inflated by the latest decision by China to further boost its stimulus to the...

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FXStreet Forex News

14 Oct 2024 16:54

EUR/JPY Price Prediction: Testing top of the range – next move could be down

EUR/JPY tests the top of a nine-and-a-half-week range at around 163.50 as it continues unfolding its short-term sideways...

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FXStreet Forex News

14 Oct 2024 16:34

AUD/USD declines on negative outlook for trading neighbor China

AUD/USD manages to claw back some of its earlier losses and climbs into the 0.6730s on Monday after trading down to 0.6700 following the release of weak Chinese export data, which negatively impacted the Australian Dollar (AUD) due to the two country’s close trade...

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FXStreet Forex News

14 Oct 2024 16:27

GBP: Likelihood of more deficit spending in the US can slow down – Rabobank

UK PM Starmer has opened the government’s investment summit with the reassurance that Labour will restore the UK’s brand as an open, trading...

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FXStreet Forex News

14 Oct 2024 15:59

USD/CAD powering higher ahead of Canadian CPI numbers

Month to date, the USD/CAD currency pair (US dollar versus the Canadian dollar) is up 2.0% and testing monthly...

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FXStreet Forex News

14 Oct 2024 15:45

​EUR/USD sell zone 1.1050 into the ECB [Video]

In the latest TradeGATEHub Live Trading session, a key sell zone for EURUSD around 1.1050 was highlighted ahead of the European Central Bank's (ECB)...

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FXStreet Forex News

14 Oct 2024 15:16

Fed's Kashkari: Further modest rate cuts appear appropriate

Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said on Monday that the monetary policy is still in a restrictive stance, adding further "modest" rate cuts could be appropriate, per...

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