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FXStreet Forex News

Cochlear Limited Elliott Wave technical forecast [Video]

ASX: COCHLEAR LIMITED – COH Elliott Elliott Wave Technical Analysis TradingLounge (1D...

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S&P 500 hits fresh record as focus shifts to earnings

The S&P 500 hit its 46th record high of the year on Monday, defying the recent and uncomfortable combination of stronger-than-expected jobs and higher-than-expected inflation numbers that hint that the Federal Reserve (Fed) should slow down the pace of whatever policy easing plan it had in head a month...

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USD/INR depreciates as US Dollar remains solid due to risk-off sentiment

The Indian Rupee (INR) edges lower against the US Dollar (USD) on...

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EUR/USD remains depressed below 1.0900, lowest since August 8 amid stronger USD

The EUR/USD pair drifts lower for the second straight day on Tuesday and drops to the 1.0890 area in the last hour, back closer to its lowest level since August 8 touched the previous...

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India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Tuesday, according to data compiled by...

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USD/CAD hovers around 1.3800, highest since August 6 as traders look to Canadian CPI report

The USD/CAD pair trades near its highest level since August 6 during the Asian session on Tuesday, with bulls making a fresh attempt to build on the momentum beyond the 1.3800 round-figure...

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Gold Price Forecast: Will XAU/USD defend the key $2,635 support?

Gold price is trading modestly flat near $2,650 early Tuesday, licking its wounds after retreating from a six-day high of $2,667 set on...

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Australian Dollar receives downward pressure from economic uncertainty in China

The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Tuesday, weighed down by weak trade balance data from China, Australia's largest trading partner, released on...

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PBOC sets USD/CNY reference rate at 7.0830 vs. 7.0723 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0830, as compared to the previous day's fix of 7.0723 and 7.0840 Reuters...

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EUR/USD skids into fresh ten-week low, taps 1.09 as ECB rate cut looms

EUR/USD hit a fresh ten-week low on Monday, kicking off a new trading week with renewed...

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GBP/USD churns ahead of UK wages and labor figures

GBP/USD churned chart paper just north of 1.3000 on Monday, with markets striking a laid-back tone ahead of key UK data due to release in the first half of the trading...

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NZD/JPY Price Analysis: Bullish outlook prevails, resistance test ahead

The NZD/JPY pair resumed its upward trajectory on Monday, gaining 0.15% to...

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AUD/JPY Price Forecast: Consolidates above 100.00 after turning bullish

The AUD/JPY consolidates at around 100.30 yet posts minuscule gains of over 0.06% at the time of...

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Australian Dollar declines on Chinese economic woes and strong USD

The Australian Dollar declined against the US Dollar on Monday following the release of weak China trade...

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NZD/USD remains below 0.6100 as US Dollar appreciates on rising risk aversion

NZD/USD halts its three-day winning streak, trading around 0.6080 during the Asian hours on...

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Oil price declines

In Germany, we get the ZEW index for October, which will give an update on how investors asses the economic situation in...

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Elliott Wave expects Nvidia (NVDA) to extend impulsive rally [Video]

Short Term Elliott Wave View in Nvidia (NVDA) suggests that cycle from 9.6.2024 low is in progress as a 5 waves...

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Morning briefing: Pound need break below 1.3000 for further directional clarity

Good Morning! The Dollar Index looks bullish towards 104 and higher while above...

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McDonald’s stock advances on strength of Chicken Big Mac launch

McDonald’s (MCD) stock price rose more than 1.6% on Monday after the world’s largest fast food chain launched its Chicken Big Mac...

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Japan plans supplementary budget exceeding last fiscal year – Kyodo

Kyodo News Agency carried a report on Tuesday, citing Japan’s Prime Minister (PM) Shigeru Isihiba, as saying that his government aims to compile a supplementary budget for the current fiscal year, projected to exceed last year's 13.1 trillion yen ($87.6...

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Gold price bulls not ready to give up despite bets for smaller Fed rate cuts

Gold price (XAU/USD) witnessed an intraday pullback from over a one-week high touched on Monday and finally settled in the red, snapping a two-day winning streak amid broad-based US Dollar (USD)...

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WTI falls to near $71.00 as worries about potential supply disruptions from Iran ease

West Texas Intermediate (WTI) Oil price continues its decline for the third successive session, trading around $71.10 per barrel during Tuesday’s Asian...

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Japanese Yen might struggle to gain any meaningful traction amid BoJ uncertainty

The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and reverses a part of the previous day's losses to the 150.00 psychological mark, or the lowest level since early...

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Global investors remain in the fog on China, while Wall Street charges ahead like a runaway train

After Beijing’s weekend stimulus update fell flat, global investors were left in a fog, but Wall Street charged ahead like a runaway...

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Fed's Kashkari: Inflation is progressing lower, labor market remains strong

Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari assuaged markets late Monday, reaffirming the Fed's data-dependent stance and reiterating common Fed policymaker talking points about the health of the US economy, including ongoing easing of inflationary pressures and a still-healthy labor market despite a near-term upswing in the overall unemployment...

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NZD/USD Price Analysis: Bears maintain control, eyes on 200-day SMA

In Monday's session, the NZD/USD pair extended its recent decline, falling by 0.30% to...

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Caterpillar stock closes 1.99% lower on Monday

Caterpillar (CAT) closed at $394.06 on Monday, 1.99% lower on the...

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USD/JPY Price Forecast: Hits two-month peak near 150.00

The USD/JPY extended its gains throughout the North American session, up 0.42%, and trading at 149.75 at the time of...

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