FXStreet Forex News

17 Oct 2024 21:26

Gold price hits record high amid US election uncertainty

Gold price hit a record high during the North American session on Thursday, yet it failed to hit $2,700 amid uncertainty around US...

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FXStreet Forex News

17 Oct 2024 20:51

Back-to-back rate cuts for the ECB

As widely expected by markets and economists, the European Central Bank (ECB) reduced all three key benchmark rates by 25 basis points (bps) today amid easing inflationary...

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FXStreet Forex News

17 Oct 2024 20:12

EUR/USD Price Forecast: Initial support emerges at 1.0800

EUR/USD continued its downward trend on Thursday, reaching fresh two-month lows near the 1.0800 neighbourhood and extending the recent break below the critical 200-day Simple Moving Average (SMA) at...

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FXStreet Forex News

17 Oct 2024 19:09

Mexican Peso plunges to hit two-month low on upbeat US data

The Mexican Peso remains on the defensive, posting four days of losses against the...

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FXStreet Forex News

17 Oct 2024 18:57

Gold Price Forecast: XAU/USD nears $2,700 amid US elections’ uncertainty

Gold price reached a fresh all-time high on Thursday, trading as high as $2,969.63 a troy ounce during American trading...

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FXStreet Forex News

17 Oct 2024 18:45

AUD/USD Price Forecast: The 200-day SMA holds the selling pressure

AUD/USD managed to regain some balance on Thursday, bouncing off recent lows near 0.6650 and flirting once again with the key 0.6700...

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FXStreet Forex News

17 Oct 2024 18:41

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FXStreet Forex News

17 Oct 2024 18:17

EUR/GBP Price Analysis: Mixed outlook as selling pressure rises, 20-day SMA rejects buyers

In Thursday's session the EUR/GBP declined by 0.30% to 0.8330 after the cross surged and attempted to recover the 20-day SMA on Wednesday but got rejected and resumed its downwards...

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FXStreet Forex News

17 Oct 2024 17:05

AUD: Outlier for the time being – Rabobank

The RBA and the Norges Bank are vying for the position as the second most...

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FXStreet Forex News

17 Oct 2024 16:55

GBP/USD Price Forecast: Struggles at 1.3000, yet remains flat

The Pound Sterling recovered some ground yet cannot hold firm above the 1.3000 figure against the...

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FXStreet Forex News

17 Oct 2024 16:11

Industrial production whiffs in September, down for Q3 as a whole

Industrial production fell in September as capacity utilization dropped to a three-year...

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FXStreet Forex News

17 Oct 2024 15:51

Silver Price Forecast: XAG/USD consolidates below $32 as investors look for fresh Fed rate cut cues

Silver price (XAG/USD) trades in a tight range below the key resistance of $32.00 in Thursday’s North American...

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FXStreet Forex News

17 Oct 2024 15:23

Retail Sales post broad advance in September

Despite worries about the financial health of the consumer and potential weakening in the labor market,...

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FXStreet Forex News

17 Oct 2024 15:21

​ECB Press Conference: Lagarde comments on policy outlook after lowering key rates by 25 bps

The European Central Bank (ECB) interest rate decision will be announced following the October monetary policy meeting at 12:15 GMT on...

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FXStreet Forex News

17 Oct 2024 15:18

USD/CHF Price Prediction: Text-book bullish trend unfolds

USD/CHF unfolds a text-book trend higher with alternating climbing peaks and troughs on the 4-hour...

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FXStreet Forex News

17 Oct 2024 20:58

Forex Today: Key Chinese data and Fedspeak come to the fore

The rally in the US Dollar remained unabated for yet another session, this time equally underpinned by firmer US data releases and the marginally dovish rate cut by the ECB at its policy...

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FXStreet Forex News

17 Oct 2024 20:45

US Dollar advances after ECB dovish outlook, US Retail Sales

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, has continued its upward trajectory, marking its fifth consecutive day of...

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FXStreet Forex News

17 Oct 2024 19:43

Dow Jones climbs into record high bids on Thursday

The Dow Jones Industrial Average (DJIA) found a new all-time high on Thursday, bolstered by investors piling back into the AI stock rally and gaining over 200 points from the day’s opening...

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FXStreet Forex News

17 Oct 2024 19:01

SPDR consumer staples ETF ( $XLP ) found buyers at the blue box area

Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Consumer Staples ETF...

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FXStreet Forex News

17 Oct 2024 18:46

AUD/USD Elliott Wave analysis: Short term favors downside from bounces

Hello traders, welcome to a new Forex blog post. In this one, we will discuss AUDUSD short-term Elliott wave...

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FXStreet Forex News

17 Oct 2024 18:43

ECB delivers back-to-back rate cuts

In a widely expected decision, the European Central Bank (ECB) cut is policy rate 25 bps to 3.25% at today's...

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FXStreet Forex News

17 Oct 2024 18:41

ECB review: A rate cut and awaiting more data

The ECB judged that since the last GC meeting in September ‘The incoming information on inflation shows that the disinflationary process is well on track.’ And that the ‘inflation outlook is also affected by recent downside surprises in indicators of economic...

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FXStreet Forex News

17 Oct 2024 17:12

ECB Commentary: Downside risks building – TDS

As fully expected, the ECB cut rates by 25bps today, TDS’ economists...

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FXStreet Forex News

17 Oct 2024 16:57

Silver Price Forecast: XAG/USD extends gains, buyers target $32.00

Silver's price extended its gains to three straight days yet remains below the $32.00 figure as US Treasury yields cap the grey metal’s...

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FXStreet Forex News

17 Oct 2024 16:24

EUR/AUD weakens on combo of ECB rate cut and Aussie employment data

EUR/AUD falls by almost three-quarters of a percent to the 1.6180s on Thursday after a combination of stronger-than-expected Australian labor market data boosted the Australian Dollar (AUD) whilst the Euro (EUR) depreciated ahead of the European Central Bank’s (ECB) decision to cut interest rates, and remained under pressure as the bank telegraphed a mildly negative economic outlook for the region going...

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FXStreet Forex News

17 Oct 2024 16:03

Euro faces headwinds as ECB cuts rates, lagarde hits slightly dovish tone

The euro is facing some headwinds this afternoon, after the ECB cut interest rates again, while hinting at more easing ahead in its accompanying...

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FXStreet Forex News

17 Oct 2024 15:29

Sounding like a broken record

The Dollar continues to get bought. ECB meets today. Good...

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FXStreet Forex News

17 Oct 2024 15:21

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FXStreet Forex News

17 Oct 2024 15:18

Lagarde speech: Still looking at soft landing

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the October policy meeting and responds to questions from the...

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FXStreet Forex News

17 Oct 2024 15:09

Platinum: Few pockets of risk on the radar – TDS

Platinum prices have been tradintg strong, but we now see the most extremely asymmetric set-up in algo flows across our global macro radar, TDS’ FFX analysts Daniel Ghali...

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