FXStreet Forex News

18 Oct 2024 06:04

Japanese Yen strengthens against USD amid fresh verbal intervention from authorities

The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Friday and for now, seems to have snapped a two-day losing streak to its lowest level since early August touched the previous...

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FXStreet Forex News

18 Oct 2024 05:06

WTI inches higher to near $70.50 following drop in US Oil stocks

West Texas Intermediate (WTI) Oil price extends its gains for the second consecutive day, trading around $70.40 per barrel during Asian hours on...

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FXStreet Forex News

18 Oct 2024 04:35

PBOC Governor Pan: PBOC provides specific directions for stock buybacks and reloans to increase holdings

People's Bank of China (PBOC) Governor Pan Gongsheng said on Friday that the Chinese central bank “provided specific directions for stock buybacks and reloans to increase holdings, and it is the bottom line that credit funds cannot enter the stock market in violation of regulations.” Additional quotes Central bank's provision of stock buyback and additional purchase re-loans has specific directional aims, and a fundamental bottom line is that loan funds must not unlawfully enter the stock...

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FXStreet Forex News

18 Oct 2024 04:23

Japanese official: Closely watching FX moves with a high sense of urgency, including speculative moves

A Japanese government spokesman delivered some verbal warnings after the Japanese Yen fell below 150.00 against the US...

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FXStreet Forex News

18 Oct 2024 04:12

USD/INR loses traction as traders await more cues about Fed rate cuts

The Indian Rupee (INR) recovers on Friday on the modest decline of the US Dollar...

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FXStreet Forex News

18 Oct 2024 03:58

Gold price hits fresh record high, climbs above $2,700 mark

Gold price (XAU/USD) climbs above the $2,700 mark, hitting a fresh record high on Friday amid the expected interest rate cuts by major central banks and easing monetary policy...

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FXStreet Forex News

18 Oct 2024 03:47

Japan’s Top FX Diplomat Mimura: Closely watching FX moves with a high sense of urgency

Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Friday, he is “closely watching FX moves with a high sense of urgency.” Additional comments Recent Yen moves are somewhat rapid and...

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FXStreet Forex News

18 Oct 2024 03:16

PBOC sets USD/CNY reference rate at 7.1274 vs. 7.1220 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1274, as compared to the previous day's fix of 7.1220 and 7.1267 Reuters...

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FXStreet Forex News

18 Oct 2024 02:02

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FXStreet Forex News

18 Oct 2024 02:00

NZD/USD softens to near 0.6050 ahead of Chinese GDP, Retail Sales data

The NZD/USD pair remains on the defensive near 0.6055 during the early Asian session on...

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FXStreet Forex News

18 Oct 2024 01:34

Japan’s National CPI rises 2.5% YoY in September, Core CPI rises more than expected

Japan’s National Consumer Price Index (CPI) rose 2.5% YoY in September, compared to the previous reading of 3.0%, according to the latest data released by the Japan Statistics Bureau on Friday, Further details unveil that the National CPI ex Fresh food arrived at 2.4% YoY in September versus 2.8%...

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FXStreet Forex News

18 Oct 2024 01:00

USD/CAD posts modest gains to near 1.3800 on firmer US Dollar

The USD/CAD pair trades with mild gains around 1.3795 during the early Asian session on...

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FXStreet Forex News

17 Oct 2024 23:34

USD/JPY Price Forecast: Rallies above 150.00 on strong US Dollar

The USD/JPY climbs past the 150.00 figure on upbeat US Retail Sales and jobs data, gains over 0.38%, and trades at...

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FXStreet Forex News

17 Oct 2024 22:45

Coca-Cola stock closes 0.95% lower on Thursday

Coca-Cola (KO) closed at $69.90 on Thursday, 0.95% lower on the...

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FXStreet Forex News

17 Oct 2024 21:30

Travelers stock pounces 8% on enormous profit growth, TRV could run to $280

The Travelers Companies (TRV) stock has popped 8% on Thursday after its third-quarter earnings surprised to the...

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FXStreet Forex News

18 Oct 2024 05:49

Gold Price Forecast: XAU/USD captures $2,700 for first time ever, what’s next?

Gold price is sitting at the highest level on record above $2,70o early Friday, with the latest uptick led by China’s stimulus optimism and a broad-based US Dollar (USD)...

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FXStreet Forex News

18 Oct 2024 04:35

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FXStreet Forex News

18 Oct 2024 04:29

China’s NBS: September economic indicators showed positive changes

Following the publication of the high-impact China’s growth and activity data for September, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on...

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FXStreet Forex News

18 Oct 2024 04:22

NZD/USD flat lines above mid-0.6000s after Chinese data, seems vulnerable near two-month low

The NZD/USD pair extends its sideways consolidative price move through the Asian session on Friday and remains within the striking distance of a nearly two-month low touched earlier this...

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FXStreet Forex News

18 Oct 2024 04:02

China’s economy expands 4.6% YoY in Q3 2024 vs. 4.5% expected

China’s economy expanded at an annual rate of 4.6% in the third quarter of 2024 after growing 4.7% in the second quarter, the official data published by the National Bureau of Statistics (NBS) showed on...

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FXStreet Forex News

18 Oct 2024 03:51

Australian Dollar appreciates due to fading likelihood of RBA rate cuts, awaits China GDP

The Australian Dollar (AUD) continued to strengthen against the US Dollar (USD) for the second consecutive day on...

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FXStreet Forex News

18 Oct 2024 03:20

PBOC says it's necessary to increase support for the economy

The People's Bank of China (PBoC), National Financial Regulatory Administration (NFRA) and China Securities Regulatory Commission (CSRC) held a meeting on Financial Incremental Policies on...

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FXStreet Forex News

18 Oct 2024 02:53

USD/JPY weakens to near 150.00 after Japanese CPI inflation data

The USD/JPY pair edges lower to around 150.05 despite the firmer US dollar (USD) on Friday during the early Asian...

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FXStreet Forex News

18 Oct 2024 02:02

EUR/USD continues to slump after ECB rate cut

EUR/USD continues to backslide following the European Central Bank’s (ECB) quarter-point rate trim early...

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FXStreet Forex News

18 Oct 2024 01:53

GBP/USD halts the slide for now

GBP/USD managed to plug the leaks and stop its most recent backslide, but potential for a bullish rebound remains tepid at...

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FXStreet Forex News

18 Oct 2024 01:24

Netflix results: Everybody wants this

Netflix had another stellar quarter in Q3. The company beat earnings estimates, reporting revenue of $9.82bn, better than the $9.77bn...

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FXStreet Forex News

18 Oct 2024 00:05

NZD/JPY Price Analysis: Consolidating in neutral terrain, 20-day SMA remains the one to watch

In Thursday's session, the NZD/JPY pair rose by 0.45% to 90.95, continuing the sideways movement seen in the past few...

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FXStreet Forex News

17 Oct 2024 23:14

Canadian Dollar ends recovery run as quickly as it began

The Canadian Dollar (CAD) snapped its recent recovery, falling back into the low end on Thursday, driven lower by an overall upbeat market tone toward the...

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FXStreet Forex News

17 Oct 2024 22:04

Australian Dollar recovers on strong labor data

In Thursday's session, the AUD/USD currency pair experienced a gain of 0.40%, reaching 0.6695 mainly due to positive labor market data reported during the Asian...

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FXStreet Forex News

17 Oct 2024 21:26

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