FXStreet Forex News

21 Nov 2024 03:53

USD/INR gathers strength ahead of US data, Fedspeak

The Indian Rupee (INR) extends its decline on Thursday. The heightened geopolitical tensions and market reactions due to Donald Trump’s victory in the US presidential elections drag the local currency...

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FXStreet Forex News

21 Nov 2024 02:34

WTI steadies near $69.00 amid geopolitical risks, rise in US crude stock

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.95 on...

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FXStreet Forex News

21 Nov 2024 01:46

Nvidia : When great isn't enough

Nvidia, the titan of artificial intelligence and GPU innovation, crushed Wall Street’s third-quarter expectations with impressive sales and earnings while delivering a forecast that topped even the most optimistic...

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FXStreet Forex News

21 Nov 2024 01:21

Fed’s Collins says more rate cuts are needed

Federal Reserve Bank of Boston President Susan Collins said on Wednesday that more interest-rate cuts are needed, but policymakers should proceed carefully to avoid moving too quickly or too slowly, per...

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FXStreet Forex News

21 Nov 2024 00:20

NZD/USD drifts higher above 0.5850, focus on Fedspeak

The NZD/USD pair posts modest gains to around 0.5875 during the early Asian session on...

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FXStreet Forex News

20 Nov 2024 20:51

Australian Dollar pulls back from weekly high as USD rebounds

The AUD/USD declined by 0.64% to 0.6495 on Wednesday. The decline came after the pair touched a one-week high earlier in the...

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FXStreet Forex News

20 Nov 2024 19:00

US Dollar meets again with gains on quiet Wednesday

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, has traded with solid gains, rising to...

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FXStreet Forex News

20 Nov 2024 18:49

Fed's Bowman: Progress on inflation appears to have stalled

Federal Reserve (Fed) Board of Governors member Michelle Bowman hit newswires on Wednesday, cautioning that it appears the Fed's progress on taming inflation may have hit a...

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FXStreet Forex News

20 Nov 2024 17:38

Fed's Cook: Could see a pause on rate moves if inflation progress slows

Federal Reserve (Fed) Board of Governors member Lisa Cook noted on Wednesday that while she views the overall economic outlook within the US as fairly balanced, the Fed might get forced into a pause on rate cuts if inflation progress slows down while employment remains...

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FXStreet Forex News

20 Nov 2024 15:42

Nvidia results checklist

It is rare that a single stock dominates the global financial space, however, tonight’s earnings report from Nvidia seems like a pivotal moment for global financial...

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FXStreet Forex News

20 Nov 2024 14:45

Markets react to geopolitical tensions and Nvidia anticipation amid volatility

Vlad raises the temperature around the world. Gold, Oil and Bitcoin surge on the back of those rising...

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FXStreet Forex News

20 Nov 2024 14:31

GBP/JPY gains a lift after UK consumer price data and fall in safe-haven flows

GBP/JPY trades higher by about two-thirds of a percent in the 197.30s on Wednesday, after the release of higher-than-expected UK inflation data cemented bets the Bank of England (BoE) will leave its key bank interest rate at a relatively high 4.75% at its December policy meeting, and take a gradual approach to cutting interest rates in the...

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FXStreet Forex News

20 Nov 2024 14:15

EUR/USD: Negotiated wages in Q3 picks up sharply – Scotiabank

European Central Bank (ECB) data showed that negotiated wage growth picked up to 5.4% in Q3, from 3.5% in Q2, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

20 Nov 2024 14:00

USD firmer, poised to resume gains – Scotiabank

Steadier sentiment across risk assets prevails this morning, allowing gains in global stocks and a broader rebound in the US Dollar (USD) after a few days of mild losses, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

20 Nov 2024 13:23

Euro struggles over US tariff fears

The euro remains the worst performer in the G10 since the election, as investors brace for onerous US tariffs on Europe following the appointments of hardliners within the new Trump...

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FXStreet Forex News

21 Nov 2024 03:47

Silver Price Forecast: XAG/USD rises above $31.00 due to escalated Russia-Ukraine conflict

Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $31.00 during the Asian hours on...

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FXStreet Forex News

21 Nov 2024 02:16

PBOC sets USD/CNY reference rate at 7.1934 vs. 7.1935 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1934, as compared to the previous day's fix of 7.1935 and 7.2482 Reuters...

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FXStreet Forex News

21 Nov 2024 01:33

ECB’s Stournaras: 2% inflation target to come in early 2025

The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday that the Eurozone is on the cusp of sustainably reaching 2% inflation, putting the onus on officials to avoid undershooting that goal, per...

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FXStreet Forex News

21 Nov 2024 01:10

USD/CAD remains capped below 1.4000, eyes on US jobs data, Fedspeak

The USD/CAD pair trades on a softer note around 1.3970 amid the modest decline in the Greenback during the early Asian session on...

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FXStreet Forex News

20 Nov 2024 23:29

Nvidia beats estimates, but market enthusiasm is curbed

The time has come, and Nvidia has reported 3Q revenues above forecasts at $35.1bn, beating estimates of...

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FXStreet Forex News

20 Nov 2024 20:39

Forex Today: Back to US data and Fedspeak

The US Dollar regained balance and rose to weekly highs on the back of the resurgence of the Trump-infused impulse, all prior to key data releases in the second half of the week as well as comments from Fed’s rate...

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FXStreet Forex News

20 Nov 2024 18:57

Stocks unsteady for a second day

Equity markets have struggled for a second day as more Western missiles are used inside Russia, while in the US all eyes turn to Nvidia’s results, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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FXStreet Forex News

20 Nov 2024 17:51

BoE's Ramsden: A very small miss on one month's inflation forecast doesn't change my assessment

Bank of England (BoE) Deputy Governor Dave Ramsden spoke late in the London market session on Wednesday, highlighting the BoE dove's stance on rate cuts versus the UK's current inflation...

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FXStreet Forex News

20 Nov 2024 16:02

What the heck happened overnight?

Currencies & metals continue their rally on Tuesday. Lola calls for clients to...

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FXStreet Forex News

20 Nov 2024 15:36

Gold prices have the capacity to go even lower – TDS

How much further can the bounce in Gold prices run? Any way you slice it, this is not the same set-up for flows as a few short months ago, TDS’ Senior Commodity Strategist Daniel Ghali...

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FXStreet Forex News

20 Nov 2024 14:32

The commodities feed: Russia-Ukraine escalation

Brent settled flat yesterday despite rising tension between Russia and...

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FXStreet Forex News

20 Nov 2024 14:30

USD/CAD: CPI has little impact – Scotiabank

The Canadian Dollar (CAD) has slipped back somewhat after gains met resistance in the mid-1.3950 area, as expected, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

20 Nov 2024 14:00

Sterling and gilts pressed lower by firmer CPI

Overview: US dollar and rates are firmer today. All the G10 currencies are lower, led by the Japanese...

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FXStreet Forex News

20 Nov 2024 13:31

Metals: LME lead stocks surge – ING

LME lead stockpiles surged to the highest level since 2013 yesterday after a second consecutive day of big inflows into the exchange’s sheds in Singapore, ING’s commodity analysts Warren Patterson and Ewa Manthey...

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FXStreet Forex News

20 Nov 2024 12:56

Ukraine escalation boosts USD but sees quick reversal

Renewed concerns surrounding the possibility of an escalation in the Ukraine conflict led to a brief bout of Dollar strength yesterday, although this rally was quickly...

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