FXStreet Forex News

25 Nov 2024 10:22

Mexican Peso recovers on Bessent appointment

The Mexican Peso (MXN) trades higher in its key pairs on Monday, with the MXN doing particularly well against the US Dollar (USD) due to the perception that with the appointment of the new US Treasury Secretary Scott Bessant, US government spending will be more restrained and tariffs will primarily target...

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FXStreet Forex News

25 Nov 2024 10:10

GBP/JPY Elliott Wave technical analysis [Video]

GBPJPY Elliott Wave Analysis Trading Lounge British Pound/Japanese Yen (GBPJPY) GBPJPY Elliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Navy blue wave 1 Position: Gray wave C Next Higher Degree Direction: Navy blue wave 2 Details: The analysis indicates that gray wave B appears completed, with navy blue wave 1 of gray wave C now in...

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FXStreet Forex News

25 Nov 2024 10:03

Forex: Bessent and the “ 3-3-3”

Trump’s cabinet continues to evolve with an unexpected twist, marked by the appointment of Scott Bessent, another former Democrat and protégé of the liberal titan George Soros, as the Treasury...

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FXStreet Forex News

25 Nov 2024 09:31

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FXStreet Forex News

25 Nov 2024 09:27

NZD/USD Price Forecast: Moves below 0.5850 toward an oversold zone

The NZD/USD pair continues its losing streak for the fourth consecutive day, trading near 0.5840 during European hours on...

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FXStreet Forex News

25 Nov 2024 09:17

Stock markets test resistance levels

Emini S&P December choppy again as we bounce from 5940. The low & high for the last session were 5940 -...

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FXStreet Forex News

25 Nov 2024 09:08

Eurozone stumbles as PMI data highlights growing US-EMU divergence

The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and...

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FXStreet Forex News

25 Nov 2024 09:01

Pound Sterling rises as traders expect BoE to follow gradual policy-easing path

The Pound Sterling (GBP) bounces back strongly at the start of the week and outperforms its major peers after facing a sharp sell-off on...

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FXStreet Forex News

25 Nov 2024 08:59

EUR/USD Forecast: Euro struggles to turn bullish despite opening higher

EUR/USD lost more than 1% for the third consecutive week but opened with a bullish gap on...

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FXStreet Forex News

25 Nov 2024 08:53

Using a moving average as support technical analysis: Gold, GBP/USD, 200 AUD

They say a bad workman blames his tools. Quite often, good work means using the right...

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FXStreet Forex News

25 Nov 2024 08:36

WTI crude breaks $70: Bull flag retest in sight amid key economic catalysts

WTI Crude (CL) gained 1.5% Friday closing the week above the psychologically key 70 whole figure...

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FXStreet Forex News

25 Nov 2024 08:11

Forex Today: US Dollar weakens as holiday-shortened week starts

Here is what you need to know on Monday, November 25: The US Dollar (USD) Index opened with a bearish gap after closing the previous week in positive...

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FXStreet Forex News

25 Nov 2024 07:46

European equities are cheap

Last week was marked by an improved sentiment in the US, but not so much in...

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FXStreet Forex News

25 Nov 2024 06:53

EUR/USD Price Forecast: The bearish outlook remains in play below 1.0500

The EUR/USD pair trades in positive territory near 1.0475 during the early European session on...

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FXStreet Forex News

25 Nov 2024 06:47

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FXStreet Forex News

25 Nov 2024 10:10

BoE’s Lombardelli: I support a gradual removal of monetary policy restriction

Bank of England (BoE) Deputy Governor for Monetary Policy Clare Lombardelli said on Monday, “I support a gradual removal of monetary policy restriction.“ Additional quotes The UK economy has made good progress on...

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FXStreet Forex News

25 Nov 2024 10:10

GBP/JPY holds gains above 194.00 as traders expect BoE to reduce rates gradually

GBP/JPY remains stable after a volatile session, trading near 194.20 during European hours on...

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FXStreet Forex News

25 Nov 2024 09:53

GBP/USD Forecast: Pound Sterling remains fragile as key resistance remains intact

GBP/USD gathered bullish momentum at the weekly opening and climbed above...

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FXStreet Forex News

25 Nov 2024 09:31

AUD/USD Price Forecast: Seems vulnerable to retest multi-month low, around 0.6440 area

The AUD/USD pair attracts some intraday sellers in the vicinity of mid-0.6500s, or a nearly two-week high touched earlier this Monday and fills a major part of its bullish gain opening during the early European...

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FXStreet Forex News

25 Nov 2024 09:24

Eurozone PMI falls in November

In Romania, the first round of presidential elections took place over the...

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FXStreet Forex News

25 Nov 2024 09:10

Eventful week in most of the CEE countries

Several CEE countries will see important data releases. We will begin with Poland, as this week will be release-heavy, with retail, industry, producer prices and wage growth at the beginning of the week as well as the 3Q24 GDP structure and flash estimate of November’s inflation at the end of the...

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FXStreet Forex News

25 Nov 2024 09:05

EUR/USD: Euro touched 1.0500 level in a strong reaction mode, but further gains are doubtful

The single European currency is trading below the 1,05 level it touched earlier in the early hours of Monday as the reaction after the sharp drop on Friday shows signs of...

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FXStreet Forex News

25 Nov 2024 09:00

AUD/JPY extends losses to near 100.50, downside seems limited due to hawkish RBA

AUD/JPY experiences volatility but remains subdued for the third successive day, trading around 100.50 during the early European hours on...

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FXStreet Forex News

25 Nov 2024 08:53

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FXStreet Forex News

25 Nov 2024 08:42

The week ahead: Risk is back on as we wait for Fed Minutes and Black Friday

The start of this week could be dominated by news about President elect Trump’s choice of Scott Bessant as his pick for Treasury...

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FXStreet Forex News

25 Nov 2024 08:12

EUR/GBP strengthens above 0.8300 despite rising bets of aggressive ECB rate cuts

The EUR/GBP cross strengthens to near 0.8320 during the early European trading hours on...

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FXStreet Forex News

25 Nov 2024 07:50

Weak Euro area PMIs raise concerns over growth outlook

Today, in Germany we receive the Ifo growth indicator for...

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FXStreet Forex News

25 Nov 2024 07:10

CFTC Positioning Report: EUR net shorts increased further

These are the key highlights from the CFTC Positioning Report for the week ending November...

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FXStreet Forex News

25 Nov 2024 06:49

FX option expiries for Nov 25 NY cut

FX option expiries for Nov 25 NY cut at 10:00 Eastern Time via DTCC can be found...

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FXStreet Forex News

25 Nov 2024 06:47

Relief rallies for foreign equities

Asia market update: Relief rallies for foreign equities...

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