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FXStreet Forex News

JPY: Fiscal-monetary policy mix moves more supportive – ING

The Japanese Yen (JPY) is starting to show a little strength on the...

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Markets climb amid strong retail earnings, economic optimism, Bitcoin teases $100k

Strong retail earnings and strong eco data drive stocks...

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Crude Oil retreats slightly at start of Thanksgiving week as focus shifts to OPEC+ meeting

Crude Oil takes a step back on Monday, trading at around $70, after a calmer weekend on the geopolitical front and ahead of a holiday-shortened week in the US due to...

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USD/CNH: USD to trade between 7.2300 and 7.2600 – UOB Group

The US Dollar (USD) is expected USD to trade between 7.2300 and...

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USD/JPY: Expected to edge below 153.70 – UOB Group

The US Dollar (USD) is expected to edge below 153.70; the major support at 153.30 is unlikely come under...

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Gold stalls near 2.700 – Is it losing its shine?

Gold felt Monday's blues, retreating immediately toward its 20-day simple moving average (SMA) at 2,670 after five consecutive winning...

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Tesla Inc. (TSLA) Elliott Wave technical analysis [Video]

Function: Trend. Mode: Impulsive. Structure: Motive. Position: Minor wave...

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USD/JPY: Downside play – OCBC

USD/JPY turned lower, amid pullback in UST yields and USD. Bessent relief is the latest trigger behind the USD...

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Trump pick of bessent for treasury sec viewed as an antidote

EU Mid-Market Update: Trump pick of Bessent for Treasury Sec viewed as an antidote to President-elect's most extreme economic...

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Gold falls on Trump’s choice of new Treasury Secretary

Gold (XAU/USD) falls over one percent on Monday to trade in the $2,670s after markets let out a sigh of relief at the appointment of a “safe pair of hands” to take over from Janet Yellen as the next US Treasury...

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EUR/USD: Near term retracement – OCBC

The Euro (EUR) fell to 2-year low last Fri after PMIs slumped in Germany and...

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GBP/USD: GBP can rise to 1.2625– UOB Group

The Pound Sterling (GBP) could rise to 1.2625; the strong resistance at 1.2650 is unlikely to come into...

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DXY: Risk of technical retracement lower – OCBC

The US Dollar (USD) started the week on a softer footing as markets reacted to Trump’s pick for Treasury Secretary, Scott...

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EUR/USD: EUR can edge higher to 1.0520 – UOB Group

The Euro (EUR) could edge higher to 1.0520; the strong resistance at 1.0560 is unlikely to come under...

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Axis Bank LTD Indian stocks Elliott Wave technical analysis [Video]

Function: Counter Trend (Minor degree, Grey. Wave A...

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USD: In the lead – Rabobank

The US Dollar (USD) net short positions have increased, driven by a decrease in long...

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EUR: 25bp or 50bp from the ECB is the story – ING

Friday's soft eurozone PMI releases – especially the drop in the services component – hit the short-end of the region's rate market hard and took EUR/USD to the lowest levels since...

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USD: FOMC minutes and core PCE in focus this week – ING

The Dollar Index (DXY) briefly traded above 108 on Friday, although this was primarily a euro rather than dollar-driven move, ING’s FX analyst Chris Turner...

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NZD/USD: NZD can edge higher to 0.5880 – UOB Group

Provided that 0.5825 is not breached; the New Zealand Dollar (NZD) could edge higher to...

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USD/SGD: Retracement underway – OCBC

USD/SGD fell in early trade this morning, tracking the broad USD...

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AUD/USD: Unlikely to reach the major resistance at 0.6600 – UOB Group

The Australian Dollar (AUD) could advance above 0.6560 but is unlikely to reach the major resistance at...

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EUR/USD: Late stages of a big corrective decline [Video]

EURUSD is coming to the downside, and hit 1.04 as expected, after breaking below October 2023 low. Big reversal can happen in...

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Five fundamentals for the week: Fed minutes may cool Bessent boost, jobless claims, core PCE eyed

Will the rally around Scott Bessent's nomination continue? The short Thanksgiving week features a busy Wednesday packed with events, and the central bank may cool the...

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S&P 500 Elliott Wave technical analysis [Video]

S&P 500 Elliott Wave Analysis Trading Lounge Day Chart. S&P 500 Elliott Wave technical analysis Function: Bullish...

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EUR/USD amid slowing European economy

EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank...

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FXStreet Forex News

EUR/USD struggles to hold onto recovery as US Dollar bounces back

EUR/USD faces selling pressure near the psychological resistance of 1.0500 in Monday’s European session after a solid opening that lost some steam as the US Dollar (USD) attempts to...

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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Monday, according to FXStreet...

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