FXStreet Forex News
26 Nov 2024 02:51
NZD/USD tumbles below 0.5850 as Trump plans new tariffs on China
The NZD/USD pair attracts some sellers to around 0.5810 during the Asian trading hours on...
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FXStreet Forex News
26 Nov 2024 02:35
Hold the presses, tariff man is back
In a striking return to hardline policies, President-elect Trump has dramatically escalated tensions with a brash promise to impose a sweeping 25% tariff on all imports from Canada and Mexico the moment he reassumes...
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FXStreet Forex News
26 Nov 2024 01:44
WTI drifts lower to near $68.50 on possible Middle East ceasefire deal
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.55 on...
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FXStreet Forex News
26 Nov 2024 01:06
Lower yields and a softer Dollar set to brighten Asian markets on Tuesday
The trading week launched with robust enthusiasm, sparked by the appointment of Scott Bessent as the...
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FXStreet Forex News
26 Nov 2024 00:37
Fed’s Kashkari: It’s reasonable to consider a rate cut in December
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that it is still appropriate to consider another interest-rate reduction at the Fed’s December meeting, per...
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FXStreet Forex News
26 Nov 2024 00:18
USD/CAD posts modest gains near 1.4000 as traders brace for FOMC Minutes
The USD/CAD pair trades with mild gains near 1.3990 during the early Asian session on...
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FXStreet Forex News
25 Nov 2024 23:54
GBP/USD churns ahead of quiet week
GBP/USD churned chart paper near the 1.2600 handle, finding thin gains through the day’s market window but failing to recapture the technical level as market flows do little to bolster the Pound...
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FXStreet Forex News
25 Nov 2024 22:14
EUR/AUD Price Forecast: Rallies to two-day high, but not out of the woods
The EUR/AUD recovered and rallied above the 1.6100 figure, hitting a new two-day high of 1.6163 as risk appetite...
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FXStreet Forex News
25 Nov 2024 21:22
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FXStreet Forex News
25 Nov 2024 21:09
Gold price tumbles on Israel-Hezbollah ceasefire rumors, furious risk-on mood
Gold price (XAU/USD) plummeted during Monday’s North American session as news from a ceasefire between Lebanon and Israel crossed the wires, exacerbating appetite for riskier...
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FXStreet Forex News
25 Nov 2024 20:23
Forex Today: Investors’ focus gyrates to the FOMC Minutes
The Greenback started the week on the back foot following alleviated concerns surrounding the US political backdrop after President-elect...
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FXStreet Forex News
25 Nov 2024 19:19
Mexican Peso rallies on upbeat market mood, weak US Dollar
The Mexican Peso begins the week on the front foot against the US Dollar due to an improvement in risk appetite and overall US Dollar...
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FXStreet Forex News
25 Nov 2024 18:59
US Dollar declines on quiet Monday, markets await drivers
The US Dollar Index (DXY) retreated from its fresh two-year high on Friday, softening towards...
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FXStreet Forex News
25 Nov 2024 18:46
Global economy: Are we still on track for a soft landing?
Much has happened since Q4 Outlooks published in September cheeringly predicted, as a matter of consensus, that the global economy was heading for a soft landing after the sharpest inflation surge and most abrupt monetary tightening in...
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FXStreet Forex News
25 Nov 2024 18:20
AUD/USD Price Forecast: Extra losses likely below 0.6630
The US Dollar (USD) made a sharp reversal at the start of the week, giving back a significant portion of last week’s gains after President-elect Donald Trump appointed Wall Street veteran...
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FXStreet Forex News
26 Nov 2024 02:48
Chinese Envoy to Australia: US policy on trade with China and other countries will have an impact
China’s Ambassador to Australia said on Tuesday that “US policy on trade with China and other countries will have an impact.” The Envoy noted that they “expect China and the US to engage with each other to talk about each other's policies on how to manage relationship.” Related news Trump vows 25% tariffs on Mexico and Canada, additional 10% tariffs on Chinese goods AUD/USD Price Forecast: Extra losses likely below 0.6630 Forex Today: Investors’ focus gyrates to the FOMC Minutes...
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FXStreet Forex News
26 Nov 2024 02:18
PBOC sets USD/CNY reference rate at 7.1910 vs. 7.1918 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1910, as compared to the previous day's fix of 7.1918 and 7.2357 Reuters...
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FXStreet Forex News
26 Nov 2024 01:06
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FXStreet Forex News
26 Nov 2024 00:47
ECB's Nagel: Central bank must not cut interest rates too quickly
The European Central Bank (ECB) Governing Council member Joachim Nagel said that inflation that’s headed toward the ECB’s target will allow for more interest-rate cuts, but officials mustn’t rush, per...
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FXStreet Forex News
26 Nov 2024 00:28
Fed's Goolsbee argues for rate cuts barring signs of overheating
Federal Reserve Bank of Chicago President Austan Goolsbee said on Monday that he foresees the Fed continuing to lower rates toward a stance that neither restricts nor promotes economic activity, per...
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FXStreet Forex News
26 Nov 2024 00:12
EUR/USD scrambles to recover lost ground near 1.05
EUR/USD scrambled for higher ground on Monday, clipping back into the 1.0500 handle amid a broad-market relaxing of Greenback bidding as investors step back into a risk-on mood, albeit with limited...
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FXStreet Forex News
25 Nov 2024 21:47
Three stocks under $15 that are in the midst of rallies
The US stock market is shooting higher on Monday as Wall Street dances in celebration of President-elect Donald Trump’s choice for Treasury...
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FXStreet Forex News
25 Nov 2024 21:22
Australian Dollar retreats from daily highs, rejected at 20-day SMA
The AUD/USD declined by 0.14% to 0.6495 in Monday's session, driven by selling pressure near the intraday high of...
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FXStreet Forex News
25 Nov 2024 20:42
What a slide in Gold! The top is (most likely) in
Have you previously seen gold slide $100 in several hours? Now you...
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FXStreet Forex News
25 Nov 2024 20:09
EUR/USD Price Forecast: Bullish attempts should be temporary
The week began on a promising note for EUR/USD, which climbed to two-day highs above the 1.0500 mark, driven by a sharp decline in the US Dollar...
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FXStreet Forex News
25 Nov 2024 19:05
Dow Jones Industrial Average finds new record highs on peace talks and Trump picks
The Dow Jones Industrial Average (DJIA) lurched into the high side on Monday, kicking the new trading week off with a fresh record high just a hair below the 44,800...
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FXStreet Forex News
25 Nov 2024 18:48
China: Reassuring signs of improvement
Activity indicators for October showed encouraging signs of accelerating...
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FXStreet Forex News
25 Nov 2024 18:20
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FXStreet Forex News
25 Nov 2024 17:30
Indices rise but Oil slumps on ceasefire reports
Indices have begun the week on the front foot, but news of a ceasefire in Lebanon has weighed heavily oil prices, says Chris Beauchamp, Chief Market Analyst at online trading platform...
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