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FXStreet Forex News

Israel and Hezbollah announce ceasefire – ING

ICE Brent has been trading flat after a sharp fall on Monday as the market assesses the Middle East's new...

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US Durable Goods Orders rise 0.2% in October vs. 0.5% expected

Durable Goods Orders in the US increased $0.7 billion, or 0.2%, to $286.6 billion in October, the US Census Bureau reported on...

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USD/CAD: Markets mull tariff threat – Scotiabank

Spot is little changed on the day as the Canadian Dollar (CAD)...

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US Dollar extends correction amid condensed bulk economic data release ahead of Thanksgiving

The US Dollar (USD) trades softer against most major peers in the currency markets, with the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, extending this week’s correction and falling below the 106.50...

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EUR/USD Price Forecast: Markets await US first-tier data

The EUR/USD pair traded in a tight range around 1.0500 throughout the first half of the day, as investors stayed in wait-and-see mode ahead of the release of United States (US) macroeconomic...

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Yen jumps on rate hike speculation

Overview: The US dollar has a softer profile today. All the G10 currencies are higher, led by 1%+ surge in the yen amid heightened speculation of a rate hike next month, while the US 10-year yield is near 4.25% today, the lowest since the...

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Chevron Inc. (CVX) Elliott Wave technical analysis [Video]

CVX Elliott Wave Analysis Trading Lounge. Chevron Inc., (CVX) Daily...

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Crude Oil ticks up rumours picking up on OPEC+ discussions

Crude Oil ticks up on Wednesday, flirting with a 1% gain on the day. The move comes with several Organization of the Petroleum Exporting Countries and its allies (OPEC+) delegates confirming talks are underway for another delay of plans for...

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NZ Dollar soars after central bank slashes rates

The New Zealand dollar has ended a five-day losing streak on...

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USD/CNH: USD can break above 7.2800 – UOB Group

Instead of continuing to rise, the US Dollar (USD) is likely to trade in a sideways range between 7.2450 and...

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USD/SGD: Bullish momentum fades – OCBC

S$NEER continued to ease; last at 0.9% above model-implied...

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USD/JPY: Pullback underway – OCBC

USD/JPY continued to fall, in line with our bias for downside...

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USD/JPY plunges to near 151.50 as US Dollar corrects further

The USD/JPY pair is down around 1%, plummets to near 151.50 in European trading hours on...

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FX daily: Sticky inflation to keep Dollar supported

The highlight of today’s session will be the release of the US October core PCE deflator, expected at 0.3%...

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US: Initial Jobless Claims increased to 213K last week

US citizens filing new applications for unemployment insurance rose to 213K for the week ending November 22, as reported by the US Department of Labor (DoL) on...

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EUR/USD: Still capped in mid-1.05s – Scotiabank

The Euro (EUR) is moderately higher on the session, with gains retesting recent peaks around 1.0540 before easing, Scotiabank’s Chief FX Strategist Shaun Osborne...

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USD: Firm data reports today may provide a boost – Scotiabank

The US Dollar (USD) retains something of a softer undertone as the postelection rally ebbs a little (and continues to closely track the post-election pattern of trade from 2016), Scotiabank’s Chief FX Strategist Shaun Osborne...

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AUD/USD bounces after Australian trimmed mean CPI data, Fed rate-cut bets

AUD/USD bounces within a prolonged downtrend to trade in the 0.6870s on Wednesday after the release of Australian inflation data fails to change the widespread view that the Reserve Bank of Australia (RBA) will keep its “arms folded” at the next meeting, leaving its cash rate unchanged at a comparatively high...

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News tsunami cometh

USD: Dec '24 is Down at 106.390. Energies: Jan '25 Crude is Up at...

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Holiday highs: Markets surge amid tariff talk and rate speculation

Dow and S&P close at new RECORD highs. Gold rallies, Bonds rally, Oil sits...

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Mahindra & Mahindra Elliott Wave technical analysis [Video]

Function: Larger Degree Trend Higher (Intermediate degree, Wave (5)...

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USD/JPY outlook: Bears gained traction and violate strong support zone

USDJPY extends fresh bearish acceleration into second day and fell 1.1% during Asian / European trading on...

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Silver Price Forecast: XAG/USD consolidates around $30.50 as US PCE inflation takes center stage

Silver price (XAG/USD) exhibits indecisiveness near $30.50 in Wednesday’s European session, with investors focusing on the United States (US) Personal Consumption Expenditure Price Index (PCE) data for October, which will be published at 15:00...

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GBP: Innocent bystander – ING

With one-week deposit rates at 4.75% and the highest in the G10 space, sterling may be deriving some inflows as the market makes up its mind about the speed and magnitude of Trump's policy...

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NZD/USD: NZD is expected to weaken to 0.5770 – UOB Group

Downward momentum is beginning to build; NZD is expected to weaken to 0.5770, UOB Group’s FX analyst Quek Ser Leang and Lee Sue Ann...

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The world prepares for Trump 2.0

Trump’s re-election and red sweep in congress election implies that significant changes are expected in US foreign policy next...

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DXY: Core PCE in focus – OCBC

DXY: Core PCE in focus – OCBC The US Dollar (USD) drifted a touch lower even as Trump threatened tariffs...

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