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FXStreet Forex News

Japanese Yen jumps to over one-month high against USD after Tokyo CPI release

The Japanese Yen (JPY) strengthens across the board following the release of strong November consumer inflation figures from Tokyo, Japan’s capital, which backs the case for another Bank of Japan (BoJ) interest rate hike in...

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Australian Dollar rises as RBA Bullock states inflation too high to consider rate cuts

The Australian Dollar (AUD) extends its winning streak for the third successive session on Friday following the hawkish comments from Reserve Bank of Australia (RBA) Governor Michele...

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Putin threatens 'all means of destruction' if Ukraine gets nuclear weapons

Russian President Vladimir Putin issued a series of military threats towards Ukraine and reiterated earlier statements that the US and other European allies now have "direct involvement" in Ukraine's conflict with Russia during a press conference in the Kazakhstan capital city, per Sky...

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Breaking: Japan's Tokyo CPI inflation rises to 2.6% YoY in November vs. 1.8% prior

The headline Tokyo Consumer Price Index (CPI) for November rose 2.6% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on...

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Breaking: Japan's Tokyo CPI inflation to 2.6% YoY in November vs. 1.8% prior

The headline Tokyo Consumer Price Index (CPI) for November rose 2.6% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on...

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Breaking: Japan's Tokyo Consumer Price Index rises by 2.6% YoY in November vs. 1.8% prior

The headline Tokyo Consumer Price Index (CPI) for November rose 2.6% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on...

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Gold remains above $2,600 amid geopolitical tensions, Fed easing speculation

Gold price consolidated around $2,630 on Thursday amid thin liquidity trading as US markets are closed for...

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EUR/USD treads water ahead of key EU inflation print

EUR/USD churned chart paper just south of the 1.0600 handle on Thursday, failing to extend Fiber’s recent bullish recovery but not losing any ground...

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NZD/USD Price Analysis: Pair faces resistance at 20-day SMA, momentum persists

The NZD/USD declined slightly in Thursday's session, reaching a low of 0.5895, before recovering some...

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Australian Dollar struggles near 0.6500 due to concerns surrounding US-China trade war

The AUD/USD stands mixed around 0.6495 in Thursday's session, reversing early...

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Canadian Dollar tepid amid US holiday markets

The Canadian Dollar (CAD) traded thinly on Thursday, sticking to the 1.4000 handle against the Greenback as global markets grind into slow gear in the latter half of the trading week with overall market volumes crimped by a lack of flow from US...

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Inflation tracker: Service prices are holding up

A slight rise in inflation was seen on both sides of the Atlantic this...

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Small gains for Europe in quiet session

A quiet day of trading due to the US holiday has still seen struggling European indices make headway, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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Gold Price Forecast: XAU/USD at risk of falling

Spot Gold remains lifeless below the $2,650 level on a quiet Thursday as investors gear up for an extended...

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WTI holds steady above $68.00, all eyes on OPEC+ meeting

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.85 on...

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PBOC sets USD/CNY reference rate at 7.1877 vs. 7.1894 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1877, as compared to the previous day's fix of 7.1894 and 7.2244 Reuters...

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USD/JPY attracts some sellers below 151.00 as Japan’s Tokyo CPI inflation accelerates in November

The USD/JPY pair loses traction to around 150.95 during the early Asian session on...

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ECB's Villeroy: Victory against inflation is in sight

The European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that the central bank should keep its options open for a bigger rate cut next month and its policy rate could eventually fall to a level that once again boots growth, per...

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RBA's Bullock: Inflation too high to consider rate cuts

Reserve Bank of Australia (RBA) Governor Michele Bullock said on Thursday that Australia’s core inflation is “too high” to consider interest-rate cuts in the near...

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USD/CAD softens to near 1.4000, eyes on Canadian GDP data

The USD/CAD pair extends its downside to near 1.4010 during the early Asian session on Friday, pressured by the weakening of the US Dollar (USD) after the holiday-thinned...

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GBP/USD heads into a thin Friday on a quiet note

GBP/USD saw a quiet Thursday session, trading on the thin side and holding on near the 1.2700...

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EUR/USD Price Forecast: The break of 1.0600 questionable as the price drifts away

EUR/USD retreated from weekly highs of 1.0600 on Thursday due to thin liquidity conditions as US markets remain closed for...

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Forex Today: European inflation data in the barrel

US markets took Thursday off for the Thanksgiving holiday, keeping the Greenback at bay and setting up European-session traders for a fresh round of preliminary pan-European HICP inflation figures for...

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EUR/AUD Price Forecast: Slumps on bets for dovish ECB, bears eye 1.6200

The Euro took a hit and dived against the Australian Dollar as traders seemed convinced that the European Central Bank (ECB) would lower borrowing costs at the upcoming...

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US Dollar seeks direction amid thin liquidity as US markets remain closed

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades near 106.00 on Thursday, tilted higher by the US Dollar (USD)...

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Mexican Peso trims losses on Trump’s friendly remarks

The Mexican Peso rallied against the US Dollar on Thursday after being pressured by Trump’s tariff...

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AUD/USD Forecast: Battle around 0.6500 likely to continue

The AUD/USD pair hovers around 0.6500, trimming Asian losses but unable to extend its positive...

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EUR/CAD Price Analysis: Bears rejected pair at 20-day and 200-day SMA convergence

The EUR/CAD fell by 0.30% on Thursday, reaching approximately...

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