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FXStreet Forex News

Gold outlook: Price rises on renewed geopolitical tensions

Gold jumped on Friday (up 0.7%) until early US trading as fresh rise in geopolitical tensions boosted safe haven demand. Friday’s acceleration generated clearer direction signal after the action in past three days showed a gradual recovery but was shaped in long-legged Doji candles and warning of unclear situation.

What's next for Gold?

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Silver Price Forecast: XAG/USD shines and climbs above 100-day SMA

Silver price advanced on Friday and finished the session with gains of over 1.33%, yet printed losses of 2.30% in the...

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Forecasting the upcoming week: Another go around the NFP wheel

US employment and labor data will take center stage once again as markets wind themselves up to another monthly update to US NFP net jobs additions report next...

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Gold prices rebound amid geopolitical tensions, Fed dovish bets

Gold's price advanced late during the North American session on Friday, up by 0.67%, yet it remains set to print monthly losses of over...

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Dow Jones Industrial Average climbs to fresh record on Friday

The Dow Jones Industrial Average (DJIA) explored territory north of the 45,000 handle for the second time this...

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US Dollar steady as US traders return from Thanksgiving

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades near 106.10 with mild losses but trimmed most of its daily losses, which saw the index below...

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EUR/CAD Price Analysis: Buyers try to reclaim 20-day SMA after bearish crossover

The EUR/CAD pair saw a slight uptick in Friday's session, climbing by 0.26% to reach...

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GBP/USD Price Forecast: Clings to daily gains below 1.2700

The Pound Sterling clings to earlier gains yet trades off the weekly highs, which reached around 1.2749 during the European...

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GBP/JPY Price Prediction: Testing trendline as it continues sinking

GBP/JPY is trying to pierce the trendline for the uptrend since the August...

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EUR/JPY Price Prediction: Falls to close to support level as downtrend takes hold

EUR/JPY extends its downtrend since the Halloween peak and is within spitting distance of hitting key support at the September 30 swing low of 158.11 (red dashed line on...

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Think ahead: Huddle – We need to talk about the fifth quarter

James Smith reckons American football offers the perfect analogy for central...

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USD/CAD recovers to near 1.4040 after weak Canadian GDP data

The USD/CAD pair rebounds after posting a fresh three-day low near 1.3980 in Friday’s North American...

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Weekly focus: Political risks rise again in France

Geopolitics and political events dominated the agenda this...

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October’s US employment report in focus

The week is slowly drawing to a close as we open a window at what next week has in store for the markets, yet before that we note the release on Saturday, China’s NBS manufacturing PMI figure for...

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NZD/USD Price Analysis: Pair conquers 20-day SMA, but 100-day SMA crossover raises concerns

The NZD/USD pair surged by 0.61% on Friday's session, continuing the recovery from last week's lows and reaching...

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Nvidia stock recovered on Friday as coming chip curbs on China seem less strict

Following a dismal week of trading for Nvidia (NVDA), shares of the leading designer of chips used in artificial intelligence (AI) computing rose more than...

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Australian Dollar remains above 0.6500, lacking momentum due to trade war concerns

The AUD/USD pair extends gains for the third straight day on Friday, although it has trimmed a portion of its intraday gains and holds above the 0.6500 psychological...

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Mexican Peso rises on Trump’s softened trade stance, US Dollar decline

The Mexican Peso appreciated against the US Dollar during the North American session as the Greenback extended its downfall and is about to hit its most significant weekly loss in three...

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Gold outlook: Price rises on renewed geopolitical tensions

Gold jumped on Friday (up 0.7%) until early US trading as fresh rise in geopolitical tensions boosted safe haven...

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EUR/USD Weekly Forecast: Is the US Dollar corrective decline over?

The EUR/USD pair ended a three-week losing streak, recovering towards 1.0600 before finally finding...

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Silver Price Forecast: XAG/USD extends recovery to near $31.00 as safe-haven demand improves

Silver price (XAG/USD) recovers further to near $31.00 in North American session on...

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Week ahead – Traders lock gaze on NFP after Thanksgiving holiday [Video]

NFP and ISM PMIs to shape Fed expectations The US dollar took a breather this week, pulling back even after being temporarily boosted by US President-elect Donald Trump’s tariff threats on Canada, Mexico and...

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USD/JPY Price Prediction: Breaks out of price pattern and declines

USD/JPY has breached the bottom of a bearish Broadening Formation price pattern and is falling toward the first downside target at 148.54, the 61.8% Fibonacci extrapolation of the height of the pattern extrapolated...

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EUR/CHF edges lower after release of deceptively-high Eurozone inflation, Swiss GDP

EUR/CHF edges lower to trade on the 0.9300 handle on Friday after the release of Eurozone inflation data continues to suggest European Central Bank (ECB) members will cut interest rates at their December meeting despite the figures meeting economists’...

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Canada GDP grows 1% in Q3 as expected

Canada's Gross Domestic Product (GDP) expanded at an annual rate of 1% in the third quarter, Statistics Canada reported on...

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Gold: Cautious recovery after fall

Gold fell 4% at the start of the week due to the ceasefire between Lebanon and Israel but has since recovered around half of that...

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US Dollar retreats with French  yields pushing Euro higher

The US Dollar (USD) trades softer on Friday on the back of concerns over Europe, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, extending this week’s decline and falling below the 106.00...

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