FXStreet Forex News

03 Dec 2024 02:20

PBOC sets USD/CNY reference rate at 7.1996 vs. 7.1865 previous

On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1996, as compared to the previous day's fix of...

Read More👈

FXStreet Forex News

03 Dec 2024 01:12

Asia open: Wary and watchful

As Tuesday dawns across Asia, investors are stepping in lively, buoyed by a global stock surge and an uptick in risk appetite from the US...

Read More👈

FXStreet Forex News

03 Dec 2024 00:51

Fed's Bostic: Keeping ‘options open’ for December rate decision

Federal Reserve Bank of Atlanta President Raphael Bostic said on Monday that he’s undecided on whether an interest-rate cut is needed in the December meeting, but still believes Fed officials should continue lowering rates over the coming months, per...

Read More👈

FXStreet Forex News

03 Dec 2024 00:16

USD/CAD flat lines near 1.4050 amid firmer US Dollar, upbeat US data

The USD/CAD pair trades flat near 1.4045 during the early Asian session on...

Read More👈

FXStreet Forex News

02 Dec 2024 23:59

GBP/USD turns bearish, ends three-day winstreak

GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average...

Read More👈

FXStreet Forex News

02 Dec 2024 23:22

NZD/JPY Price Analysis: Pair fell towards 88.00 as bears secure control

The NZD/JPY declined by 0.79% to 88.05 on Monday, after breaking out of a clear side-ways range last...

Read More👈

FXStreet Forex News

02 Dec 2024 22:41

NZD/USD Price Analysis: Bulls falter after breaking 20-day SMA, bullish thesis at risk

The NZD/USD pair extended its weakness from a fresh monthly high recorded in the previous...

Read More👈

FXStreet Forex News

02 Dec 2024 21:43

Fed's Waller: Displeased with inflation uptick, but leaning toward December rate cut

Federal Reserve (Fed) Board of Governors member Christopher Waller noted on Monday that while he is less than enthusiastic about a recent upswing in headline inflation figures, Governor Waller reiterated that he sees no reason to shift stance measurably as a...

Read More👈

FXStreet Forex News

02 Dec 2024 21:26

Australian Dollar weakens to below 0.6500 amid escalating US-China trade war tensions and USD strength

The AUD/USD pair opened the week on a negative note, declining by 0.93% to 0.6455 in Monday's session, snapping a three-day winning...

Read More👈

FXStreet Forex News

02 Dec 2024 19:24

Kickstart Your Gold Trading with our Deposit Bonus up to $10,500💯🚀🎯

Trade the global gold markets with XM and enjoy:

Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡

💰 Try and find a better deposit bonus. We’ll wait. 💰

Risk warning:Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.

FXStreet Forex News

02 Dec 2024 19:10

Dow Jones Industrial Average churns on Monday

The Dow Jones Industrial Average (DJIA) knocked lower on Monday, falling off-balance after US Purchasing Managers Index (PMI) figures came in better than anticipated but showed US business activities are still on the low side of...

Read More👈

FXStreet Forex News

02 Dec 2024 18:42

Amazon stock bucks Dow Jones downturn on Cyber Monday

Amazon (AMZN) stock has gained nearly 2% on Monday as the world’s largest ecommerce business is rife with Cyber Monday deals, the internet’s answer to Black Friday sales ahead of the Christmas gift-giving...

Read More👈

FXStreet Forex News

02 Dec 2024 18:04

Purchasing manager’s dilemma

Inventory management is a trying job at the best of times, but rising tariffs make it even...

Read More👈

FXStreet Forex News

02 Dec 2024 17:57

WTI outlook: Look for direction signal on breach of $68.00 or $70 triggers

WTI oil price rose over 1% on Monday after better than expected China’s manufacturing data boosted positive sentiment, while fresh concerns about the Middle East ceasefire collapse, add...

Read More👈

FXStreet Forex News

02 Dec 2024 17:18

EUR/USD Price Analysis: Cable plunges below the 1.0500 level

The EUR/USD pair kicked off the week with a sharp decline, falling over 1% and decisively breaking below the psychological 1.0500...

Read More👈

FXStreet Forex News

03 Dec 2024 02:06

Australian Dollar extends decline as Trump tariff concerns linger

The Australian Dollar (AUD) extends its downside to near 0.6470 during the early Asian session on...

Read More👈

FXStreet Forex News

03 Dec 2024 01:00

EUR/USD backslides into 1.05 as Euro bids remain elusive

EUR/USD kicked off another trading week with a decline back into familiar near-term lows, flubbing a fresh run at the 1.0600 handle and backsliding into 1.0500, shedding nearly eight-tenths of a percent on...

Read More👈

FXStreet Forex News

03 Dec 2024 00:39

Fed's Williams: More rate cuts likely needed ‘over time’

Federal Reserve Bank of New York President John Williams said on Monday that the Fed officials will likely need to cut the interest rates further to move policy to a neutral stance now that risks to inflation and employment have become more balanced, per...

Read More👈

FXStreet Forex News

02 Dec 2024 23:59

Reach Your Trading Goals Faster with our Deposit Bonus up to $10,500💯🚀🎯

Trade the global markets with XM and enjoy:

Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡️

💰 Try and find a better deposit bonus. We’ll wait. 💰

Risk warning: Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.

FXStreet Forex News

02 Dec 2024 23:28

Primed for the fabled 'santa melt up'

The S&P 500 soared to a fresh intraday peak on Monday, igniting December's trading with a spark after riding the wave of November's blistering...

Read More👈

FXStreet Forex News

02 Dec 2024 22:49

EUR/AUD Price Forecast: Drops and hovers around 1.6200

The EUR/AUD pair remains pressured, yet buyers trimmed some of its earlier losses with the pair hitting a daily low of...

Read More👈

FXStreet Forex News

02 Dec 2024 22:17

Canadian Dollar snaps win streak, heads back into the low end

The Canadian Dollar (CAD) backslid another four-tenths of one percent against the Greenback on...

Read More👈

FXStreet Forex News

02 Dec 2024 21:38

Gold price dips amid buoyant US Dollar and easing geopolitical tensions

Gold prices slump as the last month of the year begins. They edge lower, weighed down by a strong US Dollar sponsored by Trump’s harsh rhetoric on BRICS countries and some easing of geopolitical...

Read More👈

FXStreet Forex News

02 Dec 2024 20:46

Forex Today: Focus shifts to US JOLTs report and Fedspeak

The Greenback rose to three-day highs amid a strong resurgence of the bid bias, supported by Trump’s threats of further tariffs along with political concerns in...

Read More👈

FXStreet Forex News

02 Dec 2024 19:24

US Dollar gains as Trump threatens tariffs against BRICS, boosting the Greenback

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, has surged above the 106.50 level on Monday, the first trading session in...

Read More👈

FXStreet Forex News

02 Dec 2024 18:55

Mexican Peso struggles in early December as US Dollar holds firm

The Mexican Peso begins December on the back foot against the...

Read More👈

FXStreet Forex News

02 Dec 2024 18:33

EUR/USD Price Forecast: A tough barrier remains around 1.0600

EUR/USD rapidly shook off Friday’s decent gains and resumed its downward impulse at the beginning of the week, breaching the 1.0500 mark to print fresh multi-day...

Read More👈

FXStreet Forex News

02 Dec 2024 18:02

To fragment or not to fragment (the global economy), that is the question

Would you expect a politician who promises to raise taxes on both households and corporates as a key plank of their growth strategy to get elected? Or the Parliament of an EU member state to vote against an EU initiative to cut such taxes? Probably...

Read More👈

FXStreet Forex News

02 Dec 2024 17:56

FTSE 100 quiet but all eyes now on France

Eurozone headlines are once again providing cause for concern, says Chris Beauchamp, Chief Market Analyst at online trading platform...

Read More👈

FXStreet Forex News

02 Dec 2024 16:07

Kickstart Your Forex Trading with our Deposit Bonus up to $10,500 💯🚀🎯

Trade the global Forex markets with XM and enjoy:

Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡

💰 Try and find a better deposit bonus. We’ll wait. 💰

Risk warning: Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.