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FXStreet Forex News

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US JOLTS data in focus as we build towards Friday’s payrolls release

European markets rise despite French political and economic...

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USD/CNH: Upside risks near term – OCBC

CNH continued to trade under pressure amid expectations for further rate cuts at home while economic recovery remains...

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USD/JPY: Consolidate, sell rallies – OCBC

USD/JPY fell, tracking the moves in UST yields, post Fed official Waller’s...

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Pound Sterling recovers against US Dollar after reversal in sentiment

The Pound Sterling (GBP) climbs back up to just shy of the 1.2700 mark on Tuesday as market sentiment switches against the US Dollar...

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The fall of Barnier’s government would be bad news for the French economy

A motion of censure backed by left-wing and far-right MPs is expected to bring down the Barnier government before the end of the...

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Euro recovers above 1.0500 against US Dollar after plunging due to French political turmoil

The Euro recovers firmly above 1.0500 against the US Dollar on Tuesday after losing 0.78% on Monday due to doubts over the stability of the French government. French Prime Minister Michel Barnier used a special decree to pass his social budget...

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AUD/USD: To retest the 0.6440 support before a more sustained rebound – UOB Group

Room for the Australian Dollar (AUD) to retest the 0.6440 support before a more sustained rebound can be...

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DXY: Near term consolidation on the cards – OCBC

The US Dollar (USD) eased slight overnight in response to Fed official Waller’s...

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GBP/USD: More likely to trade in a 1.2620/1.2710 range – UOB Group

Instead of weakening, the Pound Sterling (GBP) is more likely to trade in a 1.2620/1.2710...

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Euro recovers, as Santa rally gets off to a good start

December is Santa rally territory and so far, it’s got off to a good...

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US JOLTS Job openings expected to increase slightly in October

The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics...

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EUR: French politics to limit euro recovery – ING

French political drama sent EUR/USD below 1.05 yesterday. Rate spreads have pushed out to the wides of the year as the market assumes that pressure is only going to grow on the ECB for rate cuts if governments in both France and Germany are out of order, ING’s FX analysts Chris Turner...

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Brent Oil prices dip ahead of crucial OPEC+ meeting

Brent crude oil prices have declined to 71.65 USD per barrel as the commodity market remains tense ahead of this week’s postponed OPEC+ meeting, now rescheduled for Thursday, 6...

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Gold Elliott Wave technical analysis [Video]

Gold Elliott Wave Analysis Gold is expected to continue the bullish cycle from September 2022 as it tries to complete the last leg of the cycle before a major pullback...

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USD/CNH: Major resistance at 7.3115 is likely out of reach for now – UOB Group

The US Dollar (USD) may rise further and break above 7.3000; the major resistance at 7.3115 is likely out of reach for...

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USD/JPY: USD may continue to decline – UOB Group

The US Dollar (USD) is expected to trade in a range, probably between 149.00 and...

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Netflix Inc. (NFLX) Elliott Wave technical analysis [Video]

Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave...

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NZD/USD: Under mild downward pressure – UOB Group

The New Zealand Dollar (NZD) is under mild downward pressure; it could edge lower, but any decline is unlikely to reach the major support at...

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CEE: Tactical reasons to see more gains – ING

This morning we saw November inflation in Turkey, which fell from 48.6% to 47.1% YoY, slightly higher than market...

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USD/CNH pushes up to the highest levels since July – ING

Weekend comments merely add another layer of tariff threats to China, ING’s FX analysts Chris Turner...

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BRL: Breaking free – ING

USD/BRL is trading comfortably above 6.00 as President Lula seems to be happy to prioritize politics over financial markets, ING’s FX analysts Chris Turner...

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Silver price today: Silver rises, according to FXStreet data

Most recent article: Silver price today: Silver falls, according to FXStreet data Silver prices (XAG/USD) rose on Tuesday, according to FXStreet...

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AUD/USD trapped in a bearish formation

AUDUSD kicked off the week on a weak note, failing to break above its 20-day simple moving average (SMA) for the second time, with losses capped near its recent low of around...

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N225 Elliott Wave technical analysis [Video]

NIKKEI 225 (N225) Elliott Wave Analysis Trading Lounge Day...

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USD/CAD hangs near daily low, around 1.4000 amid modest uptick in Oil prices

The USD/CAD pair extends the previous day's late pullback from the vicinity of the 1.4100 mark and continues losing ground through the first half of the European session on...

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USD: JOLTS data looks the key threat to the dollar today – ING

Political drama in Europe and weak trends in many emerging market currencies are keeping the dollar...

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EUR/USD Elliott Wave technical analysis [Video]

EURUSD Elliott Wave Analysis Trading Lounge Euro/U.S. Dollar (EURUSD) Day Chart EURUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 4 Details The EURUSD daily chart demonstrates an Elliott Wave analysis, identifying a bearish trend in...

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