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FXStreet Forex News

Barnier vote of no confidence adds 'extra risk premia' to Euro

The seemingly inevitable end to Michel Barnier’s short-lived government has added an extra risk premia to the...

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EUR/USD: No confidence motion in France – OCBC

The Euro (EUR) traded a subdued range, waffling around 1.05...

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OECD raises 2025 global growth forecast to 3.3% from 3.2%, warns of protectionism risks

The Organization for Economic Co-operation and Development (OECD) warned of increasing growth risks from rising trade tensions and protectionism even after raising the global growth outlook for the next...

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Fed rate cut 'more likely than not' amid high uncertainty around NFP report

The dollar gave back some of its gains on Tuesday, having posted advances against most of its major peers on...

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Political unrest in South Korea, Silver reactive and crypto examined

Important News for the day Wed, 04th, 01:30 CET AU Gross domestic product Wed, 04th, 14:15 CET US ADP employment change South Korea South Korea is facing heightened political turmoil as opposition parties intensify their efforts to impeach President Yoon Suk-yeol over his controversial declaration of martial law, a move criticized as an overreach of executive...

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EUR: Bearish consolidation – ING

Having fallen nearly 8% between late September and mid-November, it is no surprise to see EUR/USD undergoing some...

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USD/JPY clings to intraday gains around mid-150.00s ahead of Fed’s Powell

The USD/JPY pair builds on the overnight bounce from the 148.65 area, or its lowest level since October 11 and gains strong follow-through traction on...

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EUR/USD: Euro remains ''heavy'' near 1.0500 level ahead of a rich agenda in the next three days

The single European currency remains in a narrow trading range near 1.05 levels with investors avoiding big bets in view of a rich agenda over the next three days, culminating in jobs data to be announced in US on Friday's...

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EUR/USD: Expected to continue to trade in a range – UOB Group

The Euro (EUR) is expected to continue to trade in a range, most likely between 1.0480 and...

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AUD/USD Elliott Wave technical analysis [Video]

Australian Dollar/U.S. Dollar (AUDUSD) Day Chart AUDUSD Elliott Wave Technical Analysis FUNCTION: Bearish Trend MODE: Impulsive STRUCTURE: Orange Wave 3 POSITION: Navy Blue Wave 3 DIRECTION NEXT LOWER DEGREES: Orange Wave 3 (started) DETAILS: Orange Wave 2 appears to be completed; orange wave 3 is now...

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Production expectations remain deeply below pre-pandemic average

Real wage growth in Czechia for 3Q24 was 4.6% y/y, in nominal terms 7%...

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EUR/USD ticks higher as traders brace for volatility ahead of French no-confidence vote

EUR/USD edges higher and holds the key support of 1.0500 in European trading hours on...

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V300AEQ ETF Units Elliott Wave technical forecast [Video]

Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with V300AEQ ETF UNITS –...

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USD/JPY fights for a close above 150.00

USDJPY is pushing again for a close above the 150.00 number and the 200-day exponential moving average (EMA) after closing around the 149.55 base for the third consecutive trading day on...

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Mexican Peso trades flat after gaining on strong jobs data

The Mexican Peso (MXN) mostly trades flat in its key pairs on Wednesday after strengthening on the previous day, buoyed by lower-than-expected unemployment data from...

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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet...

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USD: Rates, liquidity and geopolitics keep dollar supported – ING

Yesterday's news of the brief imposition of martial law in South Korea came as a...

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USD: Rates, liquidity and geopolitics keep dollar supported – ING

Yesterday's news of the brief imposition of martial law in South Korea came as a...

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NIFTY 50 (India) Index Elliott Wave technical analysis [Video]

NIFTY 50 (India) Elliott Wave Analysis Trading Lounge Day Chart NIFTY 50 (India) Elliott Wave technical analysis Function: Counter...

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DXY: To consolidate intra-day – OCBC

The US Dollar (USD) traded little changed as markets mulled political risks in France and...

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GBP/USD: Outlook for GBP has turned neutral – UOB Group

There has been no increase in either downward or upward momentum; the Pound Sterling (GBP) is likely to trade in a 1.2630/1.2705...

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USD/KRW: Retracement may find support – OCBC

USD/KRW saw a sharp run up towards 1444 after President Yoon surprisingly declared martial...

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ADP report expected to show US private sector job growth cooled in November

The ADP Employment Change report is seen showing a deceleration of job creation in the US private sector in...

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AUD/USD Price Forecast: Bears await Fed Chair Powell’s speech after the post-GDP slump

The AUD/USD pair tumbled to its lowest level since August following the release of softer Australian Gross Domestic Product (GDP) print on Wednesday, which lifted bets for an early interest rate cut by the Reserve Bank of Australia...

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South Korea: Political turmoil continues after martial law U-turn – UOB Group

South Korean President Yoon Suk Yeol sent shockwaves across markets after he declared an emergency martial law at around 11 pm local time on Tue night (3 Dec), only to lift it six hours later following a parliamentary vote where 190 of 300 lawmakers demanded the lifting of the martial...

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ECB’s Rehn: I see policy easing continuing in the coming months

“I see policy easing continuing in the coming months,” European Central Bank (ECB) policymaker Olli Rehn said on...

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EUR/USD Forecast: Euro tests key resistance ahead of Lagarde and Powell speeches

EUR/USD found its footing following Monday's drop but struggled to gather recovery momentum on...

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A strange 24 hours in South Korea, as the market switches its focus to French vote and US Payrolls

If anyone thought that political risk would settle down in the final weeks of 2024, they were...

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