FXStreet Forex News
04 Dec 2024 14:02
GBP/USD: Crawls higher from intraday low in positive, technical fashion – Scotiabank
The Pound Sterling (GBP) is little changed on the session, but the GBP price action is leaning a little more positive, Scotiabank’s Chief FX Strategist Shaun Osborne...
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FXStreet Forex News
04 Dec 2024 13:54
CAD: Markets await jobs data for clues on BoC – Scotiabank
The Canadian Dollar (CAD) is little changed. CAD is a marginal outperformer among the major currencies as a consequence, Scotiabank’s Chief FX Strategist Shaun Osborne...
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FXStreet Forex News
04 Dec 2024 13:29
US Dollar edges up as traders shift focus to no-confidence vote in France
The US Dollar (USD) edges up slightly on Wednesday as a no-confidence vote in France is set to take...
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FXStreet Forex News
04 Dec 2024 13:27
More SPY gains called – Now what
S&P 500 fulfilled my swing bullish call yesterday, and never touched the 6,047 stop-loss protecting open gains for...
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FXStreet Forex News
04 Dec 2024 12:59
NU Holdings (NU) should pullback before next rally
NU Holdings Ltd., (NU) provides digital banking platform in Brazil, Mexico, Colombia, Germany, Argentina, United States &...
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FXStreet Forex News
04 Dec 2024 12:42
Aussie tumbles to four-month low after soft GDP
The Australian dollar has taken a tumble on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 1.1% on the day at the time of...
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FXStreet Forex News
04 Dec 2024 12:36
Crude Oil pops above $70 as traders gauge potential surprises in OPEC+ supply plans
Crude Oil ticks higher for a second day in a row on Wednesday, popping above the $70 round level, with traders getting nervous over geopolitical tensions and OPEC+ set to act. On the geopolitical side, President-elect Donald Trump vowed to drag...
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FXStreet Forex News
04 Dec 2024 12:16
AUD/USD plunges to near 0.6400 as weak Aussie GDP boosts RBA dovish bets
The AUD/USD pair dives more than 1% to near the round-level support of 0.6400 in Wednesday’s European...
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FXStreet Forex News
04 Dec 2024 11:30
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FXStreet Forex News
04 Dec 2024 11:26
USD/CNH: PBoC may continue to restraint the RMB – OCBC
USD/CNH eased as policymakers continued to keep the daily fix under...
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FXStreet Forex News
04 Dec 2024 11:18
USD/CAD Price Forecast: Ascending Triangle breakout keep upside trend afloat
The USD/CAD pair extends its winning streak for the third trading day on...
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FXStreet Forex News
04 Dec 2024 11:08
PANW Elliott Wave technical analysis [Video]
PANW Elliott Wave Analysis Trading Lounge. PaloAlto Networks Inc., (PANW) Daily...
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FXStreet Forex News
04 Dec 2024 10:59
Australian Dollar hits four-month low amid weak GDP data
The Australian dollar fell to a four-month low of 0.6450 against the US dollar on Wednesday, following disappointing GDP data that heightened expectations for potential interest rate cuts by the Reserve Bank of Australia...
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FXStreet Forex News
04 Dec 2024 10:54
Pound Sterling briefly drops as BoE Bailey says he sees four interest rate cuts in 2025
The Pound Sterling (GBP) faces selling pressure against all its major peers on Wednesday after Bank of England (BoE) Governor Andrew Bailey forecasted four interest-rate cuts in 2025 in an interview with Financial Times...
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FXStreet Forex News
04 Dec 2024 13:58
EUR/USD: Helped by PMI revisions ahead of French conf vote – Scotiabank
Final Eurozone November Composite and Services PMIs were revised up a little from the preliminary data (48.3, from 48.1 and 49.5, from 49.2...
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FXStreet Forex News
04 Dec 2024 13:37
USD moderately higher, defies negative seasonal trend – Scotiabank
The US Dollar (USD) is tracking a little higher overall this morning, lifting the DXY to the mid-106 area and potentially setting up trading today for a little more strength— despite usually negative seasonal trends for the dollar broadly in...
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FXStreet Forex News
04 Dec 2024 13:27
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FXStreet Forex News
04 Dec 2024 13:09
Rally stalls as investors brace for key economic data and Fed's next move
Are investors getting antsy? Not yet! Kugler, Daly and Goolsbee all opine on the next...
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FXStreet Forex News
04 Dec 2024 12:37
AUD/USD outlook: Australian Dollar falls to 4-month low on weaker than expected GDP data
AUDUSD fell 1% to four-month low on Wednesday, after weaker than expected Australia’s Q3 GDP data, deflated RBA’s hawkish...
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FXStreet Forex News
04 Dec 2024 12:33
Sudden decree of martial law in South Korea weaves a confusing thread into
EU Mid-Market Update: Sudden decree of martial law in South Korea weaves a confusing thread into an already complex global political scene; Afternoon to focus on French no-confidence, US ADP and...
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FXStreet Forex News
04 Dec 2024 11:32
USD/SGD: Consolidation likely in the near term – OCBC
USD/SGD continued to trade near recent highs; last seen at 1.3464, OCBC’s FX analysts Frances Cheung and Christopher Wong...
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FXStreet Forex News
04 Dec 2024 11:30
USD/CNH: Momentum remains strong – UOB Group
Overbought advance could retest the 7.3145 level before a more sustained pullback can be...
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FXStreet Forex News
04 Dec 2024 11:22
USD/JPY: Must break and close below 148.65 to continue to declining – UOB Group
To continue to decline, the US Dollar (USD) must break and close below 148.65, which is acting as a significant support level now, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann...
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FXStreet Forex News
04 Dec 2024 11:15
USD/JPY: Bearish momentum on daily chart intact – OCBC
USD/JPY traded a low of 148.65 overnight on safe-haven demand, and was last seen at 150.73 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong...
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FXStreet Forex News
04 Dec 2024 11:10
NZD/USD: Momentum indicators are mostly flat – UOB Group
Momentum indicators are mostly flat; the New Zealand Dollar (NZD) is expected to trade in a 0.5860/0.5900...
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FXStreet Forex News
04 Dec 2024 11:07
CZK: CNB governor to repeat usual hawkish message – ING
In the Czech Republic, the government yesterday approved the state budget for next year, as expected, which we estimate should lead to a public deficit of 1.9% from this year's 2.4% of GDP, ING’s Frantisek Taborsky...
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FXStreet Forex News
04 Dec 2024 10:54
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FXStreet Forex News
04 Dec 2024 10:52
FX daily: Geopolitics just another reason to hold Dollars
If US exceptionalism and the potential for a second Trump administration weren’t enough to hold dollars, geopolitics and events in South Korea yesterday only add to the...
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