FXStreet Forex News

04 Dec 2024 22:02

Gold price edges higher on Powell’s comments

Gold price advances during Wednesday’s North American session, sponsored by mixed US economic...

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FXStreet Forex News

04 Dec 2024 21:08

Dow Jones Industrial Average roils on hectic Tuesday

The Dow Jones Industrial Average (DJIA) churned in a tight range on Tuesday as investors grapple with mixed data and an overall headwind in non-tech...

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FXStreet Forex News

04 Dec 2024 19:38

US Dollar weakens after disappointing ISM and S&P Services data

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, declined toward 106.10 on Wednesday amidst slight profit-taking after steep rallies against many major G20 currencies this...

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FXStreet Forex News

04 Dec 2024 18:49

Fed’s Powell discusses monetary policy amid increasing bets for further easing

Federal Reserve Chair Jerome Powell is set to participate in a moderated discussion on the economic outlook on Wednesday at the New York Times DealBook Summit in New...

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FXStreet Forex News

04 Dec 2024 18:10

Salesforce stock storms 9% higher to new all-time high above $368

Salesforce stock gained some 9% on Wednesday following Q3 earnings late...

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FXStreet Forex News

04 Dec 2024 17:38

Gold Price Forecast: XAU/USD holds on to modest gains around $2,650

Back and forth among financial markets did not impact Gold price on Wednesday, with the bright metal stuck around $2,650 a troy...

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FXStreet Forex News

04 Dec 2024 17:25

Services activity cooled in november, prices did not

A sharper than expected decline in the service sector ISM came with broad-based declines in the components that feed into the headline and a rise in prices paid, which does...

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FXStreet Forex News

04 Dec 2024 16:20

Divergence after US elections

US election results have driven divergence in markets. While more expansionary tax policies are expected to boost growth in the US, fears of rising tariffs have weighed on markets...

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FXStreet Forex News

04 Dec 2024 16:11

US ISM Services PMI rose less than expected in November

According to the Institute for Supply Mangement (ISM), the Services PMI eased to 52.1 in November, coming in short of estimates at 55.5 and markedly lower than October’s 56...

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FXStreet Forex News

04 Dec 2024 16:09

Four out of G10

It’s that time of year again. Time to buy the 2025 Spectra Markets Trader Handbook and...

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FXStreet Forex News

04 Dec 2024 15:49

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FXStreet Forex News

04 Dec 2024 15:37

Gold price edges higher as ADP falls shorts of expectations

Gold prices consolidate at around $2,650 for the seventh consecutive day, posts modest gains of over 0.20% after US jobs data revealed that private hiring dipped, missing economists...

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FXStreet Forex News

04 Dec 2024 15:07

Fed's Musalem: Will wait to see data before deciding on December meeting

St. Louis Federal Reserve President Alberto Musalem said on Wednesday that it might be possible to pause rate cuts at the upcoming meetings, and added that they are keeping all options for the December...

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FXStreet Forex News

04 Dec 2024 14:51

Equities report: US Equities move higher as the S&P500 forms new ATH’s

Major US stock market indexes appear to be moving in an upwards fashion as we near the end of...

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FXStreet Forex News

04 Dec 2024 14:30

How to trade NFP, one of the most volatile events

NFP is the acronym for Nonfarm Payrolls, arguably the most important economic data release in the...

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FXStreet Forex News

04 Dec 2024 21:59

Gold stocks and Gold – looking at the forest

The market action suggests that the corrective upswing is maturing and likely about to...

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FXStreet Forex News

04 Dec 2024 20:32

EUR/USD Price Forecast: Upside still appears limited by 1.0600

EUR/USD managed to gain further ground on Wednesday, adding to the advanced recorded in the previous day and pushing above the 1.0500...

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FXStreet Forex News

04 Dec 2024 19:02

Mexican Peso rallies following mixed US economic data

The Mexican Peso registers decent gains versus the US Dollar after mixed US economic data augmented the chances that the Federal Reserve (Fed) could lower interest rates at the December...

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FXStreet Forex News

04 Dec 2024 18:10

AUD/USD Price Forecast: The 0.6400 region holds the downside…for now

The US Dollar (USD) faced renewed downside pressure on Wednesday, adding to Tuesday’s pullback and slipping closer to the key 106.00 support level once again as tracked by the Dollar Index...

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FXStreet Forex News

04 Dec 2024 17:38

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FXStreet Forex News

04 Dec 2024 17:36

FTSE 100 stumbles but Dax and S&P 500 keep rising

Investors await news of the French government this afternoon, while watching the year’s strong performers make yet new highs, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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FXStreet Forex News

04 Dec 2024 17:15

EUR/USD Price Analysis: Pair sees more gains and rises to 1.0530

The EUR/USD pair found support around the psychological 1.0500 level after opening the week with a sharp decline of over 1% and tallies a two-day winning...

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FXStreet Forex News

04 Dec 2024 16:12

Gold: Sizable liquidations over the coming week are possible – TDS

Precious metals have remained locked in a tight range, but recent flows have been interesting, TDS’ Senior Commodity Strategist Daniel Ghali...

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FXStreet Forex News

04 Dec 2024 16:11

ADP reaffirms the picture of a healthy US labour market

The most important publication in the coming weeks will be Friday's US employment...

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FXStreet Forex News

04 Dec 2024 16:00

GBP/USD Price Forecast: Struggles to crack 1.2700, oscillates around 1.2650

The GBP/USD fluctuated between gains/loses, trapped at around the 1.2630-1.2700 range for the third consecutive...

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FXStreet Forex News

04 Dec 2024 15:49

Silver Price Forecast: XAG/USD experiences V-shape recovery from $30.50 after US ADP job data

Silver price (XAG/USD) recovers in a V-shape manner from the key support of $30.50 in Wednesday’s North American session and refreshes an intraday high near $31.20 after the release of the United States (US) ADP Employment Change data for...

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FXStreet Forex News

04 Dec 2024 15:20

UnitedHealth CEO murdered early Wednesday in Manhattan

A local television station in New York City is reporting that the CEO of UnitedHealth Group (UNH), the largest health insurer in the US, was gunned down outside a Hilton hotel in Manhattan early Wednesday...

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FXStreet Forex News

04 Dec 2024 15:06

Fed chief Powell speaks, along with several other Feds

Today we get the service sector PMIs and the Beige Book. Fed chief Powell speaks, along with several other...

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FXStreet Forex News

04 Dec 2024 14:40

Lagarde speech: Growth will be weaker in short term

While testifying before the European Parliament's Committee on Economic and Monetary Affairs on Wednesday, European Central Bank (ECB) President Christine Lagarde said that the economic growth in the Eurozone will be weaker in the near term, per...

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FXStreet Forex News

04 Dec 2024 14:27

EUR/GBP stays vulnerable below 0.8300 as French government sets to dissolve

The EUR/GBP pair ticks lower and sustains below the cruical resistance of 0.8300 in Wednesday’s North American...

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