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FXStreet Forex News

IBEX 35 Index Elliott Wave technical analysis [Video]

IBEX 35 (Spain) Elliott Wave Analysis Trading Lounge Day...

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EUR: The French government has fallen – ING

The French government suddenly leaves the scene fueling the political crisis yet again, ING’s FX analyst Chris Turner...

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GBP/USD: Outlook for GBP turns neutral – UOB Group

The Pound Sterling (GBP) could test the 1.2725 level before a pullback is likely; the major resistance at 1.2750 is unlikely to come under...

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EUR/USD: Euro remains on hold above 1.0500 ahead tomorrow's stormy news

The single European currency is trading just above the 1,05 level in the early hours of Thursday with investors remaining on the sidelines, avoiding taking big bets ahead of tomorrow's very crucial day with the announcement of new jobs in...

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EUR/USD: To likely trade between 1.0430 and 1.0580 – UOB Group

Further range trading in Euro (EUR) appears likely, with an expected range of...

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USD/JPY Price Forecast: 100-day SMA pivotal support holds the key for bulls ahead of US NFP

The USD/JPY pair comes under some renewed selling pressure on Thursday and reverses a major part of the overnight gains to the weekly...

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New all time highs again in US stock markets

Emini S&P December makes a new all time high at 6102. The low & high for the last session were 6063-...

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EUR/USD edges higher as French political crisis keeps downside sentiment afloat

EUR/USD ticks higher and strives to stay above 1.0500 in European trading hours on...

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EUR/USD has found some relief in yesterday’s weakish Dollar

Barnier turned out to be France’s shortest-serving prime minister since the establishment of the Fifth Republic in...

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Uncertainty looms in French politics after Barnier's ousting

President Macron is faced with the difficult task of appointing a new prime minister following PM Barnier being outed at yesterdays no-confidence...

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Washington H Soul Pattinson & Company Limited Elliott Wave analysis [Video]

Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) WASHINGTON H SOUL PATTINSON & COMPANY LIMITED -...

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BoJ’s Nakamura: I am not against rate hikes but feel decision should be data-dependent

Bank of Japan (BoJ) board member Toyoaki Nakamura said on Thursday that “I am not against rate hikes but feel the decision should be data-dependent." Additional comments There will be plenty of data coming out before BoJ’s December meeting including Tankan, so want to scrutinize them in deciding whether rate hike would be...

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Dollar Tree stock rises as discount retailer reports 11% earnings gain

Dollar Tree stock jumped in early trading on solid Q3...

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Euro area – Still breathing

The narrative on the euro area economy has changed from risks of too high inflation to risks of too low...

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EUR/GBP to stay gently offered – ING

GBP:USD briefly sold off and then recovered after Bank of England (BoE) Governor Andrew Bailey seemed to confirm that the bank was looking at four rate cuts over the next...

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Gold shows consolidation patterns ahead of US Nonfarm Payrolls

Gold market remains uncertain as the US dollar and Treasury bond yields...

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USD: Good dollar demand to emerge should it trade sub-106 – ING

The Dollar Index (DXY) is slightly softer after yesterday's release of the ISM Services index disappointed consensus and made an 18 December Fed rate cut more likely, ING’s FX analyst Chris Turner Donald Trump to pump more air into the USD in 2025 “A column in the Financial Times was titled: 'A turning point for the dollar is coming' which sounds alarming for dollar bulls such as...

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USD/JPY Elliott Wave technical analysis [Video]

USDJPY Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave 1 Direction (Next Higher Degrees): Navy Blue Wave 3 (Initiated) Details: Navy Blue Wave 2 appears completed, and Navy Blue Wave 3 is currently in...

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Inflation of services remains elevated

Polish central bank kept the policy rate unchanged a...

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More records for markets, while France faces political turmoil

2024 has been a stellar year for US equities, and the Dow's first close above 45,000 seems to mark the culmination of a two-year...

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French government crisis remains contained for now, as Bitcoin crypto $100,000

France has been plunged into a political crisis, the question now is, will it trigger a crisis for financial markets? Late on Wednesday, the French government lost a no-confidence vote linked to its...

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Forex Today: FX action remains choppy ahead of mid-tier US data, Bitcoin hits record high above $100K

Here is what you need to know on Thursday, December 5: The US Dollar (USD) Index continues to stretch lower toward 106.00 early Thursday after posting small losses for the second consecutive day on...

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German Factory Orders decline 1.5% MoM in October vs. -2.0% expected

According to the official data published by the Federal Statistics Office on Thursday, Germany's Factory Orders declined in October, suggesting that the German manufacturing sector resumed its downward...

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Silver Price Forecast: XAG/USD loses traction below $31.50 as Fed officials signal cautious path for rate cuts

The Silver price (XAG/USD) drifts lower to around $31.20, snapping the two-day winning streak during the early European session on...

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Euro insoumis

There are rare moments when the market’s reaction to news leaves me...

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JP equities outperform as BoJ Nakamura remains dovish – CN yields hit new record lows

Asia market update: BTC hits $100K; KR settles; JP equities outperform as BOJ Nakamura remains dovish; CN yields hit new record...

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GBP/USD holds steady above 1.2700 mark amid subdued USD price action

The GBP/USD pair trades with a mild positive bias for the third straight day and holds steady just above the 1.2700 mark during the Asian session on...

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