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FXStreet Forex News

Gold price rebounds swiftly from over one-week low; focus remains on US NFP report

Gold price (XAU/USD) rebounds after touching a one-and-half-week low during the Asian session on Friday and climbs to a daily high, above the $2,640 level in the last...

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WTI struggles near weekly low, below $68.00 mark as traders await US NFP report

West Texas Intermediate (WTI) US Crude Oil prices remain under some selling pressure for the third consecutive day on Friday and trade near the lower end of the weekly range, around the $67.80 region during the Asian...

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Friday forex follies: Japan wage data tips the BoJ rate hike scales

The global stage seems tranquil, unfazed by recent political shake-ups in South Korea and France, which have quickly become mere ripples in the vast market...

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South Korean President faces impeachment vote after martial law shock

The main opposition Democratic Party of Korea announced Thursday that an impeachment motion against President Yoon Suk Yeol will be put to a vote on Saturday, per Asia...

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PBOC sets USD/CNY reference rate at 7.1848 vs. 7.1879 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1848, as compared to the previous day's fix of...

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EUR/USD catches a break, gains ground ahead of Friday NFP release

EUR/USD rose on Thursday, gaining seven-tenths of a percent and clawing back toward the 1.0600...

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Asia open: Pre NFP housekeeping

As we cap off the week, Asian markets tiptoe cautiously, mimicking the subdued pace of...

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GBP/USD rallies on rate cut hopes, NFP Friday in the barrel

GBP/USD climbed on Tuesday, bolstered by Bank of England (BoE) Governor Andrew Bailey tipping his hand and revealing a path forward to further rate cuts in...

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NZD/JPY Price Analysis: Pair rises to 88.30, but bearish outlook persists

The NZD/JPY cross continued its recovery on Thursday, rising 0.20% to 88.35 as indicators stabilized near oversold...

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NZD/USD Price Analysis: Gains capped below the 20-day SMA

The NZD/USD pair edged higher on Thursday, gaining 0.15% to trade near...

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EUR/AUD Price Forecast: Surges past 1.6400 eyeing further upside

The EUR/AUD rallied above key technical resistance levels, such as the 100—and 200-day Simple Moving Averages (SMAs) at around...

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Gold price retreats as US yields rise, ahead of Nonfarm Payrolls

Gold price retreats on Thursday as investors digested the latest US jobless claim data, ahead of the release of November’s Nonfarm Payrolls...

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EUR/USD Price Forecast: The hunt for the 1.0600 barrier

EUR/USD extended its recovery on Thursday, adding to the ongoing broad-based optimism and climbing to the vicinity of the key barrier at 1.0600 the...

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EUR/USD Price Analysis: Pair extends gains, rises above 1.0560

The EUR/USD pair extended its rebound on Thursday, rising to 1.0560 and breaking above the key 20-day Simple Moving Average...

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Mexican Peso strengthens amid weak US Initial Jobless Claims

The Mexican Peso extends its winning streak to three consecutive days and appreciates against the US Dollar following the release of weak US jobs...

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USD/INR flat lines, all eyes on RBI rate decision

The Indian Rupee (INR) holds steady on Friday after bouncing off from its all-time low level in the previous...

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Japanese Yen bulls have the upper hand amid hawkish BoJ, ahead of US NFP report

The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains and oscillates in a narrow range against its American counterpart during the Asian session on...

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Australian Dollar softens ahead of US NFP release

The Australian Dollar (AUD) edges lower on Friday. Disappointing economic growth could prompt the Reserve Bank of Australia (RBA) to adopt a more dovish tone at next week’s monetary policy meeting, potentially setting up a February rate...

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France’s Macron: From now on, a new era must start with new compromises

French President Emmanuel Macron said on Thursday that he will name a new Prime Minister in the coming days whose top priority will be getting a 2025 budget adopted by parliament, per...

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BoE’s Greene: Unclear how Trump tariffs would move UK inflation

Bank of England (BoE) policymaker Megan Greene said on Thursday that it is still unclear whether higher US tariffs on goods imports proposed by...

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USD/CAD softens below 1.4050 as traders await US NFP data

The USD/CAD pair trades in negative territory around 1.4020 during the early Asian session on...

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The cautionary canary makes an appearance ahead of NFP ( + OPEC)

Stock market operators across the major US indices hit pause overnight, steeling themselves for potential turbulence as the Labor Department prepares to release the pivotal November jobs data later on...

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Australian Dollar struggles amid weak GDP data and RBA dovish outlook

The AUD/USD holds around 0.6435 on Thursday as the Aussie loses interest amid a backdrop of weak Australian...

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Forex Today: The US Nonfarm Payrolls take centre stage

The Greenback came under renewed and marked selling pressure amid uncertain price action in US yields and investors’ steady prudence ahead of the release of the crucial US labour market report on...

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UnitedHealth stock sells off as executive shooter remains at large

UnitedHealth Group (UNH) stock is trending lower on Thursday, a day after news shocked that nation when the CEO of its largest insurance unit was assassinated outside an investor event in Manhattan on...

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Dow Jones Industrial Average sheds 150 points on Thursday

The Dow Jones Industrial Average (DJIA) fell back slightly on Thursday, easing down around 150 points and keeping price action in a tense standoff with the 45,000 major price...

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AUD/USD Price Forecast: Outlook remains bearish so far

The US Dollar (USD) continued to face selling pressure on Thursday, extending its losses from the previous day and breaking below the significant 106.00 support level, as reflected in the Dollar Index...

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