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FXStreet Forex News

Elliott Wave view strong impulsive rally in American Airlines (AAL) favors upside

Short Term Elliott Wave in American Airlines (AAL) suggests that rally from 11.6.2024 low is in progress as an...

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US Nonfarm Payrolls expected to rebound in November after weak October

The United States (US) Bureau of Labor Statistics (BLS) will release the high-impact Nonfarm Payrolls (NFP) data for November on Friday at 13:30...

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India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Friday, according to data compiled by...

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Morning briefing: Euro can test 1.0650 on the upside

Good Morning! The Dollar Index again fell towards the support near 105.50 on higher private unemployment...

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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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Solid growth despite political uncertainty

Fiscal and trade policy uncertainty overshadows US economic outlook, but we maintain our forecast for steady yet gradually cooling growth in...

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NZD/USD refreshes daily low, slides closer to mid-0.5800s on softer risk tone

The NZD/USD pair attracts fresh sellers during the Asian session on Friday and erodes a part of the previous day's modest...

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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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