FXStreet Forex News

09 Dec 2024 14:44

USD: Quiet start to a busy week on the calendar – Scotiabank

The US Dollar (USD) is somewhat softer on the session as markets react to further upheaval in uncertainty in the Middle East, more signs from China’s politburo that it will step up efforts to bolster stimulus efforts and comments from President-elect Trump reiterating tariff and deportation plans once he takes office, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

09 Dec 2024 14:30

USD/JPY refreshes two-day high at 150.80 as Japanese Yen weakens across the board

The USD/JPY pair posts a fresh two-day high at 150.80 in the North American session on...

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FXStreet Forex News

09 Dec 2024 14:09

US market update: Ebury comments

The November payrolls report signalled a return to normality after the disruption caused by the hurricanes and the Boeing strike in the previous...

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FXStreet Forex News

09 Dec 2024 13:55

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FXStreet Forex News

09 Dec 2024 13:37

Fed frenzy, Gold glimmers, and IonQ’s Quantum Quest: The markets’ end-of-year rollercoaster

NFP is benign – or that’s what they want you to believe. This week’s CPI & PPI will be the final data point for the...

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FXStreet Forex News

09 Dec 2024 13:16

US Dollar is offered and China's politburo promises more monetary and fiscal support

Overview: The dollar is offered. Neither the 227k rise in nonfarm payrolls, nor the above 3% Q4 growth that the Atlanta Fed sees the economy tracking, or the uptick in November CPI expected to be reported on Wednesday has been sufficient to dampen speculation of a rate cut next...

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FXStreet Forex News

09 Dec 2024 13:07

Coffee Elliott Wave technical analysis [Video]

Coffee Elliott Wave Analysis Coffee has recovered from the late November sharp...

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FXStreet Forex News

09 Dec 2024 13:02

Mexican Peso nears 20.00 level against US Dollar ahead of inflation data

The USD/MXN resumed its downtrend as the effect of the release of strong US labour figures...

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FXStreet Forex News

09 Dec 2024 12:55

USD/CNH: Policymakers continue to manage the daily fix – OCBC

USD/CNH continued to drift lower, thanks to softer USD and taking cues from fixing...

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FXStreet Forex News

09 Dec 2024 12:54

This market however treats any miss as a negative and punishes swiftly

USD: Dec '24 is Down at 105.815. Energies: Jan '25 Crude is Up at...

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FXStreet Forex News

09 Dec 2024 12:29

USD/JPY: Better 3Q GDP adds to BoJ hike story – OCBC

USD/JPY waffled around 150 levels. Bias remains to sell...

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FXStreet Forex News

09 Dec 2024 12:28

Growth partly impeded by catastrophic floods

Economic activity slightly improved in 1H24, averaging 2.3% y/y, owing to household consumption boosted by strong real wage growth and solid tourism revenue...

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FXStreet Forex News

09 Dec 2024 12:21

2025: Entering era of protectionism and isolation

The third quarter was another period labeled as “weaker than...

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FXStreet Forex News

09 Dec 2024 12:06

The Eurozone is exporting its savings, but is it investing them advantageously?

The eurozone’s net international investment position in terms of direct and portfolio investment recovered significantly between 2015 and 2022, becoming positive from 2021 onwards, meaning that the eurozone has become a net creditor to the rest of the...

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FXStreet Forex News

09 Dec 2024 11:54

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FXStreet Forex News

09 Dec 2024 14:33

USD/CAD fails again at 1.4180, higher Oil prices are supporting the loonie

The US Dollar’s rally has been rejected again at the 1.4180 level and the Canadian Dollar is trimming some losses on...

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FXStreet Forex News

09 Dec 2024 14:17

How the US-China trade dispute is redefining global trade

Since Donald Trump took office in 2017, trade flows and market shares have changed...

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FXStreet Forex News

09 Dec 2024 14:02

Euro lags ahead of ECB meeting

The collapse of the French government was largely priced in by markets, and the common currency actually ended the week posting a modest rebound against the...

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FXStreet Forex News

09 Dec 2024 13:55

Five Fundamentals for the week: Currencies set to rock on diverging central bank decisions

The only way is down – but not in the land down under. Central banks in the Eurozone, Canada and Switzerland are on course to cut rates this week, ahead of a similar move in the US next...

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FXStreet Forex News

09 Dec 2024 13:32

AUD/USD bounces up to test resistance at 0.6455 as market sentiment improves

The Aussie bounces up on a brighter market mood and hopes of further stimulus in...

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FXStreet Forex News

09 Dec 2024 13:11

Japanese GDP revised upwards, US NFPs jump

The Japanese yen has edged lower on Monday. In the European session, USD/JPY is trading at 150.42, up 0.26% on the...

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FXStreet Forex News

09 Dec 2024 13:04

EUR/GBP outlook: Larger bears hold grip and eye key 0.8200 support zone

EURGBP stands at the back foot on Monday and retraces more of Thursday’s jump, signaling that near-term correction (off 0.8260 low) might be...

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FXStreet Forex News

09 Dec 2024 12:59

USD/CNH: Current price movements are likely part of range trading – UOB Group

US Dollar (USD) is expected to trade in a 7.2650/7.2900...

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FXStreet Forex News

09 Dec 2024 12:54

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FXStreet Forex News

09 Dec 2024 12:44

Bajaj Finserve Indian Stocks Elliott Wave technical analysis [Video]

Function: Counter Trend (Minor degree Grey). Mode:...

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FXStreet Forex News

09 Dec 2024 12:28

Silver Price Forecast: XAG/USD posts fresh four-week high $31.50 as Fed dovish bets soar

Silver price (XAG/USD) surges above $31.50 at the start of the...

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FXStreet Forex News

09 Dec 2024 12:22

AUD/USD: RBA in focus tomorrow on Tuesday – OCBC

The meeting on Tuesday is the last meeting for the year and the next meeting is not due until 18...

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FXStreet Forex News

09 Dec 2024 12:15

NZD/USD: Likely to trade with a downward bias – UOB Group

Scope for New Zealand Dollar (NZD) to continue to weaken; given the oversold conditions, any decline is unlikely to reach last month’s low, near...

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FXStreet Forex News

09 Dec 2024 11:59

EUR/CHF is now turning a little lower – ING

This Thursday, the Swiss National Bank will likely be cutting rates a few hours before the ECB, ING’s FX analyst Chris Turner...

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FXStreet Forex News

09 Dec 2024 11:54

China loosens monetary policy stance and Syria's Assad is gone

EU mid-market update: China loosens monetary policy stance and Syria's Assad is gone; Trump reiterates his agenda on Notre Dame sidelines; Equity markets give the thumbs...

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