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FXStreet Forex News

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GBP/JPY rises above 193.00 due to uncertain expectations surrounding BoJ rate hike

GBP/JPY extends its gains for the second successive session, trading around 193.10 during the European hours on...

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USD/CNH: Risks are skewed to the downside – OCBC

USD/CNH continued to drift lower, thanks to recent news from politburo about ramping up support and also taking cues from daily fixing...

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HDFC Life Insurance India stocks Elliott Wave technical analysis [Video]

Function: Larger Trend Higher (Intermediate degree Wave (3),...

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USD gets softer after China announcing a consumption boost – ING

The US Dollar (USD) got a little softer against most currencies on Monday after Chinese policymakers said they would boost consumption ‘forcefully’, ING’s FX analyst Chris Turner...

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EUR/USD Elliott Wave technical analysis [Video]

Elliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 of C Direction in Lower Degrees: Orange Wave 3 (in progress) Details: Orange Wave 2 appears completed, and Orange Wave 3 within Navy Blue Wave 3 is now...

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Pound Sterling trades in tight range against US Dollar ahead of US inflation data

The Pound Sterling (GBP) consolidates in a tight range near 1.2750 against the US Dollar (USD) in Tuesday’s European...

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EUR/USD Forecast: Euro defines near-term trading range before next breakout

EUR/USD rose toward 1.0600 on Monday but lost its traction to end the day...

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EUR/GBP remains on the defensive below 0.8300 ahead of ECB rate decision

The EUR/GBP cross trades with mild gains around 0.8280 during the early European session on...

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Scandi releases and China in focus overnight

In Norway, we expect core inflation to remain unchanged at 2.7% y/y in November, a tad lower than consensus at...

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President Xi: China has full confidence in achieving this year's economic target

Chinese President Xi Jinping said on Tuesday, “China has full confidence in achieving this year's economic target.” Additional comments China is to continue to play the role of the largest engine of global economic...

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USD/CHF drops below 0.8800 on Middle East geopolitical tensions

The USD/CHF pair softens to around 0.8770 during the early European session on...

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RBA dovish-hold, further CN stimulus promised for 2025, while CN Ex/Im gap widens, KR stabilizes

Asia Market Update: RBA dovish-hold; Further CN stimulus promised for 2025, while CN Ex/Im gap widens; KR stabilizes; JPY weak ahead of BOJ next week; AU confidence...

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USD/CAD refreshes multi-year peak, 1.4200 remains in sight on larger BoC rate cut bets

The USD/CAD pair touches a fresh high since April 2020 during the Asian session on Tuesday, though it lacks follow-through buying and remains below the 1.4200 round-figure...

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How far could the S&P 500 go? [Video]

Find out the detailed price volume analysis on S&P 500, Nasdaq 100, Dow Jones & Russell 2000, Gold & silver futures, Bitcoin, Crude oil futures, Dollar...

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Crypto correction in the making? Silver strong

Important News for the day Tue, 10th, 04:30 CET AU AUD rate statement Political uncertainty Reports circulate that Syrian leader Assad has received asylum in Russia and already fled the...

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AUD/USD Price Forecast: Seems vulnerable on RBA’s dovish tilt, Death Cross

The AUD/USD pair comes under some renewed selling pressure on Tuesday and dropped back below the 0.6400 mark, closer to its lowest level since August 5 touched last week after the Reserve Bank of Australia (RBA) announced its policy...

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Silver Price Forecast: XAG/USD pulls back from $32.00 near monthly highs

Silver price (XAG/USD) retreats from $32.00 per troy ounce during the European session on...

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2025 growth and inflation outlook

In Croatia, producer prices declined by -3.6% y/y in...

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EUR/USD: The pair remain trapped to 1.0500 – 1.0600 levels as investors avoid big bets

Nothing new in the game as the European currency maintains levels above 1,05, avoiding further losses but at the same time unable to develop an upward momentum at the...

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Japanese Yen weakens as USD/JPY climbs amid BoJ rate hike uncertainty

The USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a...

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EUR/USD hovered up and down 1.0550 without clear direction

The Chinese Politburo’s directive changed risk sentiment at the start of European trading from slightly risk-off because of developments in Syria to mildly risk-on given the firm commitment to support the ailing...

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The best defense is a good offense

Sentiment in Chinese equities reversed suddenly to a significantly more bullish state after the Politburo – which is the highest-decision making bodies within the Communist Party – pledged to embrace a ‘moderately loose’ monetary policy in...

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AMC stock analysis and Elliott Wave technical forecast [Video]

AMCOR PLC – AMC Elliott Wave Technical Analysis TradingLounge Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with AMCOR PLC –...

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EUR/JPY hovers near 159.50, upside seems possible amid uncertainty regarding BoJ rate hike

EUR/JPY maintains its position around 159.50 during Tuesday's Asian...

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Elliott Wave view: Microsoft (MSFT) shows incomplete impulsive structure [Video]

Short Term Elliott Wave in Microsoft (MSFT) suggests rally from 11.4.2024 low is unfolding as a 5 waves...

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Asia wrap: Beware of the China stimulus syndrome

China's repeated declarations to stimulate its economy have largely not been followed by substantive...

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