FXStreet Forex News

11 Dec 2024 03:16

Japanese Yen sticks to stronger PPI-led modest gains; lacks follow-through buying

The Japanese Yen (JPY) edges higher during the Asian session on Wednesday as a stronger Producer Price Index (PPI) from Japan keeps the door open for a December interest rate hike by the Bank of Japan...

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FXStreet Forex News

11 Dec 2024 02:19

NZD/USD holds below 0.5800 as traders brace for US CPI release

The NZD/USD pair trades on a softer note around 0.5795 during the Asian session on...

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FXStreet Forex News

11 Dec 2024 01:11

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FXStreet Forex News

11 Dec 2024 01:05

Preparing for an inflation uptick

US stocks paused on Tuesday, with investors treading cautiously on the eve of a critical consumer inflation report that could dictate the Federal Reserve's next move on interest...

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FXStreet Forex News

11 Dec 2024 00:06

GBP/USD tries to push north through near-term congestion

GBP/USD found some room on the high side on Tuesday, gaining almost 0.2% and inching back toward the 1.2800 handle, grasping for the key price level that has flummoxed bullish momentum in recent...

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FXStreet Forex News

10 Dec 2024 23:45

Silver Price Forecast: XAG/USD nears $32 hurdle amid Fed rate cut speculation

Silver price climbed some 0.19% on Tuesday yet failed to clear the $32.00 hurdle after hitting a three-week high of $32.27 at the beginning of the...

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FXStreet Forex News

10 Dec 2024 22:54

NZD/USD Price Analysis: Pair falls to 0.5800 after strong rejection at 20-day SMA

The NZD/USD pair faced renewed selling pressure on Tuesday, dropping by 1.14% to 0.5800 after a failed attempt to reclaim the 20-day Simple Moving Average...

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FXStreet Forex News

10 Dec 2024 22:15

EUR/AUD Price Forecast: Climbs to two-day high above 1.6500

The EUR/AUD soared to a new two-day peak on Tuesday after the Reserve Bank of Australia (RBA) kept rates unchanged yet adopted a dovish stance, as they noted inflation is beginning to ease towards its 3%...

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FXStreet Forex News

10 Dec 2024 21:30

AUD/USD falls sharply below 0.6400 as RBA delivers less hawkish guidance

The AUD/USD pair fell sharply below 0.6400 on Tuesday, declining by 0.82% to 0.6395 after the Reserve Bank of Australia (RBA) delivered less hawkish interest rate...

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FXStreet Forex News

10 Dec 2024 20:49

Forex Today: The publication of US CPI data steals the show

The Greenback added to recent gains amid rising yields and intense caution ahead of the release of the US inflation figures gauged by the CPI on...

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FXStreet Forex News

10 Dec 2024 19:15

Dow Jones Industrial Average flattens on cautious Tuesday

The Dow Jones Industrial Average (DJIA) flat-lined on Tuesday, testing briefly into the low end below 44,200 before rebounding into the day’s opening prices near...

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FXStreet Forex News

10 Dec 2024 18:38

EUR/USD Price Forecast: Losses could accelerate below 1.0500

Another positive day in the Greenback saw EUR/USD slip back to the boundaries of the key contention region around 1.0500 on turnaround Tuesday, in a context of extra gains in the Greenback and higher US and German...

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FXStreet Forex News

10 Dec 2024 17:37

US small business optimism soars

Small businesses have become more optimistic since the November election, as evidenced by an eight-point jump in the Small Business Optimism...

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FXStreet Forex News

10 Dec 2024 17:05

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FXStreet Forex News

10 Dec 2024 16:32

Small business optimism surges in November

Small business optimism surged in November alongside a promptly decided election...

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FXStreet Forex News

11 Dec 2024 02:49

Australian Dollar steadies despite a market caution ahead of US CPI

The Australian Dollar (AUD) hovers against the US Dollar (USD) on Wednesday after experiencing losses in the previous...

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FXStreet Forex News

11 Dec 2024 02:17

PBOC sets USD/CNY reference rate at 7.1843 vs. 7.1896 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1843, as compared to the previous day's fix of 7.1896 and 7.2379 Reuters...

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FXStreet Forex News

11 Dec 2024 01:11

WTI remains capped below $68.50 on disappointing Chinese data, surprise climb in crude inventories

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.20 on...

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FXStreet Forex News

11 Dec 2024 00:22

EUR/USD retests 1.05 ahead of US CPI inflation, ECB rate call in the barrel

EUR/USD shed close to 0.2% on Tuesday, chalking in a third straight declining trading day and testing down into the 1.0500 handle as the Euro’s near-term bullish recovery fizzles...

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FXStreet Forex News

11 Dec 2024 00:05

USD/CAD extends upside above 1.4150, all eyes on US CPI data, BoC rate decision

The USD/CAD pair extends the rally to near 1.4180 during the early Asian session on Wednesday, bolstered by the firmer US dollar (USD)...

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FXStreet Forex News

10 Dec 2024 23:02

Will tomorrow’s CPI report crash the stock market?

In our previous update, we asked if NVIDIA Corporation’s (NVDA) earnings would crash the stock market, in this case, the NASDAQ100( NDX), and...

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FXStreet Forex News

10 Dec 2024 22:43

NZD/JPY Price Analysis: Pair retreats to 88.00 as bearish consolidation continues

The NZD/JPY pair continued its downward trajectory on Tuesday, retreating to 88.10 amid ongoing bearish...

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FXStreet Forex News

10 Dec 2024 21:30

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FXStreet Forex News

10 Dec 2024 20:52

Canadian Dollar struggles to find footing at multi-year lows

The Canadian Dollar (CAD) swooned on Tuesday, dipping closer toward the 1.4200 handle against the Greenback before meagerly recovering its stance on the...

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FXStreet Forex News

10 Dec 2024 19:22

US Dollar gains ahead of inflation data

The US Dollar Index (DXY) holds steady around the 106.00 mark as markets recalibrate following robust Nonfarm Payrolls (NFP) data last...

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FXStreet Forex News

10 Dec 2024 18:54

Mexican Peso wavers as Consumer Confidence dips, US yields rise

The Mexican Peso erased its earlier gains and dropped to a four-day low before recovering some ground against the Greenback on Tuesday after Consumer Confidence figures in Mexico deteriorated, while US Treasury bond yields...

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FXStreet Forex News

10 Dec 2024 17:40

Gold Price Forecast: XAU/USD on its way to challenge record highs

Spot Gold maintains its bullish route on Tuesday, extending gains beyond the $2,680 threshold on the back of a dismal market...

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FXStreet Forex News

10 Dec 2024 17:23

AUD/USD Price Forecast: Another test of 0.6350 should not be ruled out

The US Dollar (USD) added to Monday’s uptick and motivated the Dollar Index (DXY) to flirt with multi-day highs above 106.60 on...

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FXStreet Forex News

10 Dec 2024 17:05

EUR/USD Price Analysis: Pair retreats to 1.0525, losing key 20-day SMA support

The EUR/USD pair extended its losses on Tuesday, retreating to 1.0525 and slipping slightly below the 20-day Simple Moving Average...

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FXStreet Forex News

10 Dec 2024 16:28

GBP/USD Price Forecast: Retreats below 1.2750 amid strong US Dollar

The Pound Sterling tumbled after failing to clear the 1.2800 figure for the third consecutive day, trading at 1.2720, down over 0.17%...

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