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FXStreet Forex News

USD/CHF Elliott Wave technical analysis [Video]

USDCHF Elliott Wave Analysis - Trading Lounge Day Chart...

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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet...

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EUR/USD slides on ECB dovish bets, firm US Dollar ahead of US inflation

EUR/USD extends its downside around the psychological support of 1.0500 in Wednesday’s European...

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EUR: Downside risks for EUR/USD – ING

The European data calendar is quiet this week, and investors await the main event of the week – Thursday’s ECB...

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GBP/USD Forecast: Pivot level forms at 1.2750, eyes on US CPI

GBP/USD registered modest gains for the second consecutive day on Tuesday but lost its traction early...

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CAD: BoC to make the rate decision today – ING

Today's Bank of Canada (BoC) decision may have some read over to the US, ING’s FX analyst Chris Turner...

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GBP/USD: Momentum is beginning to slow – UOB Group

Pound Sterling (GBP) may edge higher; as momentum is not strong for now, any advance is unlikely to break above...

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EUR/USD: Rising US dept yields ahead of US inflation data push the Euro below 1.0500

The single European currency is falling marginally below the 1,05 level as, as expected, the reactions could not continue and Euro's positive upward momentum is not the main scenario at the...

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USD/JPY Price Forecast: Bulls face rejection near 200-day SMA ahead of US CPI report

The USD/JPY pair attracts some sellers following the release of a stronger Producer Price Index (PPI) from Japan on Wednesday and for now, seems to have snapped a two-day winning streak to a near two-week top touched the previous...

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Labor hoarding in CEE lower than in the Eurozone

In Slovenia, industrial production grew 3.5% y/y in...

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EUR/USD Forecast: Euro retreats below key support ahead of US inflation report

EUR/USD closed in negative territory on Tuesday and continued push lower toward the 1.0500 area early Wednesday, pressured by the renewed US Dollar (USD)...

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AUD/JPY moves below 96.50 due to market caution, robust Japan’s PPI

AUD/JPY continues to lose ground for the second successive day, trading around 96.30 during early European hours on...

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Today’s eco calendar is compact, but interesting with November US CPI inflation

German Bunds outperformed US Treasuries and UK Gilts yesterday as we approach final policy meetings of respective central banks which are set to widen their diverging...

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WTI continue to rise toward $69.00 due to improved demand outlook in China

West Texas Intermediate (WTI) Oil price extends its gains for the third successive session, trading around $68.80 per barrel during Asian hours on...

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USD/JPY: USD to test 152.45 before the risk of a pullback increases – UOB Group

Scope for US Dollar (USD) to test 152.45 before the risk of a pullback...

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Dollar strength, equities shaky and crypto well- bid

Important News for the day Wed, 11th, 14:30 CET US Consumer prices index Wed, 11th, 15:45 CET CA BoC rate statement BoC volatility The interest rate decision in Canada might move...

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NZD/USD: A chance of declining further – UOB Group

New Zealand Dollar (NZD) could decline further but may not be able to break clearly below the major support at...

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AUD/USD seems vulnerable near YTD low, around mid-0.6300s ahead of US CPI

The AUD/USD pair remains under some selling pressure for the second straight day on Wednesday and drops to the 0.6340 area, or the lowest level since November 2023 during the first half of the European...

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AUD/USD: AUD can break and remain below 0.6350 – UOB Group

The Australian Dollar (AUD) could weaken further; given the deeply oversold conditions, it remains to be seen if it can break below...

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BoC set to cut interest rate again as inflation steadies and growth slows

The Bank of Canada (BoC) will announce its decision on monetary policy on...

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CPU stock analysis and Elliott Wave technical forecast [Video]

ASX: COMPUTERSHARE LIMITED. - CPU Elliott Elliott Wave Technical Analysis...

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USD: Multiple upside risks today – ING

The US Dollar (USD) has come back bid – partly on the exceptionally strong US NFIB small business optimism index released...

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NZD/USD Price Forecast: Tests two-year lows after breaking below 0.5800

The NZD/USD pair extends its gains for the second successive day, trading around 0.5780 during the European session on...

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Live Coverage: Fed and markets await core inflation with angst

Will US inflation remain elevated? Investors are worried about the CPI – which is critical for the Fed...

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All eyes on CPI

Today’s US CPI print for November is pivotal for markets. It is expected to show a 0.3% MoM gain for headline inflation, the annual rate is expected to rise to 2.7% from 2.6%, while the annual rate of core inflation is expected to remain at...

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Pound Sterling trades lackluster against US Dollar as US inflation data looms

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

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Forex Today: US CPI data and BoC rate decision to lift market volatility

Here is what you need to know on Wednesday, December 11: The US Dollar (USD) stays resilient against its major rivals early Wednesday, with the USD Index holding comfortably above...

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EUR/GBP remains weak below 0.8250 ahead of ECB rate decision

The EUR/GBP cross remains on the defensive near 0.8245 during the early European trading hours on...

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