FXStreet Forex News

11 Dec 2024 18:03

Rate cut expectations weigh on the euro

While the Nasdaq 100 is surging again today, the euro is in retreat ahead of tomorrow’s expected ECB rate cut, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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FXStreet Forex News

11 Dec 2024 16:24

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FXStreet Forex News

11 Dec 2024 16:18

Japanese Yen loses ground on shifting interest rate expectations

The Japanese Yen has lost 2.3% against the US dollar since the end of last week, roughly twice as much as the rise in the dollar index against a basket of six developed market...

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FXStreet Forex News

11 Dec 2024 15:57

November CPI: Going nowhere fast

November's CPI report delivered more evidence that progress in lowering inflation has...

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FXStreet Forex News

11 Dec 2024 15:45

Breaking: BoC cuts policy rate by 50 bps to 3.25% as expected

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

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FXStreet Forex News

11 Dec 2024 15:30

OPEC slashes Oil demand forecasts on weak economic outlook

The Organization of Petroleum Exporter Countries and its allies, known as OPEC+, updated its forecast, expecting less demand for Crude due to the ongoing economic slowdown in China, India, and other...

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FXStreet Forex News

11 Dec 2024 15:14

EUR/USD Price Forecast: Bears not giving up despite US CPI figures

The EUR/USD pair traded with a soft tone throughout the first half of the day, sliding a handful of pips below the 1.0500 mark ahead of critical United States (US)...

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FXStreet Forex News

11 Dec 2024 14:53

Breaking: US CPI inflation edges higher to 2.7% in November as expected

The US Consumer Price Index is set to rise 2.7% YoY in...

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FXStreet Forex News

11 Dec 2024 14:42

ECB rate preview: Ebury

Trading in the Euro Area this week will be all about Thursday’s Governing Council...

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FXStreet Forex News

11 Dec 2024 14:35

Greenback bid ahead of CPI

Overview: The dollar is on fire. Ahead of today's US November CPI and tomorrow's anticipated rate cuts by the European Central Bank and the Swiss National Bank, the greenback is rising against all G10 currencies and nearly all emerging market currencies (but the Hong Kong dollar and the Indian rupee, which slipped to a record-low earlier...

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FXStreet Forex News

11 Dec 2024 14:30

Breaking: US CPI inflation rises to 2.7% in November as expected

The US Consumer Price Index is set to rise 2.7% YoY in...

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FXStreet Forex News

11 Dec 2024 14:24

GBP/USD: Holds recent trading range above 1.27 for now – Scotiabank

The Pound Sterling (GBP) is softer, in line with its major currency peers, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

11 Dec 2024 14:20

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FXStreet Forex News

11 Dec 2024 14:19

CAD: BoC policy decision looms – Scotiabank

The Canadian Dollar (CAD) is soft, but little changed on the session, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

11 Dec 2024 14:15

Why is the ECB set to cut interest rates again and what does that mean

The European Central Bank (ECB) is widely expected to cut interest rates on Thursday for the fourth time this...

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FXStreet Forex News

11 Dec 2024 17:42

Gold price rises as US inflation data supports further Fed easing

Gold prices prolonged their uptrend on Wednesday following the release of inflation figures in the United States...

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FXStreet Forex News

11 Dec 2024 16:24

The Dollar continues to defy the data

The Dollar continues to defy the data, and rally. Consumer Debt explodes higher! Good...

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FXStreet Forex News

11 Dec 2024 16:16

Silver: Little room for a mistake – TDS

Only about 90mn oz of Silver remains available in the LBMA's 'free float' before it grinds down below levels required to satisfy OTC average daily trading volumes, TDS’ Senior Commodity Strategist Daniel Ghali...

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FXStreet Forex News

11 Dec 2024 15:52

Breaking: BoC lowers policy rate by 50 bps to 3.25% as expected

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

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FXStreet Forex News

11 Dec 2024 15:35

Silver Price Forecast: XAG/USD rebounds from $31.60 as sticky US CPI boosts Fed rate cut bets

Silver price (XAG/USD) finds buying interest near the intraday low of $31.60 in Wednesday’s North American session after the release of the United States (US) Consumer Price Index (CPI) data for...

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FXStreet Forex News

11 Dec 2024 15:17

EUR/USD Price Forecast: Bears not giving up despite US CPI figures

The EUR/USD pair traded with a soft tone throughout the first half of the day, sliding a handful of pips below the 1.0500 mark ahead of critical United States (US)...

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FXStreet Forex News

11 Dec 2024 14:53

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FXStreet Forex News

11 Dec 2024 14:52

USD/JPY climbs as US CPI meets expectations

The USD/JPY rose some 0.37% early in the North American session as traders digested the release of November US Consumer Price Index (CPI) figures, which came as expected by the...

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FXStreet Forex News

11 Dec 2024 14:37

Breaking: US CPI inflation rises to 2.7% in November as forecast

The US Consumer Price Index is set to rise 2.7% YoY in...

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FXStreet Forex News

11 Dec 2024 14:31

USD/CAD steady ahead of BoC rate decision

The Canadian dollar is drifting on Wednesday, ahead of the Bank of Canada rate decision later...

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FXStreet Forex News

11 Dec 2024 14:28

GBP/JPY Price Forecast: Recovers past 194.00, traders eye 200-day SMA

The Pound Sterling registered decent gains of over 0.20% against the Japanese Yen in early trading during Wednesday's North American session despite the lack of a catalyst boosting the...

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FXStreet Forex News

11 Dec 2024 14:21

EUR retains a soft undertone – Scotiabank

Euro (EUR) price action reflects the firmer tone in the USD overall as well as some re-widening in EZ/US short-term spreads, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

11 Dec 2024 14:20

USD/CHF eases from 0.8850 highs heading on the US inflation release

The US Dollar is trading higher for the fourth consecutive day although bulls have been halted at 0.8850 with investors awaiting the reading of November’s US CPI...

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FXStreet Forex News

11 Dec 2024 14:17

USD gains ahead of inflation data – Scotiabank

Reuters reported that the Chinese authorities are considering abandoning their stable yuan policy and allowing the CNY to weaken, Scotiabank’s Chief FX Strategist Shaun Osborne...

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FXStreet Forex News

11 Dec 2024 14:14

EUR/GBP trades with caution near two-year low around 0.8250 ahead of ECB policy meet

The EUR/GBP pair trades cautiously near a two-year low around 0.8250 in the North American session on...

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