FXStreet Forex News

13 Dec 2024 03:39

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FXStreet Forex News

13 Dec 2024 03:11

Japanese Yen struggles near multi-week low amid reduced BoJ rate hike bets

The Japanese Yen (JPY) remains on the defensive against its American counterpart, lifting the USD/JPY pair closer to the 153.00 neighborhood, or a fresh monthly peak during the Asian session on...

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FXStreet Forex News

13 Dec 2024 02:38

Gold Price Forecast: XAU/USD attracts some buyers to near $2,700, traders brace for Fed rate decision

Gold price (XAU/USD) recovers some lost ground to around $2,690 during the Asian trading hours on Friday after retreating from a five-week high in the previous...

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FXStreet Forex News

13 Dec 2024 01:41

NZD/USD strengthens above 0.5750, bullish US Dollar might cap its downside

The NZD/USD pair gains ground to near 0.5770 during the early Asian session on...

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FXStreet Forex News

13 Dec 2024 00:53

EUR/USD pushed into a fifth straight loss, falls below 1.05 again

EUR/USD backslid a fifth straight trading day on Thursday, falling another one-fifth of one percent and declining further away from...

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FXStreet Forex News

13 Dec 2024 00:18

Canada to consider export taxes on oil and uranium if Trump starts trade war

Canada is considering export taxes on major commodities it exports to the US, including uranium, oil and potash, if President-elect Donald Trump imposes the broad tariffs he pledged, per...

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FXStreet Forex News

13 Dec 2024 00:06

USD/CAD holds above 1.4200 as hot US PPI boosts US Dollar

The USD/CAD pair posts modest gains to near 1.4215 during the early Asian session on...

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FXStreet Forex News

12 Dec 2024 23:03

EUR/AUD Price Forecast: Recovers after plunging below 1.6400 post ECB decision

The EUR/AUD trims some of its earlier losses on Thursday as the European Central Bank lowered interest...

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FXStreet Forex News

12 Dec 2024 21:47

Forex Today: US PPI inflation uptick keeps sentiment taut

US PPI inflation figures ticked higher in November, causing investors to tighten their stance slightly and keep the safe haven Greenback bid into the high side, though overall market mood remains...

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FXStreet Forex News

12 Dec 2024 20:39

AUD/USD fails to hold gains after mixed US economic data

The AUD/USD pair climbed to 0.6392 on Thursday, supported by weak US labor market reports and robust Australian employment...

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FXStreet Forex News

12 Dec 2024 19:44

US Dollar strengthens as ECB President Lagarde signals potential rate cuts

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, rose toward 106.70 after Christine Lagarde, President of the European Central Bank (ECB), confirmed talks of a possible 50 bps interest rate...

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FXStreet Forex News

12 Dec 2024 19:16

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FXStreet Forex News

12 Dec 2024 17:57

Gold Price Forecast: XAU/USD could extend its corrective slide

Spot Gold came under selling pressure on Thursday, trading around $2,680 a troy...

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FXStreet Forex News

12 Dec 2024 17:41

European Central Bank maintains steady easing, Swiss national bank accelerates

The European Central Bank (ECB) lowered its Deposit Rate by 25 bps to 3.00% at today's monetary policy announcement, and the accompanying statement was noticeably dovish in...

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FXStreet Forex News

12 Dec 2024 17:02

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FXStreet Forex News

13 Dec 2024 03:39

RBA’s Hunter offers no guidance on future monetary policy

Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter spoke at the University of Adelaide Luncheon on Friday, outlining the use of scenarios in setting...

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FXStreet Forex News

13 Dec 2024 03:02

Australian Dollar remains subdued as US Dollar gains ground due to Trump tariff threats

The Australian Dollar (AUD) continues to struggle against the US Dollar (USD) on...

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FXStreet Forex News

13 Dec 2024 02:17

PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1854 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1876, as compared to the previous day's fix of 7.1854 and 7.2745 Reuters...

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FXStreet Forex News

13 Dec 2024 01:03

Japan's Large Manufacturing Index improves to 14.0 in the fourth quarter (Q4) of 2024 – Tankan survey

Business confidence at large manufacturers in Japan improved in the fourth quarter (Q4) of 2024, according to the Bank of Japan's quarterly Tankan survey on...

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FXStreet Forex News

13 Dec 2024 00:34

GBP/USD breaks down as Pound bulls roll over

GBP/USD lost its grip on Thursday, easing back below the 1.2700 handle and shedding over half of a percent in the pair’s worst showing in...

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FXStreet Forex News

13 Dec 2024 00:06

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FXStreet Forex News

12 Dec 2024 23:16

Sherwin-Williams continues its twelve session slide on Thursday

The Sherwin-Williams Company (SHW) continued plodding lower on Thursday, alongside the broader...

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FXStreet Forex News

12 Dec 2024 22:28

Canadian Dollar tumbles to fresh multi-year lows

The Canadian Dollar (CAD) was unable to keep itself afloat on Thursday, ultimately declining another 0.4% against the safe haven...

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FXStreet Forex News

12 Dec 2024 20:42

USD/CHF: Expect further growth

So! The Swiss National Bank cut its base deposit rate by 50 basis points today, from 1.00% to 0.50%, surprising the markets, which had expected a 0.25%...

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FXStreet Forex News

12 Dec 2024 20:20

Mexican Peso retreats on thin trading after strong US PPI

The Mexican Peso weakens after posting back-to-back bullish days, dropping over 0.44% against the Greenback as mixed US economic data and a holiday in Mexico keep trading conditions...

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FXStreet Forex News

12 Dec 2024 19:33

EUR/USD Price Forecast: Battle around 1.0500 continues

The EUR/USD pair is finishing Thursday little changed at around 1.0500, but not before posting a fresh weekly low of 1.0463 during American trading...

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FXStreet Forex News

12 Dec 2024 19:16

Dow Jones Industrial Average adrift after PPI uptick

The Dow Jones Industrial Average (DJIA) held steady on Thursday, drifting into the 44,000 major price handle as investors balked at the latest US Producer Price Index (PPI) inflation...

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FXStreet Forex News

12 Dec 2024 17:46

ECB review: A dovish 25’er

Today’s decision was not clear cut, in our view, as the ECB could have opted for a 50bp rate cut in light of the weak economic growth...

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FXStreet Forex News

12 Dec 2024 17:11

EUR/USD Price Analysis: Pair slips to 1.0500, deepens losses below 20-day SMA

The EUR/USD pair extended its downside on Thursday, slipping to 1.0500 and further distancing itself from the 20-day Simple Moving Average...

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FXStreet Forex News

12 Dec 2024 16:29

ECB delivers 'bleak assessment' of economy following rate cut

The euro has come under some mild selling pressure today after the ECB struck a distinctly dovish tone during its latest...

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