FXStreet Forex News

13 Dec 2024 05:53

USD/INR maintains position near fresh highs due to a stronger US Dollar

The Indian Rupee (INR) extends losses for the second successive session, hovering near fresh record lows on...

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FXStreet Forex News

13 Dec 2024 05:25

Morning briefing: Euro downside is expected to be limited to 1.0450-1.0400

Good Morning! ECB went ahead with the 25 bps rate cuts, thereby bringing the refinancing rate to...

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FXStreet Forex News

13 Dec 2024 04:02

Gold Price Forecast: XAU/USD buyers not ready to give up yet

Gold's price looks to resume this week’s recovery to monthly highs of $2,726 early Friday, following Wednesday’s brief...

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FXStreet Forex News

13 Dec 2024 03:49

WTI consolidates around $69.65-$69.70 area, below monthly peak set on Thursday

West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction during the Asian session on Friday and remain on the defensive below the monthly top, around the $70.30 area touched the previous...

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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

13 Dec 2024 05:48

Elliott Wave view looking for zigzag correction in GBP/JPY [Video]

Short Term Elliott Wave view in GBPJPY shows decline from 10.30.2024 high ended at 188.14 as wave...

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FXStreet Forex News

13 Dec 2024 05:21

Gold price trades with positive bias; remains below $2,700 on Fed rate cut expectations

Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Friday and reverses a part of the previous day's profit-taking slide from a five-week high, around the $2,726...

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FXStreet Forex News

13 Dec 2024 04:01

USD/CAD reaches fresh multi-year highs near 1.4250 due to Trump tariff threats

USD/CAD extends its gains for the second successive session, reaching a fresh multi-year high of 1.4239 during Friday's Asian trading hours, the highest level since April...

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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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