FXStreet Forex News

13 Dec 2024 10:01

PBOC: Will keep the Yuan basically stable

Citing the People's Bank of China (PBOC), CCTV reported on Friday, they “will keep the Yuan basically stable.” Additional takeaways Will firmly prevent foreign exchange overshooting...

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FXStreet Forex News

13 Dec 2024 09:54

GBP/USD Forecast: Pound Sterling tests key support after weak UK data

After spending the first half of the week in a tight range, GBP/USD turned south and lost more than 0.5% on...

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FXStreet Forex News

13 Dec 2024 09:50

EUR/USD trades choppy after ECB Lagarde shows concerns over Eurozone economic growth

EUR/USD broadly consolidates near 1.0470 in Friday’s European session, staying under bearish pressure after comments from European Central Bank (ECB) President Christine Lagarde on Thursday indicated that more interest rate cuts are in the pipeline, a scenario that has dampened the Euro’s (EUR)...

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FXStreet Forex News

13 Dec 2024 09:44

FTSE 100 (UK) index Elliott Wave technical analysis [Video]

FTSE 100 Elliott Wave Analysis Trading Lounge Day Chart. Index: FTSE 100...

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FXStreet Forex News

13 Dec 2024 09:22

EUR/USD: Room for further losses for the Euro as it is already approaching 1.0450 level

The single European currency is one breath away from the level of 1,0450 as it remains under mild pressure in the wake of yesterday's meeting of the European Central Bank where the decision to cut key interest rates by 25 basis points was fully...

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FXStreet Forex News

13 Dec 2024 09:00

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FXStreet Forex News

13 Dec 2024 08:54

ECB’s Muller: Temporary ups and downs on inflation are inevitable

European Central Bank (ECB) policymaker Madis Muller said on Friday that “temporary ups and downs on inflation are inevitable.” Additional quotes There was consensus at ECB's Governing...

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FXStreet Forex News

13 Dec 2024 08:50

ECB majority eyes neutral policy stance, diverging from market expectations

The ECB yesterday stuck with its 25 bps easing pace, even though a larger step (50 bps) was briefly...

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FXStreet Forex News

13 Dec 2024 08:46

EUR/USD Forecast: Euro shows no signs of life after ECB

EUR/USD stays on the back foot and trades near 1.0450 on Friday after closing the fifth consecutive day in negative territory on...

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FXStreet Forex News

13 Dec 2024 08:33

USD/CAD Elliott Wave technical analysis [Video]

Currency Pair: U.S. Dollar / Canadian Dollar (USDCAD) Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 1 Direction for Next Lower Degrees: Navy Blue Wave 2 Details Current Status: Orange wave 4 appears...

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FXStreet Forex News

13 Dec 2024 08:20

EUR/GBP edges higher to near 0.8300 following the disappointing UK data

EUR/GBP extends its gains for the second successive session following the release of key economic data from the United Kingdom (UK) and Germany, the largest economy in the European Union (EU) and the world's third-largest...

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FXStreet Forex News

13 Dec 2024 07:55

ECB lowered interest rates by 25bp as widely expected

In the euro area, we receive data on industrial production from October, which will give the first hard data point for production in...

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FXStreet Forex News

13 Dec 2024 07:08

Silver Price Forecast: XAG/USD falls to near $31.00 after breaking below ascending channel

Silver price (XAG/USD) extends its losses for the second session, trading around $30.90 per troy ounce during the Asian hours on...

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FXStreet Forex News

13 Dec 2024 06:34

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FXStreet Forex News

13 Dec 2024 06:31

GBP/USD depreciates to near 1.2650 ahead of UK monthly GDP

GBP/USD holds losses for the third successive day, trading around 1.2660 during the Asian hours on...

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FXStreet Forex News

13 Dec 2024 10:01

Stock consolidate after inflation data

Emini S&P December support at 6050/45 likely to be retested as we revers Wednesday's...

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FXStreet Forex News

13 Dec 2024 09:50

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FXStreet Forex News

13 Dec 2024 09:49

Gold prices recovered, but future hinges on USD trends

Gold prices stabilised around 2,690.00 USD per troy ounce on...

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FXStreet Forex News

13 Dec 2024 09:38

USD/CAD Price Forecast: Hits fresh multi-year top as focus shifts to FOMC meeting next week

The USD/CAD pair builds on Thursday's breakout momentum above the 1.4200 mark and touches a fresh high since April 2020 on the last trading day of the...

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FXStreet Forex News

13 Dec 2024 09:21

Retail sector keeps growing, mixed performance of industry in CEE

The ECB Governing Council decided to cut the deposit rate by a further 25 basis points (bp) to...

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FXStreet Forex News

13 Dec 2024 08:58

Key levels and divergences: What the S&P 500 chart is telling us

Price patterns in technical analysis are valuable tools for uncovering potential trading...

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FXStreet Forex News

13 Dec 2024 08:54

Pound Sterling slumps as UK GDP, factory output unexpectedly contract in October

The Pound Sterling (GBP) falls sharply against its major peers on Friday after the United Kingdom (UK) Office for National Statistics (ONS) reported that monthly Gross Domestic Product (GDP) and factory data surprisingly contracted in...

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FXStreet Forex News

13 Dec 2024 08:46

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FXStreet Forex News

13 Dec 2024 08:37

GBP/JPY holds losses around 193.00 after the release of weaker UK economic figures

GBP/JPY continues to lose ground after the release of disappointing key economic data from the United Kingdom (UK), trading around 193.00 during the European hours on...

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FXStreet Forex News

13 Dec 2024 08:24

Forex Today: US Dollar looks to post strong weekly gains, supported by rising bond yields

Here is what you need to know on Friday, December 13: The US Dollar (USD) Index continues to push higher early Friday and trades at its strongest level in over two weeks above 107.00 after closing in positive territory every day this...

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FXStreet Forex News

13 Dec 2024 08:02

UK GDP contracts 0.1% MoM in October vs. +0.1% expected

The UK economy contracted at a monthly pace of 0.1% in October after declining 0.1% in September, the latest data published by the Office for National Statistics (ONS) showed on...

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FXStreet Forex News

13 Dec 2024 07:40

Keeping up with the central banks

This week has been rich in terms of interest rate cuts from major central...

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FXStreet Forex News

13 Dec 2024 06:43

Asian equities weak amid uncertainty and lack of fresh data at end-of-week

Asia market update: CN CEWC disappoints; Asian equities weak amid uncertainty and lack of fresh data at end-of-week; Kospi bucks trend back to pre-Martial law...

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FXStreet Forex News

13 Dec 2024 06:34

EUR/USD seems vulnerable around 1.0460 area amid divergent ECB-Fed expectations

The EUR/USD pair remains depressed during the Asian session on Friday and touches a near three-week low, around the 1.0455 area in the last...

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FXStreet Forex News

13 Dec 2024 06:28

Warner Bros discovery stock rises 16% on restructuring plan

Warner Bros Discovery stock jumped 16% Thursday. The media giant announced a plan to restructure its business...

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