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FXStreet Forex News

Moody’s downgrades Slovakia

Industrial producer prices went up by 0.4% m/m and by 1.7% y/y in Czechia for...

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German Preliminary Manufacturing PMI unexpectedly drops to 42.5 in December vs. 43.8 expected

The German manufacturing sector activity worsened in December while the services sector returned to expansion, the preliminary business activity report published by the HCOB survey showed...

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Last central banks’ meetings this year

In Czechia and Hungary, the central banks will hold rate-setting...

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EUR/USD Forecast: Euro recovery attempts could remain short-lived

EUR/USD snapped a five-day losing streak on Friday but closed the previous week in negative...

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Fed preview: Rate cut on deck, but with 2025 caution

25bp rate cut expected: The Fed is set to cut rates to 4.25%-4.50%, but it may signal caution on further...

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GBP/USD Price Forecast: Hovers below 1.2650, descending channel’s upper boundary

GBP/USD breaks its three-day losing streak, trading around 1.2640 during the early European hours on...

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Forex Today: Big central bank week starts with flash PMIs

Here is what you need to know on Monday, December 16: Market participants gear up for a critical week that will feature several major central banks' last policy meeting of the...

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Flash PMIs in focus

Today all eyes are on the euro area December flash PMIs as the very large decline in November caused significant market...

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FX option expiries for Dec 16 NY cut

FX option expiries for Dec 16 NY cut at 10:00 Eastern Time via DTCC can be found...

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AUD/JPY Price Forecast: Rises to near 98.00 amid potential for bullish divergence

The AUD/JPY cross extends its gains for the second successive day, trading around 98.20 during the Asian hours on...

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India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Monday, according to data compiled by...

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USD/CAD remains below multi-year highs near 1.4250

USD/CAD inches lower after marking a multi-year high of 1.4245 on Friday, trading around 1.4230 during the Asian hours on...

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Gold Price Forecast: XAU/USD battles key $2,650 level at the start of the Fed week

Gold price looks to start the final full week of 2024 positively, clinging to $2,650 early...

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WTI trades around $70.50, upside potential seems possible due to rising supply threats

West Texas Intermediate (WTI) Oil price corrects downwards after registering gains in the previous session, trading around $70.50 per barrel during the Asian session on...

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USD/JPY Price Forecast: Traders opt to wait for FOMC/BoJ policy meetings this week

The USD/JPY pair seesaws between tepid gains/minor losses through the early European session and consolidates its recent move up to the 154.00 neighborhood, or a near three-week top touched this...

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Lagarde speech: Will cut rates further if incoming data confirm that disinflation is on track

On Monday, European Central Bank (ECB) President Christine Lagarde is speaking at an Annual Economics Conference on ‘Pillars of Resilience Amid Global Geopolitical...

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EUR/GBP consolidates above 0.8300 ahead of PMI figures from Eurozone, UK

EUR/GBP moves sideways following two days of gains, trading around 0.8320 during the European hours on...

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Moody's downgrades France and Slovakia amid fiscal and political challenges

German and EMU yields on Friday initially only showed minor gains, but finally extended the rebound that gradually developed earlier last...

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France downgraded

China’s latest efforts to convince investors that it will boost its economy with great stimulus measures had the same reaction than the previous ones:...

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EUR/USD Price Forecast: Retains negative bias near 1.0500 ahead of ECB’s Lagarde speech

The EUR/USD pair trades in positive territory around 1.0510 during the early European session on...

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All stock analysis and Elliott Wave forecast [Video]

ASX: ARISTOCRAT LEISURE LIMITED - ALL Elliott Elliott Wave Technical Analysis...

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CN econ weakness continues, KR impeaches yoon

Asia Market Update: CN econ weakness continues; KR impeaches Yoon; Bitcoin fresh record high; FOMC, BOJ, BOE rate decisions this...

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EUR/JPY gains ground above 161.50 ahead of ECB’s Lagarde speech

The EUR/JPY cross gains traction to near 161.65 during the early European session on...

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Silver Price Forecast: XAG/USD consolidates around $30.55 area, 100-day SMA

Silver (XAG/UD) kicks off the new week on a subdued note and consolidates last week's retracement slide from or over a one-month...

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Morning briefing: Euro can test 1.0550-1.0600

Good Morning! Dollar Index failed to sustain its rise past 107 and slipped below...

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Gold price bounces off one-week low; lacks bullish conviction ahead of FOMC meeting

Gold price (XAU/USD) ticks higher following an Asian session downtick to the $2,644-2,643 region, or a one-week low, and for now, seems to have stalled its sharp retracement slide from over a one-month high touched last...

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USD/INR gathers strength ahead of Indian PMI, WPI inflation data

The Indian Rupee (INR) weakens on Monday. Heightened US Dollar (USD) demand in the non-deliverable forwards market and a weaker Chinese Yuan weigh on the local...

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