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FXStreet Forex News

Dow Jones Industrial Average backslides 330 points on Tuesday

The Dow Jones Industrial Average (DJIA) shed another 300 points on Tuesday as losses accumulate in the key index and begin to gather...

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Canadian Dollar slumps as Canadian CPI inflation cools further

The Canadian Dollar (CAD) plunged to a fresh multi-year low on Tuesday, falling four-tenths of a percent against the Greenback and pushing USD/CAD to its highest bids in nearly five years, sending the pair above 1.4300 for the first time since March of...

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EUR/USD Price Forecast: Caution rules ahead of Federal Reserve’s decision

The EUR/USD pair held within familiar levels on Tuesday, stabilizing at around the 1.0500...

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Silver Price Forecast: XAG/USD slips below 100-day SMA, eyes $30.00

Silver price drops below the 100-day Simple Moving Average (SMA) of $30.57, extending its losses to four consecutive days, as the Greenback remains...

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Nvidia stock cascades below $130 despite 5G partnership with Verizon

Nvidia (NVDA) stock traded some 2% to 3% lower on Tuesday morning, falling below $130 for the first time since October 15, more than two months...

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Gold price under pressure ahead of the Fed meeting – Commerzbank

The Gold price fell to $2,650 per troy ounce on Friday, reversing most of the strong gains from the first half of the week within two trading days, Commerzbank’s commodity analyst Carsten Fritsch...

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Silver Price Forecast: XAG/USD posts fresh two-week low near $30, Fed policy in spotlight

Silver price (XAG/USD) refreshes a two-week low near $30.20 in the North American session on...

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Gold outlook: Fed decision tomorrow to wrap up 2024

Gold’s price appears to have had some slight bearish tendencies...

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Pound steady after hot UK wage growth, CPI next

The British pound is showing little movement on Tuesday, after jumping 0.57% a day...

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ETF review: December flows so far fail to keep pace with November

ETFs are experiencing a quieter December compared with...

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ETF review: December flows so far fail to keep pace with November

ETFs are experiencing a quieter December compared with...

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Uranium Miners ETF (URA) correction should find support

The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium & Nuclear Components Total Return...

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How to trade the Fed rate decision

The Federal Reserve (Fed) is the United States (US) central...

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IONQ soon should be entering into wave IV pullback

IONQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information...

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AUD/USD declines amid cautious market mood ahead of Fed and RBA dovish bets

The AUD/USD pair falls sharply to near 0.6340 during Tuesday’s session amid a cautious market mood ahead of the Federal Reserve’s policy...

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Gold price hits weekly low on US data, Fed decision looms

Gold price dropped to a new weekly low of $2,633 on Tuesday following the release of strong Retail Sales data in the United...

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How different will 2025 be from 2024?

The year 2024 is coming to an end, but political and economic uncertainties persist and are expected to continue into 2025, albeit in new...

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EUR/USD Price Analysis: Pair remains range-bound near 1.0505, struggles below 20-day SMA

The EUR/USD pair continues to tread water on Tuesday, inching down to 1.0505 and showing no clear directional...

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Third straight drop for industrial production in November

The expected bounce in industrial production was a no-show in...

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GBP/USD Price Forecast: Sees modest gains below 1.2700

The GBP/USD advances modestly by some 0.15% following the release of solid US Retail Sales data, which put a lid on the pair’s...

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USD/SGD: Approaching triple-top – OCBC

USD/SGD continued to trade near recent highs. The pair was last at 1.3504, OCBC’s FX analysts Frances Cheung and Christopher Wong...

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Auto sales and ecommerce drive outsized gain in Retail Sales

The November jump in retail sales owes much to the largest category of...

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EUR/USD consolidates despite increasing political woes in Europe – OCBC

The Euro (EUR) continues to hold steady at around 1.0500 against the US Dollar (USD) despite increasing political uncertainty in Germany, France and a Moody’s rating downgrade on French credit on Friday, OCBC’s FX analysts Frances Cheung and Christopher Wong...

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Signs of 2024 SPY topping out

S&P 500 shook off weak Empire State manufacturing, and correctly focused on surging services PMI instead of marginally down manufacturing...

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Canada annual CPI inflation softens to 1.9% in November vs. 2% expected

Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), declined to 1.9% on a yearly basis in November, Statistics Canada reported on...

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US Retail Sales rise 0.7% in November vs. 0.5% expected

Retail Sales in the US rose 0.7% to $724.6 billion in November, the US Census Bureau reported on...

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Broadcom (AVGO) favors bullish sequence towards $273

Broadcom Inc., (AVGO) designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal oxide...

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