FXStreet Forex News

18 Dec 2024 06:51

USD/CHF trades below 0.8950 after pulling back from six-month highs

USD/CHF extends its losses after pulling back from a six-month high of 0.8974, reached on...

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FXStreet Forex News

18 Dec 2024 06:22

Why these two pharma stocks are surging

Teva Pharmaceutical (NYSE:TEVA) and Sanofi (NASDAQ:SNY) stocks were rising on Tuesday after the companies announced successful results of a phase 2 study involving the treatment of patients with ulcerative colitis (UC) and Crohn’s disease...

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FXStreet Forex News

18 Dec 2024 06:05

USD/CAD marks fresh multi-year highs near 1.4350, awaits Fed’s guidance

USD/CAD extends its winning streak for the fifth consecutive day, trading around 1.4320 during the Asian hours on...

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FXStreet Forex News

18 Dec 2024 05:54

EUR/USD strengthens above 1.0500, all eyes are on Fed rate decision

The EUR/USD pair holds positive ground to near 1.0505 during the early European session on...

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FXStreet Forex News

18 Dec 2024 05:12

Morning briefing: Pound is trading higher within its range of 1.2500-1.2800

Good Morning! The Dollar Index looks stable above the support of 106.75 for now but the upside is likely to be capped at...

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FXStreet Forex News

18 Dec 2024 05:00

GBP/USD consolidates around 1.2700 mark ahead of UK CPI, FOMC decision

The GBP/USD pair struggles to capitalize on a two-day-old recovery move from the vicinity of the 1.2600 mark, or a three-week low touched on Monday and oscillates in a narrow band during the Asian...

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FXStreet Forex News

18 Dec 2024 04:21

South Korea: Will actively respond to excessive volatility in the forex market

South Korean Foreign Minister Cho Tae-yul said on Wednesday, “they will actively respond to excessive volatility in the forex market.” Additional comments US President Biden expressed confidence in Korean democracy and support for the bilateral alliance in a recent phone...

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FXStreet Forex News

18 Dec 2024 03:34

Silver Price Forecast: XAG/USD hovers around $30.50 within a horizontal channel

Silver price (XAG/USD) remains subdued for the fifth successive day, trading around $30.50 per troy ounce during the Asian hours on...

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FXStreet Forex News

18 Dec 2024 02:39

Japanese Yen bears have the upper hand ahead of key central bank event risks

The Japanese Yen (JPY) struggles to capitalize on the previous day's modest recovery gains against its American counterpart and attracts fresh sellers during the Asian session on...

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FXStreet Forex News

18 Dec 2024 02:15

NZD/USD weakens to near 0.5750 as traders brace for Fed rate decision

The NZD/USD pair remains on the defensive around 0.5750 during the early Asian session on...

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FXStreet Forex News

18 Dec 2024 01:07

WTI holds below $70.00 as weak Chinese data sparks demand concerns

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 on...

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FXStreet Forex News

18 Dec 2024 00:07

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FXStreet Forex News

17 Dec 2024 23:47

GBP/USD remains mired near 1.2700 as central bank decisions loom large

GBP/USD stretched into a two-day winning streak on Tuesday, gaining one-fifth of one percent and recapturing the 1.2700 handle, but only...

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FXStreet Forex News

17 Dec 2024 22:24

EUR/AUD Price Forecast: Rallies above 1.6500 amid risk-off mood

The Euro extended its gains versus the Australian Dollar on Tuesday, amid a session characterized by a risk-off mood, sending high-beta currencies...

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FXStreet Forex News

17 Dec 2024 21:37

Forex Today: Greenback churns as Fed rate call looms

Investor sentiment is grinding out worry lines in the charts, pushing major currency pairs into near-term midranges as the Federal Reserve’s (Fed) last rate call of 2024 approaches for a landing on Wednesday, with a smattering of other key central banks slated to make appearances this week as...

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FXStreet Forex News

18 Dec 2024 06:45

Crickets ahead of key rate decisions [including BoJ and Fed], UK CPI also in focus

- Japan automaker M&A in focus [Nissan and Honda]. -SCMP: Chinese equities rise amid measures to support state-owned...

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FXStreet Forex News

18 Dec 2024 06:10

GBP/JPY slides back below 195.00 ahead of UK inflation data; downside seems limited

The GBP/JPY cross attracts some intraday sellers following an Asian session uptick to the 195.50 region and turns lower for the second successive day on...

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FXStreet Forex News

18 Dec 2024 06:01

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FXStreet Forex News

18 Dec 2024 05:36

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

Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by...

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FXStreet Forex News

18 Dec 2024 05:05

EUR/JPY advances to near 161.50 ahead of Eurozone HICP data

EUR/JPY gains ground after registering losses in the previous session, trading around 161.40 during the Asian hours on...

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FXStreet Forex News

18 Dec 2024 04:21

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FXStreet Forex News

18 Dec 2024 03:40

USD/INR steadies as investors await Fed rate decision

The Indian Rupee (INR) trades on a flat note on Wednesday after reaching a new record low of 84.92 in the previous...

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FXStreet Forex News

18 Dec 2024 02:52

Australian Dollar depreciates as US Dollar remains solid ahead of Fed decision

The Australian Dollar (AUD) extends its losses for the second successive session against the US Dollar (USD) on...

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FXStreet Forex News

18 Dec 2024 02:17

PBOC sets USD/CNY reference rate at 7.1880 vs. 7.1891 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1880, as compared to the previous day's fix of 7.1891 and 7.2838 Reuters...

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FXStreet Forex News

18 Dec 2024 01:24

Will the Fed confirm a “hawkish cut”?

US stocks tumbled across the board on Tuesday, with the Dow marking its longest losing streak in 46...

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FXStreet Forex News

18 Dec 2024 00:09

EUR/USD unplugs bullish attempt, slips back below 1.05

Bullish momentum behind the Euro evaporated on Tuesday, dragging the pair back beneath the 1.0500 handle as traders buckle down for the wait to the Federal Reserve’s (Fed) last rate call of...

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FXStreet Forex News

18 Dec 2024 00:07

USD/CAD drifts higher to multi-year highs near 1.4300, Fed rate decision looms

The USD/CAD pair trades with mild gains near 1.4310 during the early Asian session on...

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FXStreet Forex News

17 Dec 2024 22:52

NZD/USD Price Analysis: Pair slips to 0.5750 as selling pressure resumes

The NZD/USD pair gave back recent gains on Tuesday, retreating by 0.48% to 0.5755 as sellers regained...

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FXStreet Forex News

17 Dec 2024 22:12

Australian Dollar falls ahead of Fed

The Australian Dollar falls sharply to near 0.6340 amid a cautious market mood ahead of the Federal Reserve’s policy...

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FXStreet Forex News

17 Dec 2024 21:25

Mexican Peso weakens amid soft domestic consumer spending

The Mexican Peso extended its losses against the Greenback for the second straight day after Mexican economic data showed that consumer spending shrank in November, an indication that the economy is...

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