FXStreet Forex News

19 Dec 2024 01:43

EUR/USD remains on the defensive below 1.0400 on hawkish Fed rate cut

The EUR/USD pair weakens to near 1.0370 during the Asian trading hours on...

Read More👈

FXStreet Forex News

19 Dec 2024 01:02

Hi traders! Did you know we also have a FXStreet WhatsApp channel?
There you will find the 5 o 6 top daily market highlights. You'll love it too!
Here I share with you the link, in case you are interested: https://whatsapp.com/channel/0029VaDGsU90lwgjJ5Sh8Y45

FXStreet Forex News

19 Dec 2024 00:21

Asia open: Anticipating the next domino to fall

The Federal Reserve has spoken, issuing a decidedly hawkish directive that has sent shockwaves across the global financial...

Read More👈

FXStreet Forex News

19 Dec 2024 00:00

Bank of Japan set to hold interest rates steady as rising inflation hints at early-year hike

After concluding its two-day monetary policy review on Thursday, the Bank of Japan (BoJ) is expected to hold the short-term interest rate at...

Read More👈

FXStreet Forex News

18 Dec 2024 23:15

Reach Your Trading Goals Faster with our Deposit Bonus up to $10,500💯🚀🎯

Trade the global markets with XM and enjoy:

Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡️

💰 Try and find a better deposit bonus. We’ll wait. 💰

Risk warning: Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.

FXStreet Forex News

18 Dec 2024 22:13

Post-FOMC carnage: A stark shift in monetary policy outlook signals a turbulent new reality

In a dramatic turn, U.S. stocks and global markets crumbled after the Federal Reserve’s latest dot plot iteration, which only pencilled in two more cuts, down from four for the coming...

Read More👈

FXStreet Forex News

18 Dec 2024 21:47

EUR/USD Price Forecast: Fed boosts the US Dollar with a hawkish cut

The EUR/USD pair is ending Wednesday near its 2024 low, as the US Dollar gathered momentum following the United States (US) Federal Reserve’s (Fed) monetary policy...

Read More👈

FXStreet Forex News

18 Dec 2024 21:25

Powell speech: Rate hike does not appear to be a likely outcome next year

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 21:17

EUR/USD collapses below 1.0400 as Fed eyes two cuts in 2025

The EUR/USD sank sharply after the Fed cut interest rates but also adopted a slightly hawkish stance, as the central bank estimates 100 basis points of easing toward the next two...

Read More👈

FXStreet Forex News

18 Dec 2024 21:00

USD/CAD refreshes four-year highs above 1.4400 post-Fed hawkish cut

The USD/CAD soared to fresh yearly highs after the Federal Reserve slashed interest rates at the December meeting while opting to adopt a gradual approach to monetary policy next...

Read More👈

FXStreet Forex News

18 Dec 2024 20:54

Powell speech: Premature to make any conclusion on impact of tariffs

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 20:49

Powell speech: Stronger economic growth and lower unemployment driving slower rate-cut path

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 20:37

Powell speech: We can be more cautious in reducing rates

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 20:28

GBP/USD Forecast: US Fed sends Pound into worrisome territory ahead of BoE

The British Pound found near-term support earlier in the day, leading to GBP/USD reaching an intraday high of...

Read More👈

FXStreet Forex News

18 Dec 2024 20:09

Breaking: Fed lowers interest rate by 25 bps to 4.25%-4.5% in December as forecast

The US Federal Reserve (Fed) will announce monetary policy decisions following the December policy meeting on...

Read More👈

FXStreet Forex News

19 Dec 2024 01:22

Fed spooks the market, as BoE in focus

The Federal Reserve may have cut rates on Wednesday, but the market thinks it could be a while before they cut...

Read More👈

FXStreet Forex News

19 Dec 2024 00:52

South Korea prepares FX stability and liquidity measures

South Korean Finance Minister, Choi Sang-mok, said on Thursday that the officials will prepare foreign exchange (FX) stability and liquidity measures in the 2025 policy...

Read More👈

FXStreet Forex News

19 Dec 2024 00:19

NZD/USD faces selling pressure below 0.5650 as New Zealand’s GDP falls 1.0% in Q3

The NZD/USD pair attracts some sellers to around 0.5630 during the early Asian session on...

Read More👈

FXStreet Forex News

18 Dec 2024 23:58

Fed review: In a new phase

Powell stated that the Fed’s easing cycle is now entering a ‘new phase’ after the central bank has reduced rates by a total of 100bp within three...

Read More👈

FXStreet Forex News

18 Dec 2024 23:15

New Zealand’s Gross Domestic Product contracts 1.0% QoQ in Q3 vs. -0.4% expected

New Zealand's Gross Domestic Product (GDP) shrank by 1.0% QoQ in the third quarter (Q3) compared with a 1.1% contraction (revised from -0.2%) in the second quarter, the Australian Bureau of Statistics (ABS) showed on...

Read More👈

FXStreet Forex News

18 Dec 2024 21:57

Forex Today: Fed delivers hawkish cut, BoJ and BoE coming up next

What you need to take care of on Thursday, December 19: Financial markets spent most of the day in wait-and-see mode ahead of the Federal Reserve’s (Fed) monetary policy...

Read More👈

FXStreet Forex News

18 Dec 2024 21:44

FOMC cuts rates, but pace of easing ahead likely will slow

As widely expected, the FOMC cut the target range for the federal funds rate by 25 bps at today's...

Read More👈

FXStreet Forex News

18 Dec 2024 21:18

Powell speech: It's appropriate to proceed cautiously

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 21:05

Powell speech: We moved quickly to get to here, going forward we will move slower

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 20:54

Kickstart Your Gold Trading with our Deposit Bonus up to $10,500💯🚀🎯

Trade the global gold markets with XM and enjoy:

Exceptional conditions 🏆
Low fees 📈
Superfast order execution ⚡

💰 Try and find a better deposit bonus. We’ll wait. 💰

Risk warning:Promotional materials from XM Global are not intended for persons residing in countries where such offers are prohibited. For further information, please visit XM.com.

FXStreet Forex News

18 Dec 2024 20:50

Another difficult year for retail, with Tesco and M&S standing out

The UK retail sector has faced plenty of challenges over the last few years navigating the lockdowns of the Covid pandemic, only to be hammered again by the impact of Russia’s invasion of Ukraine as the costs of carrying out business...

Read More👈

FXStreet Forex News

18 Dec 2024 20:43

Powell speech: Risks and uncertainty around inflation we see as higher

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press...

Read More👈

FXStreet Forex News

18 Dec 2024 20:35

EUR/USD tanks post-Fed decision, sellers eye 1.0400

The EUR/USD fell sharply, from around 1.0500, after the Federal Reserve lowered borrowing costs but adopted a cautious stance on the interest rates path in...

Read More👈

FXStreet Forex News

18 Dec 2024 20:16

USD/JPY rises as Fed cuts 25 bps and maintains hawkish outlook

On Wednesday, the USD/JPY currency pair rose after the Federal Reserve cut interest rates by 25 basis...

Read More👈

FXStreet Forex News

18 Dec 2024 20:08

Breaking: Fed lowers interest rate by 25 bps to 4.25%-4.5% in December as forecast

The US Federal Reserve (Fed) will announce monetary policy decisions following the December policy meeting on...

Read More👈