FXStreet Forex News

19 Dec 2024 13:28

Crude Oil recovers as US inventories set to erode further in 2025

Crude Oil prices recover some of the initial weekly losses on Thursday, with the reference for the US Oil West Texas Intermediate (WTI) heading back to $70.00 on the back of some support provided by a Bloomberg Intelligence...

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FXStreet Forex News

19 Dec 2024 13:22

AUD/USD picks up from lows near 0.6200 as the US Dollar gives away some gains

The Australian Dollar is trading with minor gains on Thursday, bouncing up from multi-year lows at 0.6200, following a sharp sell-off after Wednesday’s monetary policy decision by the...

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FXStreet Forex News

19 Dec 2024 13:09

Breaking: BoE holds policy rate steady at 4.75% as expected

The Bank of England (BoE) will announce its decision on monetary policy on Thursday after completing the last meeting of...

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FXStreet Forex News

19 Dec 2024 13:03

Mexican Peso picks up from multi-week lows against US Dollar ahead of Banxico’s decision

The Mexican Peso (MXN) trades with marginal gains against the US Dollar (USD) on Thursday after dropping to three-week lows near 20.40 the previous...

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FXStreet Forex News

19 Dec 2024 12:33

USD/JPY Price Annual Forecast: Traders set for rocky 2025 on rediverging interest rates, Trump and North Korea

Over 2,200 pips – that is the movement in the USD/JPY pair in 2024, driven by monetary policy divergence by central banks across the...

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FXStreet Forex News

19 Dec 2024 12:16

Three other G10 central banks to come – Commerzbank

And for those who still haven't had enough of central banks, there are three more meetings today. The first will be the Swedish Riksbank, which will announce its interest rate decision at 9:30 a.m., Commerzbank’s FX analyst Volkmar Baur...

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FXStreet Forex News

19 Dec 2024 12:02

New Zealand slides after Fed rate cut, NZ GDP next

The New Zealand dollar has declined sharply on Wednesday. In the North American session, NZD/USD is trading at 0.5685, down 1.2% on the...

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FXStreet Forex News

19 Dec 2024 11:59

FOMC December meeting reaction: Slow and steady in 2025

This week’s communications has made clear that FOMC members are increasingly wary about inflationary risks, particularly in light of the tariff and tax proposals under Trump...

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FXStreet Forex News

19 Dec 2024 11:38

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FXStreet Forex News

19 Dec 2024 11:34

NZD/USD at a new low: The problem is the US Dollar and local GDP

NZD/USD has dropped to its lowest level since October 2022, trading around...

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FXStreet Forex News

19 Dec 2024 11:23

BoJ: January meeting is coming into focus – Commerzbank

Just a few hours after the Fed, the Bank of Japan (BoJ) also announced its last monetary policy decision for this year, leaving its key interest rate unchanged at...

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FXStreet Forex News

19 Dec 2024 11:07

GBP/JPY soars to near 198.80 as BoJ holds rates steady, BoE policy eyed

The GBP/JPY pair rallies to near 198.80 in Thursday’s European...

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FXStreet Forex News

19 Dec 2024 11:04

CZK: CNB likely to pause in the cutting cycle – ING

The Czech National Bank is very likely to take the first pause in the cutting cycle on Thursday and leave rates unchanged at 4.00%, ING’s FX analyst Frantisek Taborsky...

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FXStreet Forex News

19 Dec 2024 11:00

Advanced Micro Devices Inc. (AMD) Elliott Wave technical analysis [Video]

AMD Elliott Wave Analysis Trading Lounge Advanced Micro Devices Inc., (AMD) Daily Chart AMD Elliott Wave technical analysis Function: Counter Trend Mode: Corrective Structure: Complex Position: Wave c of (y) of...

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FXStreet Forex News

19 Dec 2024 10:51

USD/SGD: Triple-top busted – OCBC

USD/SGD rose another leg higher, as USD strength post-FOMC overwhelmed. Pair was last seen trading at 1.3615, OCBC’s FX analysts Frances Cheung and Christopher Wong...

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FXStreet Forex News

19 Dec 2024 13:25

Breaking: BoE maintains bank rate at 4.75% as expected

The Bank of England (BoE) will announce its decision on monetary policy on Thursday after completing the last meeting of...

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FXStreet Forex News

19 Dec 2024 13:19

Fed sparks meltdown: The street screams ‘FIRE in the hole

JJ gave them what they wanted (or did he?) Stocks get WHACKED – S&P loses $1.8 trillion of...

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FXStreet Forex News

19 Dec 2024 13:03

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FXStreet Forex News

19 Dec 2024 13:00

Breaking: BoE leaves interest rate unchanged at 4.75% as expected

The Bank of England (BoE) will announce its decision on monetary policy on Thursday after completing the last meeting of...

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FXStreet Forex News

19 Dec 2024 12:27

USD/JPY outlook: Surges after Fed and BoJ policy decisions

USDJPY spiked to new multi-month high on Thursday, after Bank of Japan kept interest rates unchanged in today’s policy meeting, adding to positive signals for dollar from Fed’s hawkish rate cut on...

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FXStreet Forex News

19 Dec 2024 12:13

Impact of Fed rate cut on the future of spot Gold and Silver prices

Following the Federal Reserve's interest rate decision, a significant profit-taking activity is anticipated within the precious metals market, specifically for Gold and...

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FXStreet Forex News

19 Dec 2024 12:01

Silver Price Forecast: XAG/USD finds cushion near $29, outlook remains uncertain

Silver price (XAG/USD) finds temporary support near $29.25 on Thursday after plunging almost 4% on...

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FXStreet Forex News

19 Dec 2024 11:55

Soybeans Elliott Wave technical analysis [Video]

Soybeans Elliott Wave Analysis After two weeks of little action, Soybean broke downside on 17...

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FXStreet Forex News

19 Dec 2024 11:38

Gold regains half of the ground lost after the Fed’s decision

Gold (XAU/USD) trades higher on Thursday, regaining some of the ground lost on Wednesday after the Federal Reserve’s (Fed) monetary policy...

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FXStreet Forex News

19 Dec 2024 11:28

BoJ with dovish commentary – Bank of England decision in focus

EU mid-market update: Fed's hawkish pivot on next years inflation expectations and US govt funding saga give Wall Street a reality check; Europe caught the sell off bug; BOJ with dovish commentary; Bank of England decision in...

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FXStreet Forex News

19 Dec 2024 11:15

The Bank of Japan holds rates as the Yen weakens further

The Bank of Japan held its key interest rate at 0.25% for the third time, in line with a narrow majority of market...

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FXStreet Forex News

19 Dec 2024 11:06

Dollar Index outlook: Limited correction of post-Fed rally likely to precede fresh push higher

The dollar rose across the board on Thursday, following widely expected Fed’s decision to cut rates by 25 basis points and signal a slower pace of rate cuts in...

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FXStreet Forex News

19 Dec 2024 11:03

Will GBP/USD make a comeback after post-Fed tumble?

GBPUSD is trying to heal its wounds after taking a hit from the Fed’s hawkish rate cut, which squeezed the price to a three-week low of 1.2560 and back below the 20-day simple moving average (SMA) late on...

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FXStreet Forex News

19 Dec 2024 10:51

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FXStreet Forex News

19 Dec 2024 10:49

Fed-ECB: 2025, the great decoupling?

2024 was marked by further progress in disinflation, in both the United States and the Eurozone, sufficient to pave the way for rate...

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