FXStreet Forex News

19 Dec 2024 14:44

US Gross Domestic Product grows by 3.1% in Q3 vs. 2.8% expected

The United States' Gross Domestic Product (GDP) expanded at an annual rate of 3.1% in the third quarter, the US Bureau of Economic Analysis (BEA) reported in its final estimate on...

Read More👈

FXStreet Forex News

19 Dec 2024 14:30

US Dollar Price Annual Forecast: King for longer?

The greenback—tracked by the US Dollar Index (DXY)—started the new year with a gradual yet choppy ascent, encountering temporary resistance around the 106.50 region in...

Read More👈

FXStreet Forex News

19 Dec 2024 14:28

USD/JPY tests one-month highs above 157.00 after a dovish BoJ

The Yen is dropping across the board on Thursday, weighed by a dovish BoJ monetary policy...

Read More👈

FXStreet Forex News

19 Dec 2024 14:17

EUR/GBP rises sharply to near 0.8250 after BoE holds rates steady at 4.75%

The EUR/GBP pair climbs to near 0.8260 in Thursday’s North American...

Read More👈

FXStreet Forex News

19 Dec 2024 14:08

The day after – Federal Reserve decided to reduce interest rates

USD: Dec '24 is Down at 107.730. Energies: Jan '25 Crude is Down at...

Read More👈

FXStreet Forex News

19 Dec 2024 13:52

GBP/USD: BoE leaves policy on hold – Scotiabank

The BoE left its policy rate unchanged at 4.75%, as expected. The Pound Sterling (GBP) has traded well off the earlier session highs to edge back under 1.26 in early trade here, Scotiabank’s Chief FX Strategist Shaun Osborne...

Read More👈

FXStreet Forex News

19 Dec 2024 13:41

CAD: Limited potential to recover – Scotiabank

The CAD has recovered about half of the post-FOMC drop seen yesterday...

Read More👈

FXStreet Forex News

19 Dec 2024 13:37

Riksbank – December 2024: 25bp cut but a hawkish signal

As expected, The Riksbank cut the policy rate by 25bp to 2.50%, but in terms of the outlook the message was hawkish in relation to our expectations and compared to market...

Read More👈

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...

Read More👈

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...

Read More👈

FXStreet Forex News

19 Dec 2024 13:03

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

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...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈

FXStreet Forex News

19 Dec 2024 14:35

US weekly Initial Jobless Claims decline to 220K vs. 230K expected

There were 220,000 initial jobless claims in the week ending December 14, the weekly data published by the US Department of Labor (DOL) showed on...

Read More👈

FXStreet Forex News

19 Dec 2024 14:30

Bank of England stays on hold, but a dovish front is building

Bank of England rates were maintained at 4.75% today, in line with...

Read More👈

FXStreet Forex News

19 Dec 2024 14:27

Oil outlook: As the year nears its end Oil remains steady

Oil prices appear to have remained relatively unchanged compared to last...

Read More👈

FXStreet Forex News

19 Dec 2024 14:14

EUR: Post-Fed drop holds near November low – Scotiabank

The Euro (EUR) has has recovered on Thursday about half of the sell-off against the US Dollar (USD) seen after the Federal Reserve’s (Fed) policy decision, Scotiabank’s Chief FX Strategist Shaun Osborne...

Read More👈

FXStreet Forex News

19 Dec 2024 13:52

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

19 Dec 2024 13:50

US Dollar retreats after touching two-year high on hawkish Fed

The US Dollar (USD) is facing some quick profit-taking on Thursday, with the DXY Index hovering at around 108.00, after its sizable upward move on Wednesday on the back of the Federal Reserve (Fed) interest-rate...

Read More👈

FXStreet Forex News

19 Dec 2024 13:37

USD drops back after Fed-driven surge – Scotiabank

The Fed delivered a ‘hawkish’ cut yesterday that was a tad more hawkish than the markets were prepared...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈

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...

Read More👈