FXStreet Forex News

20 Dec 2024 05:38

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

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

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FXStreet Forex News

20 Dec 2024 05:21

Gold price holds steady around $2,600; upside potential seems limited

Gold price (XAU/USD) attracts some dip-buyers following the previous day's good two-way price moves and climbs back to the $2,600 mark during the Asian session on...

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FXStreet Forex News

20 Dec 2024 04:02

WTI moves below 69.00, further downside seems possible due to stronger US Dollar

West Texas Intermediate (WTI) Oil price extends its losing streak for the fifth successive session, trading around $68.90 per barrel during the Asian hours on...

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FXStreet Forex News

20 Dec 2024 03:14

Japanese Yen bulls remain on the sidelines despite strong Japan’s National CPI print

The Japanese Yen (JPY) prolongs a two-week-old downtrend and hits a five-month low against its American counterpart during the Asian session on...

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FXStreet Forex News

20 Dec 2024 02:36

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FXStreet Forex News

20 Dec 2024 02:23

PBOC sets USD/CNY reference rate at 7.1901 vs. 7.1911 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at , as compared to the previous day's fix of 7.1901 and 7.3086 Reuters...

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FXStreet Forex News

20 Dec 2024 02:07

PBOC leaves Loan Prime Rates unchanged in December

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on...

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FXStreet Forex News

20 Dec 2024 00:35

Japan’s National CPI climbs 2.9% YoY in November, Core CPI rises more than expected

Japan’s National Consumer Price Index (CPI) climbed 2.9% YoY in November, compared to the previous reading of 2.3%, according to the latest data released by the Japan Statistics Bureau on Friday, Further details unveil that the National CPI ex Fresh food arrived at 2.7% YoY in November versus 2.3%...

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FXStreet Forex News

19 Dec 2024 22:37

NZD/USD Price Analysis: Drops to 0.5630, extending its bearish streak

The NZD/USD pair extended its downtrend on Thursday, slipping by 0.36% to approximately 0.5630, a fresh multi-year...

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FXStreet Forex News

19 Dec 2024 21:37

Forex Today: BoJ and BoE hold rates, US Core PCE up next

What you need to take care of on Friday, December 20: The major economies' central bank bonanza finished with decisions of the Bank of England and the Bank of...

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FXStreet Forex News

19 Dec 2024 21:34

Mexican Peso gains as Banxico cuts rates, following Fed’s lead

The Mexican Peso strengthened against the US Dollar on Thursday after the Banco de Mexico reduced interest rates as expected following the Federal Reserve’s (Fed) Wednesday...

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FXStreet Forex News

19 Dec 2024 20:20

AUD/USD rebounds to 0.6260, recovering from multi-year lows

The AUD/USD pair saw a sharp recovery from its two-year low of 0.6200 early Thursday, climbing 0.65% to settle near...

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FXStreet Forex News

19 Dec 2024 19:18

US Dollar eases after Fed signals fewer cuts, Trump factor surfaces

The US Dollar Index (DXY), which tracks the USD's value against a range of currencies, pulls back from its two-year peak following signals from the Federal Reserve (Fed) about fewer interest rate cuts in the...

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FXStreet Forex News

19 Dec 2024 18:47

Gold price climbs as Fed eyes fewer rate cuts in 2025

On Thursday, the Gold price trimmed some of its losses from Wednesday, posting a timid advance of...

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FXStreet Forex News

19 Dec 2024 18:23

Gold outlook: Post-Fed weakness likely to extend after recovery stall

Gold bounced from new one-month low ($2582), hit on post-Fed 2.3% drop on Wednesday, but gains were so far...

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FXStreet Forex News

20 Dec 2024 05:32

Japan’s Top FX Diplomat Mimura says will take appropriate action against excess FX moves

Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, on Friday, warned against speculative moves on the foreign exchange (FX) market, adding that he will take appropriate action against excessive forex...

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FXStreet Forex News

20 Dec 2024 05:09

Silver Price Forecast: XAG/USD moves below $29.00 near three-month lows

Silver price (XAG/USD) continues its losing streak that began on December 12, trading around $28.90 per troy ounce during the Asian session on...

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FXStreet Forex News

20 Dec 2024 04:02

USD/INR softens ahead of US Core PCE release

The Indian Rupee (INR) recovers on Friday after depreciating to an all-time low of 85.12 in the previous...

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FXStreet Forex News

20 Dec 2024 02:56

Australian Dollar remains tepid following PBoC monetary policy decision

The Australian Dollar (AUD) retraces its recent gains from the previous session against the US Dollar (USD) following the People’s Bank of China’s (PBoC) monetary policy decision on...

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FXStreet Forex News

20 Dec 2024 02:36

NZD/USD drifts lower below 0.5650 as weaker GDP fuels RBNZ rate cut bets

The NZD/USD pair remains under selling pressure around 0.5625 during the Asian trading hours on...

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FXStreet Forex News

20 Dec 2024 02:19

Japan’s Kato: Will take appropriate action against excessive moves

Japan's Finance Minister Katsunobu Kato said on Friday that he is concerned about the recent foreign exchange move, including those driven by...

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FXStreet Forex News

20 Dec 2024 01:20

USD/CAD holds positive ground above 1.4400, eyes on Canadian Retail Sales, US Core PCE data

The USD/CAD pair gathers strength to near 1.4405 during the early Asian session on Friday, bolstered by the firmer Greenback...

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FXStreet Forex News

20 Dec 2024 00:12

EUR/USD weakens to near 1.0350 on Fed hawkish cut, stronger US data

The EUR/USD pair trades with a mild negative bias around 1.0360 during the early Asian session on...

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FXStreet Forex News

19 Dec 2024 21:48

Australian Dollar rebounds from two-year lows as US Dollar rally pauses

The Australian Dollar rebounds from two-year lows of around 0.6200, buoyed by a pause in the US Dollar’s hawkish Fed cut-inspired...

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FXStreet Forex News

19 Dec 2024 21:34

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FXStreet Forex News

19 Dec 2024 20:30

Where will the SP500 find a bottom?

Yesterday, the FED’s forecast for only two rate cuts in 2025 catalyzed the markets to usher in the correction we were already anticipating five weeks...

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FXStreet Forex News

19 Dec 2024 19:46

Stagflation fears and soaring us yields: S&P 500's next move

S&P 500 plunges amid Fed's hawkish stance, sparking stagflation fears and market volatility. Is a recovery...

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FXStreet Forex News

19 Dec 2024 19:13

GBP/USD tumbles near 1.2500 breakdown as US data boosts USD

The GBP/USD extended its losses during the North American session, with sellers targeting a break below...

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FXStreet Forex News

19 Dec 2024 18:30

Year ahead – S&P 500: A new bull market in 2025 or a trap?

It's been a stellar year Assuming World War III isn’t in the cards for 2025, it's hard to bet against a bullish Wall Street under a new Trump...

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FXStreet Forex News

19 Dec 2024 18:20

Stock slump deepens across Europe post-FOMC

It has been a tough 24 hours for global markets, as the Fed’s cautious turn prompts a unseasonal rout in stocks, says Chris Beauchamp, Chief Market Analyst at online trading platform...

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