FXStreet Forex News

20 Dec 2024 10:30

Oil: WTI settles below $70/bbl – ING

Crude oil prices edged lower with NYMEX WTI closing below $70/bbl while ICE Brent settled below $73/bbl yesterday. The oil market witnessed a second straight session of decline as the strengthening dollar weighs on the complex, ING’s commodity analysts Ewa Manthey and Warren Patterson...

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FXStreet Forex News

20 Dec 2024 10:07

EUR/USD: Euro on reaction mode below 1.0400 level but the climate still favors the Dollar

The single European currency is trying to approach 1,04 level again in the early hours of Friday as the dust from the recent Fed meeting has not yet settled, keeping the American currency in the...

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FXStreet Forex News

20 Dec 2024 09:46

Gold consolidates ahead of the release of US PCE data

Gold prices managed to recover some of Wednesday’s losses on...

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FXStreet Forex News

20 Dec 2024 09:43

EUR/USD Forecast: Euro remains bearish despite recent recovery

EUR/USD found support following Wednesday's sharp decline and closed marginally higher on...

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FXStreet Forex News

20 Dec 2024 09:22

USD/JPY Price Forecast: Bulls pause for breather ahead of US PCE Price Index

The USD/JPY pair retreats following an intraday uptick to the 158.00 neighborhood, or a five-month peak and continues losing ground through the early European session on...

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FXStreet Forex News

20 Dec 2024 08:44

AUD/JPY falls below 98.00 following stronger inflation from Japan

AUD/JPY retraces its recent gains, trading around 97.90 during the European session on...

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FXStreet Forex News

20 Dec 2024 08:42

Where will the S&P 500 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

20 Dec 2024 08:38

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

The Federal Reserve's hawkish outlook for 2025, with plans for only two small rate cuts, has triggered a significant selloff in the S&P 500, raising concerns about...

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FXStreet Forex News

20 Dec 2024 08:16

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FXStreet Forex News

20 Dec 2024 08:16

EUR/GBP gathers strength to near 0.8300 after UK Retail Sales data

The EUR/GBP cross drifts higher to near 0.8300 during the early European session on...

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FXStreet Forex News

20 Dec 2024 07:51

The Riksbank rounds off the cutting season

In the euro area, we get data on consumer confidence for...

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FXStreet Forex News

20 Dec 2024 07:06

US Dollar Index hovers near fresh 25-month highs, 108.50, PCE Inflation awaited

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major currencies, maintains its position near 108.50, the highest level not seen since November...

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FXStreet Forex News

20 Dec 2024 06:34

USD/CHF gains ground above 0.8950 as traders brace for US PCE data

The USD/CHF pair holds positive ground around 0.8980 during the early European session on...

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FXStreet Forex News

20 Dec 2024 06:18

EUR/USD struggles near 1.3060 area, just above two-year low ahead of US PCE data

The EUR/USD pair continues with its struggle to attract any meaningful buyers and oscillates in a range around the 1.0360 area during the Asian session on...

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FXStreet Forex News

20 Dec 2024 05:59

GBP/USD Price Forecast: Tests seven-month lows below 1.2500

GBP/USD continues to lose ground for the third consecutive day, trading around 1.2490 during the Asian hours on...

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FXStreet Forex News

20 Dec 2024 10:19

Brent Oil under pressure again: USD and China in focus

Brent crude oil prices fell below 73 USD per barrel on Friday, reflecting ongoing downward...

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FXStreet Forex News

20 Dec 2024 10:03

AUD/USD remains close to multi-year low, holds above 0.6200 ahead of US PCE data

The AUD/USD pair attracts some dip-buyers near the 0.6215 area on Friday and turns positive for the second successive day on Friday, though it lacks bullish...

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FXStreet Forex News

20 Dec 2024 09:43

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FXStreet Forex News

20 Dec 2024 09:42

Have you already done Christmas shopping?

This is the last CEE Daily this year. Next will be released on January 7,...

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FXStreet Forex News

20 Dec 2024 09:14

Pound Sterling attempts to gain ground after UK Retail Sales data

The Pound Sterling (GBP) attempts to recover against its major peers on Friday after the release of the United Kingdom (UK) Retail Sales data for November, which rose less than...

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FXStreet Forex News

20 Dec 2024 08:43

BoE’s 6-3 vote for a hold yesterday was a tighter call than it appeared

Front end US yields returned a few bps of the sharp Fed-induced gains yesterday but the long end extended its march...

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FXStreet Forex News

20 Dec 2024 08:39

Forex Today: Fed-inspired USD rally pauses, eyes on PCE inflation data

Here is what you need to know on Friday, December 20: After rising sharply on Wednesday, the US Dollar (USD) Index preserved its bullish momentum on Thursday and touched its highest level in over two years early Friday before entering a consolidation...

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FXStreet Forex News

20 Dec 2024 08:23

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

S&P 500 poised to outperform in the year ahead. Accommodative policies and AI optimism could outweigh valuation...

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FXStreet Forex News

20 Dec 2024 08:16

NZD/USD remains below 0.5650 after paring losses, US PCE eyed

NZD/USD recovers daily losses to halt its losing streak, trading around 0.5640 during the early European hours on...

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FXStreet Forex News

20 Dec 2024 07:57

The USD advances toward the strongest levels in more than 2 years

A week packed with central bank decisions is coming to an end with a sour taste in everybody’s...

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FXStreet Forex News

20 Dec 2024 07:39

USD/CAD moves toward multi-year highs above 1.4400 due to risk aversion, lower Oil prices

USD/CAD retraces its recent losses and edges higher toward 1.4467, the highest level not seen since March 2020, which was recorded in the previous...

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FXStreet Forex News

20 Dec 2024 06:45

US earnings and political issues also in focus

Asia market update: Japan officials move markets; US earnings and political issues also in...

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FXStreet Forex News

20 Dec 2024 06:32

The top five midcap stocks of 2024

Midcap stocks are up about 12% YTD in 2024. The top mid cap stock of 2024, GeneDx, has returned more than...

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FXStreet Forex News

20 Dec 2024 05:59

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FXStreet Forex News

20 Dec 2024 05:45

Morning briefing: The outlook on most currencies looks uncertain

Good Morning! The outlook on most currencies looks uncertain as there is no directional clarity for the medium...

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