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FXStreet Forex News

Let’s focus on the good for a few more days

Last week was chaotic. The Federal Reserve’s (Fed) hawkish 25bp cut, the hint from the dot plot that there would be only two rate cuts next year instead of four – because the US economy is too strong to continue the cuts as previously predicted - and the US debt limit shenanigans even before Trump took office gave a negative jolt to the US stock...

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EUR/JPY edges lower to near 163.00 following ECB Lagarde interview

EUR/JPY extends its losses following an interview of European Central Bank (ECB) President Christine Lagarde published by the Financial Times on...

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NZD/USD Price Forecast: Remains subdued near 0.5650, descending channel’s lower boundary

The NZD/USD pair edges lower to near 0.5650 during the European hours on...

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FXStreet Forex News

Gold technical outlook amid Fed policy and geopolitical uncertainty

Gold prices remain range-bound between $2500 and $2700 zones in...

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Forex Today: Mood remains upbeat to start holiday-shortened week

Here is what you need to know on Monday, December 23: Improving risk mood caused the US Dollar (USD) to lose interest heading into the...

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FXStreet Forex News

S&P 500: 2024 stars, flops, and what's hot for 2025

As 2024 ends, US equities have had a stellar year, with the S&P 500 delivering a 24% return in USD...

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FXStreet Forex News

Pre-holiday mode – BoJ and RBA minutes due on Tues

- Honda and Nissan M&A talks remain in focus, additional details have been released in the...

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Gold price holds comfortably above $2,600 mark; lacks bullish conviction

Gold price (XAU/USD) struggles to capitalize on last week's modest recovery from a one-month trough and oscillates in a range around the $2,625 region during the Asian session on...

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FXStreet Forex News

Morning briefing: The Dollar Index has immediate support around 107.00

Good Morning! The Dollar Index has immediate support around 107, above which it can bounce back again towards...

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WTI trades with mild positive bias around $69.70-$69.75 area, lacks bullish conviction

West Texas Intermediate (WTI) US Crude Oil prices edge higher for the second straight day on Monday and move away from over a one-week low, around the $68.40-$68.35 region touched on...

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Japanese Yen bulls remain on the sidelines; seems vulnerable against USD

The Japanese Yen (JPY) kicks off the new week on a softer note and remains within striking distance of a five-month low touched against its American counterpart on...

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USD/INR drifts higher amid bullish US Dollar demand

The Indian Rupee (INR) remains weak on Monday after reaching an all-time low in the previous...

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GBP/USD Annual Price Forecast: Policy and protectionism to pound Pound Sterling in 2025?

Unlike several unknowns looming at the onset of 2024, the Pound Sterling (GBP) gears up for the global implications of US President-elect Donald Trump’s protectionist policies and the path of monetary policies adopted on both sides of the Atlantic as 2025...

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AUD/USD Price Forecast: Seems vulnerable amid the formation of a bearish flag pattern

The AUD/USD pair struggles to capitalize on modest gains registered over the past two days and oscillates in a narrow range through the early European session on...

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FXStreet Forex News

Gold returns above uptrend line

Gold moved higher after triggering some buy orders near the 2,580 zone on...

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FXStreet Forex News

EUR/USD Forecast: Euro struggles to gather recovery momentum

Following the sharp decline seen after the Federal Reserve's policy announcements midweek, EUR/USD staged a rebound and closed in positive territory on...

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FXStreet Forex News

EUR/USD consolidates ahead of holiday-shortened week as Fed supports shallow rate-cut cycle

EUR/USD trades quietly at the start of the week around 1.0440 in Monday’s European...

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EUR/GBP holds above 0.8300 on BoE dovish bets

The EUR/GBP cross extends the rally to around 0.8305 during the early European session on...

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FXStreet Forex News

AUD/JPY hovers around 98.00 as traders await Meeting Minutes from both central banks

AUD/JPY retraces its recent losses from the previous session, trading around 98.00 during the early European hours on...

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FXStreet Forex News

Week´s top three trades: Natural Gas

Natural Gas (NG) surged 3% plus Friday to complete a week of massive gains (on the January...

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USD/CHF holds positive ground above 0.8900 on Fed's hawkish approach

The USD/CHF pair gains traction to around 0.8935, snapping the two-day losing streak during the early European session on...

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FXStreet Forex News

EUR/USD Price Analysis: Tests nine-day EMA near 1.0450, improved RSI supports upside

EUR/USD extends its gains for the third consecutive day, trading around 1.0440 during the Asian hours on...

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FXStreet Forex News

Silver Price Forecast: XAG/USD retains negative bias below $30.00

The Silver price (XAG/USD) extends the recovery to near $29.60 during the early Asian session on Monday, bolstered by the softer-than-expected US November Personal Consumption Expenditures (PCE) Price Index inflation...

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USD/CAD extends losing streak to near 1.4350 due to improved Oil prices

USD/CAD continues to lose ground for the third successive session, trading around 1.4360 during the Asian hours on...

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NZD/USD moves above 0.5650 due to rising odds of Fed keeping rates unchanged in January

NZD/USD extends its gains for the second consecutive day, trading around 0.5660 during the Asian session on...

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FXStreet Forex News

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FXStreet Forex News

Australian Dollar appreciates as US Dollar remains subdued after a softer inflation report

The Australian Dollar (AUD) steadies following two days of gains on Monday as the US Dollar (USD) remains subdued following the Personal Consumption Expenditures Price Index (PCE) data from the United States (US) released on...

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