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FXStreet Forex News

GBP/USD Price Forecast: Consolidates below mid-1.2500s, not out of the woods yet

The GBP/USD pair consolidates in a range below mid-1.2500s during the Asian session on Tuesday and remains within striking distance of its lowest level since May touched last...

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NZD/USD softens below 0.5650 despite China’s fiscal support measures

The NZD/USD pair remains on the defensive around 0.5645 during the Asian trading hours on...

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Gold price holds steady above $2,600 mark, upside potential seems limited

Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Tuesday and stalls the overnight modest pullback from a three-day top, though any meaningful appreciating move seems...

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USD/CAD edges higher to near 1.4400 as Fed policymakers signal fewer rate cuts next year

USD/CAD holds thin gains after three days of losses, trading around 1.4380 during the Asian hours on...

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Japanese Yen remains vulnerable amid doubts over BoJ’s rate-hike plans

The Japanese Yen (JPY) continues with its relative underperformance against its American counterpart for the second straight day on Tuesday and remains close to the multi-month low touched last...

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Gold Price Forecast: XAU/USD remains stuck between two key barriers amid thin trading

Gold price is attempting another run higher while defending the $2,600 threshold early...

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PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1870 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1876, as compared to the previous day's fix of 7.1870 and 7.3031 Reuters...

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RBA Minutes: Upside inflation risks have diminished

The Reserve Bank of Australia (RBA) published the Minutes of its December monetary policy meeting on Tuesday, highlighting that the board had gained confidence in inflation since the prior meeting, but risks...

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GBP/USD set to swoon on holiday-shortened week

GBP/USD waffled near the 1.2550 level on Monday, kicking off the holiday trading week with a third of a percent decline as market sentiment...

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Australian Dollar trades lower as RBA minutes draw attention

The Australian Dollar trades in a tight range around 0.6250 as investors look ahead to Tuesday’s Reserve Bank of Australia (RBA)...

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EUR/USD Price Forecast: Consolidative phase around 1.0400

The EUR/USD pair finishes the American session as it started it, trading around the 1.0400...

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AUD/USD mildly declines as RBA minutes take center stage

The AUD/USD trades in a tight range around 0.6250 on Monday, with the focus shifting to the Reserve Bank of Australia (RBA) minutes set to be released on...

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US Dollar edges higher as data revisions boost sentiment

The US Dollar Index, which measures the value of the USD against a basket of currencies, is off to a positive start on Monday after a sluggish morning...

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Is extending loan maturities an effective way to improve access to home ownership?

The British example tends to suggest otherwise. Its impact on monthly payments remains modest compared to that of interest rates and rising property prices, and is offset by the higher total cost of the...

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WTI steadies around $69.50 amid thin pre-holiday trading,

West Texas Intermediate (WTI) Oil price continues to remain tepid for the second successive session, trading around $69.30 per barrel during the Asian hours on...

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

Gold prices rose in India on Tuesday, according to data compiled by...

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Silver Price Forecast: XAG/USD rises above $29.50 amid thin trading activity

Silver price (XAG/USD) extends its winning streak for the third consecutive session, trading around $29.70 during the Asian hours on...

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USD/INR gathers strength ahead of holiday-shortened trading week

The Indian Rupee (INR) extends its downside on Tuesday after reaching an all-time low in the previous...

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Australian Dollar remains under pressure following the release of the RBA Meeting Minutes

The Australian Dollar (AUD) loses ground for the second successive day against the US Dollar (USD) on Tuesday following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes for its December monetary...

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EUR/USD weakens to near 1.0400 amid quiet session

The EUR/USD pair trades with mild losses around 1.0400 during the early Asian session on...

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BoJ Minutes: If inflation trends align with expectations, gradual rate hikes possible

The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of the October...

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BoC Meeting minutes: Decision to cut rates by 50 bps was a close call

According to the Bank of Canada's (BoC) minutes from the December 2024 meeting that was released Tuesday, the decision to cut rates by 50 basis points (bps) on December 11 was a close call, with some members of the governing council suggesting a smaller...

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Gold Price Forecast: XAU/USD flat lines above $2,600 ahead of holiday trading week

Gold price (XAU/USD) trades flat around $2,610 during the early Asian session on...

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Forex Today: Market volumes contract amid holiday schedule

Markets traded cautiously overall on the outset of the Christmas holiday week, with a slight step back in investor risk...

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Dow Jones Industrial Average battles low side after Durable Goods miss

The Dow Jones Industrial Average (DJIA) weakened to kick off the Christmas trading week, falling a little over 500 points at its lowest before staging a meager recovery to -100 points on...

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GBP/USD Price Forecast: Pound pressured, 1.2500 in sight

The British Pound resumed its slide against its American rival in the American session on Monday, as the US Dollar (USD) found near-term demand in a risk-averse...

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US indices: Has the bullish trend broken?

Formally, inflation figures and lower-than-forecast expectations helped the market to find ground for a...

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