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FXStreet Forex News

EUR/USD Forecast: Euro unlikely to break out of range

EUR/USD registered marginal gains after returning from the Christmas break on Thursday but failed to gather bullish...

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USD/CHF advances to near 0.9000, receives support from rising odds of fewer Fed rate cuts

USD/CHF recovers its recent losses from the last two sessions amid thin trading activity following the Christmas holiday, trading around 0.9000 during the European hours on...

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Forex Today: Choppy action continues as markets remain in holiday mood

Here is what you need to know on Friday, December 27: Trading action in financial markets remain choppy on Friday as trading conditions stay thin following the Christmas...

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AUD/USD falls to near 0.6200 due to increased likelihood of RBA rate cuts in 2025

AUD/USD continues to lose ground for the fifth successive day, trading around 0.6220 during the Asian session on...

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USD/CAD depreciates to near 1.4400 as improved Oil prices support the Canadian Dollar

USD/CAD remains tepid following two days of gains, trading around 1.4410 during the Asian hours on...

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WTI advances to near $69.50 as European energy firms focus on Oil rather than renewables

West Texas Intermediate (WTI) Oil price edges higher after registering losses in the previous session, trading around $69.50 per barrel during the Asian hours on...

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Morning briefing

Good Morning! The Major currencies remained stable due to the thinner...

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USD/INR gathers strength, supported by month-end, year-end US Dollar demand

The Indian Rupee (INR) extends the decline to near an all-time low on...

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Japan's Kato: Will take suitable measures against excessive foreign exchange movements

Japan's Finance Minister Katsunobu Kato said on Friday that he recently saw one-sided and sharp foreign exchange (FX)...

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EUR/USD trades with mild losses near 1.0400 amid holiday quiet session

The EUR/USD pair drifts lower to around 1.0415 during the Asian trading on...

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BoJ Summary of Opinions: Member suggests scrutinizing data before adjusting monetary support

The Bank of Japan (BoJ) published the Summary of Opinions from its December monetary policy meeting, with the key findings noted...

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Breaking: Japan's Tokyo CPI inflation rises to 3.0% YoY in December vs. 2.6% prior

The headline Tokyo Consumer Price Index (CPI) for December rose 3.0% YoY as compared to 2.6% in the previous month, the Statistics Bureau of Japan showed on...

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AUD/USD weakens to near 0.6200 amid thin trading

The AUD/USD pair remains on the defensive around 0.6215 during the early Asian session on...

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EUR/USD stays in tight range amid thin trading volume in holiday-shortened week

EUR/USD trades in a narrow range around 1.0400 in Friday’s European session amid thin trading as market participants stay on the sidelines due to the Christmas...

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Santa in Japan

Those glued to their screens, hoping for Santa’s arrival, were left...

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GBP/USD Price Forecast: The bearish outlook remains in place below 1.2550

The GBP/USD pair posts modest gains to near 1.2520 during the early European session on...

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KR and JP on the hunt for herd-like behavior or one-sided moves

Asia Market Update: KR and JP on the hunt for herd-like behavior or one-sided moves as KR political drama deepens and USD/JPY nears 160 again; Nikkei outperforms, back to...

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Silver Price Forecast: XAG/USD rises to near $30.00 due to safe-haven demand

Silver price (XAG/USD) extends its winning streak for the sixth successive day, trading around $29.90 during the Asian hours on...

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EUR/GBP rally expected to fail [Video]

Short Term Elliott Wave view of EURGBP suggests decline from 8.8.2024 high ended as wave (1) at 0.8219 as an...

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Japanese Yen rises following Tokyo CPI inflation

The Japanese Yen (JPY) gains ground against the US Dollar (USD) on...

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GBP/USD remains subdued near 1.2500 due to increased odds of fewer Fed rate cuts

GBP/USD remains subdued for the third successive day, trading around 1.2520 during the Asian hours on...

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Gold price depreciates amid light trading, downside seems limited due to safe-haven demand

Gold price (XAU/USD) edges lower amid thin trading following the Christmas holiday, trading near $2,630 during the Asian session on...

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PBOC sets USD/CNY reference rate at 7.1893 vs. 7.1876 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1893, as compared to the previous day's fix of 7.1876 and 7.2981 Reuters...

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USD/JPY holds below 158.00 after Tokyo CPI inflation data

The USD/JPY pair loses traction to near 157.75 during the early Asian session on...

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Stocks stall in thin post-holiday trade as investors brace for year-end squeeze and repo strain

US equities are stuck in a holding pattern as trading volumes dry up following the holiday break, and Europe is largely absent from the...

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Gold stocks’ remain exceptionally weak even as stocks rise

So far, this week has been calm. However, as you read in my previous analysis, the turning points are near and All three of the assets where we have short positions have paused recently, and since it happened after a sizable move lower, it’s a completely natural...

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