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FXStreet Forex News

NZD/USD Price Forecast: Wobbles around two-year low of 0.5300

The NZD/USD pair moves higher to near 0.5630 in Friday’s North American...

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AUD/USD exhibits indecisiveness around 0.6200 in thin year-end trading

The AUD/USD pair trades in a very tight range near the yearly support of 0.6200 in Friday’s North American...

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Santa packed it up, bell bottoms make a comeback, and bonds play scrooge

Stocks wavered and, in the end, did little. Eco data does not change...

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Crude Oil ticks up ahead of key US inventory data

Crude Oil prices increase on Friday as traders brace for a string of data releases in the US trading session, including stockpile data from the Energy Information Administration (EIA), which was moved due to the Christmas Day holiday on...

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USD/CAD Price Forecast: Trades back and forth around 1.4400

The USD/CAD pair trades in a tight range around 1.4400 in Friday’s European...

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Pound Sterling trades subdued as markets asses more dovish BoE policy outlook

The Pound Sterling (GBP) registers minor losses against its major peers on Friday, with investors looking for fresh cues about how the Bank of England (BoE) will follow the interest rate cut path in...

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Barclays and NatWest set the pace for UK banks in 2024

In 2023 European banks managed to outperform their US and UK peers by quite some distance while US and UK banks underperformed, although the rebound seen in the European banking sector in 2023 needs to be set in the context of years of underperformance by banks across Europe as a result of the turmoil of the sovereign debt crisis at the beginning of the last...

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Winners and losers of 2024, as the FTSE100 underperforms again

For the FTSE100 it’s been yet another year of underperformance, barely eking out a gain in 2023, at least this year we’ve seen the UK benchmark index break above the 8,000 level and achieve a new record high in the first half of the...

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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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The idea that the Fed is reluctant to cut rates much further is starting to sink in to a reluctant market

The idea that the Fed is reluctant to cut rates much further is starting to sink in to a reluctant...

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US Dollar trades steadily, ignoring weak industrial data from China and Japan

The US Dollar (USD) is trading within a very tight range on Friday, with the DXY index holding above 108.00, as markets remain cautious and trading desks are short-staffed due to the Christmas...

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Navigating holiday trading and unpredictable trends

USD: Mar '25 is Down at 107.750. Energies: Feb '25 Crude is Up at...

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Week ahead – Dollar set to end 2024 on a high as bulls face few obstacles

Manufacturing PMIs in the spotlight The mid-week market closure in celebration of New Year’s Day across much of the world has left little space for any major data...

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Technical return to trade for European markets but new years holiday approaches fast

EU Mid-Market Update: Technical return to trade for European markets but New Years holiday approaches fast; South Korean acting Pres impeached out of...

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Silver Price Forecast: XAG/USD slumps to near $29.60 despite geopolitical tensions

Silver price (XAG/USD) falls to near $29.60 in a thin trading volume session following holidays on Christmas and Boxing Day on...

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Sterling outperforms in 2024, however, downside is a risk for 2025

While 2023 was a year for raising rates, the main theme that markets were focussed on in 2024, was when rate cuts would begin, with some suggesting that the Fed could start reversing course in March of this year, with the Bank of England following soon...

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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Friday, according to FXStreet...

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Technical analysis – USD/JPY tests 158.00 level for first time in five months

USDJPY crossed above the 158.00 mark on Thursday for the first time since July, but the price is trading slightly below that significant level 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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FXStreet Forex News

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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