Forex Today: US Dollar holds near multi-year highs to begin 2025
Here is what you need to know on Thursday, January 2: The US Dollar (USD) Index gained more than 2.5% in December and closed the third consecutive month in positive...
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HK/CN equities lead falls amid further poor China data
Asia market update: HK/CN equities lead falls amid further poor China data; Currency volatility - No specific drivers seen, potentially New year/New quarter / New month...
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USD/CAD inches lower to near 1.4350 as Oil prices continue to rise
USD/CAD halts its two days of gains, trading around 1.4370 during the Asian hours on...
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Morning briefing: Euro expected to trade sideways in the near term
Good Morning! The Dollar Index above 108-107.50, can rise towards 109.0-109.5 in the near term while Euro, EURINR, USDJPY and GBPUSD can trade sideways between 1.0450-1.0350/1.03, 89.5-88.5/88, 156-158 and 1.2600/1.2650-1.2500 respectively for the near...
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Gold prices appreciate as US Dollar retreats from multi-year highs
Gold price (XAU/USD) rises for the third consecutive session on Thursday, following a more than 27% increase in 2024, marking its best performance since...
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USD/INR strengthens ahead of India’s Manufacturing PMI data
The Indian Rupee (INR) remains weak on Thursday. The reasons attributed to the weakening in the local currency are an increase in demand for US Dollar (USD) from importers, a higher 10-year US Treasury yield and concerns about India's slowing economic...
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EUR/USD remains subdued around 1.0350 as ECB maintains a dovish outlook for this year
EUR/USD continues to lose ground for the fourth successive day, trading around 1.0350 during the Asian hours on...
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Anxiety over what Trump may brings will outweigh everything
The euro put in an engulfing bear candlestick yesterday, suggesting a retreat today, but so far all we have is an itsy-bitsy inside...
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2024 bows out: Santa rally ghosts Wall Street, Algos run the show, and investors brace for 2025 surprises!
Things you need to know. - Santa appears to be ‘asleep at the wheel’ – Stocks continue to...
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Commodities: Year-end key chart review
Yesterday’s Gold Trading Alerts were very short-term oriented, so – while I provide a quick update as well – today, I’d like to show you several charts that will help you see what’s really going on with the major...
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WTI Oil futures hope for a positive start to 2025
WTI oil futures are poised for a bullish start to the new year, having cemented the base around the $66.70 level, which successfully halted selling pressure for the fourth time in...
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Gold price outlook: Key levels to watch for potential upside
Gold had a strong performance in 2024, steadily reaching new record...
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PMIs and Riksbank minutes in focus on the first trading day of 2025
Happy New Year, everyone, and welcome back to work here in 2025! We are ready with the first Danske Morning Mail of the new...
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USD/CNH Price Forecast: The bullish tone remains in play above 7.3150
The USD/CNH pair attracts some sellers to near 7.3170 during the early European trading hours on...
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FX option expiries for Jan 2 NY cut
FX option expiries for Jan 2 NY cut at 10:00 Eastern Time via DTCC can be found...
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India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by...
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USD/JPY edges higher above 157.00 amid holiday in Japan
The USD/JPY pair gains ground to around 157.30 during the early Asian trading hours on...
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Australian Dollar advances as China’s Manufacturing PMI remains in expansion territory
The Australian Dollar (AUD) gains ground against the US Dollar (USD) after the Caixin Manufacturing Purchasing Managers’ Index (PMI) from China was released on...
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China's Caixin Manufacturing PMI unexpectedly drops to 50.5 in December vs. 51.7 expected
China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly fell to 50.5 in December after recording 51.5 in November, the latest data showed on...
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GBP/USD weakens to near 1.2500 on BoE dovish bets for 2025
The GBP/USD pair remains on the defensive around 1.2510 on Thursday during the Asian session, pressured by the stronger US Dollar (USD)...
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Markets wrap up 2024 with a downside bias
Good Morning Traders, As of this writing 6:40 AM EST, here's what we see: USD: Mar '25 is Down at...
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EUR/USD Price Forecast: US Dollar buyers stand victorious at end of 2024
The EUR/USD pair is poised to close 2024 at around 1.0400, trading within a quite limited range on the final day of the...
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Signs of a USD/CAD reversal
The Canadian dollar may be consolidating a corrective pullback from multi-year...
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Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet...
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EUR/USD Price Analysis: Immediate resistance appears at nine-day EMA above 1.0400
EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on...
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GBP/USD Price Forecast: Tests nine-day EMA above descending channel near 1.2550
GBP/USD retraces its recent losses, trading around 1.2550 during the European hours on...
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