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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

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FXStreet Forex News

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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FXStreet Forex News

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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FXStreet Forex News

Signs of a USD/CAD reversal

The Canadian dollar may be consolidating a corrective pullback from multi-year...

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FXStreet Forex News

Silver price today: Silver falls, according to FXStreet data

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

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FXStreet Forex News

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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FXStreet Forex News

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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