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FXStreet Forex News

US President-elect Trump: Tariffs will pay off our debt and MAKE AMERICA WEALTHY AGAIN

US President-elect Donald Trump took to X (formerly known as Twitter) to note that "the Tariffs, and Tariffs alone, created this vast wealth for our...

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Can value stocks rebound in 2025?

Growth outperformed value by a wide margin in 2024. However, over the past six months, mid cap value stocks have beaten...

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AUD/USD hung out to dry on familiar low end

AUD/USD tried and failed to spark a bull run during the first trading session of 2025, rising on thin volumes before collapsing back into the 0.6200 handle in the later hours of the...

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Canadian Dollar stuck near familiar lows despite PMI beat

The Canadian Dollar (CAD) remained stuck on the low side against the Greenback on Thursday, with Loonie traders kicking off the new year in a tepid...

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Dow Jones Industrial Average churns to kick off new year

The Dow Jones Industrial Average (DJIA) fizzled on Thursday, kicking off the 2025 trading year with a flat performance and churning chart paper near...

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EUR/USD slumps to two-year low as growth concerns weigh

EUR/USD dumped another full percentage point on Thursday, kicking off 2025 with its lowest prices in two...

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Time to buy this tentative bottom?

S&P 500 could have put a local bottom Dec 31, but instead we had to wait for today when we got the clear 5,930 breakdown and intraday reversal that I have talked in relation to market breadth developments in yesterday‘s video (forget not to be sending your chart requests for one of the upcoming...

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The market expects the Fed to be coy about more rate cuts without solid evidence inflation is tamed

The market expects the Fed to be coy about more rate cuts without solid evidence inflation is...

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Czech PMI falls amid stumbling automotive sector

The Czech manufacturing PMI dived deeper into contractionary territory in December, setting a downward trend in the conditions of automotive havoc in...

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US weekly Initial Jobless Claims decline to 211K vs. 222K expected

There were 211,000 initial jobless claims in the week ending December 28, the weekly data published by the US Department of Labor (DOL) showed on...

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Santa was a “No show” – But it was not a bad year, new themes set to play out

It’s a new year….2024 was not a disaster by any measure. Stay focused – the issues have not...

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Korea brief: What you might have missed over the year-end holiday

With ongoing political uncertainty, compounded by a tragic plane crash, South Korea's economic situation is rapidly...

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NZD/USD recovers above 0.5600 as PBOC reportedly signals rate cuts

The NZD/USD pair recovers some lost ground to around 0.5605 during the early European session on...

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WTI rises to near $73.00 due to a potential policy support to revive economic growth

West Texas Intermediate (WTI) Oil price continues its winning streak for the sixth consecutive day, trading around $73.00 per barrel during the Asian session on...

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EUR/USD Price Forecast: Sellers may pause ahead of the weekly close

The EUR/USD pair fell to 1.0223, its lowest since November 2022, finally stabilizing in the 1.0250...

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USD/JPY Forecast: Buyers aim to challenge the December high at 158.07

The USD/JPY pair traded as high as 157.84 on Thursday, holding not far from the December multi-month high of 158.07 by the end of the...

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GBP/USD forecast: 2024 low at siege amid risk aversion

The US Dollar (USD) resumed its advance after the New Year holiday, challenging multi-month highs against European rivals in the American...

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XAU/USD outlook: Gold expected to remain underpinned by political and economic uncertainty

Gold gained nearly 1% in the first trading day in 2025, sending initial positive signal that recovery off $2582 (Dec 18/19 higher base) might be picking...

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Gold Price Forecast: XAU/USD on its way to retest record highs

Spot Gold trades around $2,650 a troy ounce as market players slowly return to their desks in the New Year holiday...

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US Dollar Index outlook: Dollar keeps firm tone at the start of the year

The dollar index kept firm tone and hit new two year high on the first trading day of the new year, as markets started to gain pace after a quiet holiday...

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Gold Price Forecast: XAU/USD jumps to near $2,650 as investors consider Trump’s impact on global economy

Gold price (XAU/USD) extends intraday gains to near $2,650 in the opening North American session on Thursday after the New Year...

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A see saw market

USD: Mar '25 is Up at 108.615. Energies: Feb '25 Crude is Up at...

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USD/JPY bounces back strongly on lower US Jobless Claims

The USD/JPY pair bounces back from the intraday low of 156.43 in the North American session on...

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He's back, and Happy New Year

The Dollar continues to take prisoners. Chuck's different slant on The Fed's rate...

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EUR/USD Price Forecast: Sellers maintain the pressure, aim for sub-1.0300 levels

The EUR/USD pair trades near the 1.0300 level, down to its lowest since November 2022, as the US Dollar (USD) maintains its positive momentum, particularly against high-yielding rivals amid a risk-averse...

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USD/CAD gains above 1.4400 as US Dollar dominates on Fed’s cautious policy outlook

The USD/CAD pair rises to near 1.4420 in Thursday’s European...

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Market waits for clarity on Trump policies – Tesla set to report deliveries

EU mid-market update: Red start to 2025 across Europe; US futures bounce; Market waits for clarity on Trump policies; Tesla set to report...

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