France Consumer Spending (MoM) below forecasts (0.2%) in November: Actual (-0.3%)
France Consumer Spending (MoM) below forecasts (0.2%) in November: Actual (-0.3%)
EUR/CAD Price Forecast: Consolidates around mid-1.6100s; Canadian jobs data awaited
The EUR/CAD pair oscillates in a range around mid-1.6100s through the early European session on Friday, though it seems to have stalled the previous day’s modest pullback from over a three-week high.
Silver Price Forecast: XAG/USD trades above $77.00 after bouncing off nine-day EMA
Silver price (XAG/USD) gains ground after two days of losses, trading around $77.20 per troy ounce during the Asian hours on Friday.
German Industrial Production rises 0.8% MoM in November vs. -0.4% expected
Germany’s industrial sector activity unexpectedly increased in November, the latest data published by Destatis showed on Friday.
AUD/USD flubs key technical level as holiday season drains market volume
AUD/USD strung itself along the 0.6700 handle for the second day in a row as the Aussie-Dollar pairing grapples with end-of-year market volumes restraining overall momentum.
EUR/USD softens below 1.1750 after Fed Minutes
The EUR/USD pair attracts some sellers near 1.1745 during the early Asian session on Wednesday. The US Dollar (USD) edges higher against the Euro (EUR) after the release of minutes from the Federal Reserve’s (Fed) December meeting.
South Korea Consumer Price Index Growth (MoM) came in at 0.3%, above expectations (0.2%) in December
South Korea Consumer Price Index Growth (MoM) came in at 0.3%, above expectations (0.2%) in December
South Korea Consumer Price Index Growth (YoY) meets forecasts (2.3%) in December
South Korea Consumer Price Index Growth (YoY) meets forecasts (2.3%) in December
EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD remains flat after two days of small losses, trading around 1.1740 during the Asian hours on Thursday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA
The AUD/JPY cross declines to around 102.70 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid firming expectations for an imminent rate hike by the Bank of Japan (BoJ) this week.
EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook.
US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to build on the previous day’s modest recovery gains and oscillates in a narrow band during the Asian session on Thursday.
US President Trump: Next Fed chair will believe in lower interest rates ‘by a lot’
Speaking in a national address early Thursday, US President Donald Trump said the next chairman of the Federal Reserve (Fed) will be someone who believes in lower interest rates “by a lot.”
WTI tumbles to near $56 amid Ukraine peace talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.00 during the Asian trading hours on Thursday. The WTI price edges lower amid optimism over a peace agreement between Russia and Ukraine.
USD/CAD holds near 1.3800 amid market caution ahead of US CPI data
USD/CAD holds position after registering modest gains in the previous session, trading around 1.3790 during the Asian hours on Thursday.
Silver Price Forecast: XAG/USD moves away from all-time peak, slides below $66.00 mark
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and currently trades around the $65.75-$65.70 region, down over 1% for the day.
Australian Dollar dips as US Dollar strengthens on rate outlook
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day.
PBOC sets USD/CNY reference rate at 7.0583 vs. 7.0573 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0583 compared to the previous day’s fix of 7.0573.
GBP/USD consolidates above mid-1.3300s as traders await BoE and US CPI report
The GBP/USD pair struggles to capitalize on the overnight bounce from the 1.3310 area, or a one-week low, and oscillates in a narrow band during the Asian session on Thursday.