FX

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet
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The US Dollar steadies after a step back earlier as the Euro’s recovery weighs on the Greenback.  Surprisingly upbeat PMI data from France, Germany and the Eurozone trigger substantial strength in the Euro. The US Dollar Index eases and snaps below 106.00.  The US Dollar (USD)  is a touch softer on  Tuesday ahead of US
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Gold price drops as investors see no immediate escalation in Israel-Iran tensions. Fizzling Fed rate cut prospects combined with easing geopolitical fears weigh on Gold. Fed’s Goolsbee said progress in taming inflation has stalled. Gold price (XAU/USD) dips vertically after failing to recapture the crucial resistance of $2,400 in Monday’s early American session, driven by less
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Gold price trades on a softer note near $2,385 on Monday.  The hawkish shift in market sentiment could dampen demand for yellow metal.  The rising conflict between Israel and Iran might lift the gold price.  Gold Price (XAU/USD) attracts some sellers around $2,385 on Monday during the early Asian trading hours. The hawkish comments by Federal
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The daily RSI for the NZD/USD reveals growing selling pressure, nearing oversold conditions. The hourly indicators also remain weak. The pair will close a 0.80% losing week. The NZD/USD pair saw a 0.25% loss on Friday’s sessing and continues exhibiting a significant bearish tendency. Both short-term and long-term outlooks suggest the prevalence of sellers, which
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DXY Index demonstrates slight losses yet sustains near early November highs. The downward movements may be seen as buyers running out of momentum. Hawkish bets on the Fed and a sour market mood may limit the losses. The US Dollar Index (DXY) is currently trading at 106.09, a mild loss from its recent peak of
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AUD/USD falls following hawkish signals from Fed officials, emphasizing no immediate rate cuts. US economic indicators strengthen, with the Philadelphia Fed Manufacturing Index hitting a new high since April 2022. Australian employment data disappoints, with job losses and a slight increase in the unemployment rate casting shadows over RBA forecasts. The Aussie Dollar is on
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The Mexican Peso consolidates after strengthening temporarily on Banxico Heath’s comments.  USD/MXN forms a bullish Pennant price pattern on the 4-hour chart.  The economic growth outlook for Mexico gets downgraded.  The Mexican Peso (MXN) traces a flat line on most charts on Thursday, as traders digest the previous day’s gains prompted by comments from Banxico
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EUR/USD recovers after the release of HICP inflation data for the Eurozone.  Speeches by several key ECB governing council members could also impact EUR/USD.  EUR/USD enters oversold levels on the daily chart, indicating risk of a pullback.  EUR/USD rebounds by about two-tenths of a percentage point into the mid 1.0600s on Wednesday after the release of the
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National Security Advisor Jake Sullivan said in a statement late Tuesday that new sanctions targeting Iran and sanctions against entities supporting the Islamic Revolutionary Guard Corps and Iran’s Defense Ministry will be imposed in the coming days. It is expected that US allies and partners will soon follow with their sanctions, according to the statement. Sullivan further
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Gold prices surged over 1% as US Retail Sales data indicates sustained economic robustness. Escalating geopolitical tensions between Iran and Israel heighten demand for safe-haven assets, boosting Gold. Strong US economic figures aside, Gold gains from physical demand and its safe-haven appeal amid geopolitical uncertainty. Gold price climbed more than 1% in the mid-North American
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NZD/USD consolidates amid heightened geopolitical tensions after Iranian attack on Israel. Technical analysis suggests a confirmation of a tepid momentum for the pair. The level of 0.5950 appears as the immediate barrier followed by the 23.6% Fibo level of 0.5996 and the psychological level of 0.6000. NZD/USD moves back and forth amid heightened geopolitical tensions
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