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EUR/USD trades sideways as cooling Eurozone inflation keeps downside bias afloat
EUR/USD consolidates in a tight range around 1.0400 in Tuesday’s European session. Thin trading volume due to holidays in Forex markets on Wednesday and Thursday on account of Christmas Day and Boxing Day, respectively, has kept the pair’s price action muted.
Tue, Dec 24
USD/CAD Price Forecast: Hovers around the ascending channel’s upper boundary at 1.4400
USD/CAD breaks its three-day losing streak, trading around 1.4380 during the European session on Tuesday.
Tue, Dec 24
EUR/JPY remains subdued near 163.00 following BoJ Meeting Minutes
EUR/JPY retraces its recent gains from the previous session, trading around 163.20 during the European hours on Tuesday.
Tue, Dec 24
Silver Price Forecast: XAG/USD rises above $29.50 amid thin trading activity
Silver price (XAG/USD) extends its winning streak for the third consecutive session, trading around $29.70 during the Asian hours on Tuesday.
Tue, Dec 24
Gold price holds steady above $2,600 mark, upside potential seems limited
Gold price edges higher on Tuesday, albeit lacking strong follow-through buying.
Tue, Dec 24
WTI steadies around $69.50 amid thin pre-holiday trading
West Texas Intermediate (WTI) Oil price continues to remain tepid for the second successive session, trading around $69.30 per barrel during the Asian hours on Tuesday.
Tue, Dec 24
AUD/JPY Price Forecast: Attracts some sellers below 98.00 amid intervention fears
The AUD/JPY cross attracts some sellers to near 97.95 during the early European session on Tuesday.
Tue, Dec 24
China’s Finance Ministry: Will step up fiscal spending, accelerate spending in 2025
China’s Finance Ministry said in a statement at the National Fiscal Work Conference on Tuesday that they “will step up fiscal spending, accelerate spending in 2025.
Tue, Dec 24
Japanese Yen remains vulnerable amid doubts over BoJ’s rate-hike plans
The Japanese Yen (JPY) continues with its relative underperformance against its American counterpart for the second straight day on Tuesday and remains close to the multi-month low touched last week.
Tue, Dec 24
Australian Dollar remains under pressure following the release of the RBA Meeting Minutes
The Australian Dollar (AUD) loses ground for the second successive day against the US Dollar (USD) on Tuesday following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes for its December monetary policy.
Tue, Dec 24
GBP/USD set to swoon on holiday-shortened week
GBP/USD waffled near the 1.2550 level on Monday, kicking off the holiday trading week with a third of a percent decline as market sentiment coils.
Tue, Dec 24
Gold Price Forecast: XAU/USD flat lines above $2,600 ahead of holiday trading week
Gold price (XAU/USD) trades flat around $2,610 during the early Asian session on Tuesday.
Tue, Dec 24
US Dollar trades positive at start of holiday-shortened Christmas week
The US Dollar (USD) is off to a positive start on Monday, with the DXY Index hovering above 108.00, on the last normal trading day ahead of Christmas.
Mon, Dec 23
Crude Oil flattens amid rather positive market sentiment ahead of Christmas
Crude Oil prices consolidate on Monday, with WTI hovering above $69, with some room to the upside as market sentiment improves helped by a broad tailwind coming from Asian equities.
Mon, Dec 23
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $29.77 per troy ounce, up 0.78% from the $29.54 it cost on Friday.
Mon, Dec 23
AUD/JPY hovers around 98.00 as traders await Meeting Minutes from both central banks
AUD/JPY retraces its recent losses from the previous session, trading around 98.00 during the early European hours on Monday.
Mon, Dec 23
EUR/GBP holds above 0.8300 on BoE dovish bets
The EUR/GBP cross extends the rally to around 0.8305 during the early European session on Monday.
Mon, Dec 23
NZD/USD Price Forecast: Remains subdued near 0.5650, descending channel’s lower boundary
The NZD/USD pair edges lower to near 0.5650 during the European hours on Monday.
Mon, Dec 23
EUR/USD consolidates ahead of holiday-shortened week as Fed supports shallow rate-cut cycle
EUR/USD trades quietly at the start of the week around 1.0440 in Monday’s European session. The major currency pair trades in a limited range amid thin trading volume in a holiday-shortened week due to Christmas Eve and Boxing Day on Wednesday and Thursday, respectively.
Mon, Dec 23
Gold price holds comfortably above $2,600 mark; lacks bullish conviction
Gold price (XAU/USD) struggles to capitalize on last week's modest recovery from a one-month trough and oscillates in a range around the $2,625 region during the Asian session on Monday.
Mon, Dec 23
