FXStreet
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US CPI inflation set to rebound slightly in November, core to remain high
The US Consumer Price Index (CPI) report for November, a key measure of inflation, will be unveiled on Wednesday at 13:30 GMT by the Bureau of Labor Statistics (BLS).
Wed, Dec 11
Australian Dollar steadies despite a market caution ahead of US CPI
The Australian Dollar (AUD) hovers against the US Dollar (USD) on Wednesday after experiencing losses in the previous session.
Wed, Dec 11
Could Google's supercomputer crack Bitcoin? Crypto community maintains positive outlook
Bitcoin faced mixed sentiments on Tuesday after crypto community members spoke on the potential of Google's new quantum chip Willow's ability to crack blockchain networks and render the security of public key cryptography useless.
Wed, Dec 11
WTI remains capped below $68.50 on disappointing Chinese data, surprise climb in crude inventories
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.20 on Wednesday. The WTI price remains on the defensive amid a surprise climb in crude inventories and weak demand outlooks, particularly in China.
Wed, Dec 11
USD/CAD refreshes four-year high near 1.4200 with US inflation, BoC policy in focus
The USD/CAD pair posts a fresh four-year high near the round-level resistance of 1.4200 in Tuesday’s European session.
Tue, Dec 10
AUD/USD plummets below 0.6400 as RBA Bullock delivers less-hawkish guidance
The AUD/USD pair plunges below the key support of 0.6400 in Tuesday’s European session.
Tue, Dec 10
Gold steadies near two-week highs on optimism about China
Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows.
Tue, Dec 10
USD gets softer after China announcing a consumption boost – ING
The US Dollar (USD) got a little softer against most currencies on Monday after Chinese policymakers said they would boost consumption ‘forcefully’, ING’s FX analyst Chris Turner notes.
Tue, Dec 10
Australia: RBA on hold for final meeting of 2024 – UOB Group
As expected, the Reserve Bank of Australia (RBA) decided to leave its cash rate target unchanged at a 13-year high of 4.35%.
Tue, Dec 10
Pound Sterling trades in tight range against US Dollar ahead of US inflation data
The Pound Sterling (GBP) consolidates in a tight range near 1.2750 against the US Dollar (USD) in Tuesday’s European session. The GBP/USD pair trades sideways as investors focus on the United States (US) Consumer Price Index (CPI) data for November, which will be published on Wednesday.
Tue, Dec 10
DOGE and SHIB leveraged traders wiped out: Over $108 million in liquidated
Dogecoin (DOGE) and Shiba Inu (SHIB) prices continue to edge down on Tuesday after falling more than 10% on Monday.
Tue, Dec 10
Gold price stands firm near two-week high, seems poised to appreciate further
Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Tuesday and moves back closer to a two-week top touched the previous day.
Tue, Dec 10
EUR/USD Price Forecast: Bearish outlook remains in play near 1.0550, eyes on ECB rate decision
The EUR/USD pair trades in positive territory around 1.0560 during the early European session on Tuesday.
Tue, Dec 10
Silver Price Forecast: XAG/USD rises to near $32.00 within an ascending channel
Silver price (XAG/USD) extends its gains for the second day, trading around $32.00 per troy ounce during the Asian hours on Tuesday. The daily chart analysis indicates a bullish bias, with the pair moving upwards within an ascending channel pattern.
Tue, Dec 10
Japanese Yen touches over one-week low against USD; lacks follow-through selling
The Japanese Yen (JPY) loses ground against its American counterpart for the second consecutive day on Tuesday and lifts the USD/JPY pair to over a one-week high, above mid-151.00s during the Asian session on Tuesday.
Tue, Dec 10
Ethereum Price Forecast: Investors book over $2.5 billion in profits as ETH declines nearly 10%
Ethereum (ETH) declined 10% on Monday after investors increased their profit-taking with over $2.5 billion in realized profits. This sparked a two-year high in futures liquidations for the top altcoin.
Tue, Dec 10
GBP/USD sticks to familiar territory ahead of a quiet week
GBP/USD paddled in a tight circle near 1.2750 on Monday, kicking off a new trading week by sticking close to where it ended the previous one.
Tue, Dec 10
EUR/USD slumps as ECB rate call looms ahead
EUR/USD trimmed its stance slightly on Monday, easing back away from the 1.0600 handle after facing a technical rejection from the key level last week.
Tue, Dec 10
WTI rebounds to near $68.00 amid Middle East geopolitical risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.90 on Tuesday. The WTI price recovers amid the rising geopolitical tensions in the Middle East after the downfall of Syrian President Bashar al-Assad.
Tue, Dec 10
USD/JPY refreshes two-day high at 150.80 as Japanese Yen weakens across the board
The USD/JPY pair posts a fresh two-day high at 150.80 in the North American session on Monday.
Mon, Dec 9
