FXStreet
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Pepe meme coin hits new all-time high, with market cap surpassing $11 billion
Pepe (PEPE) soars to a new all-time high (ATH) of $0.0000275 on Monday after an 18% rally over the past week.
Mon, Dec 9
GBP/USD consolidates below mid-1.2700s; upside potential seems limited
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s during the Asian session.
Mon, Dec 9
Gold price trades with mild positive bias, remains below $2,650 horizontal barrier
Gold price ticks higher on Monday amid bets for another Fed rate cut in December.
Mon, Dec 9
Japanese Yen ticks higher after revised Japan’s Q3 GDP; lacks follow-through
The Japanese Yen (JPY) kicks off the new week on a positive note and draws support from a combination of factors, though the upside potential seems limited. Government data released earlier today showed that Japan’s economy expanded at a faster pace than initially estimated in the third quarter.
Mon, Dec 9
EUR/USD weakens to near 1.0550 on ECB rate cut bets
The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading hours. Investors will closely monitor the US Consumer Price Index (CPI) inflation report for November, which is due on Wednesday.
Mon, Dec 9
Fed's Goolsbee: US labor market still looks stable
Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that the labor market appears largely stable despite a bumpy series of data on the US jobs landscape, per Bloomberg.
Mon, Dec 9
Fed's Bowman: Central bank should proceed cautiously with rate cuts
Federal Reserve Governor Michelle Bowman said on Friday that she prefers to cut the interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2% goal, per Bloomberg.
Mon, Dec 9
AUD/USD holds positive ground near 0.6400 as traders await RBA rate decision
The AUD/USD pair gains ground to around 0.6400 on the weaker US Dollar (USD) during the Asian session on Monday. There are no Federal Reserve (Fed) speakers this week due to the media blackout.
Mon, Dec 9
Silver Price Forecast: XAG/USD recovery stalls below $31.45 with NFP data eyed
Silver rally loses momentum with bulls capped right below the last two weeks' range top, at $31,45.
Fri, Dec 6
EUR/GBP edges lower as Sterling performs strongly across the board
The EUR/USD pair ticks lower to near 0.8285 in Friday’s North American session after struggling to extend Thursday’s recovery above the key resistance of 0.8300.
Fri, Dec 6
WTI struggles near weekly low, below $68.00 mark as traders await US NFP report
West Texas Intermediate (WTI) US Crude Oil prices remain under some selling pressure for the third consecutive day on Friday and trade near the lower end of the weekly range, around the $67.80 region during the Asian session.
Fri, Dec 6
NZD/USD refreshes daily low, slides closer to mid-0.5800s on softer risk tone
The NZD/USD pair attracts fresh sellers during the Asian session on Friday and erodes a part of the previous day's modest gains.
Fri, Dec 6
Gold price rebounds swiftly from over one-week low; focus remains on US NFP report
Gold price (XAU/USD) rebounds after touching a one-and-half-week low during the Asian session on Friday and climbs to a daily high, above the $2,640 level in the last hour.
Fri, Dec 6
Japanese Yen bulls have the upper hand amid hawkish BoJ, ahead of US NFP report
The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains and oscillates in a narrow range against its American counterpart during the Asian session on Friday.
Fri, Dec 6
Australian Dollar softens ahead of US NFP release
The Australian Dollar (AUD) edges lower on Friday. Disappointing economic growth could prompt the Reserve Bank of Australia (RBA) to adopt a more dovish tone at next week’s monetary policy meeting, potentially setting up a February rate cut.
Fri, Dec 6
France’s Macron: From now on, a new era must start with new compromises
French President Emmanuel Macron said on Thursday that he will name a new Prime Minister in the coming days whose top priority will be getting a 2025 budget adopted by parliament, per Reuter.
Fri, Dec 6
Bitcoin Price Forecast: Bullish sentiment persists as BTC breaks above $100K mark
Traders should be cautious over the move of funds from Mt.Gox as well as US government transfers.
Thu, Dec 5
Gold Price Forecast: XAU/USD flattens near $2,650 as US NFP takes centre stage
Gold price (XAU/USD) trades in a tight range around $2,650.00 in Thursday’s European session.
Thu, Dec 5
US Dollar edges lower ahead of Jobless Claims, trade data
The US Dollar takes a step back with markets in a holding pattern towards Friday’s key NFP release.
Thu, Dec 5
EUR/GBP to stay gently offered – ING
GBP:USD briefly sold off and then recovered after Bank of England (BoE) Governor Andrew Bailey seemed to confirm that the bank was looking at four rate cuts over the next year.
Thu, Dec 5
