FXStreet
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EU lowers corn and wheat output estimates – ING
In its latest cereals market situation report, the European Commission estimated that the bloc’s grain production could fall to 255.8mt for the 2024/25 season, compared to its previous projections of 256.9mt.
Dec 20, 2024
Pound Sterling attempts to gain ground after UK Retail Sales data
The Pound Sterling (GBP) attempts to recover against its major peers on Friday after the release of the United Kingdom (UK) Retail Sales data for November, which rose less than anticipated.
Dec 20, 2024
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers
Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins.
Dec 20, 2024
Solana Price Forecast: SOL’s technical outlook and on-chain metrics hint at a double-digit correction
Solana (SOL) price trades in red below $194 on Friday after declining more than 13% this week.
Dec 20, 2024
EUR/USD struggles near 1.3060 area, just above two-year low ahead of US PCE data
The EUR/USD pair continues with its struggle to attract any meaningful buyers and oscillates in a range around the 1.0360 area during the Asian session on Friday.
Dec 20, 2024
Gold price holds steady around $2,600; upside potential seems limited
Gold price (XAU/USD) attracts some dip-buyers following the previous day's good two-way price moves and climbs back to the $2,600 mark during the Asian session on Friday.
Dec 20, 2024
Silver Price Forecast: XAG/USD moves below $29.00 near three-month lows
Silver price (XAG/USD) continues its losing streak that began on December 12, trading around $28.90 per troy ounce during the Asian session on Friday.
Dec 20, 2024
Japanese Yen bulls remain on the sidelines despite strong Japan’s National CPI print
The Japanese Yen (JPY) prolongs a two-week-old downtrend and hits a five-month low against its American counterpart during the Asian session on Friday.
Dec 20, 2024
WTI moves below 69.00, further downside seems possible due to stronger US Dollar
West Texas Intermediate (WTI) Oil price extends its losing streak for the fifth successive session, trading around $68.90 per barrel during the Asian hours on Friday.
Dec 20, 2024
Japan’s Kato: Will take appropriate action against excessive moves
Japan's Finance Minister Katsunobu Kato said on Friday that he is concerned about the recent foreign exchange move, including those driven by speculation. Kato added that he will ake appropriate action against excessive moves.
Dec 20, 2024
US Dollar eases after Fed signals fewer cuts, Trump factor surfaces
The US Dollar Index (DXY), which tracks the USD's value against a range of currencies, pulls back from its two-year peak following signals from the Federal Reserve (Fed) about fewer interest rate cuts in the future.
Dec 20, 2024
Australian Dollar rebounds from two-year lows as US Dollar rally pauses
The Australian Dollar rebounds from two-year lows of around 0.6200, buoyed by a pause in the US Dollar’s hawkish Fed cut-inspired uptrend. Although the Federal Reserve’s cautious tone on further cuts initially lifted the Greenback, the Aussie is finding relief as investors reassess growth prospects.
Dec 20, 2024
EUR/USD weakens to near 1.0350 on Fed hawkish cut, stronger US data
The EUR/USD pair trades with a mild negative bias around 1.0360 during the early Asian session on Friday.
Dec 20, 2024
Bitcoin's trajectory shows similarities with previous cycles as long-term holders book profits of $2.1 billion
Glassnode's Week on Chain report revealed the similarities between the current Bitcoin uptrend and previous cycles amid changing market conditions.
Dec 20, 2024
US Dollar retreats after touching two-year high on hawkish Fed
The US Dollar retreats from a two-year high, a rally that was driven by the Fed signaling fewer interest-rate cuts ahead.
Dec 19, 2024
AUD/USD picks up from lows near 0.6200 as the US Dollar gives away some gains
Investors see the t RBA cutting rares ahead of schedule, which is weighing on the AUD.
Dec 19, 2024
Crude Oil recovers as US inventories set to erode further in 2025
Bloomberg calculates that the US Crude inventories might face sharp daily drawdowns in 2025.
Dec 19, 2024
Forex Today: BoJ maintains status quo, BoE up next
Here is what you need to know on Thursday, December 19: Following the Federal Reserve's (Fed) and the Bank of Japan's (BoJ) monetary policy announcements, the Bank of England (BoE) is next in line to release its interest rate decision on Thursday.
Dec 19, 2024
EUR/JPY rises above 161.00 as the BoJ keeps rates unchanged
EUR/JPY breaks its two days of losses, trading around 161.20 during the Asian hours on Thursday.
Dec 19, 2024
Silver Price Forecast: XAG/USD falls to three-month lows near $29.50
Silver price (XAG/USD) extends its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday.
Dec 19, 2024
