FXStreet
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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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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%.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 10, 2024
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.
Dec 9, 2024
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.
Dec 9, 2024
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.
Dec 9, 2024
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.
Dec 9, 2024
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.
Dec 9, 2024
