FX

Pound Sterling Price News and Forecast: GBP/USD catches a thin rebound on Friday

GBP/USD found a thin recovery on Friday, gaining roughly four-tenths of one percent and ending the first trading week of 2025 back above the 1.2400 handle. UK macroeconomic and consumer credit data broadly missed the mark early on Friday, but the low-tier figures barely registered on the needle. On the US side, US business activity

Pound Sterling Price News and Forecast: GBP/USD catches a thin rebound on Friday Read More »

EUR/USD price analysis: Pair inches up to 1.0430, still capped by key resistance

EUR/USD registers a minor uptick on Friday, trading near 1.0430 after recent losses. RSI climbs to 44 in negative territory, indicating a tepid recovery but still suggesting sellers hold the upper hand. MACD histogram shows flat green bars, hinting at fading bearish momentum while the 20-day SMA remains a key hurdle. The EUR/USD pair ended

EUR/USD price analysis: Pair inches up to 1.0430, still capped by key resistance Read More »

PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1870 previous

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet

PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1870 previous Read More »

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.   Key quotes Sees stable FX movement as desirable, reflecting fundamentals. Sees abrupt, unilateral movements in foreign exchange market. To take appropriate

Japan’s Kato: Will take appropriate action against excessive moves Read More »

Risk Warning: 74-89% of retail investor accounts lose money when trading CFDs .