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News Discussion Forum
By
Fxstreet
EUR/USD finds some footing as the US Dollar rally falters
EUR/USD posts marginal gains on Wednesday, to snap a three-day losing streak, and trades near 1.1610 after hitting one-week lows right below 1.1600 earlier on the day.
EURUSD
Currencies
Majors
Fed
News Discussion Forum
By
Fxstreet
EUR/GBP drifts further, approaching 0.8700 amid a firm Pound
The Euro is pulling back from Friday’s gains, right above 0.8740, reaching session lows below 0.8720. The upbeat German Sentiment Index has failed to provide any significant support for the pair, as the Pound continues to draw support from the strong UK data released on Friday.
EURGBP
Currencies
Crosses
News Discussion Forum
By
Fxstreet
Service-sector activity continues to expand
The ISM services index rebounded to 52.4 in October amid an expansion in current activity and coming demand conditions. Service-providers reported paying higher prices as concerns around tariff-induced cost pressure continues.
CommercialServices
UnitedStates
Technical Analysis
Prices
News Discussion Forum
By
Fxstreet
Gold Price Forecast: XAU/USD back below $4,100 amid resurgent USD demand
Risk aversion dominates financial markets in the American session on Wednesday, resulting in a much firmer US Dollar (USD) across the FX board. In the case of XAU/USD, demand for safety benefits both Gold and the Greenback, keeping the pair afloat, though off its intraday high of $4,132.
Gold
XAUUSD
Fed
Sentiment
Recommended
News Discussion Forum
By
Fxstreet
USD/CAD Price Forecast: Targets nine-day EMA support near 1.3800
USD/CAD trades around 1.3830 during the European hours on Friday, remaining subdued after registering nearly a quarter-percent loss in the previous session.
USDCAD
Majors
Technical Analysis
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