Forex News
Latest News
Broker promotions
Editors’ Picks
EUR/USD: Is the US Dollar corrective decline over? Premium
The EUR/USD pair ended a three-week losing streak, recovering towards 1.0600 before finally finding sellers. The US Dollar (USD) gapped lower at the weekly opening after reaching fresh 2024 highs against its European rival, with EUR/USD bottoming at 1.0332 on November 22.
GBP/USD: Pound Sterling rebounds, not out of the woods yet Premium
The Pound Sterling (GBP) snapped a two-week downtrend and staged a comeback against the US Dollar (USD), driving the GBP/USD pair back to the 1.2700 threshold.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold: Easing geopolitical tensions trigger profit-taking Premium
Gold (XAU/USD) declined sharply on easing geopolitical concerns on Monday and spent the rest of the week trying to recover its losses. Employment-related macroeconomic data releases from the US could alter the expectations about the Federal Reserve’s policy decision in December and trigger the next big action in XAU/USD.
Bitcoin: A healthy correction
Bitcoin (BTC) experienced a 7% correction earlier in the week, dropping to $90,791 on Tuesday before recovering to $97,000 by Friday. On-chain data suggests a modest rebound in institutional demand, with holders buying the dip. A recent report indicates BTC remains undervalued, projecting a potential rally toward $146K.
Bitcoin Weekly Forecast: Long-awaited $100K milestone meets profit taking
Bitcoin price hovers around $98,000 at the end of a week in which it surpassed the $100K milestone to correct sharply afterward. BTC institutional demand and whale accumulation remain strong, supporting Bitcoin’s rally.