FX News

Today's FXStreet Newswire

The latest news that can have the most noticeable market impact

December 9, 2019
AUD/JPY Technical Analysis: Eyes on three-week-old rising trendline after Japan GDP
AUD/JPY declines after Japan’s upbeat GDP/trade data. An upward sloping support line since mid-November gains sellers’ attention. 200-bar SMA, one-week-old falling trend line restrict immediate upside. AUD/JPY trades around 74.20, after flashing a low of 74.17, on early Monday. The quote reacted to Japan’s upbeat Gross Domestic Product (GDP) and Trade Balance data. Japan’s third-quarter…
December 9, 2019
USD/JPY stays on the back foot around 108.60, shrugs off upbeat Japan Q3 GDP
USD/JPY stays modestly changed to Friday’s levels. Japan's final reading of Q3 GDP crosses preliminary readings and forecasts. Risk sentiment remains under pressure at the start of the key week including ECB, FOMC, US tariffs, and UK election. USD/JPY seesaws around 108.60 during the Asian session on Monday. The quote shows a less reaction to…
December 9, 2019
Japanese GDP Q3 beats expectations by 0.2%
Japan's third-quarter Gross Domestic Product final was expected to be revised up to +0.2% from +0.1%. The data has arrived as follows: GDP sa QoQ  0.4%, ahead of the preliminary result.  GDP annualised sa 1.8%. FX implications USD/JPY was steady around 108.62 on the release. The data beat expectations, the market's focus is elsewhere considering the count…
December 8, 2019
Gold prices in focus following sharp bearish reversal
Gold prices are in focus following sharp NFP drop and positive trade-deal sentiment.  US dollar bounced in line with yields following the strong employment report. Gold prices on Friday suffered a steep drop with the price falling from a high of $1,480.20 to a low of $1,458.77 following a better-than-expected Nonfarm Payrolls report which sent the US…