tradingkey.logo

FXStreet

1435 Articles

FXStreet is a website visited by over 1 million users nowadays, deliver the most advanced information and tools such as rates and charts, market analysis, forex news, economic calendar or webinars together with a wide variety of sources of information for traders to access the market in a conscious way.


FXStreet is made up of a team of approximately 60 people, 30 of them working from the head office in Barcelona. The rest of the staff is working from around the world.

Gold rebounds from $4,655 area amid weaker risk tone, Fed rate cut expectations

Gold (XAU/USD) rebounds swiftly from the vicinity of mid-$4,600s, or a four-day trough touched during the Asian session on Friday, though it lacks follow-through.
Fri, Feb 6

GBP/USD drops to two-week low, around 1.3500 amid dovish BoE and firmer USD

The GBP/USD pair adds to the previous day's dovish Bank of England (BoE)-inspired heavy losses and drifts lower for the third straight day on Friday.
Fri, Feb 6

EUR/USD slides after ECB hold as risk-off flows lift US Dollar

The Euro extends its losses on Thursday as the European Central Bank held rates unchanged in an uneventful monetary policy decision. Jobs data in the United States was softer than expected fueling speculation for rate cuts by the Federal Reserve. The EUR/USD trades at 1.1777, down 0.25%.
Fri, Feb 6

Bitcoin and top cryptos plummet further as analyst terms market crash 'structural'

Bitcoin (BTC) has declined below $65,000 on Thursday, down 11% over the past 24 hours. The move marks its largest decline since the October 10 leverage flush. Since then, the top crypto has erased more than 50% of its value since the October 10 leverage flush.
Fri, Feb 6

US Dollar Index rises to near 98.00 due to Fed hawkish signals

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, gains ground for the second successive session and is trading around 97.80 during the Asian hours on Thursday.
Thu, Feb 5

Gold falls on firmer USD; shows resilience below $4,800 amid dovish Fed, geopolitics

Gold (XAU/USD) attracts heavy selling following the overnight failure ahead of the $5,100 mark and dives to sub-$4,800 levels during the Asian session on Thursday.
Thu, Feb 5

Silver Price Analysis: Gradual recovery underway as momentum turns constructive

Silver price extended its recovery for the second straight day, up by 3.75% shrugging off broad US Dollar strength, following the release of solid US economic data. At the time of writing, XAG/USD trades at $88.20, after bouncing off daily lows of $83.28.
Thu, Feb 5

Gold rallies further beyond $5,050 amid flight to safety, dovish Fed expectations

Gold (XAU/USD) attracts follow-through buying for the second consecutive day and surges past the $5,000 psychological mark during the Asian session on Wednesday amid the global flight to safety.
Wed, Feb 4

USD/CNH declines towards 33-month low to near 6.9310 as Yuan gains on seasonal demand

The USD/CNH pair trades lower to 6.9350 during the late Asian trading session on Tuesday. The pair declines towards its 33-month low of 6.9310 as the Chinese Yuan (CNH) continues to outperform the US Dollar (USD) due to strong seasonal demand.
Tue, Feb 3

USD/JPY gathers strength above 155.50 as upbeat US data bolsters Dollar

The USD/JPY pair attracts some buyers to around 155.55 during the early Asian session on Tuesday. The upbeat US economic data provides some support to the Greenback against the Japanese Yen (JPY).
Tue, Feb 3

XAU/USD rebounds above $4,800, traders brace for US-Iran talks

Gold price (XAU/USD) recovers some lost ground to near $4,820 during the early Asian session on Tuesday. The precious metal edges higher following a historic market rout.
Tue, Feb 3

WTI seems vulnerable near $61.75, one-week low amid US-Iran de-escalation

West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the previous day's modest bounce from the $61.20 area, or a one-week trough, and attract some sellers for the second straight day on Tuesday.
Tue, Feb 3

Bitcoin slips below $75,000 as selling pressure accelerates

Bitcoin (BTC) price falls below the $75,000 mark on Monday, having corrected nearly 11% in the previous week and reaching level not seen in nearly 10 months. Market momentum has clearly turned bearish, with technical indicators pointing to further downside toward the next key support at $70,000.
Mon, Feb 2

When are the BoJ Summary of Opinions and how could they affect USD/JPY?

The Bank of Japan (BOJ) will publish its report on Sunday at 23:50 GMT. This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.
Mon, Feb 2

Gold Price Forecast: XAU/USD falls below $4,800 as Warsh pick eases Fed independence concerns

Gold price (XAU/USD) tumbles to around $4,780 during the early Asian session on Monday. The precious metal extends the decline after reaching historic highs last week amid signs of political stability in the United States (US).
Mon, Feb 2

Japanese Yen edges higher amid hawkish BoJ; fiscal and political risks cap gains

The Japanese Yen (JPY) regains some positive traction against a broadly weaker US Dollar (USD) during the Asian session on Thursday and reverses a part of the previous day's retracement slide from a nearly three-month low.
Thu, Jan 29

Gold climbs above $5,500 for the first time on record

Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).
Thu, Jan 29

NZD/USD strengthens above 0.6050 on improved New Zealand Trade Balance data

The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid encouraging New Zealand’s Trade Balance data.
Thu, Jan 29

Japanese Yen drifts lower as fiscal worries, political risks counter hawkish BoJ

The Japanese Yen (JPY) drifts lower during the Asian session on Wednesday amid concerns about Japan's fiscal health on the back of Prime Minister Sanae Takaichi's aggressive spending and tax cut plans.
Wed, Jan 28

Gold extends rally further beyond $5,200; fresh all-time highs and counting ahead of Fed

Gold (XAU/USD) prolongs its record-setting rally for the eighth consecutive day and surges past the $5,200 mark during the Asian session on Wednesday.
Wed, Jan 28
KeyAI