FXStreet
72482 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.
XRP undergoes a healthy correction following recent gains
Ripple (XRP) steadies around $1.500 at the time of writing on Thursday after declining over 4% the previous day. XRP is undergoing a healthy correction after its recent gains.
Thu, Sep 24
Swiss National Bank's Tschudin: GDP growth exceptionally strong in Q2
Swiss National Bank governing board member Petra Tschudin said at the post-monetary policy assessment press conference on Thursday that the “Swiss GDP growth was exceptionally strong in Q2.”
Thu, Sep 24
Swiss National Bank's Schlegel: Will continue to monitor situation and adjust policy if necessary
Swiss National Bank (SNB) Chairman Martin Schlegel is speaking at the press conference after the June monetary policy assessment, explaining the reasons behind leaving the interest rate unchanged at 0%.
Thu, Sep 24
Dow Jones futures drop as Fed rate hike expectations surge
Dow Jones futures decline by 0.17% to trade near 51,780 during European hours on Thursday. Meanwhile, S&P 500 futures lose by 0.34% to trade around 7,750, while Nasdaq 100 futures depreciate 0.5% to trade near 30,610.
Thu, Sep 24
Australian Dollar: RBA may follow hawkish market pricing – Commerzbank
Commerzbank’s Volkmar Baur now expects the Reserve Bank of Australia (RBA) to follow market pricing and deliver a rate hike next week, despite earlier assumptions of no further tightening.
Thu, Sep 24
Bank of England’s Lombardelli: Policy likely to need to tighten if energy risks persist
Bank of England (BoE) Deputy Governor Clare Lombardelli said on Thursday that “policy is increasingly likely to need to tighten if elevated energy prices persist, absent clear evidence of disinflation or weaker activity.”
Thu, Sep 24
Germany’s IFO Business Climate Index arrives higher at 89.9, beats 89.0 estimates
The German IFO Institute Business Climate Index improves at a faster-than-expected pace in September. The sentiment data arrives higher at 89.9 from estimates of 89.0 and 88.8 in August.
Thu, Sep 24
0.7000: Key support zone for Australian Dollar ahead of Trump-Xi meeting
The Australian Dollar (AUD) recovers a majority of its early losses against the US Dollar (USD) on Thursday. In early European session, the AUD/USD pair is marginally down to near 0.7035.
Thu, Sep 24
Japanese Yen: Volatility watch over autumn holidays – MUFG
MUFG’s Teppei Ino reviews recent USD/JPY price action, noting the pair opened near 153.41 before US Dollar (USD) buying ahead of the Federal Open Market Committee (FOMC) and Bank of Japan (BoJ) meetings lifted it above 157.50.
Thu, Sep 24
Forex Today: US Dollar stands tall as focus remains on central bank commentary
Here is what you need to know on Thursday, September 24:
Thu, Sep 24
New Zealand Dollar gains as US Dollar declines despite hawkish Fed tone
NZD/USD inches higher after posting modest losses in the previous day, trading around 0.5680 during European hours on Thursday. The pair is appreciating as the New Zealand Dollar gains momentum, driven by growing expectations of further monetary tightening by the Reserve Bank of New Zealand.
Thu, Sep 24
SNB leaves interest rates unchanged at 0%
Swiss National Bank (SNB) leaves its key policy rates unchanged at 0%, as expected by market particiapnts.
Thu, Sep 24
CEE FX: Global headwinds pressure currencies – ING
ING’s EMEA FX & FI Strategist Frantisek Taborsky highlights that stronger regional hawkish repricing has not prevented rate differentials from narrowing or staying flat, leaving Central and Eastern European (CEE) currencies vulnerable as the Dollar rallies and global energy prices rebound.
Thu, Sep 24
Euro remains depressed amid strong US macroeconomic data and higher Oil prices
The Euro (EUR) licks its wounds against the US Dollar (USD) on Thursday, trading around 1.1380, near the lowest level of the last two months, after falling nearly 2% in less than two weeks.
Thu, Sep 24
Swedish Krona: Riksbank seen holding but keeping hike option – Commerzbank
Commerzbank’s Antje Praefcke expects the Riksbank to leave its policy rate at 1.75% while continuing to signal a possible hike by year-end. Despite very low current inflation, projections show price pressures rising again as temporary tax cuts expire and energy prices stay high.
Thu, Sep 24
USD/CAD Price Forecast: Gains ground to near 1.4100, holding bullish bias above 100-day SMA
The USD/CAD pair trades in positive territory around 1.4100 during the early European trading hours on Thursday.
Thu, Sep 24
Equities: global indices under pressure – Deutsche Bank
Deutsche Bank notes a broad setback in global equities, with the S&P 500, NASDAQ and Russell 2000 all posting notable declines despite stronger growth data.
Thu, Sep 24
Litecoin Price Forecast: LTC rally hits eight-month high amid firm ETF inflows
Litecoin (LTC) price extends a steady recovery on Thursday, trading at an eight-month high above $68.00.
Thu, Sep 24
Swiss Franc: Franc weakness seen slowing near 0.95 against Euro – Commerzbank
Commerzbank’s Michael Pfister highlights notable Swiss Franc weakness since July, with EUR/CHF approaching 0.95 as markets price more European Central Bank (ECB) tightening than from the Swiss National Bank (SNB).
Thu, Sep 24
USD/JPY Price Forecast: Testing 200-day SMA amid strong US data, higher yields
The US Dollar (USD) consolidates gains against the Japanese Yen (JPY) on Wednesday, with bulls pushing against the key 200-day Simple Moving Average (SMA), at 158.47.
Thu, Sep 24
