FXStreet
72729 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.
Canadian Dollar: BoC dovish tone and tariff risks – TD Securities
TD Securities’ macro team, including Andrew Kelvin and Jayati Bharadwaj, expects the Bank of Canada (BoC) to adopt a dovish tone and provide limited guidance as trade tensions with the US rise.
Mon, Aug 31
Bitcoin Price Forecast: BTC consolidates near $78,000 as ETF inflows surge
Bitcoin (BTC) trades near $78,000 on Monday, consolidating after its recent rally as strong institutional demand continues to provide support. However, escalating Middle East tensions, rising oil prices and growing inflation concerns dampened risk appetite, which could cap the Crypto King’s upside.
Mon, Aug 31
New Zealand Dollar holds above 0.5900 as traders await RBNZ decision
NZD/USD trades around 0.5910 on Monday, virtually unchanged on the day at the time of writing. The New Zealand Dollar (NZD) retains some support from improving Chinese activity data, but the move remains limited as investors prepare for the Reserve Bank of New Zealand (RBNZ) decision on Wednesday.
Mon, Aug 31
US Dollar: Jobs data to test hawkish Fed repricing - BNY
BNY’s Geoff Yu highlights that recent U.S. inflation data left the macro narrative intact, but Fed Chair Kevin Warsh’s Jackson Hole speech pushed markets to reprice September hike odds and lifted the Dollar. The focus now shifts to U.S.
Mon, Aug 31
Gold Price Forecast: XAU/USD steadies near $4.400 lows amid rising Fed tightening bets
Gold (XAU/USD) shows marginal gains on Monday, with price action hovering around $4.450 at the time of writing yet unable to take off from last week’s lows in the $4,400 area after depreciating more than 4% late last week.
Mon, Aug 31
GBP/USD Price Forecast: Finds ground slightly below 20-day EMA
The British Pound (GBP) is marginally higher at around 1.3545 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair rebounds as the US Dollar corrects after a strong upside move on Friday.
Mon, Aug 31
Pi Network Price Forecast: PI stages mild August recovery amid potential DEX environment test
Pi Network (PI) is trading around $0.0900 on Monday, continuing its consolidation above the $0.0836 support floor. The PI Testnet has seen around 30 new tokens released under the names of leading corporations, suggesting a potential test of the DEX environment.
Mon, Aug 31
WTI Oil appreciates beyond $85.50 as tensions rise in Iran
Crude prices rally on Monday, with the US benchmark West Texas Intermediate (WTI) trading at $85.50 per barrel at the time of writing, more than 3% up on the day so far, drawing close to one-month highs, at $87.38.
Mon, Aug 31
US Dollar: Warsh speech keeps rate hike debate open – Commerzbank
Commerzbank’s Thu Lan Nguyen notes that Kevin Warsh’s Jackson Hole speech boosted the US Dollar by signalling openness to tighter monetary policy and a possible September rate hike.
Mon, Aug 31
Australian Dollar edges lower as mixed Chinese PMIs fail to impress
AUD/USD trades around 0.7160 on Monday at the time of writing, down a modest 0.08% on the day. The Australian Dollar (AUD) struggles to find a clear direction following the release of mixed Chinese economic data, while investors also assess the latest indications on Australian inflation.
Mon, Aug 31
New Zealand Dollar: RBNZ seen hiking in September – UOB
UOB Global Economics & Markets Research, led by economist Lee Sue Ann, now expects the Reserve Bank of New Zealand to raise the Official Cash Rate to 2.75% at the September meeting.
Mon, Aug 31
Asia FX: Fed repricing pressures regional currencies – MUFG
MUFG’s Lloyd Chan notes that markets are reassessing Federal Reserve policy after Chair Warsh’s Jackson Hole speech, with higher US rate expectations lifting the Dollar and shifting focus to whether inflation remains sticky enough to warrant tightening.
Mon, Aug 31
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $67.10 per troy ounce, up 1.04% from the $66.40 it cost on Friday.
Mon, Aug 31
EUR/JPY Price Forecast: Remains below nine-day EMA near 185.50
EUR/JPY extends its losses for the second successive day, trading around 185.20 during European hours on Monday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling a bullish bias.
Mon, Aug 31
Canadian Dollar : Modest downside on trade risks and yields – HSBC
HSBC strategists highlight a bearish stance on the Canadian Dollar (CAD), noting that the breakdown in US–Canada trade talks has driven USD/CAD higher but is unlikely to be a persistent drag.
Mon, Aug 31
US Dollar: Hawkish Fed pricing supports Dollar into payrolls – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that Kevin Warsh’s hawkish Jackson Hole speech has sharply increased market-implied odds of a September Federal Reserve rate hike, supporting the Dollar and short-term Treasury yields.
Mon, Aug 31
US Dollar Index Price Forecast: DXY fails near 100-SMA/38.2% Fibo. confluence around 99.75
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers at the start of a new week and erodes a part of Friday's strong gains to a two-week high.
Mon, Aug 31
USD/JPY Price Forecast: US Dollar keeps crawling towards the key 160.00 area
The Japanese Yen (JPY) pares some losses on Monday’s European session, as the US Dollar (USD) pulls back against its main peers, with the dust from the Jackson Hole meeting settling.
Mon, Aug 31
Euro: Downside risk remains in focus against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight an unexpectedly sharp EUR/USD drop to 1.1577, with the pair closing weaker at 1.1584. They see scope for further downside but doubts a quick test of 1.1550 due to oversold conditions.
Mon, Aug 31
Dow Jones futures slip as traders adopt caution amid higher oil prices
Dow Jones futures fall by 0.15% to near 53,500 during European hours on Monday. Meanwhile, S&P 500 futures decline by 0.12%, to trade near 7,710, while Nasdaq 100 futures gain by 0.05% to trade around 29,500.
Mon, Aug 31
