FXStreet
72491 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.
Ripple Price Forecast: XRP accelerates gains amid heavy whale accumulation and ETF inflows
Ripple (XRP) ticks higher on Wednesday and trades near $1.60, aligning with the broader crypto market’s bullish outlook. The token builds on a strong technical outlook, reinforced by uptrending moving averages and key momentum indicators.
Wed, Sep 23
Gold: Next leg higher toward $5,000 – TD Securities
TD Securities’ Ryan McKay argues Gold is entering a new bullish phase, with speculative, ETF and central bank flows reinforcing resilience despite further Fed hikes.
Wed, Sep 23
Copper: Chinese tightness supports prices despite weak positioning – ING
ING analysts Ewa Manthey and Warren Patterson report that LME Copper has extended gains on tight physical conditions in China, falling inventories and holiday-related restocking, even as investor positioning remains subdued.
Wed, Sep 23
Silver Price Forecast: Daily range holds, but 4-hour chart turns bearish
Silver (XAG/USD) slides nearly 3% on Wednesday as the hawkish Federal Reserve (Fed) outlook pushes the US Dollar (USD) to a two-month high and weighs on non-yielding metals. Gold (XAU/USD) is also down more than 1%. At the time of writing, XAG/USD trades around $65.
Wed, Sep 23
US Dollar: Growth edge narrative supports gains – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Dollar is extending gains as US economic data and policy dynamics remain supportive. September US PMI is expected to confirm US growth leadership versus Eurozone, UK and Japan.
Wed, Sep 23
NEAR partners with Ondo to bring tokenized US stocks, ETFs with confidential execution
Near Protocol (NEAR) announced a partnership with Ondo (ONDO) to bring tokenized US stocks and ETFs into one confidential account. The launch reflects NEAR Protocol’s focus on privacy as US regulators are making room for on-chain trading and purpose-built crypto market infrastructure.
Wed, Sep 23
Swiss Franc: Range-bound trading outlook against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CHF stuck in tight ranges across timeframes. Intraday, they expect the US Dollar (USD) to hold between 0.8185 and 0.8230 as prior downside momentum has faded.
Wed, Sep 23
US Dollar Index: Rally extend to near 101.00 as hawkish Fed narrative takes hold
The US Dollar trades higher as financial markets embrace hawkish Federal Reserve (Fed) view. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.35% higher to near 100.90, the highest level seen in over seven weeks.
Wed, Sep 23
Euro rallies against a weak British Pound as UK business activity disappoints
The Euro (EUR) accelerates its recovery against the British Pound (GBP) on Wednesday as mixed UK Purchasing Managers' Index (PMI) figures reveal that inflationary pressures have weighed heavily on business activity in September.
Wed, Sep 23
Swedish Krona: Growth and future rate outlook favour SEK – Societe Generale
Kit Juckes at Societe Generale argues that Swedish Krona (SEK) is poised to benefit from Sweden’s superior growth outlook and expected Riksbank tightening.
Wed, Sep 23
Crypto Today: Bitcoin and Ethereum consolidate gains as XRP extends breakout
Bitcoin (BTC) is moderating on Wednesday, trading near $86,000 as the crypto market broadly consolidates. Ethereum (ETH) mirrors BTC’s stable outlook, holding above $2,700. Ripple (XRP), meanwhile, edges higher for the sixth consecutive day, currently sitting above $1.61 as bulls tighten their grip.
Wed, Sep 23
Oil: Prices retreat on Saudi exports and US data – ING
ING strategists Ewa Manthey and Warren Patterson note that Brent and WTI have sold off sharply as expectations of higher Saudi crude exports, progress in US-Iran talks and a surprise US inventory build ease Middle East supply concerns.
Wed, Sep 23
Silver price falls as Fed tightening bets, US-Iran talks curb safe-haven demand
Silver (XAG/USD) extends its decline on Wednesday, trading around $65.20 at the time of writing, down 2.80% on the day. The white metal retreats further from the $68.00 area as a stronger US Dollar (USD) and a hawkish repricing of the US interest rate outlook weigh on precious metals.
Wed, Sep 23
Gold falls as Fed rate hike bets lift US Dollar to two-month high
Gold (XAU/USD) trades on the back foot on Wednesday as expectations of further Federal Reserve (Fed) rate hikes lift the US Dollar (USD) and weigh on the non-yielding metal. At the time of writing, XAU/USD trades around $4,315, down 1.0% on the day.
Wed, Sep 23
Japanese Yen exposes to two-week low against US Dollar, US PMI eyed
The Japanese Yen (JPY) continues to underperform against the US Dollar (USD), with the USD/JPY pair trading 0.3% higher to near 157.85 during the European session on Wednesday. The USD/JPY pair is little far from the two-week high of 158.05 posted on Friday.
Wed, Sep 23
British Pound tests 12-week lows amid mixed UK PMIs and US Dollar strength
The British Pound (GBP) accelerates its decline against the US Dollar (USD) on Wednesday, with the GBP/USD pair trading a few pips above 1.3272, its lowest price since July 2.
Wed, Sep 23
Euro: PMI strength limits downside against US Dollar – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports EUR/USD is weaker on broad Dollar strength, but Eurozone data and European Central Bank (ECB) expectations cushion the downside. September Eurozone Purchasing Managers' Index (PMI) beat forecasts, supporting additional ECB hikes.
Wed, Sep 23
Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining traction
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Wed, Sep 23
Australian Dollar: Bearish outlook retained below 0.7140 - UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann describe AUD/USD price action as range-bound around 0.7115, with intraday expectations for 0.7095–0.7125.
Wed, Sep 23
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $65.45 per troy ounce, down 2.42% from the $67.07 it cost on Tuesday.
Wed, Sep 23
