FXStreet
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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.
Top AI Coins Forecast: Bittensor, Near Protocol gain as Wintermute plans $1B AI bet
Wintermute, a London-based algorithmic trading company and liquidity provider, is planning to invest roughly $1 billion in high-frequency trading and Artificial Intelligence (AI) data centers over the next five years.
Wed, Aug 12
Euro steadies against Pound Sterling as traders await UK GDP verdict
The Euro (EUR) steadies against the Pound Sterling (GBP) on Wednesday, with EUR/GBP trading flat near the 0.8540 zone after two consecutive declines.
Wed, Aug 12
Emerging Markets: Steepening Treasuries curb appeal – BNY
BNY’s Geoff Yu reports that sovereign bonds from commodity-based EM economies have seen accelerated selling after the Fed decision, despite a weaker Dollar and lower U.S. real yields.
Wed, Aug 12
United States EIA Crude Oil Stocks Change above forecasts (-1.4M) in August 7: Actual (17.422M)
Wed, Aug 12
British Pound: Improving sentiment supports gains against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is posting fractional gains versus the US Dollar (USD) and outperforming G10 peers as improving sentiment supports price action.
Wed, Aug 12
Canadian Dollar steadies as US inflation meets expectations, Oil limits downside
USD/CAD trades around 1.3915 on Wednesday at the time of writing, virtually unchanged on the day with a modest decline of 0.06%.
Wed, Aug 12
Pound Sterling retains gains as US CPI trims September Fed hike odds
GBP/USD trades modestly higher on Wednesday as the US Dollar comes under mild pressure following the release of the latest US inflation figures. However, the market reaction remains limited as the data broadly matched expectations.
Wed, Aug 12
Brazil: Lula victory could deepen fiscal risks - Societe Generale
Societe Generale analysts Brendan McKenna and Dev Ashish outline scenarios for Brazil’s 2026 election, assigning a 65% probability to President Lula winning a fourth term and 30% to Flavio.
Wed, Aug 12
United Kingdom: Resilience tested as data mixed – Rabobank
Rabobank's Senior FX Strategist Jane Foley reviews recent United Kingdom (UK) data against Eurozone performance. Foley notes Eurozone Q2 Gross Domestic Product (GDP) at 0.4% q/q and a 0.7% UK upturn in the three months to May.
Wed, Aug 12
Oil: Chinese demand recovery could lift prices – NBC
National Bank of Canada's (NBC) Jocelyn Paquet analyzes how China’s sharp reduction in petroleum imports helped offset the Middle East supply shock and limit Oil price gains. The July rebound in Chinese imports is highlighted as historically large in percentage terms.
Wed, Aug 12
Euro remains little changed as US CPI fails to surprise the markets
EUR/USD trades around 1.1550 on Wednesday at the time of writing, up a modest 0.08% on the day.
Wed, Aug 12
United States Consumer Price Index Core s.a increased to 336.789 in July from previous 336.065
Wed, Aug 12
United States Consumer Price Index n.s.a (MoM) below forecasts (333.99) in July: Actual (333.92)
Wed, Aug 12
United States Consumer Price Index ex Food & Energy (MoM) in line with expectations (0.2%) in July
Wed, Aug 12
Ripple Price Forecast: XRP lags recovery as exchange reserves expand
Ripple (XRP) is trading within a broadly constrained technical structure, with support at $1.00 and key moving averages limiting its recovery potential. In August, the remittance token declined by approximately 6.5%, extending its total pullback to around 14% from July's $1.18 peak.
Wed, Aug 12
IEA forecasts 4.3 million bpd drop in global Oil supply
The International Energy Agency (IEA) cut its global Oil supply and demand forecasts for 2026 amid shipping disruptions in the Middle East.
Wed, Aug 12
Australian Dollar: Gradual gains against US Dollar remain likely – MUFG
MUFG’s Michael Wan reports the Reserve Bank of Australia kept its policy rate at 4.35% in a unanimous decision. AUD/USD initially dipped on the statement but later rebounded as Governor Bullock reiterated hawkish inflation concerns.
Wed, Aug 12
US Dollar: Soft CPI risks weigh on outlook – ING
ING’s Chris Turner expects US July CPI to be the key driver for the Federal Reserve’s next move, with consensus looking for subdued headline and core readings that edge closer to the 2% target.
Wed, Aug 12
Japanese Yen: Intervention doubts as flows favor US Dollar – BNY
BNY’s Wee Khoon Chong highlights that institutional investors bought Dollar and sold Japanese Yen after the June BoJ hike, and again following late-July joint intervention to weaken USD/JPY. Despite official action, real money treated the move as a USD/JPY buying opportunity.
Wed, Aug 12
New Zealand Dollar slides as Middle East tensions give US Dollar the upper hand
NZD/USD extends its decline for a third consecutive day on Wednesday and trades around 0.5860 at the time of writing, down 0.28% on the day.
Wed, Aug 12
