FXStreet
72941 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.
South Korean Won: Intervention risks support KRW against US Dollar – DBS
Chang Wei Liang at DBS Group Research notes that KRW is currently the best performing Asian currency, supported by strong semiconductor demand and reported FX intervention coordination between Korea, the US and Japan.
Fri, Aug 7
EUR/USD Price Forecast: Buyers eye a break above the 100-day SMA
EUR/USD edges higher on Friday, supported by a softer US Dollar (USD) as traders scale back Federal Reserve (Fed) rate-hike bets following a disappointing US Nonfarm Payrolls (NFP) report. At the time of writing, the pair trades around 1.1562, hovering near a seven-week high.
Fri, Aug 7
Gold rallies as mediocre US NFP crushes Fed rate hike bets
Gold (XAU/USD) skyrockets on Friday, gaining over 2.30% in the day and more than 7% in the week after US jobs data was mixed, with a softer Nonfarm Payrolls print while the Unemployment Rate remained steady.
Fri, Aug 7
Indonesia: Modest growth outlook – Standard Chartered
Standard Chartered’s Aldian Taloputra notes Indonesia’s Q2 GDP grew 5.3% year-on-year, slowing from 5.6% but beating consensus. Stronger-than-expected H1 data leads the bank to raise its 2026 GDP forecast to 5.3%.
Fri, Aug 7
Dow Jones Industrial Average dodges a hike December still prices
The American labour market contracted in July and the Dow Jones Industrial Average answered with a gain of roughly 65 points, a tenth of a percent, trading near 54,000 into the afternoon.
Fri, Aug 7
New Zealand Dollar advances as US labor market weakness pressures the USD
NZD/USD trades around 0.5890 on Friday at the time of writing, up 0.36% on the day.
Fri, Aug 7
Gold vs Bitcoin Price Prediction: Recovery gains traction after unexpected decline in NFP
Gold (XAU/USD) is gaining momentum on Friday, trading above $4,350 after the United States (US) Bureau of Labor Statistics (BLS) released the Nonfarm Payrolls (NFP) report. Bitcoin (BTC) shows signs of a steady recovery above $65,000, buoyed by growing risk-on sentiment.
Fri, Aug 7
Canada: Gradual improvement with tariff risks – RBC
Royal Bank of Canada’s (RBC) Nathan Janzen reports that Canada’s labour market strengthened in July, with a 75k employment gain following robust increases in May and June and a decline in the unemployment rate to 6.4%.
Fri, Aug 7
Australian Dollar climbs near two-month highs as NFP turns negative
The AUD/USD pair surged to its highest in nearly two months past 0.7070 earlier on Friday, following the release of the United States (US) Nonfarm Payrolls (NFP) report. The move owes nothing to Australia.
Fri, Aug 7
NY Fed inflation expectations ease modestly in the short term
The New York Fed Survey of Consumer Expectations shows that households’ inflation expectations decreased slightly over the short-term horizon and remained unchanged at the medium and longer-term horizons. One-year inflation expectations eased from 3.7% in June to 3.6% in July
Fri, Aug 7
Natural Gas: Higher price forecasts on LNG squeeze – Commerzbank
Norman Liebke at Commerzbank has revised Gas and German power price forecasts higher, citing tighter European storage, increased reliance on LNG and structural constraints on Qatari exports. The phase-out of Russian Gas from 2027 adds upside risk.
Fri, Aug 7
US Dollar: Payrolls-driven consolidation as CPI looms – TD Securities
TD Securities strategists note that the US Dollar (USD) weakened after the disappointing July Payrolls report, but see limited downside against G10 currencies unless softer US inflation further reduces Fed hike expectations.
Fri, Aug 7
Federal Reserve: Fed focus shifts to jobs – ABN AMRO
ABN AMRO’s Chief Economist Nick Kounis highlights renewed US labour market weakness, with Nonfarm Payrolls falling and household employment data softening. He notes the unemployment rate declined as labour force participation dropped to multi-decade lows, signalling cyclical weakness.
Fri, Aug 7
Swiss Franc gains against US Dollar after surprise decline in US payrolls
USD/CHF edges lower on Friday, erasing most of the previous day’s gains as the US Dollar (USD) weakens following a downside surprise in the US Nonfarm Payrolls (NFP) report. At the time of writing, the pair trades around 0.8080, down 0.53% on the day.
Fri, Aug 7
Canada: Labour market resilience supports cautious Bank of Canada – NBC
National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme highlight robust Canadian labour data for July, with 75.1K jobs added, a lower unemployment rate and stronger private-sector hiring.
Fri, Aug 7
Gold: Discretionary demand keeps bulls in control - TD Securities
TD Securities strategists Ryan McKay and Bart Melek highlight that strong discretionary and Asian buying is supporting Gold, even as CTA (Commodity Trading Advisors) positioning has plateaued.
Fri, Aug 7
Canadian Dollar jumps after North American jobs double surprise
USD/CAD declines sharply on Friday, trading around 1.3940 at the time of writing, down 0.53% on the day, hitting its lowest level since June.
Fri, Aug 7
United States Dollar Index tumbles as NFP shock trims Fed hike bets
The US Dollar Index (DXY), which tracks the buck’s value against a basket of six currencies, is down 0.36%m at 99.58 following a weaker-than-expected US jobs report. The data has eased pressures on the Federal Reserve to hike rates, as inflation remains stubbornly above the Fed’s 2% goal.
Fri, Aug 7
Brent: Volatile path as Hormuz risk lingers – Commerzbank
Commerzbank’s Carsten Fritsch sees continued volatility in Brent as Strait of Hormuz negotiations remain unresolved and inventories tighten.
Fri, Aug 7
US Dollar: Weak payrolls cloud Fed path – ING
ING’s Chief International Economist James Knightley notes that the weak July US jobs report has pushed market pricing away from a September Federal Reserve rate hike, with the Dollar softening and 2-year yields falling.
Fri, Aug 7
