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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.
Argentina Tax Revenue (MoM) dipped from previous 21513B to 20017B in June
Argentina Tax Revenue (MoM) dipped from previous 21513B to 20017B in June
Thu, Jul 2
Chinese Yuan: PMI resilience but trade risks grow – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao report that China’s private manufacturing PMI eased slightly to 51.7 but still delivered the strongest quarter in nearly six years, with official PMIs also beating expectations.
Thu, Jul 2
Singapore Dollar: Range bias holds near recent lows against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD closed at 1.2960 after a volatile session, with intraday swings between 1.2938 and 1.2975. For the coming day, he expects the pair to stay confined within a narrow 1.2935–1.2975 band.
Thu, Jul 2
USD/CHF Price Forecast: A shooting star forms, bear's eye 0.8000
The USD/CHF recoils from two-day highs at 0.8120 after weaker-than-expected US data weighed on the Greenback, which trades with losses of 0.55% against a basket of six currencies, known as the US Dollar Index (DXY). The pair trades at 0.8035, near ten-day lows.
Thu, Jul 2
Gold surges as weak US NFP knocks US Dollar
Gold (XAU/USD) price soars over 2% on Thursday after the latest US employment report reduced the chances of a Federal Reserve (Fed) rate hike and pushed the US Dollar (USD) and US Treasury yields lower. The XAU/USD pair trades at $4,111 after bouncing off daily lows of $4,032.
Thu, Jul 2
Strategy's STRC volatility points to late Bitcoin cycle reset — Bitwise
The recent volatility surrounding Strategy's perpetual preferred stock, STRC, could signal that Bitcoin (BTC) is approaching a cycle bottom, according to Bitwise CIO Matt Hougan.
Thu, Jul 2
USMCA: Prolonged negotiation cycle, not rupture – Societe Generale
Societe Generale’s Dev Ashish expects a drawn-out USMCA negotiation process rather than agreement expiry, highlighting comments from Mexican and US officials that downplay irreconcilable differences.
Thu, Jul 2
Forex Today: US Dollar weakens after softer US jobs data
The US Dollar Index (DXY) came under pressure near the 100.90 level after the latest United States (US) employment report showed a clear slowdown in hiring. Nonfarm Payrolls rose by only 57,000 in June, while May’s gain was revised down to 129,000 from 172,000.
Thu, Jul 2
AUD/USD Price Forecast: Bearish bias persists below 0.7000
The Australian Dollar (AUD) trades on the front foot against the US Dollar (USD) on Thursday as a weaker-than-expected US Nonfarm Payrolls (NFP) report pushed back expectations of an imminent Federal Reserve (Fed) interest rate hike.
Thu, Jul 2
Crude Oil forgets the war and shrugs at the tollbooth
Crude Oil finished Thursday at its lowest level in 18 weeks, which means the vast risk premium that built up around this year's conflict has fully bled away, back to pre-war levels.
Thu, Jul 2
United States Dollar Index retreats after the US economy adds just 57K jobs in June
The US Dollar Index (DXY) trades under pressure on Thursday as weaker-than-expected US Nonfarm Payrolls (NFP) data dent expectations of a near-term Federal Reserve (Fed) rate hike.
Thu, Jul 2
United States Baker Hughes US Oil Rig Count increased to 445 from previous 440
United States Baker Hughes US Oil Rig Count increased to 445 from previous 440
Thu, Jul 2
The Dow Jones Industrial Average sets records while the chips fall
A June jobs report that undershot expectations by nearly half sent the Dow Jones Industrial Average (DJIA) to a fresh intraday record on Thursday, which reads like a contradiction until you look at what actually moved.
Thu, Jul 2
Asian FX: Scope for sharp rebound on US pressure – BNY
BNY’s Geoff Yu notes that clients have largely capitulated on Japanese Yen (JPY) and South Korean Won (KRW) longs as these currencies stay weak versus US Dollar (USD) and Chinese Yuan (CNY).
Thu, Jul 2
Australian Dollar rises as weak US NFP weighs on the US Dollar
The AUD/USD pair climbed near the 0.6930 area on Thursday as the US Dollar (USD) came under pressure following softer-than-expected United States (US) labor market data.
Thu, Jul 2
New Zealand Dollar advances as weaker US employment data weighs on US Dollar
NZD/USD rises 0.59% on Thursday to trade around 0.5705 at the time of writing, supported by a sharp decline in the US Dollar (USD) following the release of a significantly weaker-than-expected US employment report.
Thu, Jul 2
British Pound rallies as weak NFP smashes Fed hike bets
The Pound Sterling registers solid gains versus the US Dollar on Thursday after the latest US employment report missed estimates, reducing the chances of a Federal Reserve rate hike. The GBP/USD trades at 1.3359, down 0.64%.
Thu, Jul 2
Germany: Reform drive supports growth narrative – ING
ING’s Carsten Brzeski analyses a new German government reform package focused on cutting red tape, increasing labour market flexibility, and capping healthcare and pension costs to restore competitiveness.
Thu, Jul 2
Silver Price Forecast: Weak NFP pushes XAG/USD to the top of its weekly range
Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD trades around $61.15, up nearly 3.50% on the day.
Thu, Jul 2
United States 4-Week Bill Auction fell from previous 3.61% to 3.605%
United States 4-Week Bill Auction fell from previous 3.61% to 3.605%
Thu, Jul 2
