FXStreet
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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.
Federal Reserve: Scenarios into FOMC – DBS
DBS Group Research economist Eugene Leow notes that investors remain cautious on upcoming FOMC decisions, with markets pricing a 34% chance of a July hike and nearly full odds for September.
Tue, Jul 28
Euro nears three-week high against British Pound on UK fiscal concerns, BoE outlook
EUR/GBP holds firm on Tuesday, extending its recovery from the more than one-year low touched earlier this month as diverging monetary policy expectations between the European Central Bank (ECB) and the Bank of England (BoE), along with UK fiscal concerns, weigh on the British Pound (GBP).
Tue, Jul 28
New Zealand Dollar struggles as firm US Dollar keeps NZD/USD pinned
NZD/USD trades around 0.5770 on Tuesday at the time of writing, slightly lower on the day. The New Zealand Dollar (NZD) remains pressured by the firm US Dollar (USD), which continues to benefit from safe-haven demand amid persistent geopolitical tensions.
Tue, Jul 28
Ripple Price Forecast: XRP sell-off deepens toward $1.00 despite surge in Open Interest
Ripple (XRP) continues to trade under increasing pressure on Tuesday. This marks the second consecutive day of declines, reflecting broader risk-off sentiment as investors appear to shift gears in anticipation of the Federal Reserve (Fed) interest rate decision.
Tue, Jul 28
US ADP Employment Change 4-week average drops to 15K
Private-sector hiring in the US has further cooled in mid-July. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 15K jobs per week in the four weeks ending July 11.
Tue, Jul 28
Analysts warn: The market might be ahead of itself with the recent Oil selloff
Crude Oil prices hold at one-week lows on Tuesday, after having depreciated more than 12% from last week's highs.
Tue, Jul 28
Swiss Franc: Tariffs and steady SNB stance pressure currency – Commerzbank
Commerzbank’s Michael Pfister notes that reports of the Swiss National Bank (SNB) planning to keep rates unchanged until early 2028, if accurate, clash with still-ambitious market expectations for hikes by 2027.
Tue, Jul 28
British Pound drops against US Dollar, Fed-BoE policy in focus
The British Pound (GBP) extends its decline against the US Dollar (USD) to near 1.3277 during the European trading session on Tuesday, the lowest level seen in over three weeks.
Tue, Jul 28
Australian Dollar: Inflation risks keep hike debate alive – TD Securities
TD Securities strategists expect the Reserve Bank of Australia’s (RBA) preferred core Consumer Price Index (CPI) to rise 0.9% q/q in Q2, matching consensus and up from 0.8% in Q1. This would lift annual core inflation to 3.7%, just below the RBA’s 3.8% projection.
Tue, Jul 28
EUR/USD Price Forecast: Under pressure with YTD lows at 1.1324 coming closer
The Euro (EUR) is failing to draw any significant support from the truce in the Middle East and the lower Oil prices and keeps heading south against the US Dollar (USD) on Tuesday. EUR/USD bears are testing fresh one-month lows below 1.1360, drawing near the year-to-date low of 1.1324.
Tue, Jul 28
$4,000: Gold’s key support faces a crucial Fed test
Gold (XAU/USD) trades on the back foot on Tuesday, pressured by a firmer US Dollar (USD), even as Oil prices extend their pullback on hopes of an end to the US-Iran war.
Tue, Jul 28
CEE FX: Normalising rates leave room for gains – ING
ING’s Frantisek Taborsky notes Central and Eastern European (CEE) rate curves have repriced sharply, with more tightening now expected in Czech Republic and Poland and further easing in Hungary.
Tue, Jul 28
Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists
Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively.
Tue, Jul 28
Australian Dollar underperforms after RBA Bullock’s remarks on economy
The Australian Dollar (AUD) is down against its major currency peers, trading 0.35% lower at around 0.6965 against the US Dollar (USD) during the European trading session on Tuesday.
Tue, Jul 28
Japanese Yen stays range-bound as Fed, BoJ seen on hold but hawkish
USD/JPY trades around 163.90 on Tuesday at the time of writing, up 0.11% on the day, as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy decision on Wednesday and the Bank of Japan’s (BoJ) policy announcement on Friday.
Tue, Jul 28
Pi Network Price Forecast: PI declines further, risking fresh record lows
Pi Network (PI) price is trading in the red on Tuesday, extending losses after a 7% decline the previous day. The PI token faces intense downside pressure as broader crypto market sentiment deteriorates, risking a steeper decline below the record low of $0.0700.
Tue, Jul 28
Indonesian Rupiah: Leadership change at BI sustains rupiah pressure – Commerzbank
Commerzbank’s Moses Lim argues that Bank Indonesia Governor Perry Warjiyo’s surprise resignation, following earlier high-profile departures, heightens concerns over policy continuity and institutional credibility as the Indonesian Rupiah (IDR) trades near historic lows versus the US Dollar (USD).
Tue, Jul 28
Bitcoin Price Forecast: BTC slips below $64,000 as risk-off sentiment grips markets
Bitcoin (BTC) is extending its correction, trading below $64,000 at the time of writing on Tuesday after losses of over 2.5% the previous day.
Tue, Jul 28
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $57.53 per troy ounce, down 1.49% from the $58.40 it cost on Monday.
Tue, Jul 28
US Dollar: Fed hike odds and asymmetric risks – DBS
DBS Group Research’s Philip Wee notes that the Dollar is trading on diverging themes versus Developed Market and Asia-ex Japan currencies, with Fed expectations central. Futures are pricing a 38% chance of a surprise rate hike at Fed Chairman Kevin Warsh’s second FOMC meeting.
Tue, Jul 28
