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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.
GBP/USD recovers ground as markets tilt into risk-on sentiment
GBP/USD finally broke back above 1.2600 on Wednesday, propelled higher by a broad-market softening in the Greenback’s recent bullish stance.
Nov 28, 2024

Ripple's XRP eyes rally to $2.58 as whales step up buying pressure
Ripple's XRP rallied 6% on Wednesday following increased buying pressure among whales in the past two weeks. The remittance-based token could stage a move to $2.58 amid increased institutional interest in the launch of an XRP exchange-traded fund (ETF) in the US.
Nov 28, 2024

EUR/USD gains ground, but recovery remains limited
EUR/USD caught a broad-market bid on Wednesday, taking a new run at the 1.0600 handle during the midweek market session. Fiber’s bullish rebound was due mostly to investors broadly taking a step out of recent Greenback buying pressure, rather than any instrinsic strength within the Euro itself.
Nov 28, 2024

US expected to unveil further AI chip sanctions against China on Monday
The US is expected to announce another set of measures on Monday designed to further restrain China's ability to develop advanced artificial intelligence, per WIRED.
Nov 28, 2024

Crude Oil ticks up rumours picking up on OPEC+ discussions
OPEC+ has started discussions on its production restart plans.
Nov 27, 2024

Silver Price Forecast: XAG/USD consolidates around $30.50 as US PCE inflation takes center stage
Silver price oscillates around $30.50 as the focus shifts to US PCE inflation data for October.
Nov 27, 2024

Mexican Peso trades flat but tense on escalating war of words
The Mexican Peso (MXN) trades flat as one of the country’s trademark tortillas on Wednesday after closing on average over 1.5% lower on Tuesday, however, markets remain tense as the rhetoric ramps up between the two countries’ leaders.
Nov 27, 2024

New Zealand: RBNZ delivers another 50 bps cut to OCR at last 2024 meeting – UOB Group
The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 50 bps to 4.25%.
Nov 27, 2024

Gold price builds on Tuesday’s bounce from one-week low, climbs closer to $2,650
Gold price gains follow-through traction for the second day amid trade war concerns.
Nov 27, 2024

USD/CAD Price Forecast: Bulls have the upper hand, move back above 1.4100 awaited
USD/CAD regains some positive traction and draws support from a combination of factors.
Nov 27, 2024

Silver Price Forecast: XAG/USD tests key resistance zone near $30.50
Silver price (XAG/USD) remains steady near $30.50 per troy ounce during the Asian hours on Wednesday.
Nov 27, 2024

Australian Dollar advances despite lower-than-expected monthly Consumer Price Index
The Australian Dollar (AUD) halts its three-day losing streak on Wednesday as the US Dollar (USD) remains subdued amid bond market optimism. Additionally, the Reserve Bank of Australia's (RBA) hawkish outlook on future interest rate decisions provides support for the AUD.
Nov 27, 2024

Bitcoin remains short of $100K as long-term holders capitalize on recent price rise
Bitcoin (BTC) trades below $95K on Tuesday following increased selling pressure among long-term holders (LTH) after a series of new all-time highs (ATH).
Nov 27, 2024

USD/CAD drifts lower to near 1.4050, potential downside seems limited amid Trump tariff threat
The USD/CAD pair trades with mild losses around 1.4055 during the early Asian session on Wednesday. The Canadian Dollar (CAD) recovers some lost ground after reaching a 55-month low due to US President-elect Donald Trump vowing tariffs on Mexico and Canada and extra tariffs on China.
Nov 27, 2024

EUR/USD flattens near 1.05 in the run-up to EU inflation figures
EUR/USD cycled the 1.0500 handle on Tuesday, with Fiber price action drifting into the near-term middle ground as directional momentum drains out of the pair. The economic calendar is an overall thin affair this week, with the US Thanksgiving holiday on Thursday trimming late-week market momentum.
Nov 27, 2024

WTI recovers above $68.50 on a large surprise crude draw
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.75 on Wednesday. The WTI price edges higher amid the uncertainty for the US oil industry and the large surprise crude draw.
Nov 27, 2024

BoE’s Lombardelli: More evidence needed before next rate cut
Bank of England (BoE) Deputy Governor Clare Lombardelli said on Tuesday that she needs to see more evidence of cooling price pressures before she backs another interest rate reduction, per Bloomberg.
Nov 27, 2024

Gold price partially reverses previous week's significant gains – Commerzbank
The Gold price lost more than 3% on Monday and fell to $2,620 per troy ounce, Commerzbank’s commodity analyst Carsten Fritsch notes.
Nov 26, 2024

Crude Oil recovers on tariffs and ceasefire talks
Crude Oil tries recover by jumping nearly 1% on Tuesday ahead of weekly Crude Oil stockpile change numbers from the American Petroleum Institute (API).
Nov 26, 2024

EUR/CAD rallies above 1.4800 as US Trump threatens higher tariffs on Canada
The EUR/CAD pair soars to near 1.4830 in European trading hours on Tuesday.
Nov 26, 2024



