FXStreet

  • BreakingAUD/USD drops to over 2-week lows, around mid-0.7300s
       •  USD continues gaining traction following Powell’s upbeat comments.   •  Subdued copper prices do little to lend any support and stall the downfall.The Aussie remained on the back-foot against its American counterpart, with the AU…
    - 3 mins ago, 18 Jul 18, 6:42am -
  • BreakingFed: September hike probability surges close to 90% - Danske Bank
    Analysts at Danske Bank explain that the relatively upbeat rhetoric from Fed Chair Jerome Powell last night pushed short-term yields higher and the market is now pricing in a September hike by close to a 90% probability.Key Quotes“The curve 2Y1…
    - 6 mins ago, 18 Jul 18, 6:39am -
  • BreakingEUR/GBP poised for extra upside – Danske Bank
    Strategist at Danske Bank Vladimir Miklashevsky noted the European cross could edge higher in the short term horizon.Key Quotes“GBP was sold off yesterday on reports that UK PM Theresa May could lose the vote in the House of Commons on a pro-Eu…
    - 8 mins ago, 18 Jul 18, 6:37am -
  • BreakingECB Research: ECB's bond-buying may have cut income inequality, but only a bit
    A fresh research conducted by the European Central Bank (ECB) economists showed that the central bank’s EUR 2.6 trillion assets purchase scheme may have reduced income inequality, putting at rest the dispute that claims the lavish stimulus mainly b…
    - 11 mins ago, 18 Jul 18, 6:34am -
  • BreakingUK: CPI inflation likely to print 2.5% for June – Nomura
    Analysts at Nomura suggest that rising oil prices and household energy bills together are likely to add between 0.1pp and 0.2pp to the annual rate of CPI inflation in June for the UK economy.Key Quotes“Our forecast for CPI inflation is on the c…
    - 11 mins ago, 18 Jul 18, 6:34am -
  • BreakingGBP: Under pressure? – Danske Bank
    Analysts at Danske Bank points out that GBP was sold off yesterday on reports that UK PM Theresa May could lose the vote in the House of Commons on a pro-European EU custom union amendment.Key Quotes“May survived the vote last night, but GBP re…
    - 16 mins ago, 18 Jul 18, 6:29am -
  • BreakingEUR/USD downside bias in play below 1.1723/90 – Commerzbank
    According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair should keep looking south while below 1.1723/90.Key Quotes“EUR/USD sold off yesterday charting an outside day to the downside. Rallies have not been enough to di…
    - 22 mins ago, 18 Jul 18, 6:23am -
  • BreakingWhen are the UK CPIs and how could they affect GBP/USD?
    The UK June CPIs OverviewThe cost of living in the UK as represented by the consumer price index (CPI) is due later today at 0830 GMT. The headline CPI inflation is expected to tick lower to 0.2% m/m in June while the annualized figure is seen firm…
    - 30 mins ago, 18 Jul 18, 6:15am -
  • BreakingEUR/USD clattering into familiar lows as the Greenback surges ahead of the EU's CPI release
    The Euro is looking over the edge at further losses as the Fed-ECB divergence looks set to widen further.EU inflation figures due for Wednesday could push the EUR further down if the figures disappoint.The EUR/USD is knocking further into bearish…
    - 32 mins ago, 18 Jul 18, 6:13am -
  • BreakingChina: Growth slowdown story remains intact – Nomura
    Analysts at Nomura suggest that based on detailed Q2 GDP breakdown data of Chinese economy which was released by the National Bureau of Statistics, they estimate the contribution from service sector to real GDP growth declined to 4.1 percentage point…
    - 1 hour ago, 18 Jul 18, 5:45am -

FXStreet Headlines

FOREX LIVE Headlines

  • BreakingThings may get a lot worse before they get better for gold
    Gold falls to 12-month lows in trading todayForexLiveAnd in overnight trading, price fell below the December low @ $1,236.55 and since then it's been a continued push lower. But more to the point is that the fundamental driver behind gold's decline…
    - 9 mins ago, 18 Jul 18, 6:36am -
  • BreakingIt's all about the dollar so far today
    The greenback is the best performing major currency thus farForexLiveFor all the worries after the U-turn seen on Friday, we're back at trading near those levels once again now. The dollar is trading at the highs for the day currently, with the dol…
    - 29 mins ago, 18 Jul 18, 6:16am -
  • BreakingEurostoxx futures +0.2% in early European trading
    European equity futures higher in early tradesForexLiveMainly following the positive sentiment from Wall St in overnight trading where we saw a U-turn in tech stocks leading to the Nasdaq closing at record highs. Bodes well for the cash equity mark…
    - 42 mins ago, 18 Jul 18, 6:03am -
  • BreakingNikkei 225 closes higher by 0.43% at 22,794.19
    Tokyo's main index closes the day higher once again- Session high 22,949.32- Session low 22,807.81ForexLiveOnce again, exporter stocks are leading the charge with the weakening yen fueling gains in the Nikkei. In other Asian markets, the Hang Sen…
    - 45 mins ago, 18 Jul 18, 6:00am -
  • BreakingTrading ideas for the European session - 18 July 2018
    Daily thread to exchange ideas and to share your thoughtsYesterday's trading saw good two-way action to be had, will we see more of the same today? Can the dollar follow through with a break higher? Share your thoughts/ideas with the rest of the…
    - 54 mins ago, 18 Jul 18, 5:51am -
  • BreakingChart in focus: NZD/USD. Powell US positive, NZD still under pressure
    Powell keeps USD on trackYesterday Jerome Powell gave his testimony on the state of the US economy. You can read some of the highlights Greg reported on from the He was generally upbeat about the US economy and the USD has been bid since his statem…
    - 1 hour ago, 18 Jul 18, 5:37am -
  • BreakingOffshore yuan weakens to near-twelve months low against the dollar
    USD/CNH briefly spikes to its highest level since 28 July 2017ForexLiveThe dollar's momentum looks unrelenting so far today, with the offshore Chinese yuan falling to almost a year's low against the greenback. To put things into context, the offsho…
    - 1 hour ago, 18 Jul 18, 5:36am -
  • BreakingEUR/USD touches session low as the greenback extends gains
    EUR/USD touches a low of 1.1635 on the dayForexLiveThe dollar is continuing its upside momentum on the day, with bids across the board to trade at session highs against almost all the major currencies right now. EUR/USD is down to 1.1635 with GBP/U…
    - 1 hour ago, 18 Jul 18, 5:20am -
  • BreakingUK PM May said to have threatened rebels with general election
    According to a report by The TimesIt was such a mess of a situation yesterday, with May looking like she was headed for a defeat and a . But in the dying moments,  (by 6 votes!) - but really, at what cost?
    - 2 hours ago, 18 Jul 18, 5:12am -
  • BreakingGBP/USD: Sellers in control, but buyers not giving up just yet
    GBP/USD continues to trade around the 1.3100 handleForexLiveYesterday's dip on Brexit worries saw the pair fell to a low of 1.3070 but soon rebounded as Theresa May managed to hold off Brexiteers with yet another narrow victory on the customs amend…
    - 2 hours ago, 18 Jul 18, 4:43am -