Archives: FX News

Bugün FXstreet Newswires

The latest news that can have the most noticeable market impact

16:40
May 23, 2019
Fed’s Daly: Tariffs on Chinese imports could help push inflation closer to target
Echoing Dallas Fed President Kaplan's comments from yesterday, San Francisco Fed President Daly today said that the tariffs imposed by the Trump administration on Chinese imports could help push inflation closer to the Fed's 2% target.
16:30
May 23, 2019
EUR/GBP clings to modest daily gains above 0.88
Political drama continues to weigh on the GBP. Uninspiring PMI data from Europe doesn't allow euro to gather strength. Coming up on Friday: Retail sales data from the UK. The EUR/GBP pair dropped below the 0.88 handle today but didn't have a difficult time reversing its direction and moving into the positive territory. At the
16:20
May 23, 2019
USD/CHF breaks the 1.0050 barrier and hits 1-month lows
Swiss Franc extends gains across the board even after US Dollar reversal.  USD/CHF having the worst performance in months heads for the lowest close since mid-April.  The USD/CHF was falling modestly on Thursday amid increasing demand for safe-haven assets. Recently it accelerated to the downside on the back of a sharp decline of the US
15:50
May 23, 2019
AUD/USD technical analysis: Dead-cat-bounce vs. Bottom on the Aussie
AUD/USD daily chart AUD/USD is trading in a bear trend below its main simple moving averages (SMAs) while at multi-month low. The Aussie has been consolidating its losses in the last four days.  AUD/USD 4-hour chart AUD/USD is in a range below its main SMAs while bulls are attempting to form a base. The current
15:30
May 23, 2019
USD/JPY trades at weekly lows near 109.70 as risk aversion dominates
10-year US T-bond yield drops to lowest level since Dec. 2017. US stocks suffer heavy losses on Thursday. US Dollar Index fails to hold above 98. The USD/JPY pair met a renewed selling pressure in the American trading hours amid intensifying flight-to-safety and touched its lowest level in a week at 109.68. As of writing,
15:30
May 23, 2019
EUR/USD bounces sharply and turns positive as US Dollar tumbles
DXY reverses dramatically from weekly highs and drops into negative territory.  Euro remains among worst performers but erased losses versus US Dollar.  The EUR/USD pair reversed significantly over the last two hours and erased daily losses. The euro went from trading at the lowest since May 2017 to print fresh daily highs in a few
15:20
May 23, 2019
US Dollar Index technical analysis: DXY loses traction as the bears challenge the 98.00 figure
DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).  DXY 4-hour chart The greenback didn’t find acceptance above the 2019 high at 98.34. Although the market reached 98.34 on an intraday basis this Thursday it seems unlikely the market is going to close
15:10
May 23, 2019
United States Kansas Fed Manufacturing Activity declined to 2 in May from previous 12
14:40
May 23, 2019
United States EIA Natural Gas Storage Change below forecasts (104B) in May 17: Actual (100B)
14:40
May 23, 2019
GBP/USD technical analysis: Small correction up above 1.2600 on USD weakness
GBP/USD daily chart GBP/USD has been under extreme selling pressure in the last weeks of trading.  GBP/USD 4-hour chart GBP/USD is trading below its main simple moving averages a suggesting bearish bias in the near term.  GBP/USD 30-minute chart GBP/USD is trading below its main SMAs suggesting a bearish bias in the short term. As