Forex News & Analysis

WTI advances to two-week high, above $68.00 amid Middle East tensions and China optimism

By Fxstreet

WTI advances to two-week high, above $68.00 amid Middle East tensions and China optimism

West Texas Intermediate (WTI) US Crude Oil prices attract buyers for the third straight day on Tuesday and touch a fresh two-week high during the first half of the European session.

Oil

Commodities

MiddleEast

China

WTI

GBP/USD: GBP must break and stay above 1.3000 to continue to rise – UOB Group

News Discussion Forum

By Fxstreet

GBP/USD: GBP must break and stay above 1.3000 to continue to rise – UOB Group

Chance for Pound Sterling (GBP) to break above 1.3000 vs US Dollar (USD); overbought conditions suggest it might not be able to maintain a foothold above this level.

GBPUSD

Technical Analysis

Banks

When a "Smile" Means More Than You Think: Emojis and Compliance Risks

News Discussion Forum

By Finance Magnates

When a "Smile" Means More Than You Think: Emojis and Compliance Risks

Once a playful addition to messages, emojis have become a staple in workplace communication across platforms like Slack, Teams, SMS, and email.

compliance

communications

News Discussion Forum

By Fxstreet

DXY: Consolidate ahead of FOMC – OCBC

US Dollar (USD) continues to trade near recent lows. DXY was last seen trading at 103.26 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

DollarIndex

Technical Analysis

Banks

USD: Consumer pessimism still growing – ING

News Discussion Forum

By Fxstreet

USD: Consumer pessimism still growing – ING

US data continues to haunt the dollar, which fell against all G10 currencies excluding the yen yesterday.

DollarIndex

Technical Analysis

Banks

EUR/USD: Above 1.0855, the pair can test 1.0950 – UOB Group

News Discussion Forum

By Fxstreet

EUR/USD: Above 1.0855, the pair can test 1.0950 – UOB Group

Euro (EUR) could test 1.0950 vs US Dollar (USD), but it does not appear to possess enough momentum to break clearly above this level.

EURUSD

Technical Analysis

Banks

Gold bugs continue to buzz as the run higher clears $3,020

News Discussion Forum

By Forex Live

Gold bugs continue to buzz as the run higher clears $3,020

The precious metal looks to solidify clearance above $3,000 today

Gold

USD/CAD Price Forecast: Falls toward 1.4250 after breaking below a crucial support zone

News Discussion Forum

By Fxstreet

USD/CAD Price Forecast: Falls toward 1.4250 after breaking below a crucial support zone

USD/CAD continues its losing streak for the third successive session, trading near 1.4290 during European hours on Tuesday.

USDCAD

Technical Analysis

Majors

UP Fintech's Customer Base with Deposits Surges 21% in 2024, Surpassing 1 Million Mark

News Discussion Forum

By Finance Magnates

UP Fintech's Customer Base with Deposits Surges 21% in 2024, Surpassing 1 Million Mark

UP Fintech Holding Limited, the Singapore-based online brokerage firm operating under Tiger Brokers brand (NASDAQ: TIGR ), reported strong financial results for the fourth quarter and full year 2024.

Tiger Brokers

UP Fintech

2024

EUR: Bundestag widely expected to approve spending – ING

News Discussion Forum

By Fxstreet

EUR: Bundestag widely expected to approve spending – ING

The German Bundestag votes on Friedrich Merz’s fiscal spending plan today, ING's FX analyst Francesco Pesole notes.

EURUSD

Technical Analysis

Banks

EUR/USD: May correct lower on the day – OCBC

News Discussion Forum

By Fxstreet

EUR/USD: May correct lower on the day – OCBC

Euro (EUR) continued to hold on to gains above 1.09 handle vs US Dollar (USD) on prospects of a peace deal in Ukraine, potential ECB pause (in Apr) and hopes of large German spending.

EURUSD

Technical Analysis

Banks

Swiss economy will grow by 1.4% in 2025 – SECO

News Discussion Forum

By Fxstreet

Swiss economy will grow by 1.4% in 2025 – SECO

In its March economic forecasts, Switzerland’s State Secretariat for Economic Affairs (SECO) said that the “Swiss economy will grow by 1.4% in 2025.” Additional takeaways Sees 2025 GDP (sport event adjusted) growth at +1.4% (previous forecast was +1.5%).

Switzerland

USDCHF

GDP

EconomicIndicator

European indices open higher in search of continuing the rebound this week

News Discussion Forum

By Forex Live

European indices open higher in search of continuing the rebound this week

A more positive start for European stocks

Stocks

Swiss government revises lower 2025 GDP forecast in latest projection

News Discussion Forum

By Forex Live

Swiss government revises lower 2025 GDP forecast in latest projection

Global trade war weighs on the outlook

CHF

USDJPY Technical Analysis – Eyes on the BoJ and FOMC decisions

News Discussion Forum

By Forex Live

USDJPY Technical Analysis – Eyes on the BoJ and FOMC decisions

The USDJPY pair is trading around a major trendline ahead of the BoJ and FOMC policy decisions. What’s next?

JPY

USD

Breaking: Canada CPI inflation rises to 2.6% in February vs. 2.1% expected

News Discussion Forum

By Fxstreet

Breaking: Canada CPI inflation rises to 2.6% in February vs. 2.1% expected

Statistics Canada will release the February inflation report on Tuesday, as estimated by the Consumer Price Index (CPI).

USDCAD

CPI

BOC

TradeWar

Breaking

EUR/USD gives up gains as US Dollar rebounds ahead of Fed policy decision

News Discussion Forum

By Fxstreet

EUR/USD gives up gains as US Dollar rebounds ahead of Fed policy decision

EUR/USD surrenders intraday gains after posting a fresh five-month high near 1.0955 in Tuesday’s North American session.

EURUSD

ECB

Fed

RussianFederation

SEO

News Discussion Forum

By Fxstreet

AUD/JPY advances to near 95.50 amid positive China outlook, looming BoJ decision

AUD/JPY extends its winning streak for a third consecutive session, trading around 95.50 during early European hours on Tuesday.

AUDJPY

Macroeconomics

Crosses

Japan

Australia

Only 1 in 20 Traders Pass Prop Firm Challenges, Reports The Funded Trader

News Discussion Forum

By Finance Magnates

Only 1 in 20 Traders Pass Prop Firm Challenges, Reports The Funded Trader

If you're considering trying your luck in the challenge-based prop trading industry, you should know that your chance of receiving a payout is merely 1-2%.

The Funded Trader

prop firms

proprietary trading

Forex Today: Gold renews record-high above $3,000, Canadian Dollar awaits inflation data

News Discussion Forum

By Fxstreet

Forex Today: Gold renews record-high above $3,000, Canadian Dollar awaits inflation data

Here is what you need to know on Tuesday, March 18: Gold benefits from escalating geopolitical tensions and trades at a new record-high above $3,000 early Tuesday.

Majors

Currencies

Macroeconomics

Commodities

EconomicIndicator

News Discussion Forum

By Forex Live

What are the main events for today?

The Canadian CPI is the main highlight

market overview

Former BDSwiss and SquaredFinancial HR Expert Joins New CFD Broker Kudotrade

News Discussion Forum

By Finance Magnates

Former BDSwiss and SquaredFinancial HR Expert Joins New CFD Broker Kudotrade

Kudotrade has appointed Catharine Ioannou as its new Global Head of Human Resources, the CFD broker announced today (Tuesday). In the new role, she will bring years of experience gained in similar poistions.

executive moves

BDSwiss Kudotrade

China reaffirms stable trade relations with EU

News Discussion Forum

By Forex Live

China reaffirms stable trade relations with EU

This follows a meeting between China's commerce minister and Airbus CEO

Politics

Eurostoxx futures +0.4% in early European trading

News Discussion Forum

By Forex Live

Eurostoxx futures +0.4% in early European trading

European stocks look to continue the positive start to the week

Stocks

Bitcoin Miner from Wall Street HIVE Projects 317% BTC Production Capacity Growth

News Discussion Forum

By Finance Magnates

Bitcoin Miner from Wall Street HIVE Projects 317% BTC Production Capacity Growth

HIVE Digital Technologies (NASDAQ: HIVE) has completed the acquisition of Bitfarms Ltd.'s 200-megawatt Yguazú hydro-powered facility in Paraguay.

HIVE Blockchain Technologies

Bitcoin Mining

Bitcoin news

US Dollar Index Price Forecast: Outlook remains bearish near 103.50

News Discussion Forum

By Fxstreet

US Dollar Index Price Forecast: Outlook remains bearish near 103.50

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers some lost ground to near 103.60 during the early European session on Tuesday.

DollarIndex

Technical Analysis

SNB purchased forex worth CHF 1.2 billion in 2024

News Discussion Forum

By Forex Live

SNB purchased forex worth CHF 1.2 billion in 2024

The Swiss National Bank reveals in its annual report for last year

SNB

News Discussion Forum

By Forex Live

Bitcoin Analysis for Today

Bullish above $83,650. Till then, Bitcoin bears have the ball and are eyeing these profit targets. Use tradeCompass to support your decision making and trade crypto at your own risk only.

TradeCompass

Crypto

Crypto Technical Analysis

Bitcoin Technical Analysis

BTC

USD/CHF holds steady near 0.8800, traders await Fed, SNB rate decisions

News Discussion Forum

By Fxstreet

USD/CHF holds steady near 0.8800, traders await Fed, SNB rate decisions

The USD/CHF pair trades on a flat note near 0.8810 during the early European session on Tuesday.

USDCHF

Majors

Macroeconomics

Fed

SNB

EUR/GBP holds position above 0.8400 ahead of German spending plan vote

News Discussion Forum

By Fxstreet

EUR/GBP holds position above 0.8400 ahead of German spending plan vote

EUR/GBP remains largely unchanged for the second consecutive session, hovering around 0.8410 during Asian trading hours on Tuesday.

EURGBP

Crosses

Macroeconomics

Eurozone

UnitedKingdom

Risk mood reserves some caution to start the day

News Discussion Forum

By Forex Live

Risk mood reserves some caution to start the day

The coast isn't clear yet but dip buyers tried to test the waters yesterday

Stocks

News Discussion Forum

By Fxstreet

FX option expiries for Mar 18 NY cut

FX option expiries for Mar 18 NY cut at 10:00 Eastern Time via DTCC can be found below.

Currencies

Options

Silver Price Forecast: XAG/USD attracts some buyers to near $34.00 on economic uncertainty, geopolitical risks

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD attracts some buyers to near $34.00 on economic uncertainty, geopolitical risks

Silver price (XAG/USD) extends its upside to around $33.90, its highest level since October 30, 2024, during the Asian trading hours on Tuesday, bolstered by the weaker US Dollar (USD).

Silver

XAGUSD

Macroeconomics

Commodities

EUR/JPY advances beyond 200-day SMA and 163.00 mark; highest since January 27

News Discussion Forum

By Fxstreet

EUR/JPY advances beyond 200-day SMA and 163.00 mark; highest since January 27

The EUR/JPY cross attracts some follow-through buyers for the third straight day on Tuesday and climbs beyond a technically significant 200-day Simple Moving Average (SMA) during the Asian session.

EURJPY

RiskAppetite

BOJ

InterestRate

Currencies

India Gold price today: Gold rises, according to FXStreet data

News Discussion Forum

By Fxstreet

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Tuesday, according to data compiled by FXStreet.

Gold

Commodities

Metals

India

Gold price buying remains unabated; fresh record high and counting

News Discussion Forum

By Fxstreet

Gold price buying remains unabated; fresh record high and counting

Gold price (XAU/USD) scales higher for the second straight day – also marking its fifth day of a positive move in the previous six – and hits a fresh record high, around the $3,010 region during the Asian session on Tuesday.

Gold

TradeWar

MiddleEast

Fed

SEO