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British Pound falls as Iran deal doubts, weak UK PMI bite
The GBP/USD fell by some 0.20% on Thursday amid concerns that the US and Iran couldn’t reach a deal, while strong US economic data was a headwind for Sterling, which dipped amid weakening UK business activity. At the time of writing, the pair trades at 1.3406 after peaking near 1.3454.
Fxstreet
Thu, May 21
Ripple Price Forecast: XRP lags recovery despite rising network activity, mild ETF inflows
Ripple (XRP) remains calm, trading around $1.37 at the time of writing on Thursday. The current sideways action follows a subtle recovery from support at $1.35, and reflects broader optimism for a US-Iran peace deal.
Fxstreet
Thu, May 21
USD/CHF Price Forecast: Bullish engulfing surfaces, traders eye 0.7900
USD/CHF forms a ‘bullish engulfing’ chart pattern and rises by over 0.58% on Tuesday, clearing key resistance levels, including the 50-day Simple Moving Average (SMA) at 0.7868. At the time of writing, the pair trades at 0.7890, shy of 0.7900.
Fxstreet
Tue, May 19
USD/JPY Price Forecast: Stalls near intervention area as bulls eye 160.00
USD/JPY rally extends for the seventh straight day, up 0.10% to a 12-day high of 159.25, despite growing fears of Japanese authorities intervening in FX markets. At the time of writing, the pair trades near 159.00.
Fxstreet
Tue, May 19
Chiliz Price Forecast: Derivatives-backed uptrend targets further gains
Chiliz (CHZ) continues to trade in green above $0.049 on Tuesday, having rallied nearly 5% in the previous day. CHZ is outperforming the broader cryptocurrency market so far this week, as the token’s resilience appears to be driven by improving sentiment in the derivatives market.Fxstreet
Tue, May 19
Solana Price Analysis: SOL declines as bearish momentum targets sub-$80 support
Solana (SOL) hovers below $85 at press time on Monday, trading in the red for the fourth consecutive day. SOL derivatives lose retail participation as the broader cryptocurrency market declines, even as steady inflows into SOL-focused Exchange Traded Funds (ETFs) occurred last week.
Fxstreet
Mon, May 18
Silver Price Forecast: Tumbles below $84.00, yet remains bullish
Silver price recoils toward a key support level below $84.00 as the Greenback stages a recovery, and traders, unable to crack $90.00, opted to book profits after solid US Retail Sales data. At the time of writing, XAG/USD trades at $83.53, down more than 4.40%.
Fxstreet
Thu, May 14
Euro slides as resilient US sales fuel Dollar rally
EUR/USD edges lower for the third consecutive day during the North American session, down 0.22%, as US economic data showed consumers' resilience. In contrast, jobless benefits data showed a slight increase in the number of Americans filing for jobless benefits.Fxstreet
Thu, May 14
Ripple Price Forecast: XRP recovery weakens below $1.50 as undervaluation signal persists
Ripple (XRP) is struggling to hold above $1.42 short-term support at the time of writing on Thursday, down roughly 5% from the monthly peak around $1.51. The remittance token’s recovery appears lock-step, as risk-off sentiment and softening institutional demand weigh.Fxstreet
Thu, May 14
British Pound falls as hot PPI, Starmer turmoil lift the US Dollar
The British Pound posted losses of 0.19% in back-to-back bearish days after a red-hot US inflation report, piling pressure on UK Prime Minister Keir Starmer to resign from his job. The GBP/USD trades at 1.3513 after peaking at 1.3551.Fxstreet
Wed, May 13
Euro reversal against British Pound nears 0.8650 after soft Eurozone data
The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against the British Pound (GBP) to levels nearing 0.8650 at the time of writing, after failing at the 0.8700 area on Tuesday.
Fxstreet
Wed, May 13
US Dollar Index Price Forecast: Tests descending channel top near 98.50
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day, trading around 98.40 during the European hours on Wednesday.Fxstreet
Wed, May 13
Cosmos Hub Price Forecast: ATOM surges above $2 as trading volume hits a three-month high
Cosmos Hub (ATOM) price extends its rally, trading above $2.10 at the time of writing on Wednesday, up over 8% so far this week. On-chain data shows a bullish bias, with ATOM’s trading volume surging to a three-month high.
Fxstreet
Wed, May 13
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