News
Important Only
Brent rebounds off $58.40 channel base – Société Générale
Brent crude has bounced from the lower limit of its downtrend but faces key resistance at $68.70–$70.50. A failure to break higher could trigger a pullback, with $65.30 and $62.30 as key support levels, Société Générale's FX analysts note.Fxstreet
Fri, Apr 25
USD: So far, importers seem to be footing the bill – Commerzbank
As US-China tariff tensions escalate, early data suggest US importers are shouldering most of the burden, with little price relief from Chinese exporters. Despite sharp tariff hikes, consumer prices remain largely unaffected — for now.Fxstreet
Fri, Apr 25
Stablecoin issuers are projected to become major holders of US Treasuries by 2030 – Citibank GPS report
Citibank's "Digital Dollars" report, released on Thursday, highlights that stablecoin issuers are projected to become major holders of US Treasuries by 2030. The report identifies 2025 as the potential year for blockchain's 'ChatGPT' moment in adoption, driven by regulatory change.Fxstreet
Fri, Apr 25
Ripple Price Forecast: XRP’s 25% breakout bid on course as institutional and retail adoption steady
Ripple (XRP) price consolidates, trading at $2.18 at the time of writing on Friday, following mid-week gains to $2.30. The rejection from this weekly high led to the price of XRP dropping to the previous day’s low at $2.11, followed by a minor reversal.
Fxstreet
Fri, Apr 25
Ethereum Price Forecast: Accumulation addresses grab 1.11 million ETH as bullish momentum rises
Ethereum (ETH) saw a 1% decline on Friday as sellers dominated exchange activity in the past 24 hours. Despite the recent selling, increased inflows into accumulation addresses and declining net taker volume show a gradual return of bullish momentum.
Fxstreet
Fri, Apr 25
