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DXY: Short squeeze on the cards – OCBC
US Dollar (USD) short squeeze gained traction and broadened against more currencies from safe haven to procyclical FX. MYR, Gold, JPY and THB led losses.
Fxstreet
May 9, 2025
AUD/USD can drop below 0.6370 – UOB Group
Australian Dollar (AUD) could drop below 0.6370 against the US Dollar (USD) but might not be able to maintain a foothold below this level. In the longer run, AUD must break and hold below 0.6370 before a move to 0.6330 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
May 9, 2025
Bitcoin Weekly Forecast: BTC bulls aim for $105,000 after nearly 10% weekly gains
Bitcoin (BTC) price is stabilizing around $103,000 at the time of writing on Friday after rallying nearly 10% this week.
Bitcoin
Fxstreet
May 9, 2025
GBP/USD: Likely to decline further – UOB Group
Pound Sterling (GBP) is likely to decline further, potentially testing the support at 1.3190. In the longer run, scope for GBP to weaken to 1.3150; currently it is unclear whether GBP can break clearly below this level, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
May 9, 2025
GBP: Bullish mood can continue – ING
The Pound Sterling (GBP) strengthened yesterday as the Bank of England sent some hawkish signals while cutting rates by 25bp. The announcement of the UK-US trade deal later in the day added some support to the pound, but that was short-lived, ING's FX analyst Francesco Pesole notes
GBP/USD
Fxstreet
May 9, 2025
USD: Plethora of Fed speakers to watch today – ING
It’s been a good second half of the week for the dollar, mostly thanks to positive trade news and a hawkish Federal Reserve.
Fxstreet
May 9, 2025
Dogecoin price jump above $0.20 triggers $13 million in liquidations
Dogecoin (DOGE) price edges higher after stepping above $0.20 and climbing to trade around $0.21 at the time of writing on Friday.
Dogecoin
Fxstreet
May 9, 2025
EUR/USD: Any decline could be limited to a test of 1.1185 – UOB Group
Further Euro (EUR) weakness is not ruled out vs US Dollar (USD); oversold conditions suggest any decline could be limited to a test of 1.1185. In the longer run, c in EUR toward 1.1145, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD
Fxstreet
May 9, 2025
USD: Much ado about little – Commerzbank
Yesterday afternoon, Donald Trump finally presented his first trade deal with the United Kingdom in the Oval Office. However, despite all the fanfare, it must be said that the substance was rather thin once again.
Fxstreet
May 9, 2025
EUR: Starting to look towards 1.10? – ING
For most of the past couple of weeks, EUR/USD buyers emerged vehemently in the 1.1250-1.1300 area. The break lower seen yesterday is telling.
EUR/USD
Fxstreet
May 9, 2025
Forex Today: Markets await comments from central bankers
Here is what you need to know on Friday, May 9:
Fxstreet
May 9, 2025
Uniswap Price Forecast: UNI flashes bullish reversal signal as buyers step in
Uniswap (UNI) price stabilized at around $6.18 on Friday after rallying over 26% the previous day. On-chain metrics, such as UNI’s Total Value Locked (TVL), Open Interest (OI), and token volume, further support the bullish thesis.
Uniswap
Fxstreet
May 9, 2025
FX option expiries for May 9 NY cut
FX option expiries for May 9 NY cut at 10:00 Eastern Time via DTCC can be found below.
Fxstreet
May 9, 2025
Silver Price Forecast: XAG/USD trades with mild positive bias around mid-$32.00s
Silver (XAG/USD) attracts some dip-buyers near the $32.20 area during the Asian session on Friday and climbs to a fresh daily high in the last hour.
Silver
Fxstreet
May 9, 2025
US Dollar Index (DXY) consolidates near 100.50 area, just below multi-week high
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, enters a bullish consolidation phase after touching a nearly one-month top, around the 100.85 region during the Asian session on Friday.
Fxstreet
May 9, 2025
Ripple Price Forecast: $3 XRP breakout looms after $50M SEC settlement
Ripple (XRP) price consolidates gains around $2.31 at the time of writing on Friday, down slightly on the day. A joint motion filed by Ripple and the Securities and Exchange Commission (SEC) on Thursday revealed that the two parties have reached a settlement agreement pending judicial approval.
XRP
Fxstreet
May 9, 2025
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP explode higher as bulls take control
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are surging this week, fueled by growing bullish momentum across the crypto market.
Bitcoin
Ethereum
XRP
Fxstreet
May 9, 2025
USD/CAD climbs to multi-week top, closer to mid-1.3900s amid sustained USD buying
The USD/CAD pair is seen building on this week's recovery from the year-to-date low, around mid-1.3700s, and gaining positive traction for the third successive day on Friday.
USD/CAD
Fxstreet
May 9, 2025
PBOC sets USD/CNY reference rate at 7.2095 vs. 7.2073 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.2095 as compared to the previous day's fix of 7.2073 and 7.2581 Reuters estimate.
USD/CNH
Fxstreet
May 9, 2025
Bitcoin and Ethereum short squeeze spark $1 billion in liquidations following US-UK trade agreement
Bitcoin (BTC) and Ethereum (ETH) short traders took a major hit on Thursday, sparking nearly $1 billion in crypto liquidations.
Bitcoin
Ethereum
Fxstreet
May 9, 2025
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