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DXY: Short covering Soon? – OCBC
Dollar Index (DXY) continued to trade near recent lows and was last seen trading at 98.44, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Tue, Apr 22
Gold uptrend accelerates, MACD hits multiyear high – Société Générale
Gold continues to push higher after defending its 50-day moving average, with no immediate signs of exhaustion.
Gold
Fxstreet
Tue, Apr 22
Top 3 gainers Fartcoin, POL, DeepBook: Altcoins surge as Bitcoin nears $90,000
Fartcoin price extends gains above the $1.00 level at the time of writing on Tuesday after recovering from a dip triggered by profit-taking activity ahead of the weekend.
Bitcoin
Fxstreet
Tue, Apr 22
USD/JPY tests key support near 139.50 – Société Générale
USD/JPY continues to slide after breaking below a flag-like channel, hitting last year’s low around 139.50/138.90.
USD/JPY
Fxstreet
Tue, Apr 22
EUR/USD breaks 1.15 on 'Sell America' momentum – Danske Bank
The US Dollar (USD) extended its decline as markets reacted to Trump's threats against Fed Chair Powell, worsening US asset market dynamics, and thin holiday liquidity. EUR/USD surged past 1.15, driven by ongoing risk aversion and safe-haven rotation away from the greenback.
EUR/USD
Fxstreet
Tue, Apr 22
CAD: Downside risks still prevail – Commerzbank
USD/CAD has fallen significantly in recent weeks. However, this was due to pronounced USD weakness rather than CAD strength. If the US dollar recovers, we are likely to see higher levels again.
USD/CAD
Fxstreet
Tue, Apr 22
JPY: Strong position – ING
The Japanese Yen (JPY) is the biggest winner in this latest round of USD selling, as it responds to both the equity slump and the risks of the Fed’s independence.
USD/JPY
Fxstreet
Tue, Apr 22
GBP/JPY: Pound Sterling cross rates mixed at the start of the European session
Pound Sterling (GBP) crosses trade mixed at the start of Tuesday, according to FXStreet data. The Pound Sterling (GBP) to the Japanese Yen changes hands at 188.02, with the GBP/JPY pair declining from its previous close at 188.44.
GBP/CAD
GBP/JPY
Fxstreet
Tue, Apr 22
JPY: Strength mainly vs. the USD – Commerzbank
The Japanese yen continued to strengthen against the US dollar over the holiday weekend, with the USD/JPY approaching 140 this morning.
USD/JPY
Fxstreet
Tue, Apr 22
USD: Confidence crisis extends – ING
US Dollar (USD) losses of the past few weeks have been a combination of mounting US growth concerns and a loss of confidence in the dollar as a safe haven. The round of USD weakness seen on Easter Monday belongs to both trends.
Fxstreet
Tue, Apr 22
EUR/GBP today: Euro cross rates mixed at the start of the European session
Euro (EUR) crosses trade mixed at the start of Tuesday, according to FXStreet data.
EUR/GBP
EUR/JPY
Fxstreet
Tue, Apr 22
EUR: 1.20 discussion now open – ING
The latest round of dollar depreciation has sent EUR/USD through the 1.150 level. Now, there isn’t any other key resistance until 1.20. Picking a top in the pair has proven a frustrating exercise, and Trump’s attack on the Fed is likely extending the confidence crisis on the dollar.
EUR/USD
Fxstreet
Tue, Apr 22
Forex Today: There is no stopping of Gold as Fed independence comes into question
Here is what you need to know on Tuesday, April 22:
Fxstreet
Tue, Apr 22
Hyperliquid updates validator to 21 permissionless nodes, HYPE price breaks out
Hyperliquid (HYPE) price moves higher and trades at $18.45 in the early European session on Tuesday, buoyed by news of the protocol opening the validator program to all network users, capped at 21 permissionless nodes.
Bitcoin
Fxstreet
Tue, Apr 22
US Dollar Index Price Forecast: Remains under pressure near 98.00, oversold RSI condition eyed
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, extends its downside to near 98.15, the lowest since March 2022. The USD weakens across the board as fears over the independence of the Federal Reserve (Fed) intensified.
Fxstreet
Tue, Apr 22
Upexi turns to Solana for Treasury strategy in $100 million deal with GSR
GSR, a crypto trading and investment firm, announced on Monday that it has secured a $100 million private investment in public equity (PIPE) in Upexi (UPXI). Upexi has committed to establishing a Solana (SOL) treasury strategy that includes accumulating and staking SOL.
Solana
Fxstreet
Tue, Apr 22
GBP/JPY slides to three-day low, below 188.00 mark amid broadly stronger JPY
The GBP/JPY cross meets with fresh supply following an Asian session uptick to the 188.75 region and turns negative for the second consecutive day on Tuesday.
GBP/JPY
Fxstreet
Tue, Apr 22
Ripple Price Prediction: What's next for XRP as whales accumulate, exchange inflows drop, while support holds?
Ripple (XRP) price stabilizes above its $2.00 support during the late Asian session on Tuesday. An attempt to break out of the consolidation range the previous day left more long than short positions liquidated, dampening market sentiment.
XRP
Fxstreet
Tue, Apr 22
FX option expiries for Apr 22 NY cut
FX option expiries for Apr 22 NY cut at 10:00 Eastern Time via DTCC can be found below.
EUR/USD
Fxstreet
Tue, Apr 22
USD/CAD Price Forecast: Hangs near multi-month low; seems vulnerable around 1.3800
The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3780 region, or a six-month low, and attracts fresh sellers during the Asian session on Tuesday.
USD/CAD
Fxstreet
Tue, Apr 22
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