News
Important Only
NZD/USD Price Forecast: Extends rejection slide from 50% Fibo.; drops to 0.5900 neighborhood
The NZD/USD pair retreats from the vicinity of mid-0.5900s, or a fresh year-to-date high touched during the Asian session this Thursday, in reaction to stronger-than-expected consumer inflation figures from New Zealand.
Fxstreet
Thu, Apr 17
Gold price soars to fresh record high as trade tensions sink US Dollar
Gold price extended its record streak for the third time in the week as the Greenback weakened due to tensions between China and the US related to trade policies. These tensions are increasing the appeal of safety assets like precious metals.
Fxstreet
Thu, Apr 17
Ethereum Price Forecast: ETH face value- accrual risks due to data availability roadmap
Ethereum (ETH) declined 1%, trading just below $1,600 in the early Asian session on Thursday, as Binance Research's latest report suggests that the data availability roadmap has been hampering its value accrual.
Fxstreet
Thu, Apr 17
NZD/USD Price Analysis: Kiwi stretches gains near 0.59 but momentum signals caution
The NZD/USD pair advanced for a third session on Wednesday, holding near the 0.5900 region ahead of the Asian session. The pair saw modest gains and remained confined within a relatively tight range between 0.58865 and 0.59308, suggesting a steady bullish tone.Fxstreet
Wed, Apr 16
Australian Dollar strengthens on improved sentiment despite lingering China risks
The Australian Dollar (AUD) regained ground on Wednesday, lifting toward the 0.6400 area during the American session, as improving risk sentiment and a broadly weaker US Dollar (USD) helped AUD/USD shake off recent losses.
Fxstreet
Wed, Apr 16
GBP/USD rises as UK inflation cools, BoE rate cut bets increase
The British Pound advanced during the North American session, posting soft gains of 0.14% against the Greenback as inflation slowed to its weakest level in three months. This adds to pressure on the Bank of England to reduce interest rates.
Fxstreet
Wed, Apr 16
EUR rises within range – Scotiabank
Euro (EUR) is up an impressive 0.7% against the US Dollar (USD) and recovering back toward the upper end of its four- session range, strengthening in tandem with its regional peers Swiss Franc (CHF) and Swedish Krona (SEK), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, Apr 16
CAD regains some ground ahead of BoC policy decision – Scotiabank
The Canadian Dollar (CAD) lost ground yesterday after weaker than expected CPI data lifted market speculation that the BoC could cut interest rates at today’s policy decision (13:45 GMT), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, Apr 16
GBP extends rally for seventh session – Scotiabank
Pound Sterling (GBP) is up 0.3% vs. the US Dollar (USD) and a mid-performer among the G10 currencies as it extends its gains for a seventh consecutive session and pushes toward its prior (September) highs around 1.34, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, Apr 16
USD: Trade tensions keep US markets on the defensive – Scotiabank
The USD is trading defensively this morning again, while US Treasurys are weaker (and underperforming) and US equity futures are softer. Global stocks are lower after the US government said it would require Nvidia to obtain a license to export one of its chips to China.Fxstreet
Wed, Apr 16
Bitcoin Price Forecast: Bitcoin stabilizes around $83,000 as China opens trade talks with President Trump’s administration
Bitcoin (BTC) is stabilizing around $83,500 at the time of writing on Wednesday after facing multiple rejections around the 200-day Exponential Moving Average (EMA) at $85,000 since Saturday. A breakout of this strong level would indicate a bullish trend ahead.
Fxstreet
Wed, Apr 16
