News
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USD: Wild moves continue – ING
Markets remain on edge as trade tensions, erratic headlines, and shifting currency dynamics drive sharp moves across asset classes. While some signs of optimism emerge, risks to the US dollar and commodity-linked currencies persist, ING's FX analyst Francesco Pesole notes.Fxstreet
Tue, Apr 8
Confidence tumbles and US Dollar falls under pressure – Commerzbank
Business and consumer sentiment in the US is collapsing, and hard data may soon follow. With tariffs acting as an exogenous shock, investors are preparing for recession — not inflation — and abandoning the US Dollar, Commerzbank's FX analyst Antje Praefcke notes.Fxstreet
Tue, Apr 8
Top 3 gainers Fartcoin, Hyperliquid and Telcoin: Asian session sparks tariff relief rally in meme coins and DeFi
The cryptocurrency market is experiencing a tariff relief rally, with altcoins like Fartcoin, Hyperliquid (HYPE) and Telcoin (TEL) bouncing back with double-digit gains. Fartcoin has jumped 28% in the past 24 hours, reaching $0.5801.Fxstreet
Tue, Apr 8
EUR/USD: Likely to trade between 1.0860 and 1.1030 – UOB Group
Euro (EUR) is likely to trade between 1.0860 and 1.1030. In the longer run, decrease in momentum indicates the chance for EUR to rise has diminished; a breach of 1.0850 would suggest EUR has entered a range-trading phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Apr 8
Tron Price Forecast: TRX stablecoin activity soars to $396 million in a week
Lookonchain data shows that in the past 7 days, stablecoins on Tron (TRX) increased by $396 million, reflecting growing network usage. Additionally, Artemis data shows that the TRX blockchain collected the most fees in the last 24 hours, with $1.3 million.
Fxstreet
Tue, Apr 8
EUR/USD Price Forecast: Bulls have the upper hand while above 1.0900, 200-period EMA on H4
The EUR/USD pair regains positive traction during the Asian session on Tuesday, snapping a two-day losing streak and stalling the recent pullback from its highest level since September touched last week.Fxstreet
Tue, Apr 8
XRP Price Prediction: XRP battles tariff turbulence amid MVRV buy signal
Ripple (XRP) seeks stability in a volatile crypto landscape influenced by macroeconomic factors, including reciprocal tariffs. The international money transfer token hit a low of $1.64 on Monday after opening the week at $1.92, representing a 14.5% daily drop.
Fxstreet
Tue, Apr 8
Chinese Yuan devaluation could drive Chinese capital flight into Bitcoin– says Arthur Hayes
BitMEX co-founder Arthur Hayes highlighted a potential Chinese Yuan devaluation in his X post on Tuesday, suggesting it could drive Chinese capital flight into Bitcoin. Arthur says this trend worked in 2013 and 2015 and can work in 2025.
Fxstreet
Tue, Apr 8
USD/CHF stabilizes near 0.8600 after volatility, tariffs and recession fears support USD
The USD/CHF begins Tuesday’s Asian session slightly lower, following a wild trading day on Monday, which saw swings within the 0.8450–0.8673 range, and ended virtually unchanged. At the time of writing, the major trades at 0.8588, down 0.02%.
Fxstreet
Mon, Apr 7
Silver Price Forecast: XAG/USD rebounds toward $30 as bulls defend key support
Silver price sellers failed to decisively clear support at $28.75 daily, and buyers stepped in near yearly lows of $28.33, pushing the grey metal’s price back above $29.80 with traders eyeing the $30.00 mark. At the time of writing, XAG/USD trades at $29.89, up 0.89%.
Fxstreet
Mon, Apr 7
Gold price sinks below $3,000 as USD surges, tariff turmoil stirs recession fears
Gold (XAU) price prolongs its agony and plummets by over 2% on Monday as investors seeking safety bid the US Dollar, with US trade policy fueling speculation of a global recession. XAU/USD trades at $2,971, its lowest level since mid-March, below $3,000.
Fxstreet
Mon, Apr 7
