News
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Mexican Peso tumbles to five-week low as tariff fears escalate, volatility soars
The Mexican Peso (MXN) plunges against the US Dollar (USD), extending its losses for the second consecutive day as risk appetite deteriorates, with traders moving into the safe-haven status of the Greenback.
Fxstreet
Mon, Apr 7
EUR/USD Price Analysis: Euro eases slightly near 1.0900 but maintains bullish bias
The EUR/USD pair edged lower on Monday, slipping toward the 1.0900 zone after earlier testing the upper boundary of its daily range near 1.1050. Despite the intraday pullback, the pair holds onto a bullish structure supported by higher moving averages.
Fxstreet
Mon, Apr 7
GBP/USD crashes over 100 pips below 1.28 as trade war escalates
The Pound Sterling plunges over 100 pips or 0.90% against the Greenback at the beginning of the week, driven by recession fears and hopes cut short that the White House could reconsider their position in trade policies over the weekend.
Fxstreet
Mon, Apr 7
Bitcoin Price Forecast: BTC hits new yearly low below $75,000 as global trade war escalates
Bitcoin (BTC) recovers part of the initial losses and trades around $76,000 at the time of writing on Monday after reaching a new yearly low of $74,508 during the Asian trading session. However, BTC extends its fall on a daily basis after correcting near 5% the previous week.
Fxstreet
Mon, Apr 7
Solana Price Forecast: Bears gain momentum as SOL falls below $100
Solana (SOL) extends its loss by over 7% and falls below the $100 mark at the time of writing on Monday after crashing 15.15% last week. Coinglass data shows that SOL’s leveraged traders wiped out nearly $70 million in liquidations in the last 24 hours.
Fxstreet
Mon, Apr 7
XRP Price Prediction: XRP hangs on a loose thread, deeper correction below $2 impending?
Ripple (XRP) is extending losses below the previous week’s critical level at $2.00, as United States (US) President Donald Trump doubled down on tariffs, stressing that America must solve the trade deficit before making a deal.
Fxstreet
Mon, Apr 7
