News
Important Only
GBP/USD rebounds past 1.3300 as US-China tensions ratlle US Dollar
The Pound Sterling recovered some ground versus the US Dollar on Thursday as market participants grew pessimistic about de-escalating the US-China trade war. Beijing is pressuring Washington to eliminate tariffs and has denied talks.
Fxstreet
Thu, Apr 24
USD slips as stocks dip – Scotiabank
The US Dollar (USD) is tracking lower again after two days of gains lifted the DXY some 2% off the three year low reached earlier in the week. The CHF and JPY are sitting near the top of the overnight performance table, just behind the SEK and NOK.Fxstreet
Thu, Apr 24
Fed’s Hammack: The US economy is very resilient
Beth Hammack, president of the Federal Reserve Bank of Cleveland, said that the central bank should exercise patience in its monetary policy amid high uncertainty and added that she would not rule out making adjustments by June if the data warranted action.Fxstreet
Thu, Apr 24
EUR strengthens despite increasingly dovish comments from ECB – Scotiabank
Euro (EUR) is up 0.7% against the US Dollar (USD), a mid-performer among the G10 and strengthening within the context of a broadly weaker dollar driven by headlines related to trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Apr 24
Sui Price Forecast: Surging stablecoins market, DEXs volume and DeFi TVL drive SUI's bullish sentiment
Sui's price climbs to $2.97 at the time of writing on Thursday, defying a broader bearish sentiment in the cryptocurrency market. The layer-1 token looks to extend gains above the intraday high of $3.12, supported by growing interest in the network's decentralized finance (DeFi) ecosystem.Fxstreet
Thu, Apr 24
USD/CAD Price Forecast: Trades lower near 1.3850 after retreating from nine-day EMA
The USD/CAD pair retraces its gains from the previous session, trading around 1.3850 during the European session on Thursday. Daily chart technical analysis highlights a prevailing bearish trend, with the pair continuing its descent within a well-defined descending channel.Fxstreet
Thu, Apr 24
CAD: Relinked with USD before elections – ING
The Canadian Dollar (CAD) has suffered much less than any other G10 currency from the USD rebound since Monday, when it had instead remained flat despite widespread rallies against the US Dollar (USD), ING's FX analyst Francesco Pesole notes.Fxstreet
Thu, Apr 24
German IFO Business Climate Index improved slightly to 86.9 in April vs. 85.2 expected
Business sentiment in Germany improved slightly in April, with the IFO Business Climate Index rising to 86.9 in April from 86.7 in March. This reading came in above the market expectation of 85.2.Fxstreet
Thu, Apr 24
Canary Capital files for a staked SEI ETF in Delaware
Sei price (SEI) stabilizes near $0.19 at the time of writing on Thursday after rallying over 10% so far this week amid improved risk-on sentiment due to United States (US) President Donald Trump softening stance on the Federal Reserve (Fed) Chair Jerome Powell and China.Fxstreet
Thu, Apr 24
GBP/USD Price Forecast: Bullish outlook remains in play above 1.3250
The GBP/USD pair drifts higher to around 1.3270, snapping the two-day losing streak during the early European trading hours on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar (USD).Fxstreet
Thu, Apr 24
