News
Important Only
EUR/USD Price Forecast: Rises toward 1.1350 after finding support at near nine-day EMA
EUR/USD pauses its two-day decline, hovering near 1.1340 during Thursday’s Asian session. Daily chart technical analysis indicates a weakening bullish bias, as the pair has slipped below the ascending channel pattern.
Fxstreet
Thu, Apr 24
Silver Price Forecast: XAG/USD bulls have the upper hand while above $33.00 hurdle breakpoint
Silver (XAG/USD) attracts some sellers after hitting a nearly three-week top near the $33.70 region during the Asian session on Thursday and erodes a part of the previous day's strong move up.
Fxstreet
Thu, Apr 24
Ethereum Price Forecast: ETH ETF sees boost as bulls target descending channel resistance
Ethereum (ETH) gained 2% on Wednesday after US spot Ether ETFs recorded their largest inflows since February 4. However, the top altcoin could face a correction after experiencing a rejection at its 50-day Simple Moving Average (SMA).
Fxstreet
Thu, Apr 24
NZD/USD Price Analysis: Pair trades steady near 0.5900 with bullish bias ahead of Asia
The NZDUSD pair held steady near the 0.5900 mark on Wednesday, posting a marginal daily gain as traders positioned ahead of the Asian session. The pair continues to consolidate in a tight range after recent upward momentum, suggesting a pause rather than a reversal.
Fxstreet
Wed, Apr 23
USD/JPY tests 143.00 amid easing Fed fears and trade optimism
The USD/JPY pair trades near the 143.00 mark on Wednesday, up over 1.2% on the day, extending its rebound from midweek lows. The Greenback’s gains are driven by improving risk appetite and signs that US-China trade tensions could ease.
Fxstreet
Wed, Apr 23
Australian Dollar steadies near 0.6400 as US Dollar weakens post-PMI
The Australian Dollar (AUD) trades flat against the US Dollar (USD) on Wednesday, holding close to the 0.6400 area after a volatile session. The pair consolidated within a tight range of 0.6349 to 0.6436, reflecting a pause in directional conviction.
Fxstreet
Wed, Apr 23
Mexican Peso slips as Trump softens stance on Powell, China duties
The Mexican Peso (MXN) registered modest losses against the US Dollar (USD) on Wednesday amid an improvement in risk appetite and regained confidence in the Greenback as US President Donald Trump denied that he would remove Federal Reserve (Fed) Chair Jerome Powell.
Fxstreet
Wed, Apr 23
Gold sinks as risk appetite improves on Trump-Powell calm, China tariff relief hopes
Gold prices plunged more than 2.50% on Wednesday as risk appetite improved due to a possible de-escalation of US-China tensions and US President Donald Trump's statement that he doesn’t plan to fire Federal Reserve (Fed) Chair Jerome Powell.
Fxstreet
Wed, Apr 23
US Dollar softens as possible tariff cut and weak PMI weigh on sentiment
The US Dollar Index (DXY) failed to hold onto its early strength during Wednesday’s session and now drifts near the 99.50 region, reflecting continued uncertainty around US trade policy and softening business momentum.Fxstreet
Wed, Apr 23
GBP/USD slips beneath 1.3300 as USD gains on Powell relief and trade optimism
The Pound Sterling depreciated against the Greenback on Wednesday yet slightly recovered after diving to four-day lows of 1.3230. Traders seemed relieved that US President Donald Trump, although angry with Fed Chair Powell, is not looking to sack him.
Fxstreet
Wed, Apr 23
USD consolidates as trade/Fed concerns ease – Scotiabank
Markets are trading with a sense of relief this morning. Late yesterday, President Trump said he had no intention of firing Fed Chair Powell and remarked that the 145% tariffs on China could be reduced substantially following a trade deal.Fxstreet
Wed, Apr 23
Bitcoin Price Forecast: BTC bullish momentum builds as premium exceeds 9% for first time in three months
Bitcoin price (BTC) is extending its gains, trading above $94,000 at the time of writing on Wednesday, following a two-day rally of 9.75% so far this week. BTC rally gathers momentum as trade war fears ease, following US President Donald Trump’s downplaying of tensions with China.
Fxstreet
Wed, Apr 23
AUD/USD breaks out of spring range – Société Générale
AUD/USD has staged a notable recovery this month, breaching key resistance levels and eyeing a test of the 200-day moving average. A sustained break higher could signal a broader bullish trend reversal, with targets at 0.6550 and beyond, Société Générale's FX analysts note.Fxstreet
Wed, Apr 23
Signs of easing for the USD – Commerzbank
EUR-USD did not stay above 1.15 for long, instead we saw a broad-based recovery in the US dollar yesterday. A number of factors may have played a role. One of the most important was certainly Donald Trump's announcement last night that he has 'no intention of firing Fed Chairman Jerome Powell'.Fxstreet
Wed, Apr 23
US Dollar Index Price Forecast: Tests 99.00 support after pulling back from nine-day EMA
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, has lost its intraday gains, trading around 99.00 during the European hours on Wednesday.Fxstreet
Wed, Apr 23
