News
Important Only
Bitcoin Price Forecast: BTC holds $84,000 despite Fed’s hawkish remarks and spot ETFs outflows
Bitcoin (BTC) is stabilizing around $84,000 at the time of writing on Thursday after facing multiple rejections around the 200-day Exponential Moving Average (EMA) at $85,000 since Saturday.
Fxstreet
Thu, Apr 17
CAD: On hold with little guidance possible – MUFG
On a day in which the US Dollar (USD) sold off across G10, the Canadian Dollar (CAD) advanced by 0.7% yesterday helped in part by the decision of the Bank of Canada to hold off from cutting rates again – the first pause from the BoC since the beginning of the easing cycle in June last year.
Fxstreet
Thu, Apr 17
EUR/USD holds below 1.1473 despite 1% rebound – DBS
EUR/USD rebounded 1% overnight but remains below last Friday’s 1.1473 high. The ECB is expected to cut rates by 25bps to 2.25%, and President Lagarde is expected to flag euro strength and US tariffs as key disinflationary risks, DBS' FX strategist Philip Wee notes.
Fxstreet
Thu, Apr 17
XRP chart signals 27% jump after SEC-Ripple appeals pause and $50 million settlement
Ripple (XRP) stabilized above $2.00, exemplifying a similar pattern to the largest cryptocurrency by market capitalization, Bitcoin (BTC), which holds firmly above $84,000 at the time of writing on Thursday.
Fxstreet
Thu, Apr 17
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
