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ZKsync suffers security breach; hackers steal $5 million worth of ZK tokens
ZKsync (ZK), an Ethereum layer-2 scaling solution, reported on Tuesday that its admin wallet had been compromised. The hacker then minted 111 million unclaimed ZK tokens worth $5 million. The ZK token price dipped nearly 19% and closed at a 5% loss that day.Fxstreet
Wed, Apr 16
USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails
The USD/CAD pair slips slightly after posting gains in the previous session, trading near 1.3940 during Wednesday’s Asian session. Technical analysis on the daily chart indicates a prevailing bearish trend as the pair continues to move lower within a descending channel.
Fxstreet
Wed, Apr 16
Ripple Price Prediction: Exchange inflows surge as XRP slides, what comes next?
Ripple (XRP) corrected along with other major digital assets, including Bitcoin (BTC) and Ethereum (ETH), and traded at $2.08 at the time of writing on Wednesday. The drawdown cut across the crypto market, causing the total capitalization to drop 3.2% to $2.736 trillion.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC struggles for a breakout while ETH and XRP extend losses
Bitcoin (BTC) price is stabilizing around $83,500 on Wednesday after it faced multiple rejections around its 200-day EMA at $85,000; a breakout indicates a bullish trend. Ethereum (ETH) and Ripple (XRP) extended their losses after facing resistance around their key levels.
Gold price soars past $3,240 as trade war fears deepen, yields slide
Gold price ended Tuesday’s session on a higher note due to traders buying the precious metals amid uncertainty over US President Donald Trump's tariff plans, which has kept market participants on edge. The XAU/USD trades at $3,240 a troy ounce, gaining over 6.50%.
Fxstreet
Wed, Apr 16
Mexican Peso slips as USD/MXN reclaims 20 despite tariff exemption hopes
The Mexican Peso reversed its course and dropped against the US Dollar late in the North American session, with no catalyst behind the latter move as market participants digest Trump’s tariff rhetoric, which of late hinted at making exemptions on semiconductors and electronics.
Fxstreet
Tue, Apr 15
NZD/USD Price Analysis: Kiwi holds near 0.5900 amid sustained bullish signals
The NZD/USD pair moved higher on Tuesday, seen trading near the 0.59 area ahead of the Asian session. The Kiwi continues to benefit from sustained buying interest, holding mid-range between the day’s lows and highs, and showing resilience despite broadly neutral oscillators.
Fxstreet
Tue, Apr 15
Australian Dollar pulls back as US Dollar attempts recovery from multi-year lows
The Australian Dollar (AUD/USD) gave up its earlier strength on Tuesday, falling from session highs near 0.6340 to trade closer to the 0.6280 area during North American hours. The reversal came as the US Dollar Index (DXY) attempted a modest bounce off its three-year low near the 99.00 mark.
Fxstreet
Tue, Apr 15
USD/CAD price analysis: Canadian Dollar struggles near 1.40 amid soft inflation and trade uncertainty
USD/CAD hovered near the 1.4000 zone on Tuesday, consolidating after recovering from earlier lows around the 1.3850 region. The Canadian Dollar failed to gain traction despite a cooler-than-expected inflation report for March, while traders brace for the Bank of Canada’s policy decision.Fxstreet
Tue, Apr 15
USD/JPY Price Analysis: Modest recovery fails to alter broader bearish outlook
The USD/JPY pair saw a slight rise on Tuesday, hovering around the 143 area as it edged higher within its daily range. The modest intraday rebound comes ahead of the Asian session but has yet to challenge the broader bearish signals dominating the chart.
Fxstreet
Tue, Apr 15
Forex Today: The BoC meets, and Chief Powell speaks
The Greenback’s deep sell-off appears to have taken a breather on Tuesday despite trade tensions remained well in place, all against the backdrop of rising expectations prior to the release of US Retail Sales and the speech of Chair Powell on Wednesday.Fxstreet
Tue, Apr 15
US Dollar rebounds modestly but uncertainty looms over long-term prospects
The US Dollar (USD) gains limited ground on Tuesday as the US Dollar Index (DXY) is climbing back to the 100 region during North American trading hours. The index bounced from its recent three-year low amid oversold conditions, but sentiment remains fragile.Fxstreet
Tue, Apr 15
GBP/USD hits 6-month high above 1.3200 as markets shun USD amid tariff turmoil
The Pound Sterling rose and refreshed six-month highs against the US Dollar on Tuesday as the financial markets' narrative remains linked to the US imposing tariffs. Cable shrugged off soft UK jobs data; hence, the GBP/USD rallied 0.36% and traded at 1.3233.
Fxstreet
Tue, Apr 15
EUR/USD Price Analysis: Pair dips near range lows but maintains bullish momentum
The EUR/USD pair eased slightly on Tuesday’s session after the European close, slipping from earlier intraday highs and hovering near the lower end of its daily range. Price action trades around the 1.13 zone, mildly lower on the day, though the broader technical bias continues to favor buyers.
Fxstreet
Tue, Apr 15
GBP pushes to fresh highs – Scotiabank
Pound Sterling (GBP) is performing well on the day with a 0.4% gain vs. the US Dollar (USD) and outperformance against most of the G10 currencies as it pushed to fresh highs at levels last seen in October, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, Apr 15
