Euro (EUR) drifted lower after rising to >3Y high of 1.1570 levels last week. De-escalation in tariff angst somewhat slowed USD’s decline and helped to moderate the pace of rally in EUR. EUR was last seen at 1.1390 levels, OCBC's FX analysts … [Continue reading]
Japanese Yen keeps the red amid positive risk tone; downside seems limited
The Japanese Yen attracts some sellers as easing trade tensions undermines safe-haven demand.Hopes for a US-Japan trade deal and geopolitical risks should help limit any meaningful downfall.The divergent BoJ-Fed policy expectations should further … [Continue reading]
EUR/USD drifts lower to near 1.1400 on tariff uncertainty
EUR/USD softens to around 1.1415 in Tuesday’s early Asian session.Bessent said it’s up to China to de-escalate the trade war.Traders raise their bets on the ECB rate reductions. The EUR/USD pair edges lower to near 1.1415 during the early Asian … [Continue reading]
US Dollar softens amid trade doubts and cautious sentiment
US Dollar Index drifts lower near 99.33 as doubts about US-led tariff reductions grow.China denies ongoing trade negotiations; US trade policy shifts viewed as long-term destabilizing.Technical indicators tilt bearish, with resistance levels at … [Continue reading]
XRP extends gains ahead of futures ETFs launch this week
XRP climbs on Monday as traders digest the news of the SEC’s approval of ProShares XRP futures ETFs and their debut later this week.Bitcoin hovers around $95,000 amidst a market-wide recovery in crypto prices.Ripple President Monica Long killed the … [Continue reading]
EUR: The ECB is sounding pretty dovish – ING
The mood music coming from the European Central Bank (ECB) sounds pretty dovish, with some even happy to speculate over 50bp of rate cuts, ING's FX analyst Chris Turner notes.The worst case for EUR/USD is probably 1.1250"Concerns over inflation seem … [Continue reading]
Monero Price Forecast: XMR soars over 19% amid rising demand for privacy coins
Monero price extends its gains on Monday after rallying 9.33% the previous week.On-chain metrics paint a bullish picture, with open interest reaching its highest level since December 20.The technical outlook suggests a continuation of the rally with … [Continue reading]
US Agriculture Secretary says talking to 100 countries every day on trade, including China
US Agriculture Secretary Brooke Rollins said on Sunday that the Trump administration is having daily conversations with China over tariffs, per Reuters. Rollins noted that there were ongoing talks between the two nations and that trade deals with … [Continue reading]
Ethereum Price Forecast: ETH ETFs post first weekly inflows since February
Ethereum price today: $1,800Ethereum ETFs recorded weekly net inflows of $157.1 million this week, their first positive week since February.The institutional buying pressure follows President Trump's softening rhetoric on China tariffs and Paul … [Continue reading]
Defi Development Corporation files to offer $1 billion in securities to boost its Solana holdings
Defi Development Corporation filed a registration statement with the SEC to offer up to $1 billion in securities.The company also seeks to register up to 1,244,471 shares of common stock for potential resale by its existing stockholders.The company … [Continue reading]