Here is what you need to know on Tuesday, April 22:The US Dollar (USD) accelerated its slump in thinned trading on Monday, as most Asian and European markets remained closed due to Easter Holidays. The Greenback fell to fresh multi-month lows against … [Continue reading]
EUR/GBP Price Analysis: Euro holds firm near 0.86 with bullish support from moving averages
EUR/GBP was last seen trading near the 0.8600 zone after modest gains in Monday’s sessionMACD signals buy while broader momentum remains neutralSupport builds around 0.8560 as moving averages continue to favor bullsThe EUR/GBP pair extended its … [Continue reading]
EUR/USD surges above 1.1500 as Trump attacks Fed’s independence
EUR/USD passes 1.1550 as US President Trump aims to remove Fed Chair Powell for not reducing interest rates.Escalating questions over the Fed’s independence have increased doubts over the USD’s credibility.The ECB is expected to cut interest rates … [Continue reading]
Japanese Yen seems poised to appreciate further against weaker USD amid trade woes
The Japanese Yen continues to attract safe-haven flows amid trade-related uncertainties.The divergent BoJ-Fed policy expectations also contribute to the USD/JPY pair’s decline.Slightly overstretched conditions on the daily chart warrant some caution … [Continue reading]
GBP/USD extends the rally to near 1.3350 on softer US Dollar
GBP/USD attracts some buyers to around 1.3350 in Monday’s early Asian session. The UK hopes to strike a deal with Trump after he imposed 10% tariffs on most imports of British goods to the US. Fed's Powell said the US central bank remains … [Continue reading]
Australia National Australia Bank’s Business Confidence (QoQ): -4 (1Q)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Mantra shares buyback and 300M token burn details as CEO commits personal holdings
Mantro CEO John Patrick Mullin pledges to burn all personal OM tokens amid controversy surrounding the native OM token. Mantra proposes a DAO vote to burn 300M team-allocated tokens, alongside launching a buyback program.The OM token crashed 90% … [Continue reading]
Arizona passes bill to create crypto reserve using public Treasury funds
Arizona has passed a bill proposing a state-managed cryptocurrency reserve including Bitcoin, stablecoins and NFTs.The bill authorizes the state treasurer to lend digital assets and invest through state-registered crypto products to generate … [Continue reading]
Crypto Today: BTC holds $85k, XRP and Solana prices stall as SEC delays Ethereum ETFs staking
The cryptocurrency market capitalization holds firm around the $2.7 trillion mark on Friday.The US SEC pushed back its April 17 deadline on whether Grayscale can permit staking to its Ethereum ETFs.Bitcoin price consolidates near $85,000, while … [Continue reading]
Gold ends week higher despite Powell’s pushback, trade uncertainty lingers
Gold rallies $90 this week as US Dollar weakens amid rising trade tensions and geopolitical risks.Fed’s Daly says policy is still restrictive; neutral rate may be rising, echoing Powell’s hawkish tone.Traders focus on key US data next week: Flash … [Continue reading]