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Dogecoin price rebounds 10% as Elon Musk’s Tesla loses $160B to US trade war: Is DOGE decoupling?
Dogecoin’s (DOGE) price soared 10% within 24 hours, reclaiming the $0.15 level on Tuesday as the global financials market staged a mild rebound after a week of persistent sell-side pressure.
Bitcoin
Fxstreet
Tue, Apr 8
EUR/USD Price Analysis: Euro holds steady near 1.0900 amid mixed momentum signals
The EUR/USD pair traded with a slight bearish bias on Tuesday after the European session, slipping mildly toward the 1.0900 region strugguling to hold earlier gains.
EUR/USD
Fxstreet
Tue, Apr 8
GBP/USD rebounds as Trump, Bessent stoke tariff deal hopes
The Pound Sterling recovers some ground against the Greenback on Tuesday, edges up 0.34% amid renewed hopes that tariffs are indeed used as a negotiation tools, as US President Donald Trump said that “many, many, countries that are coming to negotiate deals with us.” At the time of writing, the GBP/
GBP/USD
Fxstreet
Tue, Apr 8
GBP/USD edges slightly lower – Scotiabank
Pound Sterling (GBP) is soft, down a modest 0.2% vs. the US Dollar (USD) and a mid-performer among the G10 currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Tue, Apr 8
EUR underperforms amid broad USD losses – Scotiabank
Euro (EUR) is quietly consolidating in a tight range in the 1.09s, eking out a marginal gain against the US Dollar (USD) while underperforming all the G10 currencies in an environment of broad-based USD weakness.
EUR/USD
Fxstreet
Tue, Apr 8
USD: Equity markets steady, giving high beta FX a lift – Scotiabank
Markets are steadier so far today, with a lot more green on the screen than over the past few days.
Fxstreet
Tue, Apr 8
USD/CAD is down on broad USD weakness – BBH
Bank of Canada faces weak business outlook, BBH FX analysts report.
USD/CAD
Fxstreet
Tue, Apr 8
Gold price under pressure despite high risk aversion – Commerzbank
The Gold price was unable to escape the sell-off on the commodity and financial markets and also fell significantly, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Tue, Apr 8
Bitcoin Price Forecast: MicroStrategy’s SEC form 8-K filing hints at possible Bitcoin sales to meet financial obligations
Bitcoin (BTC) price stabilizes around $79,000 at the time of writing on Tuesday after reaching a new year-to-date low of $74,508 the previous day.
Bitcoin
Fxstreet
Tue, Apr 8
USD/CNH: Set to weaken to 7.2430 before stabilisation can be expected – UOB Group
Scope for US Dollar (USD) to weaken to 7.2430 vs Chinese Yuan (CNH) before stabilisation can be expected; it is unclear if 7.2150 will come into view.
Fxstreet
Tue, Apr 8
USD/JPY gains on strengthening US Dollar – BBH
USD/JPY firmed up on USD strength, BBH FX analysts report.
USD/JPY
Fxstreet
Tue, Apr 8
USD/JPY: Likely to trade in a range between 146.00 and 149.00 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.00 and 149.00 vs Japanese Yen (JPY).
USD/JPY
Fxstreet
Tue, Apr 8
S&P 500 faces crucial support at 4800pts after breakdown – Société Générale
S&P 500 has experienced a steep decline after breaking down from its multi-month range, Société Générale's FX analysts note.
Fxstreet
Tue, Apr 8
NZD/USD: Likely to trade in a 0.5500/0.5600 range – UOB Group
New Zealand Dollar (NZD) is likely to trade in a 0.5500/0.5600 range vs US Dollar (USD). In the longer run, it is too early to expect the weakness to stabilise, but it remains to be seen if NZD can decline to the next support at 0.5450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Tue, Apr 8
USD/CNH eyes breakout as 7.37 resistance looms – Société Générale
USD/CNH has rebounded after defending the 200-DMA at 7.22. Daily MACD has entered positive territory highlighting regain of upward momentum, Société Générale's FX analysts note.
Fxstreet
Tue, Apr 8
AUD/USD: Likely to trade in a range of 0.5945/0.6110 – UOB Group
Instead of continuing to drop, Australian Dollar (AUD) is more likely to trade in a range of 0.5945/0.6110 vs US Dollar (USD).
AUD/USD
Fxstreet
Tue, Apr 8
USD: Wild moves continue – ING
Markets remain on edge as trade tensions, erratic headlines, and shifting currency dynamics drive sharp moves across asset classes. While some signs of optimism emerge, risks to the US dollar and commodity-linked currencies persist, ING's FX analyst Francesco Pesole notes.
Fxstreet
Tue, Apr 8
Confidence tumbles and US Dollar falls under pressure – Commerzbank
Business and consumer sentiment in the US is collapsing, and hard data may soon follow. With tariffs acting as an exogenous shock, investors are preparing for recession — not inflation — and abandoning the US Dollar, Commerzbank's FX analyst Antje Praefcke notes.
Fxstreet
Tue, Apr 8
GBP/USD: Set to edge lower to 1.2675 before stabilising – UOB Group
Pound Sterling (GBP) could edge lower to 1.2675 before stabilisation is likely vs US Dollar (USD); any further decline is unlikely to reach 1.2580.
GBP/USD
Fxstreet
Tue, Apr 8
NZD/USD sticks to gains near 0.5600 on weaker USD; bulls seem cautious amid tariff worries
The NZD/USD pair gains strong positive traction on Tuesday and builds on its steady intraday ascent through the first half of the European session.
NZD/USD
Fxstreet
Tue, Apr 8
Top 3 gainers Fartcoin, Hyperliquid and Telcoin: Asian session sparks tariff relief rally in meme coins and DeFi
The cryptocurrency market is experiencing a tariff relief rally, with altcoins like Fartcoin, Hyperliquid (HYPE) and Telcoin (TEL) bouncing back with double-digit gains. Fartcoin has jumped 28% in the past 24 hours, reaching $0.5801.
Fxstreet
Tue, Apr 8
EUR/USD: Likely to trade between 1.0860 and 1.1030 – UOB Group
Euro (EUR) is likely to trade between 1.0860 and 1.1030. In the longer run, decrease in momentum indicates the chance for EUR to rise has diminished; a breach of 1.0850 would suggest EUR has entered a range-trading phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD
Fxstreet
Tue, Apr 8
EUR: Stable short-term fair value around 1.090 – ING
EUR/USD is trading just below 1.10 after having oscillated in a wide band (1.088-1.104) since the weekend.
EUR/USD
Fxstreet
Tue, Apr 8
Forex Today: Tariff talks under scrutiny following volatile opening to week
Here is what you need to know on Tuesday, April 8:
Fxstreet
Tue, Apr 8
Tron Price Forecast: TRX stablecoin activity soars to $396 million in a week
Lookonchain data shows that in the past 7 days, stablecoins on Tron (TRX) increased by $396 million, reflecting growing network usage. Additionally, Artemis data shows that the TRX blockchain collected the most fees in the last 24 hours, with $1.3 million.
TRON
Fxstreet
Tue, Apr 8
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