News
Important Only
Tokyo and Washington prepare for crucial trade talks – Rabobank
The world will be watching the Japan/US trade talks that are due to start in Washington on Thursday. Japan is the first major country to have talks with the Trump administration since the Rose Garden tariff address on April 2, Rabobank's FX analyst Jane Foley notes.
Fxstreet
Mon, Apr 14
USD remains weak, stocks rebound – Scotiabank
A late Friday reprieve for consumer electronic imports from the 145% tariff on Chinese goods and the 10% flat rate tariff marks another concession to the global markets, allowing for solid gains in Asian and European equities, along with firmer US equity futures.Fxstreet
Mon, Apr 14
USD/CNH: Likely to trade between 7.2430 and 7.3700 for now – UOB Group
Chance for US Dollar (USD) to dip below 7.2700; the major support at 7.2430 seems to be out of reach. In the longer run, sharp but short-lived price action has resulted in a mixed outlook; USD is likely to trade between 7.2430 and 7.3700 for now.Fxstreet
Mon, Apr 14
USD/JPY: Likely to trade in a 142.30/144.30 range – UOB Group
US Dollar (USD) is likely to trade in a 142.30/144.30 range vs Japanese Yen (JPY). In the longer run, USD could continue to decline, but given the deeply oversold conditions, it remains to be seen if 139.55 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Apr 14
Does the weakness of the USD make it easier for other central banks? – Commerzbank
In addition to the flight to safe havens, the prospect of a further normalisation of monetary policy by the Bank of Japan is also likely to have supported the yen recently. According to statements made by BoJ Chairman Kazuo Ueda this morning, however, the central bank is leaving all options open.Fxstreet
Mon, Apr 14
NZD/USD: The next major resistance at 0.5905 is likely out of reach for now – UOB Group
The next major resistance for NZD/USD at 0.5905 is likely out of reach for now. In the longer run, NZD is expected to strengthen; the level to watch is 0.5905, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Apr 14
EUR/CHF: Tests Key Support at 0.9210 – Société Générale
EUR/CHF is testing a critical support level at 0.9210 after losing the 200-DMA earlier this month. A sustained break lower could open the door to deeper declines towards 0.9155 and 0.9050/0.9025, while resistance looms near the 200-DMA at 0.9410/0.9430, Société Générale's FX analysts note.
Fxstreet
Mon, Apr 14
Gold rebounds sharply after early april dip – Société Générale
Gold staged a strong V-shaped recovery after an early April pullback, holding key support near $3135. Despite overbought signals, momentum remains intact, with eyes now on the next upside targets at $3290 and $3345/3370, Société Générale's FX analysts note.
Fxstreet
Mon, Apr 14
Bitcoin Price Forecast: BTC retests key resistance at $85K, breakout to $90K or rejection to $78K?
Bitcoin (BTC) price edges higher and approaches its key resistance at $85,000 on Monday, with a breakout indicating a bullish trend ahead. Metaplanet announced Monday that it purchased an additional 319 BTC, bringing its total holdings to 4,525 BTC.
Fxstreet
Mon, Apr 14
AUD/USD: Chance to test the key resistance at 0.6390 – UOB Group
Further AUD strength is not ruled out, but any advance is likely part of a higher range of 0.6230/0.6330. In the longer run, AUD is likely to trade with an upward bias, potentially testing the key resistance at 0.6390, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Apr 14
USD: Hard to sustain those levels of volatility – ING
Last week’s FX volatility reached crisis-like levels, sparking fears of deeper market stress. A breakdown in traditional correlations and talk of coordinated dollar devaluation suggest global investors are bracing for structural shifts in US policy, ING’s FX analyst Chris Turner notes.Fxstreet
Mon, Apr 14
GBP/USD: Outlook for GBP has shifted to positive – UOB Group
Pound Sterling (GBP) is likely to trade in a range vs US Dollar (USD), probably between 1.3000 and 1.3145. In the longer run, outlook for GBP has shifted to positive; the two technical levels to watch are 1.3210 and 1.3290, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Apr 14
EUR: Tracing out a new 1.12-1.15 EUR/USD range – ING
EUR/USD did some serious damage to the long-term charts last week and broke out of a bear trend which had roughly contained price action since 2008. 1.11/1.12 is now going to be important support, and presumably the buy-side (including both the private and public sectors) will now be EUR/USD buyersFxstreet
Mon, Apr 14
NZD/USD Price Forecast: Hits fresh YTD top, bulls flirt with 200-day SMA near 0.5900
The NZD/USD pair is seen building on last week's solid recovery from the 0.5485 region, or its lowest level since March 2020, and gaining strong follow-through positive traction for the fourth successive day on Monday.Fxstreet
Mon, Apr 14
USD/CAD Price Forecast: Falls toward 1.3800 after posting fresh six-month lows
The USD/CAD pair continues its losing streak for the fourth successive session, trading near 1.3840 during early European hours on Monday. Technical analysis on the daily chart indicates a prevailing bearish bias as the pair moves downward within the descending channel pattern.Fxstreet
Mon, Apr 14
US SEC drops lawsuit against Nova Labs: HNT, IOT, and MOBILE rallies more than 50% in the last 7 days
Nova Labs, the founding team behind Helium (HNT), confirms that the US Securities and Exchange Commission (SEC) has dropped its suit against the firm, which still has to pay $200,000 to settle the SEC’s civil securities fraud charge.Fxstreet
Mon, Apr 14
Ripple Price Prediction: Is a breakout to $3 possible as XRP soars over 10% in a week?
Ripple (XRP) price grinds higher and trades at $2.15 during the early European session on Monday. The token sustained a bullish outlook throughout the weekend after reclaiming support above $2.00 on Friday.
Fxstreet
Mon, Apr 14