Streetbeat News

Forex Markets

BTCUSD

Crypto analyst Jamie Coutts suggests that a potential breakdown in the US Dollar Index (DXY) could signal upcoming Bitcoin price rallies. Historical data shows that significant DXY downward moves have preceded Bitcoin price increases of 30-60% within 90 days, potentially pointing to a strong May for cryptocurrency markets.

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April 01, 2025 | 6:15 pm

USDJPY

UUP

The U.S. Dollar Index is trading flat following the JOLTs Job Openings report, which showed a slight decrease in job openings from 7.74 million to 7.568 million. Forex traders are currently awaiting a tariff announcement expected tomorrow. The DXY remains below the 104.50 resistance level, with potential to move towards 105.50-105.70 if breached.

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April 01, 2025 | 5:00 pm

GBPUSD

The GBP/USD currency pair is experiencing minimal fluctuations around 1.2920, influenced by weak ISM Manufacturing PMI data and anticipated US tariff implementations. Market sentiment is cautious as investors await potential economic impacts from upcoming trade tensions.

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April 01, 2025 | 4:45 pm

UUP

The EUR/USD currency pair is experiencing a period of consolidation, trading near the 1.0800 level with minimal movement. Traders are currently evaluating conflicting technical indicators, which are preventing significant momentum in either direction.

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April 01, 2025 | 4:45 pm

FXY

The USD/JPY currency pair experienced a significant decline, approaching the 149.00 level, driven by market concerns over potential Trump-era tariff policies. The Japanese Yen gained safe-haven appeal as investors reacted to geopolitical and trade uncertainty.

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April 01, 2025 | 3:00 pm

UUP

The forex market is experiencing mixed signals with EUR/USD, USD/JPY, and AUD/USD showing limited movement. Technical analysis suggests range-bound trading with potential for a Golden Cross in EUR/USD, while USD/JPY faces uncertainty from central bank policies.

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April 01, 2025 | 1:45 pm

FXY

The US-Japan trade relationship is under strain due to potential reciprocal tariffs, which could impact currency markets and global trade dynamics. The USDJPY currency pair is experiencing volatility, with the Japanese yen strengthening against the US dollar amid concerns about potential economic repercussions.

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April 01, 2025 | 1:45 pm

COIN

DOGE-USD

Dogecoin (DOGE) has experienced a significant recovery, rising 8% in 24 hours with trading volume reaching $1.19 billion. The cryptocurrency is showing signs of potential bullish momentum after four consecutive days of decline, with traders watching key price levels around $0.20 and $0.24.

Portfolio Pulse from

April 01, 2025 | 1:15 pm

UUP

The EUR/USD currency pair is experiencing selling pressure, with market participants anticipating potential volatility around Liberation Day. Sellers currently maintain control of the market trend, suggesting potential further decline in the euro's value against the US dollar.

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April 01, 2025 | 1:00 pm

UUP

The GBP/USD currency pair is experiencing consolidation with potential downside risk, influenced by market concerns over US trade policy and geopolitical tensions. The pair is currently hovering near critical support levels around 1.2900, with traders cautious ahead of upcoming macroeconomic events.

Portfolio Pulse from

April 01, 2025 | 12:30 pm