Streetbeat News

Forex Markets

NZDUSD

The NZD/USD currency pair is experiencing a continued bearish trend, trading in the mid-0.5600s. Technical indicators like MACD and RSI suggest a negative sentiment, with key moving averages sloping downward. Support levels are expected below 0.5670, while resistance remains near 0.5700-0.5710.

Portfolio Pulse from

March 31, 2025 | 10:45 pm

FXB

The article analyzes forex market seasonal patterns for April 2025, highlighting historical performance of major currency pairs. GBP/USD shows the most promising trend with an average gain of +0.66% since 1971, maintaining potential upside as long as it stays above the 200-day moving average around 1.2800.

Portfolio Pulse from

March 31, 2025 | 8:00 pm

UUP

RBC Capital Markets' global head of FX strategy, Elsa Lignos, suggests that financial markets are closely examining whether the 'U.S. exceptionalism story' is losing momentum. The analysis focuses on the dollar's performance and potential economic shifts under current geopolitical conditions.

Portfolio Pulse from

March 31, 2025 | 7:30 pm

XAUUSD

Gold prices reached a historic milestone, breaking through $3,100 and touching an all-time high of $3,127 on Monday. The surge is driven by investor concerns over US trade policies and geopolitical uncertainties, prompting a flight to safe-haven assets.

Portfolio Pulse from

March 31, 2025 | 7:15 pm

FXE

UUP

The US Dollar Index is gaining ground following a weaker-than-expected Dallas Fed Manufacturing Index report. Forex markets are experiencing shifts across multiple currency pairs, with potential movements driven by economic data and anticipated tariffs.

Portfolio Pulse from

March 31, 2025 | 5:00 pm

UUP

The EUR/USD currency pair experienced a mild decline during Monday's trading session, settling near the 1.08 zone. Despite the intraday bearish price action, longer-term technical indicators continue to signal an underlying bullish structure for the currency pair.

Portfolio Pulse from

March 31, 2025 | 4:30 pm

FXE

The Pound Sterling (GBP) is experiencing downward pressure against the US Dollar (USD) ahead of President Trump's expected tariff announcement on 'Liberation Day'. Market sentiment is cautious, with safe-haven demand for the USD increasing and potential economic growth concerns emerging.

Portfolio Pulse from

March 31, 2025 | 4:15 pm

FXB

The British Pound (GBP) is experiencing a decline against the US Dollar (USD) as markets anticipate potential new tariffs by President Trump. The currency pair GBP/USD is currently trading at 1.2911, down 0.17%, reflecting growing market uncertainty about trade relations.

Portfolio Pulse from

March 31, 2025 | 4:15 pm

XRPUSD

XRP has experienced a sharp decline, dropping below $2.1 and losing 4.5% in 24 hours. The cryptocurrency is down 14% for the week and nearing a critical support level, with reduced retail interest and global trade tensions contributing to the downturn.

Portfolio Pulse from

March 31, 2025 | 3:45 pm

XRP-USD

A significant transaction of 40 million XRP (worth $83.5 million) was withdrawn from Bithumb, a top South Korean cryptocurrency exchange, to an anonymous wallet. Simultaneously, Ripple is expanding its cross-border payment services in Africa through a partnership with Chipper Cash, enabling faster and cheaper transactions for 5 million users.

Portfolio Pulse from

March 31, 2025 | 2:45 pm