After hitting fresh six-month peaks near 1.3250, GBP/USD is now under a tepid selling pressure due to a strong comeback in the Greenback, causing it to retreat toward the 1.3200 support area. Next on the UK docket are inflation figures, expected to be released on Wednesday.
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Editors’ Picks
EUR/USD remains offered and below 1.1300
EUR/USD is feeling the squeeze, revisiting the area around 1.1280 as the US Dollar gains extra momentum on Tuesday. Mixed domestic data from Industrial Production and Economic Sentiment haven't done the Euro any favours either.
UPCOMING CALENDAR EVENTS
|
GMT
|
Event
|
Vol.
|
Actual
|
Consensus
|
Previous
|
|---|---|---|---|---|---|
| Tuesday, Apr 15 | |||||
| n/a |
NZD
GDT Price Index
|
|
|
|
1.1%
|
| 15:30 |
|
3.820%
|
|
3.945%
|
|
| 16:00 |
|
|
|
|
|
| 20:30 |
|
|
-1.680M
|
-1.057M
|
|
| 23:10 |
|
|
|
|
|
| 23:50 |
|
|
1.1%
|
-3.5%
|
|
| 23:50 |
|
|
-1.4%
|
4.4%
|
|
| Wednesday, Apr 16 | |||||
| 01:00 |
|
|
|
0.06%
|
|
| 01:30 |
|
|
|
-4.9%
|
|
| 02:00 |
|
|
4.2%
|
4.0%
|
|
| 02:00 |
|
|
5.6%
|
5.9%
|
|
| 02:00 |
|
|
4.1%
|
4.1%
|
|
| 02:00 |
|
|
1.4%
|
1.6%
|
|
| 02:00 |
|
|
5.1%
|
5.4%
|
|
| 06:00 |
|
|
0.0%
|
0.6%
|
|
Editors’ Picks
Gold embarks on a consolidative move around $3,200
Gold is holding its own on Tuesday, trading just above $3,200 per troy ounce as it bounces back from earlier losses. While a more upbeat risk sentiment is bolstering the rebound, lingering concerns over a deepening global trade rift have prevented XAU/USD from rallying too aggressively.
XRP, Dogecoin and Mantra traders punished for bullish bets, will altcoins recover?
Altcoins are recovering on Tuesday as the dust settles on US President Donald Trump’s tariff announcements last week. The President has repeatedly changed his mind on several tariff-related concerns, ushering volatility in Bitcoin and altcoin prices.
Axiom’s volume surpasses $100M as meme trading platform war escalates on Solana
Axiom meme coin trading volume hit $101 million for the first time, surpassing other platforms on Solana. Axiom accounts for 30% of the ecosystem’s trading users, followed by Photon and Bullx at 24% each.