GBP/USD continues its winning streak that began on April 8, trading around 1.3250 during Wednesday’s Asian session. The pair has maintained strong momentum, boosted by improved global risk sentiment after US President Donald Trump announced exemptions for key technology products from his new “reciprocal” tariffs.
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Gold price buying remains unabated; fresh all-time high and counting amid trade jitters
Gold price continues to attract safe-haven flows amid persistent trade-related uncertainties. Bets for aggressive policy easing by the Fed and a weaker USD also benefit the XAU/USD pair. Investors now look forward to Fed Chair Jerome Powell’s speech for some meaningful impetus.
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EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data
EUR/USD is trading around 1.1340 during the Asian hours on Wednesday, rebounding after two consecutive sessions of losses. The pair is drawing support from a more positive global risk sentiment, buoyed by US President Donald Trump's decision to exempt key technology products from his newly announced “reciprocal” tariffs.
Exchange inflows surge as XRP slides, what comes next?
Ripple corrected along with other major digital assets, including Bitcoin and Ethereum, and traded at $2.08 at the time of writing on Wednesday. The drawdown cut across the crypto market, causing the total capitalization to drop 3.2% to $2.736 trillion.
ZKsync suffers security breach; hackers steal $5 million worth of ZK tokens
ZKsync (ZK), an Ethereum layer-2 scaling solution, reported on Tuesday that its admin wallet had been compromised. The hacker then minted 111 million unclaimed ZK tokens worth $5 million. The ZK token price dipped nearly 19% and closed at a 5% loss that day.