Forex News and Market Analysis

Wednesday, April 16, 2025

DeFi Exodus Hits $12B—Ethereum (ETH) Slides to $1,567

By Arslan Butt, Index & Commodity Analyst
2 min read
Ethereum is down again, at $1,567 as bearishness sweeps the DeFi sp ...
59 minutes

Scam Alert: UK MP Lucy Powell’s X Account Used to Pump Coin

By Arslan Butt, Index & Commodity Analyst
2 min read
...
1 hour

Will a Surprise BoC Rate Cut Push USD/CAD Past 1.40?

By Skerdian Meta, Lead Analyst
2 min read
Today markets are split 50/50 on the BOC rate decision, but we might se a 25 bps cut after the highe ...
1 hour

Access: Nigeria’s Largest Bank’s Net Interest Income Surge

By Olumide Adesina, Financial Market Writer
1 min read
Access Holdings Plc's audited financial statement for the fiscal year 2024 reveals a 3.7 percent inc ...
3 hours
Today we have the US retail sales and Bank of Canada meeting, which might offer some reprieve for ma ...
3 hours

Nvidia Recovers Above $112 Despite $5.5B China Hit from US Export Curbs

By Arslan Butt, Index & Commodity Analyst
2 min read
Nvidia Corporation (NVDA) is facing a substantial financial setback after the U.S. government implem ...
4 hours

EUR/USD on the Move—Can It Hit 1.1475 Before ECB?

By Arslan Butt, Index & Commodity Analyst
2 min read
...
5 hours
Ethereum (ETH) struggles to maintain its position above the $1,500 level, declining 2.4% in the past ...
6 hours

XRP Eyes $2.50 After ETF Filing as Trading Volume Tops $3B

By Arslan Butt, Index & Commodity Analyst
2 min read
XRP is being watched closely as speculation grows over a spot XRP E ...
6 hours

Binance, Kucoin battle Service disruptions due to AWS Data

By Olumide Adesina, Financial Market Writer
1 min read
An Amazon Web Services (AWS) data center outage caused transaction failures and forced withdrawal su ...
7 hours
After experiencing a catastrophic 90% price collapse over the weekend, the Mantra (OM) token has beg ...
7 hours

Nvidia project $5.5 billion Loss as U.S. government tightens AI chips Export

By Olumide Adesina, Financial Market Writer
1 min read
Nvidia will experience a significant financial setback after the U.S. government imposes new restric ...
7 hours

Ripple expects SEC Approval on XRP For Payment

By Olumide Adesina, Financial Market Writer
1 min read
Brad Garlinghouse, Ripple's chief, highlighted that the Securities and Exchange Commission (SEC) may ...
7 hours

Bitcoin Wobbles Below $84,000 as ETF Inflow Concerns and Death Cross Loom

By Arslan Butt, Index & Commodity Analyst
3 min read
Bitcoin (BTC) is currently trading below the $84,000 mark, down by over 1.5% in the past 24 hours, a ...
8 hours

Wall Street Slips Despite Strong Bank Earnings

By Ignacio Teson, Economist and Financial Analyst
1 min read
U.S. markets edged lower on Tuesday, weighed down by ren ...
9 hours

Mexican Peso Slips as Markets Eye Trump’s Trade Policies

By Ignacio Teson, Economist and Financial Analyst
1 min read
The Mexican peso depreciated slightly against the U.S. d ...
9 hours

Cryptocurrencies Struggle to Recover as Bitcoin Falls Below $83,500

By Ignacio Teson, Economist and Financial Analyst
2 min read
The cryptocurrency market continues to experience high v ...
9 hours
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