Ethereum's Price Holding: Ethereum is still above $2,200 despite recent issues.
Pectra Upgrade Problems: The new Pectra upgrade had issues on the Sepolia testnet.
Fixes Applied: Developers have now fixed the problems.
Market Sentiment: Some negative feelings remain due to the testnet failure.
Current Trend: Ethereum is rising on Wednesday.
AUD/JPY TRADES BELOW 92.00, EDGES LOWER DUE TO RBA RATE CUT EXPECTATIONS The AUD/JPY currency pair has declined below the 92.00 level, reflecting increased expectations that the Reserve Bank of Australia (RBA) will implement a rate cut in its upcoming May meeting. The AUD/JPY pair
USD/CHF SOFTENS BELOW 0.8300 AMID US TRADE CONFUSION The USD/CHF currency pair has declined below the 0.8300 level, reflecting increased demand for the Swiss Franc (CHF) amid uncertainties in U.S.-China trade relations and persistent geopolitical risks. The pair has fallen to approximately 0.8270
EUR/GBP REMAINS BELOW MID-0.8500S, LACKS BULLISH MOMENTUM The EUR/GBP currency pair continues to trade below the mid-0.8500s, indicating a lack of bullish conviction despite some buying interest during the Asian session on Monday. EUR/GBP is hovering just below the mid-0.8500s, up less than 0.
GBP/USD PRICE RETRACEMENT AHEAD? The GBP/USD exchange rate is poised for potential volatility this week, influenced by upcoming U.S. economic data and evolving trade dynamics. The preliminary estimate for Q1 2025 U.S. GDP growth is scheduled for release on Wednesday. A weaker-than-expected GDP figure could dampen