Over the last 48 hours, Ripple’s XRP price has skyrocketed against the US Dollar. The XRP/USD pair climbed from $0.270 to $0.337 ( 21.6%) in less than 12 hours as traders responded to speculation surrounding the Ripple product (xRapid). Its total market capitalization now stands at $12.9 billion with an exchange-trading volume of $443 million

Over the past two weeks, there have been further declines in Bitcoin Cash (BCH) vs. the US Dollar. Yesterday, the price printed a new 2018 low at $407 as traders seem to be giving up on the digital asset. Technically, the BCH/USD longer-term trend remains bearish below trend-defining resistance at the September 2 high of

The U.S. Dollar Index has fallen to a fresh monthly trading low this morning as price sliced-through former key support, at 94.33. The British pound and New Zealand Dollar are leading the charge against the greenback, with the euro currency pressuring towards its best levels of the month against the U.S. Dollar as we head

Sterling bulls holding onto earlier gains GBP/USD pair trying to close above its 100-day moving average for the first time since April 27th The British pound is holding onto this mornings gains against the greenback, following another round of positive data from the United Kingdom economy. The GBP/USD pair is currently moving to fresh September

Watch today’s market update video for a quick update on the world’s major financial markets and economic events. NZDUSD overview following last night’s better than expected New Zealand GDP figures. EURUSD inches towards the upper end of the June to July range and a break to the July 31 high might send the Euro higher.

Norway’s Norges Bank hikes rates 0.25 basis points bringing rate to 0.75% Norwegian Krona dips Vs the euro on dovish forward guidance The Norwegian Krona has fallen sharply lower against the euro currency this morning despite Norway’s Norges Bank hiking interest 0.25 basis points, marking the central bank’s the first rate increase in seven years.

The New Zealand dollar soared against most major counterparts as the second-quarter GDP growth came in at 1.00%, better than economists’ forecasts of a 0.8% increase and the first quarter’s reading of 0.5%. In annualised terms, the GDP increased by 2.8%, beating market expectations of a 2.5% rise. According to the report, the growth was

August monthly UK retail sales 0.3% Vs -0.2% expected Year-on-year UK retail sales 3.3%Vs 2.3% expected The British pound trades higher against the U.S. Dollar after much better than expected retail sales data from the United Kingdom. The UK consumer outperformed market expectations in August, as monthly retail sales expanded 0.3% against expectations of a

The euro currency is once again testing the 1.1700 level against the U.S. Dollar this morning, as the greenback comes under renewed selling pressure. Bulls have been unable to break the 1.1730 level this week after numerous attempts, leaving the EUR/USD pair confined tight range-bound trading conditions. The TradeCaptain Sentiment Index shows that retail traders