Bitcoin Falls to 2 Cents; Revolut Users Encounter Major BTC Price Error
The company acknowledged on Friday that Revolut’s app had been displaying wildly inaccurate cryptocurrency prices due to an outage with an external provider. Users shared numerous screenshots on social media showing Bitcoin priced at just 2 cents. External Providers Cited for Pricing Issues Revolut issued a statement confirming the problem, mentioning that their engineers are […]
USD/CHF Price Outlook: Current level tests the lower Bollinger band as bearish trend strengthens
On Friday, the US dollar against the Swiss franc was lagging, with expectations for a second consecutive week of declines due to a general weakening of the US dollar (USD). As of now, the pair is trading around 0.7773, which is close to a two-month low. Current price movements are notably influenced by geopolitical developments […]
GBP/USD Price Prediction: Must hold above 1.3600 for a new upward movement
On Friday, during European trading, the GBP/USD pair was up by 0.25%, hovering around 1.3590. This indicates that the British pound (GBP) is performing well, outperforming most major currencies, except for those from the antipodes, as investor confidence grows. As of now, S&P 500 futures have risen by 0.3% to about 7,360, signaling a strong […]
AUD/JPY Price Outlook: Gains due to better risk sentiment, maintains positive trend above 100-day EMA
During the early hours of Friday’s European session, the AUD/JPY pair was holding steady around 113.20. A potential ceasefire involving the United States and Iran seems to have positively influenced market sentiment, thus boosting the Australian dollar against the Japanese yen. President Trump’s administration is reportedly weighing its options in response to Iran’s proposal to […]
Silver price update for Thursday, May 7, 2026
As of 8:45 a.m. ET today, silver is priced at $81.55 per ounce, which marks a $5.05 rise from yesterday and more than $49 higher than this time last year. Historic Silver Performance Generally speaking, silver isn’t really seen as a way to rake in massive returns. Historically, it has trailed the stock market, specifically […]
US Dollar Index Price Prediction: Drops towards two-month lows around 97.50
The US dollar index (DXY), which reflects the strength of the US dollar (USD) against a basket of six key currencies, has seen a decrease for the second consecutive day, hovering around 97.90 during European trading hours on Thursday. A quick look at the daily chart reveals that the dollar index appears flat within a […]
USD/CAD Price Outlook: Moves up slightly above 1.3600, but negative trend continues below 100-day EMA
The USD/CAD currency pair saw small increases, hovering around 1.3635 during early trading in Europe on Thursday. This movement comes as oil prices have dipped, largely due to optimism about a potential peace agreement between the US and Iran, which negatively affects the Canadian dollar (CAD) that’s closely tied to commodity prices. US President Donald […]
EUR/USD Price Prediction: Indicates reduced volatility near 1.1750
EUR/USD is currently fluctuating around the 1.1750 mark in early trading on Thursday in Europe. As investors await Iran’s feedback on a US peace proposal aimed at regulating Tehran’s uranium enrichment and reopening the Strait of Hormuz, major currency pairs are showing some strength. Overall, global markets are maintaining a risk-on stance. Axios reports suggest […]
AUD/JPY Price Outlook: Moves up above 113.00, strong trend remains above important average
The AUD/JPY pair is picking up steam around 113.30 during Thursday’s European trading session. The Australian dollar has seen a slight increase against the Japanese yen, likely thanks to a more optimistic outlook after news surfaced about potential peace talks between the U.S. and Iran to conclude the ongoing conflict. According to officials, Iran is […]
GBP/USD Price Outlook: Sustains gains around 1.3600 as positive sentiment remains
GBP/USD Trends Higher GBP/USD has seen an upward trend for three days straight, trading around 1.3600 during the Asian session on Thursday. A look at the daily chart indicates that this bullish trend is gaining strength as the pair recovers from the lower boundary of its ascending channel. The currency pair is holding just above […]