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EUR/USD drops to multi-month lows below 1.0600 as USD rallies

EUR/USD drops to multi-month lows below 1.0600 as USD rallies

EUR/USD came under renewed bearish pressure and dropped to its lowest level since March below 1.0600 on Monday. While ECB President Lagarde's cautious comments on the policy outlook forces the Euro to stay on the back foot, the USD benefits from risk aversion and further weighs on the pair.

EUR/USD News

GBP/USD tests 1.2200 as mood sours

GBP/USD tests 1.2200 as mood sours

Following a short-lasting recovery attempt in the European session, GBP/USD turned south and touched its weakest level in six months near 1.2200. Following a bearish opening in Wall Street, the US Dollar continues to gather strength and causes the pair to stretch lower.

GBP/USD News

Worldcoin Price Prediction: Is WLD done with uptrend after 77% rally?

Worldcoin Price Prediction: Is WLD done with uptrend after 77% rally?

Worldcoin has paused its uptrend as it currently trades at $1.57. This move comes after the altcoin rallied a whopping 77% in just three days, between September 13 and 16. As WLD hovers aimlessly, investors need to be patient to catch the next volatile move. 

More Worldcoin News

Ethereum whales prepare ahead of futures Ethereum ETF approval on October 2

Ethereum whales prepare ahead of futures Ethereum ETF approval on October 2

Ethereum (ETH) price is likely going to witness a massive spike in volatility soon due to the circumstances surrounding the approval of the token’s futures Exchange-Traded Fund (ETF). According to Twitter users, the ETF is likely going to be approved on October 2. 

More Ethereum News

Ripple Price Forecast: Declining network growth and underwater XRP holders suggest more downside for XRP price

Ripple Price Forecast: Declining network growth and underwater XRP holders suggest more downside for XRP price

Ripple (XRP) price shows a lack of buying pressure after its win against the US Securities and Exchange Commission (SEC) on July 13. Since then, the remittance token has been on a downtrend. Considering Ripple’s current position, a further decline would not be surprising.

More Ripple News