The US Dollar Index (DXY) rises toward the 98.50 region, reaching its highest level since late April after US Producer Price Index (PPI) data came in much hotter than expected.

The British Pound posted losses of 0.19% in back-to-back bearish days after a red-hot US inflation report, piling pressure on UK Prime Minister Keir Starmer to resign from his job. The GBP/USD trades at 1.3513 after peaking at 1.3551.

The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against the British Pound (GBP) to levels nearing 0.8650 at the time of writing, after failing at the 0.8700 area on Tuesday.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day, trading around 98.40 during the European hours on Wednesday.

Cosmos Hub (ATOM) price extends its rally, trading above $2.10 at the time of writing on Wednesday, up over 8% so far this week. On-chain data shows a bullish bias, with ATOM’s trading volume surging to a three-month high.

USD/JPY recovers some ground and rallies towards a daily four-day high near 157.80 as traders digest comments from US Treasury Secretary Scott Bessent on undesirable volatility in the FX space, prompting a Yen buy. At the time of writing, the pair is up by over 0.30%.

Silver price steadies following Monday’s advance of over 7%; gains 0.69% and trades at $86.58 after bouncing off daily lows of $83.05 at the time of writing.

The US Dollar Index (DXY) rallied toward the 98.30 region on Tuesday as hotter-than-expected United States (US) inflation data boosted Treasury yields and reinforced expectations that the Federal Reserve (Fed) may keep interest rates elevated for longer.

Switzerland Producer and Import Prices (MoM) came in at 0.8%, above forecasts (0.1%) in April

Ripple (XRP) and Stellar (XLM) prices trade cautiously at the time of writing on Tuesday, with improving momentum indicators and supportive on-chain metrics keeping hopes alive for an upside breakout for both altcoins.

BNP Paribas economists expect the US economy to grow above potential in 2026, with Gross Domestic Product (GDP) at 2.4% and inflation overshooting at 3.5%. They see the Fed Funds target range steady at 3.5%-3.75% as the Federal Open Market Committee (FOMC) adopts a two-sided outlook.

Cardano (ADA) price edges lower to $0.27 on Monday, after rallying over 13% the previous week. Despite the short-term pause, derivatives data shows mild bullish positioning among traders.

Ripple (XRP) appears to have found support at $1.38 on Friday, after a significant correction following its weekly high at $1.47, tagged on Wednesday. The remittance token shows subtle rebound signals, aiming for a short-term breakout above the $1.40 supply threshold.

India FX Reserves, USD declined to $690.69B in April 27 from previous $698.49B

Chiliz (CHZ) price is extending its gains, trading above $0.044 on Friday after posting three consecutive green candlesticks earlier this week. On-chain data shows that bullish price action is further supported by steadily rising whale accumulation.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day, trading around 97.90 during the European hours on Thursday.

USD/CHF edges lower, breaching a key support trendline at around 0.7800 as the pair extends its downtrend, falling over 0.50% at the time of writing. The pair trades at 0.7789, as traders target the March 10 swing low at 0.7748.

BNY’s Geoff Yu notes that the iFlow Carry index briefly turned negatively significant as investors sold nine of fifteen high-yield currencies, suggesting growing profit-taking after a resilient run.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is declining after three days of gains and trading around 98.00 during the European hours on Wednesday.

USD/CHF retreats during the North American session, yet extends edges lower 0.12% as the pair clashes with the confluence of a key resistance area comprised by the 20-, 100- and 50-day Simple Moving Averages (SMAs) at around 0.7842-57. At the time of writing, the pair trades at 0.7830.

Silver price trims some of its Monday losses, recovering some ground up 0.69% in the day, trading at $73.22 after bouncing off a daily low of $72.42. An improvement in risk appetite is underpinning the precious metals segment.

Ripple (XRP) and Stellar (XLM) remain under pressure on Tuesday as mixed market sentiment keeps price action subdued.

Cardano (ADA) trades slightly above $0.250 on Monday after taking a breather in the previous week. Neutral on-chain metrics and slight bullish derivatives data suggest cautious optimism among traders. On the technical side, fading bearish signals suggest a possible recovery for ADA.

AUD/USD holds to minimal gains of 0.10% late in the North American session, yet poised to finish the week up 0.84%. At the time of writing, the pair trades above 0.7200 as the ‘bullish engulfing’ chart pattern caps the Aussie on the downside.

Twilio (TWLO) stock rose as much as 21% on Friday morning as the market digested the cloud communications platform's first-quarter results, released afterhours on Thursday.

India FX Reserves, USD: $698.49B (April 20) vs previous $703.31B

The US Dollar Index (DXY) declined sharply to around 98.10 on Thursday after data showed the United States (US) economy grew at a lower-than-expected pace in the first quarter and amid Japanese authorities' first intervention in the foreign exchange market in almost two years.

Here is what you need to know on Thursday, April 30:

South Africa Private Sector Credit declined to 8.5% in March from previous 10.5%

Ripple (XRP) and Stellar (XLM) price action remains under pressure so far this week, with XRP and XLM extending their recent losses by over 4% and 6%, respectively.