Ripple (XRP) ticks up and trades above $1.32 on Friday. Bulls are slowly returning to the market as dust from this week’s macro crosswinds and regulatory headwinds settles.

India FX Reserves, USD down to $780.78B in September 7 from previous $785.71B

United Overseas Bank’s (UOB) Quek Ser Leang notes that AUD/USD has rebounded after an oversold slide, with intraday price action now expected between 0.7095 and 0.7130.

The Euro (EUR) extends gains against the Japanese Yen (JPY) on Friday, after some hesitation, amid the Bank of Japan (BoJ) Governor Ueda's hawkish rhetoric at the post-meeting press conference.

Here is what you need to know on Friday, September 18:

Ripple (XRP) remains in bearish hands on Thursday, trading near $1.30 while bulls defend a short-term moving average support cluster.

Here is what you need to know on Thursday, September 17:

The Fed has raised its rate to 3.75-4.00%, its first increase since 2023 and its first move since the cut in December 2025. The rate it controls is the overnight one. Everything further out is set by people buying and selling bonds, and they have been selling.

Ripple (XRP) trades lower around $1.28 on Wednesday, as investors broadly assess the impact of the failed United States (US) Senate vote on the CLARITY Act and the upcoming Federal Reserve (Fed) monetary decision. 

UOB’s Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating just below major resistance at 0.8205 after trading between 0.8164 and 0.8198.

The Euro (EUR) edged up against a softer British Pound (GBP) after UK Consumer Prices Index (CPI) data revealed that inflation grew in line with market expectations in August.

Here is what you need to know on Wednesday, September 16:

The US Dollar Index (DXY) gained to 99.60 mark on Tuesday, and the bond market drove the move.

Ripple (XRP) is losing strength, trading below $1.40 on Tuesday. Although minor, the correction comes after a sharp move toward $1.50 the previous day and aligns with a lethargic outlook in the broader crypto market.

United States (US) 10-year Treasury Yields have hit a fresh high of 5.03%, the level never seen in a little over 19 years. Higher yields on US bonds indicate rising interest obligations for the government, which generally leads to significant bond-buying operations by the administration.

Dogecoin (DOGE) hovers around $0.083 at the time of writing on Tuesday after finding support around the key support zone the previous day. Quiet institutional demand, along with mixed derivatives positioning, suggests fading interest in the dog-themed meme coin.

UOB’s Quek Ser Leang notes GBP/USD rebounded from 1.3479 to close at 1.3535 after an overdone drop, with intraday price action expected to consolidate between 1.3485 and 1.3540.

The Euro (EUR) opened the week in the same weak tone it closed the last one, as the British Pound (GBP) got a boost from strong UK Gross Domestic Product (GDP) and Industrial Production data.

Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines.

India FX Reserves, USD: $785.71B (August 31) vs $740.8B

UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June.

UOB’s Quek Ser Leang and Lee Sue Ann keep a negative stance on USD/CNH around 6.7060, though recent price action has been confined to 6.7033–6.7074. They see current moves as range trading between 6.7030 and 6.7100 intraday.

Ripple (XRP) falls for the second straight day, trading at $1.37 on Thursday.

UOB’s Quek Ser Leang and Lee Sue Ann keep a range-trading view on USD/CHF around 0.8100, after the pair held between 0.8065 and 0.8109 and closed near 0.8099. They now expect a slightly narrower 0.8060–0.8135 band to contain moves in the coming weeks.

Ripple (XRP) and Stellar (XLM) trade under pressure on Thursday after losing over 2% and 3% so far this week. XRP and XLM are both nearing their crucial support zones, which could determine the next directional move.

The New Zealand Dollar trades lower against the US Dollar (USD) for the third consecutive day on Wednesday, extending losses below 0.5850 to test four-week lows at the 0.5835 area.

Useless (USELESS) extends its upward trajectory, trading above $0.26 on Tuesday. The meme coin shows strong breakout potential after establishing firm support at $0.20, following an impressive 260% rally from lows near $0.15 on September 1 to a peak of approximately $0.32 last Saturday.

Ripple (XRP) is grinding upward and getting closer to a short-term breakout above $1.40 on Tuesday. This uptick follows the remittance token's defense of support at $1.38, after a short-lived attempt to breach selling pressure at $1.50 last week.

The Euro (EUR) remains flat against the British Pound (GBP) on Monday, with German Trade Balance data failing to provide any significant support. This leaves the EUR/GBP pair looking for direction within a tight range below 0.8590, after rejection above 0.8600 last week.

Ripple (XRP) and Stellar (XLM) hold above the key support zones on Tuesday, hinting at an upside move. Derivatives metrics further support the recovery, with both altcoins showing positive funding rates and rising long positions.