April 17, 2025 7:20 am
Key moments Negative sentiment permeated across various sectors on Wednesday, with major US indices suffering declines. Nasdaq stocks suffered the most, closing the day with losses of over 3%. Investor apprehension mounted due to the White House’s decision to restrict Nvidia H20 chip exports to China. Fears were further exacerbated by Fed Chair Powell, whose […]
Read moreApril 16, 2025 12:28 pm
Key moments The EUR/USD pair’s Wednesday recovery saw it hit 1.1361. Meanwhile, the US Dollar Index remains stuck below the 100 mark. The US dollar is struggling amid prevailing unease surrounding global tariff-related tensions. Euro Gains Momentum While Dollar Weakens On Wednesday, the EUR/USD pair experienced a significant jump of 0.74% to reach 1.1361. This […]
Read moreApril 16, 2025 7:24 am
Key moments Most US major indices closed marginally lower on Tuesday, with the Nasdaq 100 being an exception. Nvidia will need to acquire new permits to sell its H20 AI chips to Chinese buyers, as announced by the Trump administration. Tech investors reacted negatively to the news, with Nasdaq 100 e-mini futures sliding 2.13% lower […]
Read moreApril 15, 2025 1:10 pm
Key moments The EUR/USD slid 0.35% on Tuesday, reaching 1.1309. In addition, the US Dollar Index increased by 0.25%. The German ZEW Economic Sentiment Index fell in April, weighing on the euro. Euro Under Pressure Against Dollar as Tariff Uncertainty Persists On Tuesday, the exchange rate between the euro and the US dollar suffered a […]
Read moreApril 15, 2025 8:07 am
Key moments AUD/USD experienced a notable increase on Tuesday, rising by 0.69%. A Washington decision to pause tariffs on Chinese electronics played a key role in the Australian dollar’s ascent. The US Dollar Index has thus far failed to climb above 100, which can be attributed to the back-and-forth nature of the US administration’s tariff […]
Read moreApril 14, 2025 2:39 pm
Key moments Apple’s shares enjoyed a notable boost on Monday, climbing by over 4.50%. Optimism surrounding the Trump administration’s move to postpone certain tariffs targeting Chinese electronics directly translated into a flurry of buying activity for Apple’s shares. Other tech stocks rallied as well, including giants like Nvidia and Dell Technologies. Investors Cheer Tariff Break: […]
Read moreApril 14, 2025 7:12 am
Key moments The EUR/USD surged on Monday, climbing 0.56% to 1.1421. In contrast, the US Dollar Index declined to just above 99.220. Potential fed rate cuts, as well as the ongoing trade war between the US and China, have weighed heavily on the dollar. EUR/USD Rockets Over 0.50% Amidst Weakening Greenback After a decline that […]
Read moreApril 11, 2025 2:35 pm
Key moments The US dollar suffered a significant decline against the Swiss franc, with the USD/CHF exchange rate dropping to 0.8154. The Dollar Index (DXY) continues trading below 100. As global trade conflicts continue heating up, many investors turn to the Swiss franc for its safe-haven status. Trade Anxieties Fuels Franc Rally The USD/CHF exchange […]
Read moreApril 11, 2025 12:46 pm
Key moments US exports to China have been hit with a higher tariff of 125%. Nikkei 225 shed over 1,000 basis points on Friday, while the ASX 200 fell 0.82%. Korean stocks also dropped by 0.50%. The Hang Seng and SSE indices bucked this trend. The former gained 1.13%, while the latter rose 0.45%. Trade […]
Read moreApril 11, 2025 8:35 am
Key moments The US Dollar Index sank 1.25% on Friday, breaching the 100 threshold to 99.654. The EUR/USD exchange rate rose by 1.64% to reach 1.1381. Tariff-fueled fears have exerted downward pressure on the greenback. Euro Ascends to Multi-Year Peak as Dollar Weakens Amid Trade Tensions Friday witnessed the euro experiencing a notable surge against […]
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