April 22, 2025 8:24 am
Key moments The US Dollar Index fell to 98.310 on Tuesday. Treasury yields rose, with the 10-year yield surpassing 4.4% and the 30-year yield exceeding 4.9%. The AUD/USD pair climbed 0.14% to 0.6425. Greenback’s Decline Continues, Australian Dollar Soars The US dollar extended its downward spiral on Tuesday, hitting fresh multi-year lows as political uncertainty […]
Read moreApril 17, 2025 2:03 pm
Key moments On Thursday, the ECB lowered Europe’s interest rates by 25 basis points. The primary deposit facility rate now stands at 2.25%. The ECB’s decision to lower borrowing costs was primarily driven by growing concerns about the Eurozone’s weakening economic growth prospects. After the ECB’s announcement, the EUR/USD declined to 1.1355. Euro Loses Ground […]
Read moreApril 17, 2025 12:17 pm
Key moments Torex Gold Resources was among the top performers on the TSX Composite Index, climbing 9.85%. The TSX Composite edged a mere 0.16% higher. Canada’s interest rate remains at 2.75% as the BoC takes a cautious approach to monetary policy amid trade tensions. Torex Gold’s Share Price Jumps Amid Unchanged Interest Rates Wednesday witnessed […]
Read moreApril 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 […]
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