June 3, 2025 8:47 am
Key Moments: The Australian dollar fell to 0.6453 following the release of the RBA’s May meeting minutes. Policymakers discussed a potential 50-basis-point rate decrease. According to market participants, the chances of further interest rate reductions being implemented in June now stand at around 70%. Australian Dollar Reverses Previous Day’s Gains The AUD/USD pair declined by […]
Read moreJune 2, 2025 2:18 pm
Key Moments: Lyra Therapeutics shares surged around 600% after the company reported that Phase 3 of its LYR-210 trial had been successful. ENLIGHTEN 2 trial met its primary goal, showing significant symptom improvement at 24 weeks. Management plans to pursue a New Drug Application for LYR-210 in patients without nasal polyps. Breakthrough Results in ENLIGHTEN […]
Read moreJune 2, 2025 12:31 pm
Key Moments: The Swiss franc appreciated by 0.5% against the US dollar on Monday, climbing to its highest level in around a month. President Trump announced a tariff hike on steel and aluminum to 50%, effective June 4th. The SNB is expected to cut rates to zero on June 19th. Frank Strengthens on Weaker Dollar […]
Read moreJune 2, 2025 8:32 am
Key Moments: Monday saw procure.ch and UBS disclose that the Swiss Purchasing Managers’ Index (PMI) had dropped to 42.1 in May, its lowest since December 2023. European stocks slid by over 0.5% shortly after markets opened on June 2nd. China and the US exchanged accusations over trade agreement violations, and Trump announced an additional 25% […]
Read moreJune 2, 2025 6:49 am
Key Moments: The US dollar index declined 0.5% to 98.959 on Monday amid renewed tariff concerns. EUR/USD hovered near 1.1400 as it rose 0.48%. President Trump announced plans to increase the duties on steel and aluminum imports to 50% starting Wednesday. Dollar Slides as Trade Frictions Intensify The US dollar fell on Monday as investors […]
Read moreMay 30, 2025 1:32 pm
Key Moments: EUR/USD fell around 0.3% on Friday, dropping to 1.1332. TD Securities has projected a decline in the euro to 1.1100 in the second quarter. German retail sales dropped 1.1% last month, while Eurozone inflation data fueled expectations of an imminent 25-basis-point ECB rate cut. EUR/USD Slips on Friday, Euro to End May Flat […]
Read moreMay 30, 2025 7:28 am
Key Moments: US equities advanced Thursday, driven by Nvidia’s strong quarterly results. Friday’s futures contracts inched down as investors reacted to a federal appeals court ruling reinstating Trump’s tariffs. Nasdaq 100 e-minis dropped 0.3%, S&P 500 contracts fell 0.24%, and Dow futures edged 0.13% lower. Wall Street Rallies on Nvidia, Faces Reversal in Futures Major […]
Read moreMay 30, 2025 6:46 am
Key Moments: Tokyo’s consumer prices saw a 3.6% increase in May, the highest rise in around two years. A growing consensus among market participants points to a 25-basis-point interest rate hike by the Bank of Japan coming in July. The Japanese yen strengthened against the US dollar on Friday, with the USD/JPY falling 0.22% to […]
Read moreMay 29, 2025 1:51 pm
Key Moments: Ethereum gained substantially in early trading hours on Thursday, with its price breaching the $2,800 mark. The coin retreated to $2,675.80 after the surge. ETH rose roughly 50% during the month, sharply outperforming Bitcoin’s gain of over 10%. Traders rotated toward Ether amid rising demand, fueling wallet activity and network usage. May Delivers […]
Read moreMay 29, 2025 10:16 am
Key Moments: Crude oil futures climbed after a US court ruling challenged most of President Trump’s tariff policies. Brent contracts rose 1.24%, and WTI futures rallied by 1.37%. US crude inventories dropped by 4.236 million barrels last week, according to API data. Oil Advances on Legal Setback for US Tariffs Crude oil futures rose sharply […]
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