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GBP/RUB settles below 2-week high, posts 1% weekly gain

April 26, 2025 11:11 am
The GBP/RUB currency pair settled below recent high of 111.220, its strongest level since April 9th, in the wake of the Bank of Russia’s policy decision, while the Pound seemed to have ignored robust UK retail sales data. The Bank of Russia (CBR) left its key policy rate without change at a record high of […] Read more

EUR/USD Slides 0.3% to 1.1353 as Dollar Rebounds

April 25, 2025 1:35 pm
Key moments Friday witnessed the EUR/USD pair decline by 0.30%. The US Dollar Index (DXY) rose 0.36% to 99.647. Commentary by ECB officials and reports of trade dispute de-escalation in Asia contributed to market sentiments. Euro Under Pressure Amid Dollar Index Uptick On Friday, the euro experienced a decline against the US dollar, with the […] Read more

Bitcoin Soars Beyond $94,900

April 25, 2025 12:40 pm
Key moments Bitcoin recorded a gain of 1.53% on Friday, reaching $94,967. Significant whale activity was observed during the rally, as suggested by Glassnode data. Today’s value appreciation happens after another day of significant inflows into Bitcoin ETFs, which exceeded $440 million. Bitcoin Climbs Amid Whale Accumulation and ETF Support Bitcoin’s price demonstrated renewed upward […] Read more

USD/RUB off 1 1/2-week high as CBR keeps rates at 21%

April 25, 2025 11:16 am
The USD/RUB currency pair pulled back from recent high of 83.9750, its strongest level since April 14th, as the Bank of Russia kept borrowing costs on hold, in line with market consensus. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its April meeting. The […] Read more

USD/CHF Breaches 0.8300 as SNB Voices Tariff Concerns

April 25, 2025 10:18 am
Key moments USD/CHF advanced beyond 0.8300 on Friday, climbing 0.43%. The US Dollar Index recorded an increase of 0.41% to 99.697, while the US treasury yield stayed near 4.30%. SNB Chair Martin Schlegel commented on the potential consequences of US tariffs on global markets and the economic health of Switzerland. USD/CHF Gains Momentum as SNB’s […] Read more

GBP/USD Climbs 0.41% to 1.3304

April 24, 2025 1:56 pm
Key moments The exchange rate between the British pound and the United States rose by 0.41% on Thursday. The US Dollar Index has not yet reached the 100 mark. Tariff uncertainties once again played a role in the dollar’s depreciation. Pound Appreciates 0.41% Against Dollar The GBP/USD pair has risen by 0.41%, reaching a level […] Read more