June 6, 2025 6:45 am
Key Moments: The yen depreciated against the US dollar for a second consecutive day, with the USD/JPY rising 0.44% to 144.12. April household spending fell by 0.1% in Japan. Safe haven demand diminished as risk appetite grew on expectations for renewed US-China trade negotiations. USD/JPY Nudges Above 144.00 as Sentiment Weighs on JPY The USD/JPY […]
Read moreJune 5, 2025 3:06 pm
Key Moments: GBP/USD soared above 1.3600 on Thursday amid a climb of over 0.35%. The US dollar Index remains under pressure below $99.00. US jobless claims unexpectedly rose to 247,000, surpassing forecasts and weakening the US dollar. Softening Greenback Fuels Sterling’s Climb The British pound continued its upward trajectory on Thursday, supported by broad-based pressure […]
Read moreJune 5, 2025 1:52 pm
Key Moments: The European Central Bank slashed interest rates to 2% as Eurozone inflation eased to 1.9%. EUR/USD advanced by 0.64% to 1.1490 shortly after the rate cut was announced. The US Dollar Index plummeted 0.45% to levels unseen in weeks following a brief recovery on reports of a phone call between Donald Trump and […]
Read moreJune 5, 2025 12:37 pm
Key Moments: The Indian rupee hovered around 85.77 per US dollar today. This follows an overall 1% decline in May due to tariff tensions, border disputes, and interest rate concerns surrounding the RBI’s monetary policy. Indian and US officials have begun the latest round of trade negotiations in New Delhi. Rupee Firms Amidst Global Uncertainty […]
Read moreJune 5, 2025 11:33 am
Key Moments: Bitcoin edged around 0.1% lower on Thursday, surrendering earlier gains that saw the token climb above $105,000. Total crypto market capitalization fell 3.25% to $3.41 trillion. Circle priced its IPO above expectations. Bitcoin Slides as Crypto Sphere Retreats Bitcoin failed to sustain its upward momentum on Thursday as it fell from earlier gains […]
Read moreJune 5, 2025 10:36 am
Key Moments: AUD/USD climbed to a weekly high of 0.6513 during Thursday’s trading session. The US Dollar Index remained stuck below 99.00. Weak economic data and renewed tariff tensions weighed on the USD. Greenback Slips Amid Weak Data and Trade Tensions A climb of 0.33% saw the AUD/USD breach the 0.6500 level on June 5th, […]
Read moreJune 5, 2025 9:37 am
Key Moments: Japan’s real wages dropped 2.3% year-over-year in April, extending their decline to a fourth consecutive month. GBP/JPY advanced by 0.5% and breached 194.00 on Thursday. UK exporters received a temporary exemption from the latest 25% hike to steel and aluminum tariffs. Japanese Real Wages Disappoint as US Excludes UK From Recent Tariff The […]
Read moreJune 5, 2025 6:48 am
Key Moments: USD/KRW sank to a 7-month low below 1,360 today. Investor confidence in the South Korean won improved after President Lee Jae-myung assumed office The US Dollar Index failed to reach 99.00. KRW Strengthens Amid Political Transition Thursday saw the South Korean won appreciate significantly against the US dollar. The USD/KRW pair is trading […]
Read moreJune 4, 2025 4:22 pm
The EUR/SEK currency pair held near a 1-month high of 10.9695 on Wednesday, as investors braced for the outcome of the European Central Bank’s policy-setting meeting. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis points to 2.15% at its June 5th policy meeting. And, the ECB […]
Read moreJune 4, 2025 1:58 pm
Key Moments: A 0.3% climb pushed the EUR/USD pair to 1.1403 on June 4th. May’s Eurozone Composite PMI has been revised and now stands at 50.2. The latest US ADP report showed that 37,000 private-sector jobs were added in May, far below expectations. Euro Strengthens on Positive PMI Data EUR/USD ticked higher today as updated […]
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