June 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 9:30 am
Key Moments: XRP suffered another price drop on Monday by falling 1.12% to $2.156. Ripple conducted transfers of 130 million XRP, sparking market apprehension. Lawyer Bill Morgan emphasized that according to a ruling by Judge Torres, XRP is not a security. Ripple Moves 130 Million XRP, Coin Falls Over 1% XRP continued its decline on […]
Read moreJune 2, 2025 7:36 am
Key Moments: Australia’s commodity price index advanced by 0.4% in May. The AUD/USD pair rebounded 0.8% to 0.6483 following last week’s decline. US President Donald Trump is increasing steel and aluminum tariffs to 50%. Australia’s Commodity Prices Edge Higher New data from the Reserve Bank of Australia showed that the Index of Commodity Prices increased […]
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 moreJune 1, 2025 5:07 pm
The NZD/NOK currency pair settled below recent high of 6.1075, its strongest level since May 20th, in the wake of the RBNZ’s policy decision. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This way, borrowing costs were […]
Read moreMay 31, 2025 5:27 pm
The NZD/SEK currency pair settled below recent high of 5.7837, its strongest level since May 14th, in the wake of the RBNZ’s policy decision and Swedish GDP data. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This […]
Read moreMay 31, 2025 12:16 pm
The EUR/NZD currency pair settled above recent low of 1.8835, its weakest level since May 14th, in the wake of the RBNZ’s policy decision and as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% […]
Read moreMay 31, 2025 9:06 am
The EUR/CHF currency pair settled below recent high of 0.9390, its strongest level since May 19th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […]
Read moreMay 31, 2025 6:27 am
The EUR/SEK currency pair settled above recent low of 10.7874, its weakest level since April 4th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […]
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 […]
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