May 24, 2025 10:15 am
The EUR/CHF currency pair settled above Friday’s low of 0.9292, its weakest level since May 6th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
Read moreMay 24, 2025 7:14 am
The EUR/GBP currency pair settled above Friday’s low of 0.8379, its weakest level since April 3rd, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. At the same time, Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB […]
Read moreMay 23, 2025 2:53 pm
Key Moments: Bitcoin and Ethereum ETFs attracted a total of $1.05 billion in net inflows on Thursday. Ethereum ETFs saw $110.5 million in net inflows, their best since February 4 The figures failed to aid prices on Friday, as Bitcoin dropped 1.1% to 109,872, while Ethereum fell 3.19% to 2,579.37. Bitcoin ETFs Attract Highest Daily […]
Read moreMay 23, 2025 2:11 pm
Key Moments: India’s foreign exchange reserves dropped by $4.9 billion to $685.73 billion last week. The Indian rupee advanced 0.87% against the greenback. India’s 10-year government bond saw its yield decrease by 2 basis points. FX Reserves Decline Sharply Figures published by the Reserve Bank of India on Friday showed that during the week ending […]
Read moreMay 23, 2025 9:37 am
Key Moments: The EUR/USD pair surged 0.6% and above 1.1340 on Friday, marking the euro’s highest level since early May. Germany’s Q1 GDP growth now stands at 0.4% on strong consumption and investment activity. Markets forecast that the ECB will initiate interest rate cuts in early June. Euro Strength Supported by Germany’s Surprising Momentum The […]
Read moreMay 23, 2025 8:47 am
Key Moments: April retail sales in the UK rose by 1.2%, exceeding forecasts of 0.3%. Ofgem is reducing the UK’s energy price cap by 7%. The sterling experienced a notable climb of 0.53% to 1.3489 on Friday GBP/USD Breaches 1.3480 The sterling managed to reach its highest valuation in several years on Friday, with the […]
Read moreMay 23, 2025 6:42 am
Key Moments: The Australian dollar rebounded 0.4% against the greenback as long-term treasury yields fell. Reserve Bank of Australia Governor Michele Bullock expressed openness to additional rate cuts. The US Dollar Index dropped 0.33% to 99.563 on Friday. Greenback Retreats Amid Political and Fiscal Uncertainty The AUD/USD advanced by 0.4% on Friday, reaching 0.6436 as […]
Read moreMay 22, 2025 11:54 am
Key Moments: The euro slid 0.26% against the greenback on Thursday. May witnessed the Eurozone’s Composite PMI dip to 49.5, exerting pressure on the EUR/USD. The Dollar Index rose 0.12% following news of Trump’s tax and spending bill being passed in the US House. Euro Tumbles After PMI Data Signals Economic Contraction The euro lost […]
Read moreMay 22, 2025 6:49 am
Key Moments: Bitcoin rallied to record-high figures above $111,000 on Thursday. The surge followed progress on the stable coin-focused GENIUS Act bill’s backing by the Trump administration. Institutional appetite grew, with Strategy purchasing $765 million in Bitcoin this week. Bitcoin Jumps Past Previous Peak Amid Legislative Tailwinds Bitcoin climbed beyond the $111,000 mark on Thursday. […]
Read moreMay 21, 2025 12:38 pm
Key Moments: EUR/USD surged by 0.4% on Wednesday. President Trump could not to gain Republican support for a new $3-$5 trillion tax-cut proposal. The euro rose following Trump’s commentary on a potential Russia-Ukraine ceasefire. EUR/USD Extends Rally as Dollar Faces Persistent Headwinds The euro climbed sharply against the US dollar on Wednesday, with the EUR/USD […]
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