May 13, 2025 12:28 pm
Key Moments: The EUR/USD pair hovers near 1.1100 as weak Eurozone trade prospects and ECB rate cut expectations impede climb. The ZEW economic sentiment index for Germany jumped to 25.2 in May, beating forecasts and aiding a mild euro. A temporary US-China trade truce and lack of EU-US trade progress supported near-term upside in the […]
Read moreMay 13, 2025 11:52 am
Key Moments: Bitcoin dropped to $100,502 before rebounding past the $103,800 mark. Arizona Governor vetoed key crypto legislation while enacting tighter restrictions on Bitcoin ATMs. Liquidations involving over $200 million in Bitcoin futures have been observed. Bitcoin Gains Ground Bitcoin started out Tuesday with a retreat, falling to $100,502 as investors trimmed positions in anticipation […]
Read moreMay 12, 2025 12:51 pm
Key Moments: The pound sterling fell 0.99% on Monday, hitting 1.3174. Washington and Beijing announced their agreement to cut tariffs by 115% for 90 days starting Wednesday. The US Dollar Index is rallying by over 1%. Pound Loses Ground Against Dollar May 12th witnessed the pound sterling depreciate significantly against the US dollar (USD), weakening […]
Read moreMay 12, 2025 12:03 pm
Key Moments: The EUR/USD pair dropped by 1.34% to 1.1095 on Monday. US and China agreed to a 115% reduction in tariffs for 90 days, bolstering the greenback. Additional rate cuts not recommended, according to the ECB’s Isabel Schnabel. Euro Slips Sharply Amid US Dollar Surge The EUR/USD currency pair dropped significantly on Monday, falling […]
Read moreMay 11, 2025 12:51 pm
The USD/MYR currency pair settled below Friday’s high of 4.3220, its strongest level since May 2nd, in the wake of the Federal Reserve’s and the Central Bank of Malaysia’s policy decisions. The Fed left its federal funds rate target range intact at 4.25%-4.50% for a third straight meeting in May, in line with market consensus. […]
Read moreMay 11, 2025 11:05 am
The GBP/SEK currency pair settled below Friday’s high of 12.9358, its strongest level since May 2nd, in the wake of the Bank of England’s and Sweden’s Riksbank policy decisions. The Bank of England lowered its benchmark interest rate by 25 basis points to 4.25% at its May policy meeting, in line with market expectations. Two […]
Read moreMay 11, 2025 8:41 am
The GBP/NOK currency pair settled above recent low of 13.6926, its weakest level since May 2nd, in the wake of the Bank of England’s and Norges Bank’s policy decisions. The Bank of England lowered its benchmark interest rate by 25 basis points to 4.25% at its May policy meeting, in line with market expectations. Two […]
Read moreMay 10, 2025 12:12 pm
The USD/NOK currency pair settled below Friday’s high of 10.4591, its strongest level since May 1st, in the wake of the Federal Reserve’s and Norges Bank’s policy decisions. The Fed left its federal funds rate target range intact at 4.25%-4.50% for a third straight meeting in May, in line with market consensus. The US central […]
Read moreMay 10, 2025 10:37 am
The USD/SEK currency pair settled below Friday’s high of 9.7658, its strongest level since May 1st, in the wake of the Federal Reserve’s and Sweden’s Riksbank policy decisions. The Fed left its federal funds rate target range intact at 4.25%-4.50% for a third straight meeting in May, in line with market consensus. The US central […]
Read moreMay 10, 2025 8:15 am
The GBP/USD currency pair settled above Friday’s low of 1.3211, its weakest level since April 17th, in the wake of the Federal Reserve’s and the Bank of England’s policy decisions as well as the announcement of a revised trade agreement between the US and the UK. The Fed left its federal funds rate target range […]
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