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EUR/USD Edges 0.20% Lower as Dollar Strengthens Amid Trade Uncertainty and Easing Signals from ECB

April 29, 2025 3:02 pm
Key Moments: EUR/USD slipped near 1.1390 during Tuesday’s North American session as the Dollar stabilized. ECB policymakers Rehn and Villeroy supported additional interest rate cuts to combat weak inflation potential. Spain’s Q1 GDP data missed forecasts, with inflation reaching 0.6% against expectations of 0.7%. Euro Pressured by ECB Dovish Tone The euro declined slightly against […] Read more

Bitcoin ETFs See Another $591.3M in Net Inflows, BTC Fluctuates Near $95,000

April 29, 2025 1:52 pm
Key Moments: US-listed Bitcoin ETFs attracted more than $3 billion in net inflows last week. The momentum did not slow on Monday, as SoSoValue data suggests daily inflows reached $591.3 million. Bitcoin was volatile on Tuesday, hovering around the $95,000 mark. Institutional Demand Shows no Signs of Waning A massive influx of institutional cash saw […] Read more

USD/SGD hovers above 1-week low on US auto tariff relief hopes

April 29, 2025 10:39 am
The USD/SGD currency pair hovered above a 1-week low of 1.3060 on Tuesday, as the Singapore Dollar advanced, tracking gains in other Asian currencies, after the Trump administration signaled a potential rollback of auto tariffs. The US intends to ease levies on foreign parts used in US-made vehicles and prevent overlapping duties on imported autos. […] Read more

SEC Greenlights ProShares’ XRP ETFs, Price Surges 3.31%

April 28, 2025 1:19 pm
Key Moments: ProShares Trust will launch several XRP ETFs on April 30th: Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF. The SEC did not object to ProShares Trust’s ETF plans. XRP’s price rose by 3.31%. ProShares Wins SEC Approval for XRP Futures Funds In a notable development for the digital asset space, […] Read more

Bitcoin Skyrockets Above $95,500 as ETF Inflows Surge to $3.06B

April 28, 2025 11:48 am
Key Moments: Bitcoin hit $95,523 on Monday during a 1.87% rally. Over $3.06 billion in net inflows into US Bitcoin ETFs were observed over the past week. A weakening dollar may be contributing to investors’ pivot toward Bitcoin. Bitcoin Breaches $95,500 Amid $3.06B Inflow Into Bitcoin ETFs On Monday, Bitcoin experienced an upward trajectory of […] Read more

GBP/CHF settles below 3-week high, posts weekly gain

April 27, 2025 3:42 pm
The GBP/CHF currency pair settled below Friday’s high of 1.1073, its strongest level since April 7th, after the latest UK retail sales data and as the Swiss Franc faced some pressure following statements by the Swiss National Bank. SNB Chairman Martin Schlegel issued a warning about the potential ramifications of the Trump administration’s tariff policies, […] Read more

AUD/RUB settles below 3-week high, posts weekly gain

April 27, 2025 11:39 am
The AUD/RUB currency pair settled below recent high of 53.624, its strongest level since April 3rd, in the wake of the Bank of Russia’s policy decision. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its April meeting, in line with market consensus. The central […] Read more

EUR/RUB settles below 1-week high, posts weekly gain

April 27, 2025 10:09 am
The EUR/RUB currency pair settled below recent high of 95.1960, its strongest level since April 16th, in the wake of the Bank of Russia’s policy decision. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its April meeting, in line with market consensus. The central […] Read more