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US March CPI Up 2.4%, Dollar Index Drops Over 1.20% as EUR/USD Hits 1.1115

April 10, 2025 1:47 pm
Key moments EUR/USD climbed 1.56% to 1.1115 on Thursday. According to a report published by the Bureau of Labor Statistics, the US CPI rose 2.4% in March, short of analyst expectations. The US Dollar Index dropped 1.24%, continuing to trade below 200. Tariff Woes Weigh on US Dollar, EUR/USD Stays Above 1.1000 The EUR/USD currency […] Read more

Bitcoin Stable Above $81,000

April 10, 2025 11:15 am
Key moments Bitcoin’s price has recovered to $81,726. Earlier, the coin rose even higher to around $83,468. Crypto enthusiasts’ optimism can be traced back to an announcement issued by President Donald Trump on Wednesday regarding a temporary cancellation of major tariffs on imports from US trade partners. Bitcoin Sustains $81,000 Level After Tariff-Fueled Rally Bitcoin’s […] Read more

GBP/USD Bounces 0.45% to 1.2872

April 10, 2025 9:28 am
Key moments The British Pound appreciated 0.45% against the US dollar on Thursday, with the exchange rate reaching 1.2872. The sterling was bolstered by news of the Trump administration temporarily halting most US tariffs of over 10%. The FTSE 100 also reacted positively to the news, with Barclays PLC climbing just over 10.80%. Tariff Relief […] Read more

BTC Climbs 1.84% to $77,653, CryptoQuant Data Reveals Over 5.1M Bitcoins Held at a Loss

April 9, 2025 2:30 pm
Key moments Bitcoin achieved a Wednesday uptick of 1.84%. The cryptocurrency continues to face considerable resistance at the $80,000 mark. According to data from CryptoQuant, 26% of the circulating Bitcoin supply is “underwater.” Over a Quarter of Bitcoin Investors Face Losses Despite Recent Rise Above the $77,650 Price Point Bitcoin managed to gain ground on […] Read more

Ethereum Plunges Below $1,500 Following World Liberty Financial’s 5,471 ETH Liquidation

April 9, 2025 1:28 pm
Key moments Ethereum sank 1% on Wednesday, with its price hitting $1,457. The ETH/USD pair is also down, decreasing 1.24% to 0.01906. Price movements were influenced by US tariff policies along with a recent transaction that saw World Liberty Financial sell 5,471 ETH. Ethereum Drops Further as World Liberty Financial Executes Massive Selloff Ethereum experienced […] Read more

RBNZ Cuts Interest Rates to 3.50%, NZD/USD Surges Above 0.5550

April 9, 2025 10:44 am
Key moments The NZD/USD exchange rose 0.38% to 0.5554 on Wednesday. Global markets struggle as the Trump administration’s import tariffs come into effect. The Reserve Bank of New Zealand opted to reduce the country’s interest rate by 25 basis points. Kiwi Dollar Gains Post-RBNZ Rate Cut The New Zealand dollar achieved an upward trajectory against […] Read more

USD/INR Reaches 86.1280 Following Rupee’s Two-Week Low

April 8, 2025 2:31 pm
Key moments The USD/INR pair rose 0.36% to 86.1280 on Tuesday. The Indian rupee fell even further earlier in the trading session, dropping to a low last witnessed in March as the USD/INR jumped to 86.29. Tuesday saw the Nifty 50 enjoy gains, climbing 1.69% to close at 22,535.85 INR. Dollar Gains Momentum Against Rupee […] Read more

NZD/USD off 60 1/2-month low ahead of RBNZ meeting

April 8, 2025 11:13 am
The NZD/USD currency pair rebounded from yesterday’s 60 1/2-month low of 0.5505 on Tuesday, as market players navigated shifting global trade dynamics ahead of the outcome of the RBNZ’s policy meeting on April 9th. US President Trump has indicated willingness to engage in trade negotiations with major partners, which paved the way for some optimism […] Read more

Bitcoin Struggles to Reclaim $80,000

April 8, 2025 10:09 am
Key moments Following a turbulent start to the week, Bitcoin has shown signs of recovery but is failing to stay above the $80,000 threshold. At press time, Bitcoin is trading near $79,000. A key factor fueling recent price instability is the ambiguity surrounding impending United States tariff policies. Bitcoin Lingers Below $80,000 After a significant […] Read more