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 moreApril 8, 2025 9:04 am
Key moments The EUR/USD rose 0.33% on Monday, climbing past 1.0940. The US Dollar Index is down over 0.30%. The European Union Commission has announced its plans to implement reciprocal tariffs against the US, set at 25%. EUR/USD Steady Despite Tariff Tensions as EU Eyes 25% Retaliation Navigating a landscape thick with tariff tensions, the […]
Read moreApril 7, 2025 12:50 pm
Key moments Ethereum’s price plummeted 6.05% to $1,483 as global financial uncertainty, driven by US tariffs, forced many investors to steer clear of volatile assets like cryptocurrencies. The ETH/BTC ratio fell nearly 4%, reaching 0.01936. A substantial ETH holder offloaded $106 in Ethereum. Ethereum’s Value Suffers Amid Prevailing Market Pessimism Ethereum’s price experienced a significant […]
Read moreApril 7, 2025 11:40 am
Key moments The EUR/USD has been trading between 1.0900 and 1.1000 on Monday. Federal Reserve Chair Jerome Powell has publicly admitted that the Trump administration’s recent trade actions have a negative effect on the US economy’s expansion prospects. As predicted by JP Morgan analysts, US GDP growth could slow by 0.3% this year. Tariff Worries […]
Read moreApril 7, 2025 11:22 am
The AUD/JPY currency pair hovered just above a fresh 24 1/2-month low of 86.112 on Monday, as concerns of a full-blown trade war potentially sending the global economy into a recession prompted investors to increase bets on larger interest rate cuts in Australia. China announced on Friday it planned to implement 34% tariffs on all […]
Read moreApril 7, 2025 9:57 am
Key moments Bitcoin was hit with a substantial decrease in value on Monday, with its price plummeting to $76,143. This followed an even steeper drop below $74,600. Coinglass data highlights that approximately $1.38 billion in crypto liquidations occurred in the preceding 24 hours. Bitcoin’s price was affected by last week’s tariff announcement by US President […]
Read moreApril 7, 2025 7:46 am
Key moments The AUD/USD pair sank to the 0.6017 mark. Monday’s trading session also saw the Aussie tumble below 0.6000 at one point. Growing apprehension regarding the increasing likelihood of a global trade conflict weighs on the Aussie. AUD Loses Ground on Tariff Anxiety Monday saw the Australian Dollar’s exchange rate against the USD weaken […]
Read moreApril 6, 2025 2:46 pm
The AUD/GBP currency pair settled above a fresh 112 1/2-month low of 0.4651 and registered its worst weekly performance since late September 2022, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The […]
Read moreApril 6, 2025 7:55 am
The AUD/CHF currency pair settled above a fresh record low of 0.5136 and registered its worst weekly performance since mid-January 2015, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The move came […]
Read moreApril 5, 2025 8:44 am
The GBP/CHF currency pair settled above a fresh 34-week low of 1.1019 and recorded its worst weekly performance since late July 2024, as the Pound was hammered after China’s retaliatory move to US tariffs. The UK 10-year gilt yield fell to lows not seen since December 12th, at 4.4% on Friday, as fears of a […]
Read more