April 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 moreApril 4, 2025 1:00 pm
Key moments Chinese officials intend to introduce levies of 34% on US imports starting April 10th. The counter-tariffs hit numerous asset classes, with the AUD/USD falling 3.46%. Australia is a major trade partner of both the US and China, making the Aussie particularly vulnerable to the escalating tariff tensions. Trade War Fallout Rocks Australian Dollar […]
Read moreApril 4, 2025 10:57 am
Key moments Bitcoin fell from the $83,000 threshold on Friday. The cryptocurrency’s price remains unstable amid global market struggles tied to the Trump administration’s tariff policies. Bitcoin ETFs shed another $99.86 million in net outflows, with Grayscale’s GBTC seeing the largest withdrawals. Uncertainty Weighs on Bitcoin’s Price Bitcoin experienced sharp fluctuations on Friday, marked by […]
Read moreApril 4, 2025 9:43 am
Key moments The EUR/USD’s momentum slowed on Friday, with the pair falling 0.45% to 1.1001. The US Dollar Index, on the other hand, is now back to levels of over 102. According to recent data, the ISM Services PMI fell to 50.8 in March. EUR/USD Drops Amid Dollar Index Recovery Friday saw the EUR/USD pair […]
Read moreApril 3, 2025 2:41 pm
Key moments On Thursday, Bitcoin’s price fell once again, reaching $81,681. Prominent cryptocurrencies such as Ethereum and XRP followed suit, with their respective values decreasing. MARA Holdings, a Bitcoin mining company, announced that its production in March increased by 17%. Crypto Market Tumbles, Tariffs and Economic Fears Drive Prices Down Bitcoin’s price sank significantly over […]
Read moreApril 3, 2025 12:55 pm
Key moments A 2.30% reduction in the USD/JPY exchange rate brought the pair to 145.77. The US Dollar Index experienced a 2.08% decrease to 101.537 on Thursday. Traders lost confidence in the US dollar as President Donald Trump’s newly announced tariffs rocked global markets. Yen Surges on the Greenback’s Tariff-Fueled Downfall The Japanese Yen exhibited […]
Read moreApril 3, 2025 10:27 am
The USD/CHF currency pair plumbed a fresh 24-week low of 0.8588 on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war, boosting safe haven assets such as the Swiss Franc. Yesterday the Trump administration announced a 10% baseline tariff on all […]
Read moreApril 3, 2025 9:24 am
Key moments The EUR/USD exchange rate has hit its highest value in six months, reaching 1.1010 and climbing even higher. The US Dollar Index fell 1.46% to 102.182. These price movements were the result of President Trump’s tariffs, which turned out to be harsher than expected. The announcement of sweeping US tariffs, spearheaded by a […]
Read moreApril 2, 2025 1:00 pm
Key moments Bitcoin’s price sank below $84,600 on Wednesday, struggling to maintain a value above $85,000. Significant withdrawals from Bitcoin ETFs of $218 million occurred this week, with Ethereum ETFs also witnessing outflows. BlackRock’s IBIT ETF was the sole fund that registered positive flow activity. Bitcoin ETF Outflows Hit $218 Million Bitcoin experienced a slight […]
Read moreApril 2, 2025 11:56 am
Key moments Wednesday saw the USD/INR pair experience notable volatility, dipping to a 13-week low of around 85.40. Following the plunge, the pair rose to 85.47. President Trump’s upcoming tariff announcement has sparked significant currency fluctuations across the forex market. Tariff Fears Drive Volatility USD/UNR experienced a period of volatility on Wednesday, sliding to a […]
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