March 21, 2025 10:30 am
The USD/SEK currency pair headed for a weekly loss in the wake of the Federal Reserve’s and Riksbank’s policy decisions. Sweden’s Riksbank left its key policy rate intact at 2.25% at its March meeting, highlighting a largely unchanged inflation and GDP growth outlook. Policy makers said they expected inflation would remain above the 2% target […]
Read moreMarch 21, 2025 9:56 am
Key moments Cardano (ADA) experiences a surge in 24-hour trading volume, reaching $1 billion, despite minimal price fluctuations. The Average Directional Index (ADX) for ADA remains below 20, indicating a lack of clear market trend and ongoing consolidation. A decline in Cardano whale addresses to their lowest level since July 2024 reflects cautious sentiment among […]
Read moreMarch 21, 2025 8:13 am
Key moments The EUR/USD is trading around the 1.0830 mark on Friday. In contrast to a struggling euro, the US Dollar Index is up 0.22%, reaching $104.022. The pair was affected by the Federal Reserve’s recent interest rate decision, as well as other factors. EUR/USD Faces Headwinds From Rising Dollar Friday saw the euro encounter […]
Read moreMarch 20, 2025 2:52 pm
The USD/CHF currency pair rebounded sharply from a 15-week low of 0.8755 on Thursday, after the Swiss National Bank cut borrowing costs, citing low inflationary pressures and “heightened downside risks” to inflation. The SNB lowered its policy rate by 25 basis points to 0.25% at its March meeting, in line with market consensus. It has […]
Read moreMarch 20, 2025 2:22 pm
Key moments The USD/JPY is trading below the 149.00 mark. The pair managed to climb past 150.00 on Wednesday, but it sank to around 148 the following day. Global uncertainties, including trade policy and geopolitical tensions, have driven investors towards the yen, pressuring the USD/JPY pair downwards. USD/JPY Under Pressure, Pair Fails to Break 149.00 […]
Read moreMarch 20, 2025 1:01 pm
Key moments Ripple concludes its legal dispute with the SEC, resulting in the dismissal of all charges, sparking immediate market optimism. XRP experiences a notable price surge of $2.55 and increased trading volume following the legal resolution, indicating renewed investor confidence. Analysts predict significant future growth for XRP, with potential price targets reaching several dollars, […]
Read moreMarch 20, 2025 12:11 pm
Key moments Bubblemaps (BMT) token experiences a 30% price surge following its listing on the Binance exchange. Trading volume for BMT spikes by 442.8%, reaching $562 million within 24 hours. Binance becomes the leading exchange for BMT trading, contributing a significant portion of the total volume. BMT Token Sees Significant Market Activity After Binance Listing […]
Read moreMarch 20, 2025 11:57 am
The EUR/SEK currency pair held near a fresh one-week high of 11.0577 on Thursday, after Sweden’s Riksbank left borrowing costs without change, highlighting a largely unchanged inflation and GDP growth outlook. Riksbank left its key policy rate intact at 2.25% at its March meeting, in line with market consensus. Policy makers said they expected inflation […]
Read moreMarch 20, 2025 11:00 am
Key moments The Dollar Index managed to increase by 0.46%, going above 103.900. The EUR/USD pair is trading around 1.0840. During this week’s meeting, the Federal Reserve did not cut interest rates. According to projections, however, rates could be reduced later this year. U.S. Dollar Regains Strength, Climbs Above 103.900 Amidst Market Uncertainty The global […]
Read moreMarch 20, 2025 10:43 am
Key moments Australia reports a significant and unexpected drop in employment figures for February, contrasting with market expectations. Following the employment data’s release, the market began to speculate more strongly about a possible May interest rate reduction by the RBA. Despite the immediate market reaction, economists suggest that underlying labor market fundamentals remain strong, and […]
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