March 18, 2025 1:36 pm
Key moments Fueled by strong economic data, the 10-year US Treasury yield reached a three-week peak of 4.33%. Data reveals strong economic momentum, highlighted by residential construction, retail sales, and import prices that have outperformed expectations. Rising consumer inflation expectations and tariff threats influence market anticipation of the Federal Reserve’s upcoming decision. US Treasury Yields […]
Read moreMarch 18, 2025 12:41 pm
Key moments The USD/JPY has surged towards the 150.00 mark on Tuesday, rising by around 0.30%. The Bank of Japan’s forthcoming two-day meeting is under close scrutiny from market participants, who anticipate possible further interest rate increases throughout the year. The U.S. Dollar’s recent rebound from a multi-month low has given additional momentum to the […]
Read moreMarch 18, 2025 11:26 am
The USD/CAD currency pair held steady near a two-week low of 1.4272 on Tuesday, as market players awaited the outcome of the Federal Reserve’s two-day policy meeting to assess US economic outlook amid growing concerns of a possible economic slowdown. The Fed is widely expected to leave its federal funds rate target range intact at […]
Read moreMarch 18, 2025 11:05 am
Key moments February’s Canadian Consumer Price Index (CPI) is projected to indicate a slight uptick in annual inflation, moving from 1.9% to 2.1%. Bank of Canada (BoC) recent interest rate cut of 25 basis points to 2.75% amidst trade war concerns, with potential for a policy pause influenced by inflation data. USD/CAD pair currently trading […]
Read moreMarch 18, 2025 7:57 am
Key moments A $274 million influx into U.S. Bitcoin ETFs on Monday, a six-week high, ended weeks of outflows. All five Bitcoin ETFs reported net inflows, with Fidelity’s FBTC leading at $127.3M, followed by ARKB ($88.5M) and IBIT ($42.3M). The price of Bitcoin remained largely unchanged, fluctuating between $83,000 and $84,500. Bitcoin ETFs Gain Momentum […]
Read moreMarch 17, 2025 3:05 pm
Key moments Ethereum gained a modest amount on Monday, reaching $1,904. The cryptocurrency was unable to reach $2,000 as 21Shares made the decision to pull the plug on the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Ethereum’s struggle to breach the $2,000 mark is compounded by a combination of weak on-chain activity and ETF […]
Read moreMarch 17, 2025 2:14 pm
Key moments The British Pound Sterling has risen by 0.30% against the U.S. Dollar, with the GBP/USD trading above 1.2970. Investors are awaiting crucial monetary policy announcements from the Federal Reserve (Fed) and the Bank of England (BoE). The U.S. Dollar Index (DXY) is currently trading around 103.50. GBP/USD Climbs as Market Anticipates Impact of […]
Read moreMarch 17, 2025 11:50 am
The EUR/CAD currency pair remained supported above the 1.56 mark on Monday ahead of Germany’s impending vote on a proposed fiscal spending package and Canada’s CPI inflation report. The Euro has recently drawn support from a consensus between key political figures in Germany regarding substantial increases in state borrowing. Incoming German Chancellor Friedrich Merz has […]
Read moreMarch 17, 2025 9:58 am
Key moments The euro remains resilient against the dollar, continuing to trade around $1.09 as the EUR/USD pair stays above 1.0880. Traders are closely watching the Federal Reserve’s upcoming interest rate announcement, as well as Germany’s upcoming vote on a potential debt deal. Tariff tensions continue affecting the U.S. dollar. EUR/USD Stays Stable, Investors Anticipate […]
Read moreMarch 17, 2025 9:27 am
Key moments The formation of a bearish pennant on Cardano’s ADA chart points to potential for additional losses, possibly falling below $0.710. On-chain data reveals a decrease in ADA holdings by large wallet addresses, signaling distribution by major holders. Cardano’s decentralized finance (DeFi) ecosystem demonstrates lower total value locked (TVL) compared to leading blockchain platforms. […]
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