March 11, 2025 2:37 pm
Key moments Renewed optimism regarding Germany’s potential defense spending increase drove the EUR/USD past the $1.0900 level. Marking a seven-day decline, the dollar index plummeted to a low not seen since October 2024. Growing anxieties regarding a potential U.S. recession have diminished the dollar’s diminished appeal as a safe-haven asset. German Defense Spending Hopes Fuel […]
Read moreMarch 11, 2025 2:34 pm
Key moments Canadian Dollar at lows last seen in early August 2020 as US slaps 50% tariff on Canada metals Euro boosted by optimism over German defense spending deal Bank of Canada expected to cut policy rate by 25 basis points The EUR/CAD currency pair scaled a fresh 55-month peak on Tuesday, as US President […]
Read moreMarch 11, 2025 1:04 pm
Key moments A rapid 12% drop sent Ethereum’s price plummeting to $1,755 on Tuesday. Though it has since climbed back to around $1,890 and $1,900, Ethereum could not reach the $2,000 threshold. Heavy liquidations, exceeding $240 million in a single day, intensified Ethereum’s price decline. Concerns Over U.S. Recession Have Compounded Ethereum’s Recent Challenges A […]
Read moreMarch 11, 2025 12:53 pm
Key moments Cardano’s ADA price rebounds slightly after a significant drop, retesting a critical support level around $0.64. On-chain data indicates growing bullish sentiment, with the funding rate turning positive and bullish bets reaching a monthly high. Despite positive indicators, a daily close below $0.57 would invalidate the bullish outlook, potentially leading to further declines. […]
Read moreMarch 11, 2025 11:34 am
Key moments USD/CAD pulls back from Monday’s one-week high US Dollar broadly weaker amid lingering concerns over US economic slowdown Bank of Canada policy decision eyed The USD/CAD currency pair eased from a one-week high on Tuesday, as investors fretted over US economy and ahead of the outcome of the Bank of Canada’s policy meeting. […]
Read moreMarch 11, 2025 10:12 am
Key moments The yen strengthened considerably on Tuesday, exceeding 147 per dollar to achieve its highest point since early October. Earlier fluctuations saw the yen reaching 146.570 before climbing back up, and this volatility drew official attention. Japan’s Finance Minister emphasized the tangible effects of exchange rate swings on daily life. The Bank of Japan […]
Read moreMarch 11, 2025 10:05 am
Key moments The $TRUMP memecoin project linked to Donald Trump reportedly generated at least $350 million within three weeks of its launch. A substantial portion of the revenue remains in a liquidity pool, supporting the coin’s value, with Trump-linked accounts holding a significant number of tokens. Discrepancies in token distribution and pricing raise questions about […]
Read moreMarch 11, 2025 9:49 am
The USD/MYR currency pair pulled back from an intraday high of 4.4350 on Tuesday, reversing earlier gains, as concerns over a US economic slowdown and potential recession mounted. The US Dollar hovered just above a four-month low against major peers and the yield on 10-year US Treasuries dropped to a one-week low, as recession fears […]
Read moreMarch 11, 2025 6:47 am
Key moments Revised GENIUS Act, addressing consumer protections and issuer regulations, scheduled for vote. Bipartisan consultations lead to significant updates, impacting foreign stablecoin standards. Potential competitive advantage for US-issued stablecoins through new regulatory clarity. Updated GENIUS Act Focuses on Consumer Protection and Regulatory Clarity The United States Senate Banking Committee has announced a vote scheduled […]
Read moreMarch 10, 2025 2:41 pm
Key moments USD/ZAR gains, extending pullback from 11-week low South Africa national budget presentation in focus US foreign policy developments, macro data eyed The USD/ZAR currency pair extended a rebound from Friday’s 11-week low on Monday, as investors were closely watching for any developments regarding US foreign policy and ahead of the highly anticipated national […]
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