June 17, 2025 7:01 am
The USD/SEK currency pair hovered above a 12-month low of 9.3766 ahead of the outcome of the Federal Reserve’s and Sweden’s Riksbank policy meetings. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its June 17th-18th meeting. The US central bank has adopted a wait-and-see approach amid […]
Read moreJune 15, 2025 8:36 am
The GBP/CHF currency pair settled above Friday’s low of 1.0929, or its weakest level since May 8th, as the Swiss Franc drew support from its role of a traditional safe-haven currency due to escalating Middle East tensions. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic missile factories and […]
Read moreJune 14, 2025 3:53 pm
The USD/SGD currency pair settled above recent low of 1.2763, its weakest level since October 30th 2014, as the US Dollar drew certain support from its role of a traditional safe-haven currency due to escalating Middle East tensions. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic missile factories […]
Read moreJune 14, 2025 11:37 am
The EUR/GBP currency pair settled below recent high of 0.8546, its strongest level since April 25th. The Sterling continued to underperform after the publication of lackluster UK employment data and weak GDP growth for April, which fueled speculation of further interest rate cuts by the Bank of England by year-end. The UK economy shrank at […]
Read moreJune 11, 2025 2:16 pm
Key Moments: US Consumer Price Index increased just 0.1% in May, lower than the 0.2% forecast. Markets predict that the Fed will not introduce interest rate cuts during its next meeting. Although Bitcoin’s price attempted an uptick soon after the data’s publication, it subsequently suffered another drop and reached $109,384. Inflation Decelerates More Than Expected, […]
Read moreJune 11, 2025 1:20 pm
Key Moments: The US CPI advanced to 2.4% in May. Core consumer prices ticked 2.8% upward year-on-year through May, mirroring April’s climb. The Bureau of Labor Statistics faces staffing shortages and halted CPI data collection in several cities. Price Growth Slows in Latest Data, Greenback Weakens US consumer prices saw a modest increase in May, […]
Read moreJune 11, 2025 11:02 am
Key Moments: EUR/USD edged higher to 1.1438 on Wednesday. The US dollar weakened as optimism around the US-China tariff deal started to fade. Markets eyed May’s US CPI data for clues on inflation and potential Fed policy shifts. Euro Advances Amid Cautious Market Tone The euro recovered ground against the greenback on Wednesday, with EUR/USD […]
Read moreJune 11, 2025 8:34 am
Key Moments: USD/INR hit 85.5050 on Wednesday after a steep decline saw it hit a weekly drop below 85.4000. Trade representatives from the US and China agreed on a framework deal that awaits approval from both presidents Foreign Institutional Investors injected Rs 2,301.87 crore into Indian stock markets on Tuesday Trade Deal Hopes Bolster Market […]
Read moreJune 11, 2025 7:34 am
Key Moments: EUR/GBP climbed past 0.8470, hitting a one-month peak on Wednesday. Weaker UK jobs data and rising BoE rate-cut expectations continued to weigh on the British pound Market participants awaited the US inflation report before initiating new positions. EUR/GBP Enjoys Gains Wednesday saw the euro extend its rally against the British pound, with the […]
Read moreJune 10, 2025 2:40 pm
Key Moments: Tuesday saw Ethereum successfully breach the $2,700 mark. ETH futures open interest surged to $39.22 billion. US spot ETFs attracted $52.7 million in inflows on June 9th. ETH Hits $2,747 on Major Inflows Into Ethereum Investment Products A 2.4% rally resulted in Ethereum climbing to the $2,747.2 threshold on Tuesday. Enthusiasm was fueled […]
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