June 9, 2025 11:52 am
Key Moments: Bitcoin surged 1.94% to $107,845 on Monday. The price rose more than $1,000 in under one hour Market sentiment turned bullish as upside momentum strengthened ahead of today’s US-China trade meeting. Bitcoin Accelerates Past $107,000 in Sudden Upswing Crypto markets on Monday witnessed Bitcoin surge 1.94% to $107,845 level. Earlier in the session, […]
Read moreJune 9, 2025 9:54 am
Key Moments: USD/KRW slid closer to 1,350 on Monday, with the South Korean won nearing an eight-month high. It has been confirmed that Washington and Seoul will engage in trade negotiations surrounding the revision of tariff rules. South Korean stocks also enjoyed gains amid improving sentiment surrounding tariffs. Won Strengthens as Trader Enthusiasm Grows The […]
Read moreJune 9, 2025 9:08 am
Key Moments: The Japanese yen rallied on Monday, climbing 0.48% against the US dollar. Japan’s economy contracted 0.2% from last year, improving from a 0.7% decline. Market expectations of a potential rate hike in 2025 have grown. Economic Revision Lifts Sentiment Japan’s economic outlook brightened slightly after new figures revealed a year-over-year GDP drop of […]
Read moreJune 9, 2025 8:33 am
Key Moments: USD/CAD slid 0.13% to 1.3678 on Monday. The US Dollar Index slipped below 99.00. US May unemployment stood at 4.2%, while Canada’s unemployment rate rose to 7%. Dollar Retreats After Initial Gains on Jobs Report USD/CAD suffered declines on Monday as the greenback eased from earlier advances sparked by Friday’s robust Nonfarm Payrolls […]
Read moreJune 8, 2025 5:09 pm
The EUR/GBP currency pair settled below recent high of 0.8449, its strongest level since May 21st, in the wake of the European Central Bank’s policy decision. The ECB lowered all three of its benchmark interest rates by 25 basis points: – the main refinancing operations rate to 2.15%; – the deposit facility rate to 2.00%; […]
Read moreJune 8, 2025 11:53 am
The EUR/SEK currency pair settled below Friday’s high of 10.9945, its strongest level since May 2nd, in the wake of the European Central Bank’s policy decision. The ECB lowered all three of its benchmark interest rates by 25 basis points: – the main refinancing operations rate to 2.15%; – the deposit facility rate to 2.00%; […]
Read moreJune 8, 2025 8:14 am
The USD/SEK currency pair settled below Friday’s high of 9.6527, its strongest level since May 29th, as US job market resilience tempered Fed rate cut expectations. Employers in the United States added 139,000 jobs in May, representing a slight pullback from April’s downwardly revised growth of 147,000 positions. The latest figure came in ahead of […]
Read moreJune 7, 2025 5:13 pm
The EUR/CAD currency pair settled above Friday’s low of 1.5572, its weakest level since May 29th, in the wake of the European Central Bank’s and the Bank of Canada’s policy decisions. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its June 4th policy meeting, in line with market consensus. This […]
Read moreJune 7, 2025 12:54 pm
The USD/CAD currency pair settled above recent low of 1.3634, its weakest level since October 8th 2024, in the wake of the Bank of Canada’s policy decision and as US job market resilience tempered Fed rate cut expectations. Employers in the United States added 139,000 jobs in May, representing a slight pullback from April’s downwardly […]
Read moreJune 7, 2025 11:08 am
The EUR/USD currency pair settled below recent high of 1.1495, its strongest level since April 22nd, in the wake of the European Central Bank’s policy decision and as US job market resilience tempered Fed rate cut expectations. Employers in the United States added 139,000 jobs in May, representing a slight pullback from April’s downwardly revised […]
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