May 4, 2025 11:57 am
The USD/SEK currency pair settled below recent high of 9.7816, its strongest level since April 17th, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 4, 2025 8:57 am
The USD/NOK currency pair settled above Friday’s low of 10.2960, its weakest level since April 22nd, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 3, 2025 4:33 pm
The USD/JPY currency pair settled below Friday’s high of 145.923, its strongest level since April 10th, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 3, 2025 1:12 pm
The EUR/GBP currency pair settled above recent low of 0.8479, its weakest level since April 7th, as the Euro drew support from stronger-than-expected CPI inflation data out of the Euro Area. Preliminary data by Eurostat showed that annual consumer price inflation in the Euro Area had remained stable at 2.2% in April, outpacing market consensus […]
Read moreMay 3, 2025 11:25 am
The GBP/USD currency pair settled above Friday’s low of 1.3259, its weakest level since April 24th, as the US Dollar failed to draw support from the latest solid US employment numbers. According to Monex Europe analyst Nick Rees, sentiment rather than hard data was probably driving “much of the doom and gloom narrative” for the […]
Read moreMay 3, 2025 8:27 am
The EUR/USD currency pair settled above recent low of 1.1265, its weakest level since April 15th, as the US Dollar failed to draw support from the latest solid US employment numbers. According to Monex Europe analyst Nick Rees, sentiment rather than hard data was probably driving “much of the doom and gloom narrative” for the […]
Read moreMay 2, 2025 1:32 pm
Key Moments: Bitcoin reached the $97,213 mark on Friday, climbing by 0.7%. The cryptocurrency’s market dominance has risen to 64.89%. On Thursday, Bitcoin ETF inflows exceeded $422 million. Bitcoin Extends Its Lead in Crypto Markets Bitcoin enjoyed a notable rally on Friday, as the cryptocurrency hit $97,213 amid a 0.7% climb. Moreover, Bitcoin’s share of […]
Read moreMay 2, 2025 12:23 pm
Key Moments: The Pound Sterling rebounded 0.28% to 1.3305 against the US Dollar. The Federal Reserve is expected to hold interest rates steady, while a Bank of England rate cut is anticipated next week. On Friday, the US Dollar Index fell 0.5% after a brief rebound above the 100 threshold. GBP Rebounds Friday saw the […]
Read moreMay 2, 2025 9:35 am
Key Moments: The Eurozone’s manufacturing output sub-index climbed to 51.5 in April, a figure unseen since March 2022. The HCOB Eurozone manufacturing PMI surpassed March’s 48.6 by hitting 49. New orders showed the smallest decline in three years, with the sub-index reaching 49.5. The news aided the euro, allowing it to appreciate 0.4% against the […]
Read moreMay 2, 2025 8:49 am
Key Moments: US negotiators showed hesitation to ease tariffs on cars and other key assets during Washington talks with Japan. Japanese officials reportedly viewed the stance as a sign of potential difficulties in future trade cooperation. Japan outlined plans to reduce its trade surplus with the US, including adjustments to barriers not tied to duties […]
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