April 24, 2025 12:52 pm
Key moments Bitcoin fell today, with its price reaching $92,650. Earlier, BTC briefly slipped below $92,000. The drop followed Wednesday’s $916.91 million in net inflows that bolstered US Bitcoin ETFs. Bitcoin Price Bucks High ETF Demand Bitcoin retreated from recent highs on Thursday, with its value decreasing 1.15% to $92,650. Earlier in the day, the […]
Read moreApril 24, 2025 11:07 am
Key moments The EUR/USD climbed 0.7% on Thursday. Concurrently, the US Dollar Index fell 0.52% to 99.262. According to an IFO report, the German Business Climate Index rose to 86.9 this month. EUR/USD Strengthens After Favorable German Economic News The exchange rate between the euro and the US dollar saw an uptick on Thursday, with […]
Read moreApril 24, 2025 8:44 am
Key moments In 2025’s first quarter, the South Korean GDP shrank by 0.2%. Other benchmarks also fell, including investment figures, which dropped 3.2%. These contractions defied forecasts that had anticipated a marginal expansion for the quarter. Economist Hyosung Kwon attributed this decline to political tensions and US tariff policies. The Korean won slipped, with the […]
Read moreApril 23, 2025 12:53 pm
Key moments This week witnessed renewed investor enthusiasm that decisively pushed Bitcoin past the $90,000 threshold. At press time, the cryptocurrency is trading near the $93.700 mark. More than $560 million in short positions were wiped out amid this rally. Significant capital flowed into US Bitcoin ETFs, with net inflows reaching $936 million. Bitcoin Steady […]
Read moreApril 23, 2025 11:13 am
Key moments The EUR/USD pair experienced a decline on Wednesday, dropping to 1.1396. Renewed hopes of a solution to tariff conflicts propelled the US dollar. The Eurozone’s Composite PMI registered at a multi-month low of 50.1 in April. EUR/USD Retreats Amid Weak Eurozone Data The euro extended its losses against the US dollar on Wednesday, […]
Read moreApril 23, 2025 10:55 am
The USD/ZAR currency pair hovered just above a fresh 3-week low of 18.4876 on Wednesday, as the Rand remained firm against a broadly weaker US Dollar after the latest CPI data out of South Africa. Annual consumer price inflation in South Africa has eased to 2.7% in March from 3.2% in February, against market consensus […]
Read moreApril 23, 2025 8:31 am
Key moments The USD/JPY pair is now hovering close to the 142.00 mark. This followed an earlier surge past the 143.00 threshold, which marked the yen’s lowest valuation against the dollar in months. The US Dollar Index was boosted by positive news regarding potential trade negotiations, but lingering concerns regarding the US economy’s stability exerted […]
Read moreApril 22, 2025 2:37 pm
Key moments The EUR/USD pair fell 0.28% on Tuesday, reaching 1.1480. The US Dollar Index (DXY) continues trading below 99.000 as trade disagreements and the public dispute between President Trump and Fed Chair Powell exerted pressure on markets. The IMF has decided to cut its economic growth forecast for the Eurozone, lowering it to 0.8%. […]
Read moreApril 22, 2025 12:19 pm
Key moments Bitcoin surpassed the $88,600 level on Tuesday. US Bitcoin ETFs started off the week with substantial inflows of $381 million. A struggling US dollar contributed to Bitcoin’s appeal. Bitcoin ETFs Record Largest Inflow Since January as Institutional Appetite Returns Bitcoin’s annoyed upward trajectory on Tuesday, with the leading cryptocurrency breaching the $88,600 mark, […]
Read moreApril 22, 2025 8:24 am
Key moments The US Dollar Index fell to 98.310 on Tuesday. Treasury yields rose, with the 10-year yield surpassing 4.4% and the 30-year yield exceeding 4.9%. The AUD/USD pair climbed 0.14% to 0.6425. Greenback’s Decline Continues, Australian Dollar Soars The US dollar extended its downward spiral on Tuesday, hitting fresh multi-year lows as political uncertainty […]
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