April 12, 2025 3:36 pm
The GBP/USD currency pair settled below Friday’s high of 1.3144, its strongest level since April 3rd, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, weighing on the greenback. At the same time, stronger-than-expected UK GDP growth data provided support to the Sterling. […]
Read moreApril 12, 2025 12:51 pm
The USD/JPY currency pair settled above Friday’s low of 142.048, its weakest level since September 30th 2024, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, triggering bond market sell-off and supporting traditional safe haven currencies such as the Japanese Yen. The US […]
Read moreApril 12, 2025 11:28 am
The USD/SGD currency pair settled above Friday’s low of 1.3159, its weakest level since November 6th 2024, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, weighing on the greenback. The US Dollar losses across the board came after the latest developments on […]
Read moreApril 12, 2025 7:50 am
The USD/CHF currency pair settled above Friday’s low of 0.8098, its weakest level since September 6th 2011, as escalating trade tensions and rising concerns over a wider economic fallout for the US have shaken confidence in US assets, triggering stock and bond market sell-off and supporting traditional safe haven currencies such as the Swiss Franc. […]
Read moreApril 11, 2025 2:35 pm
Key moments The US dollar suffered a significant decline against the Swiss franc, with the USD/CHF exchange rate dropping to 0.8154. The Dollar Index (DXY) continues trading below 100. As global trade conflicts continue heating up, many investors turn to the Swiss franc for its safe-haven status. Trade Anxieties Fuels Franc Rally The USD/CHF exchange […]
Read moreApril 11, 2025 1:44 pm
Key moments Ethereum registered a 2.35% increase on Friday that propelled its price near the $1,560 mark. Daily inflows into Blackrock’s Ethereum ETF reached around $6.4 million. A prominent early investor has sold off $7 million in Ethereum this April. Ethereum Rises Above $1,560 Amidst $6.4M BlackRock ETF Support Ethereum demonstrated notable strength by climbing […]
Read moreApril 11, 2025 10:56 am
Key moments Bitcoin soared 4.23% on Friday, breaching $82,900. This surge occurred after earlier volatility led to Bitcoin almost hitting $79,000. A total of 28,000 BTC options contracts expired on Friday. Bitcoin Jumps 4.23% as 28,000 Options Liquidation Looms Friday witnessed a notable rebound in the price of Bitcoin, as the leading cryptocurrency climbed by […]
Read moreApril 11, 2025 8:35 am
Key moments The US Dollar Index sank 1.25% on Friday, breaching the 100 threshold to 99.654. The EUR/USD exchange rate rose by 1.64% to reach 1.1381. Tariff-fueled fears have exerted downward pressure on the greenback. Euro Ascends to Multi-Year Peak as Dollar Weakens Amid Trade Tensions Friday witnessed the euro experiencing a notable surge against […]
Read moreApril 10, 2025 1:47 pm
Key moments EUR/USD climbed 1.56% to 1.1115 on Thursday. According to a report published by the Bureau of Labor Statistics, the US CPI rose 2.4% in March, short of analyst expectations. The US Dollar Index dropped 1.24%, continuing to trade below 200. Tariff Woes Weigh on US Dollar, EUR/USD Stays Above 1.1000 The EUR/USD currency […]
Read moreApril 10, 2025 11:15 am
Key moments Bitcoin’s price has recovered to $81,726. Earlier, the coin rose even higher to around $83,468. Crypto enthusiasts’ optimism can be traced back to an announcement issued by President Donald Trump on Wednesday regarding a temporary cancellation of major tariffs on imports from US trade partners. Bitcoin Sustains $81,000 Level After Tariff-Fueled Rally Bitcoin’s […]
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