April 8, 2025 2:31 pm
Key moments The USD/INR pair rose 0.36% to 86.1280 on Tuesday. The Indian rupee fell even further earlier in the trading session, dropping to a low last witnessed in March as the USD/INR jumped to 86.29. Tuesday saw the Nifty 50 enjoy gains, climbing 1.69% to close at 22,535.85 INR. Dollar Gains Momentum Against Rupee […]
Read moreApril 8, 2025 11:13 am
The NZD/USD currency pair rebounded from yesterday’s 60 1/2-month low of 0.5505 on Tuesday, as market players navigated shifting global trade dynamics ahead of the outcome of the RBNZ’s policy meeting on April 9th. US President Trump has indicated willingness to engage in trade negotiations with major partners, which paved the way for some optimism […]
Read moreApril 8, 2025 10:09 am
Key moments Following a turbulent start to the week, Bitcoin has shown signs of recovery but is failing to stay above the $80,000 threshold. At press time, Bitcoin is trading near $79,000. A key factor fueling recent price instability is the ambiguity surrounding impending United States tariff policies. Bitcoin Lingers Below $80,000 After a significant […]
Read moreApril 8, 2025 9:04 am
Key moments The EUR/USD rose 0.33% on Monday, climbing past 1.0940. The US Dollar Index is down over 0.30%. The European Union Commission has announced its plans to implement reciprocal tariffs against the US, set at 25%. EUR/USD Steady Despite Tariff Tensions as EU Eyes 25% Retaliation Navigating a landscape thick with tariff tensions, the […]
Read moreApril 7, 2025 12:50 pm
Key moments Ethereum’s price plummeted 6.05% to $1,483 as global financial uncertainty, driven by US tariffs, forced many investors to steer clear of volatile assets like cryptocurrencies. The ETH/BTC ratio fell nearly 4%, reaching 0.01936. A substantial ETH holder offloaded $106 in Ethereum. Ethereum’s Value Suffers Amid Prevailing Market Pessimism Ethereum’s price experienced a significant […]
Read moreApril 7, 2025 11:40 am
Key moments The EUR/USD has been trading between 1.0900 and 1.1000 on Monday. Federal Reserve Chair Jerome Powell has publicly admitted that the Trump administration’s recent trade actions have a negative effect on the US economy’s expansion prospects. As predicted by JP Morgan analysts, US GDP growth could slow by 0.3% this year. Tariff Worries […]
Read moreApril 7, 2025 11:22 am
The AUD/JPY currency pair hovered just above a fresh 24 1/2-month low of 86.112 on Monday, as concerns of a full-blown trade war potentially sending the global economy into a recession prompted investors to increase bets on larger interest rate cuts in Australia. China announced on Friday it planned to implement 34% tariffs on all […]
Read moreApril 7, 2025 9:57 am
Key moments Bitcoin was hit with a substantial decrease in value on Monday, with its price plummeting to $76,143. This followed an even steeper drop below $74,600. Coinglass data highlights that approximately $1.38 billion in crypto liquidations occurred in the preceding 24 hours. Bitcoin’s price was affected by last week’s tariff announcement by US President […]
Read moreApril 7, 2025 7:46 am
Key moments The AUD/USD pair sank to the 0.6017 mark. Monday’s trading session also saw the Aussie tumble below 0.6000 at one point. Growing apprehension regarding the increasing likelihood of a global trade conflict weighs on the Aussie. AUD Loses Ground on Tariff Anxiety Monday saw the Australian Dollar’s exchange rate against the USD weaken […]
Read moreApril 6, 2025 2:46 pm
The AUD/GBP currency pair settled above a fresh 112 1/2-month low of 0.4651 and registered its worst weekly performance since late September 2022, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The […]
Read more