April 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 moreApril 6, 2025 7:55 am
The AUD/CHF currency pair settled above a fresh record low of 0.5136 and registered its worst weekly performance since mid-January 2015, 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 move came […]
Read moreApril 5, 2025 8:44 am
The GBP/CHF currency pair settled above a fresh 34-week low of 1.1019 and recorded its worst weekly performance since late July 2024, as the Pound was hammered after China’s retaliatory move to US tariffs. The UK 10-year gilt yield fell to lows not seen since December 12th, at 4.4% on Friday, as fears of a […]
Read moreApril 4, 2025 1:00 pm
Key moments Chinese officials intend to introduce levies of 34% on US imports starting April 10th. The counter-tariffs hit numerous asset classes, with the AUD/USD falling 3.46%. Australia is a major trade partner of both the US and China, making the Aussie particularly vulnerable to the escalating tariff tensions. Trade War Fallout Rocks Australian Dollar […]
Read moreApril 4, 2025 10:57 am
Key moments Bitcoin fell from the $83,000 threshold on Friday. The cryptocurrency’s price remains unstable amid global market struggles tied to the Trump administration’s tariff policies. Bitcoin ETFs shed another $99.86 million in net outflows, with Grayscale’s GBTC seeing the largest withdrawals. Uncertainty Weighs on Bitcoin’s Price Bitcoin experienced sharp fluctuations on Friday, marked by […]
Read moreApril 4, 2025 9:43 am
Key moments The EUR/USD’s momentum slowed on Friday, with the pair falling 0.45% to 1.1001. The US Dollar Index, on the other hand, is now back to levels of over 102. According to recent data, the ISM Services PMI fell to 50.8 in March. EUR/USD Drops Amid Dollar Index Recovery Friday saw the EUR/USD pair […]
Read moreApril 3, 2025 2:41 pm
Key moments On Thursday, Bitcoin’s price fell once again, reaching $81,681. Prominent cryptocurrencies such as Ethereum and XRP followed suit, with their respective values decreasing. MARA Holdings, a Bitcoin mining company, announced that its production in March increased by 17%. Crypto Market Tumbles, Tariffs and Economic Fears Drive Prices Down Bitcoin’s price sank significantly over […]
Read moreApril 3, 2025 12:55 pm
Key moments A 2.30% reduction in the USD/JPY exchange rate brought the pair to 145.77. The US Dollar Index experienced a 2.08% decrease to 101.537 on Thursday. Traders lost confidence in the US dollar as President Donald Trump’s newly announced tariffs rocked global markets. Yen Surges on the Greenback’s Tariff-Fueled Downfall The Japanese Yen exhibited […]
Read moreApril 3, 2025 10:27 am
The USD/CHF currency pair plumbed a fresh 24-week low of 0.8588 on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war, boosting safe haven assets such as the Swiss Franc. Yesterday the Trump administration announced a 10% baseline tariff on all […]
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