March 11, 2025 11:34 am
Key moments USD/CAD pulls back from Monday’s one-week high US Dollar broadly weaker amid lingering concerns over US economic slowdown Bank of Canada policy decision eyed The USD/CAD currency pair eased from a one-week high on Tuesday, as investors fretted over US economy and ahead of the outcome of the Bank of Canada’s policy meeting. […]
Read moreMarch 11, 2025 10:12 am
Key moments The yen strengthened considerably on Tuesday, exceeding 147 per dollar to achieve its highest point since early October. Earlier fluctuations saw the yen reaching 146.570 before climbing back up, and this volatility drew official attention. Japan’s Finance Minister emphasized the tangible effects of exchange rate swings on daily life. The Bank of Japan […]
Read moreMarch 11, 2025 10:05 am
Key moments The $TRUMP memecoin project linked to Donald Trump reportedly generated at least $350 million within three weeks of its launch. A substantial portion of the revenue remains in a liquidity pool, supporting the coin’s value, with Trump-linked accounts holding a significant number of tokens. Discrepancies in token distribution and pricing raise questions about […]
Read moreMarch 11, 2025 9:49 am
The USD/MYR currency pair pulled back from an intraday high of 4.4350 on Tuesday, reversing earlier gains, as concerns over a US economic slowdown and potential recession mounted. The US Dollar hovered just above a four-month low against major peers and the yield on 10-year US Treasuries dropped to a one-week low, as recession fears […]
Read moreMarch 11, 2025 6:47 am
Key moments Revised GENIUS Act, addressing consumer protections and issuer regulations, scheduled for vote. Bipartisan consultations lead to significant updates, impacting foreign stablecoin standards. Potential competitive advantage for US-issued stablecoins through new regulatory clarity. Updated GENIUS Act Focuses on Consumer Protection and Regulatory Clarity The United States Senate Banking Committee has announced a vote scheduled […]
Read moreMarch 10, 2025 2:41 pm
Key moments USD/ZAR gains, extending pullback from 11-week low South Africa national budget presentation in focus US foreign policy developments, macro data eyed The USD/ZAR currency pair extended a rebound from Friday’s 11-week low on Monday, as investors were closely watching for any developments regarding US foreign policy and ahead of the highly anticipated national […]
Read moreMarch 10, 2025 1:26 pm
Key moments The euro has solidified its position at around $1.08, a level of stability not seen since November. The euro’s strengthening is attributed to significant policy actions within the Eurozone. Key factors include Germany’s planned fiscal reforms, the European Central Bank’s measured interest rate cut, and increased defense spending across Europe. Negative momentum from […]
Read moreMarch 10, 2025 12:48 pm
Key moments Currency Pair Climbs to Near 0.84 on Euro Strength Driven by German Fiscal Outlook. UK Economic Uncertainty and Global Volatility Weigh on GBP. Danske Bank Forecasts EUR/GBP to Recede to 0.81 in 12 Months. Euro Gains Against Pound Amid Fiscal Spending Uncertainty The EUR/GBP currency pair experienced a notable surge last week, propelled […]
Read moreMarch 10, 2025 11:39 am
Key moments USD/CHF at lows not seen since early December 2024 US data string now eyed for clues on macroeconomic conditions, Fed rate cut path Swiss consumer morale worsens in February The USD/CHF currency pair registered a fresh 3-month low on Monday, as the Swiss Franc drew support from safe haven flows amid ongoing US […]
Read moreMarch 10, 2025 10:59 am
Key moments China’s 10-year bond yield hit 1.865% on Monday, a 25 basis-point rise from January lows. The country’s fiscal deficit amounts to 4% of GDP, with CN¥1.3 trillion in bonds planned for 2025. MSCI China rose nearly 20%, while Hang Seng has increased over 18% year-to-date. 10-Year Bond Yields Rise 25 Basis Points From […]
Read more