June 2, 2025 6:49 am
Key Moments: The US dollar index declined 0.5% to 98.959 on Monday amid renewed tariff concerns. EUR/USD hovered near 1.1400 as it rose 0.48%. President Trump announced plans to increase the duties on steel and aluminum imports to 50% starting Wednesday. Dollar Slides as Trade Frictions Intensify The US dollar fell on Monday as investors […]
Read moreJune 1, 2025 5:07 pm
The NZD/NOK currency pair settled below recent high of 6.1075, its strongest level since May 20th, in the wake of the RBNZ’s policy decision. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This way, borrowing costs were […]
Read moreMay 31, 2025 5:27 pm
The NZD/SEK currency pair settled below recent high of 5.7837, its strongest level since May 14th, in the wake of the RBNZ’s policy decision and Swedish GDP data. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line with market consensus. This […]
Read moreMay 31, 2025 12:16 pm
The EUR/NZD currency pair settled above recent low of 1.8835, its weakest level since May 14th, in the wake of the RBNZ’s policy decision and as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% […]
Read moreMay 31, 2025 9:06 am
The EUR/CHF currency pair settled below recent high of 0.9390, its strongest level since May 19th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […]
Read moreMay 31, 2025 6:27 am
The EUR/SEK currency pair settled above recent low of 10.7874, its weakest level since April 4th, as market players digested a flurry of European macro data. In Germany, retail sales shrank 1.1% in April, recording the first decline in four months, against expectations of a 0.2% growth. At the same time, easing inflation pressures in […]
Read moreMay 30, 2025 1:32 pm
Key Moments: EUR/USD fell around 0.3% on Friday, dropping to 1.1332. TD Securities has projected a decline in the euro to 1.1100 in the second quarter. German retail sales dropped 1.1% last month, while Eurozone inflation data fueled expectations of an imminent 25-basis-point ECB rate cut. EUR/USD Slips on Friday, Euro to End May Flat […]
Read moreMay 30, 2025 11:50 am
Key Moments: The Indian economy saw growth of 7.4% in 2025’s first quarter, but the news failed to lift the rupee. USD/INR edged 0.21% higher on Friday to hit 85.64. The Indian rupee fell around 1% in May after strengthening for two consecutive months. India Outperforms Economic Growth Forecasts, Rupee Ends Two-Month Rally India’s economy […]
Read moreMay 30, 2025 8:39 am
Key Moments: XRP’s price fell by 2.95% to $2.17805 on Friday. Open interest declined by 4%. Large-scale investor sell-offs of $600 million contributed significantly to the price drop. Market Turbulence Hits XRP The price of XRP experienced a sharp decline on Friday as it sank almost 3% and fell from the $2.20 threshold. An earlier […]
Read moreMay 30, 2025 6:46 am
Key Moments: Tokyo’s consumer prices saw a 3.6% increase in May, the highest rise in around two years. A growing consensus among market participants points to a 25-basis-point interest rate hike by the Bank of Japan coming in July. The Japanese yen strengthened against the US dollar on Friday, with the USD/JPY falling 0.22% to […]
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