May 29, 2025 1:51 pm
Key Moments: Ethereum gained substantially in early trading hours on Thursday, with its price breaching the $2,800 mark. The coin retreated to $2,675.80 after the surge. ETH rose roughly 50% during the month, sharply outperforming Bitcoin’s gain of over 10%. Traders rotated toward Ether amid rising demand, fueling wallet activity and network usage. May Delivers […]
Read moreMay 29, 2025 12:46 pm
The NZD/CHF currency pair held not far from a fresh 2-week high of 0.4965 on Thursday in the wake of the RBNZ’s policy decision. In the meantime, the Swiss Franc came under pressure after a key US court decision surrounding the Trump ’s tariff policies, which eased trade-related uncertainty. The Reserve Bank of New Zealand […]
Read moreMay 29, 2025 12:25 pm
USD/JPY fell back to 144.67 after its initial rally above 146 on Thursday. The US Dollar Index slipped from the 100 mark. Japan’s Economy Minister Akazawa confirmed plans to proceed with trade talks despite the US Court of International Trade’s tariff ruling. USD/JPY Weakens Following Trade-Fueled Rally The USD/JPY currency surged in the early hours […]
Read moreMay 29, 2025 11:44 am
Key Moments: Bitcoin rose slightly above $108,870 on Thursday after a two-day pullback. Market sentiment rose following a court decision that struck down President Trump’s tariffs. Metaplanet raised $21 million to fund future Bitcoin purchases, and GameStop bought 4,710 BTC, signaling continued corporate enthusiasm surrounding Bitcoin. Easing Trade Concerns Aid BTC Bitcoin saw modest gains […]
Read moreMay 29, 2025 9:23 am
Key Moments: Thursday saw the USD/CHF pair surge 0.46% to around 0.8300. The Dollar Index breached 100.000 after the US Federal Court blocked President Trump’s use of emergency powers to impose broad tariffs. The Swiss franc lost ground amid speculation around potential SNB interest rate cuts. USD/CHF Climbs as Swiss Franc Slips The US Dollar […]
Read moreMay 28, 2025 4:55 pm
The NZD/USD currency pair stabilized around 0.5950 on Wednesday, after earlier plumbing an intraday low of 0.5923, in the wake of the RBNZ’s policy decision and ahead of the FOMC minutes release. The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May meeting, in line […]
Read moreMay 28, 2025 12:21 pm
Key Moments: Long-term Bitcoin holders recently spent $4.02 billion in BTC. Metaplanet secured $100 million in total funding for Bitcoin through zero-interest bonds. Bitcoin has been trading below the $109,000 mark today. $4.02 Billion in Bitcoin Moved by Long-Term Holders Recent blockchain data by Glassnode highlighted a marked increase in spending activity among Bitcoin investors […]
Read moreMay 28, 2025 10:43 am
The AUD/NZD currency pair hovered above a 4-week low of 1.0777 on Wednesday in the wake of the RBNZ’s policy decision and Australia’s inflation 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 way, borrowing costs […]
Read moreMay 28, 2025 10:05 am
Key Moments: AUD/JPY fell below the 93.00 mark on Wednesday. The yen rebounded amid expectations that the BoJ could pursue further rate hikes. NAB expects the RBA’s terminal cash rate to fall to 3.1% in the upcoming months, up from an earlier forecast of 2.6%. Yen Strengthens on BoJ Expectations The AUD/JPY currency pair retreated […]
Read moreMay 28, 2025 9:19 am
Key Moments: The EUR/USD struggled to find its footing on Wednesday after sliding below 1.1300. Sentiment favored the US dollar after President Trump delayed tariffs on imports sourced from the EU. The euro was pressured by solid US data and weak Eurozone confidence figures. Euro Remains Under Pressure The EUR/USD pair declined for the second […]
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