May 15, 2025 6:59 am
Key Moments: The UK’s GDP expanded 0.7% quarter-over-quarter in the first three months of 2025, beating market expectations. March monthly GDP increased 0.2% even though analysts had expected no growth. The GBP/USD pair rose above the 1.3200 mark. Solid Start to 2025 for the UK Economy The UK posted stronger-than-expected economic growth in the first […]
Read moreMay 14, 2025 12:00 pm
Key Moments: The pound lost ground to the euro, with the EUR/GBP rate reaching 0.8416. Investors await upcoming UK GDP data amid uncertain growth outlook. Recent labor market data indicated a decrease in employment. Pound Falls Back Amid Growth Concerns On Wednesday, the British pound declined versus the euro, interrupting a seven-day stretch of appreciation. […]
Read moreMay 14, 2025 10:49 am
Key Moments: The EUR/USD advanced by 0.51% on Wednesday. Meanwhile, the US Dollar Index dipped 0.42% as April’s headline CPI rose just 2.3% Commentary by Francois Villeroy de Galhau indicated optimism about a potential ECB rate cut before the end of summer. Euro Extends Gains as Dollar Slides The EUR/USD currency pair managed to climb […]
Read moreMay 14, 2025 7:23 am
Key Moments: The USD/JPY dropped 0.25% on Wednesday. Expectations for continued policy tightening by the Bank of Japan have supported the JPY. April’s US CPI data showed that inflation has slowed, which reinforced projections that the Federal Reserve will lower interest rates in 2025. Yen Strengthens as BoJ Signals More Tightening Ahead The USD/JPY fell […]
Read moreMay 13, 2025 1:19 pm
Key Moments: Annual US CPI fell to 2.3% in April, missing expectations of 2.4%. Core CPI held steady year-over-year at 2.8%, the lowest level in four years. The US dollar suffered further declines, with the USD/CHF pair’s rate dropping 0.44%. Soft Inflation Reading Undershoots Forecasts Consumer prices in the United States rose at a slower […]
Read moreMay 13, 2025 12:28 pm
Key Moments: The EUR/USD pair hovers near 1.1100 as weak Eurozone trade prospects and ECB rate cut expectations impede climb. The ZEW economic sentiment index for Germany jumped to 25.2 in May, beating forecasts and aiding a mild euro. A temporary US-China trade truce and lack of EU-US trade progress supported near-term upside in the […]
Read moreMay 13, 2025 11:52 am
Key Moments: Bitcoin dropped to $100,502 before rebounding past the $103,800 mark. Arizona Governor vetoed key crypto legislation while enacting tighter restrictions on Bitcoin ATMs. Liquidations involving over $200 million in Bitcoin futures have been observed. Bitcoin Gains Ground Bitcoin started out Tuesday with a retreat, falling to $100,502 as investors trimmed positions in anticipation […]
Read moreMay 12, 2025 12:51 pm
Key Moments: The pound sterling fell 0.99% on Monday, hitting 1.3174. Washington and Beijing announced their agreement to cut tariffs by 115% for 90 days starting Wednesday. The US Dollar Index is rallying by over 1%. Pound Loses Ground Against Dollar May 12th witnessed the pound sterling depreciate significantly against the US dollar (USD), weakening […]
Read moreMay 12, 2025 12:03 pm
Key Moments: The EUR/USD pair dropped by 1.34% to 1.1095 on Monday. US and China agreed to a 115% reduction in tariffs for 90 days, bolstering the greenback. Additional rate cuts not recommended, according to the ECB’s Isabel Schnabel. Euro Slips Sharply Amid US Dollar Surge The EUR/USD currency pair dropped significantly on Monday, falling […]
Read moreMay 11, 2025 12:51 pm
The USD/MYR currency pair settled below Friday’s high of 4.3220, its strongest level since May 2nd, in the wake of the Federal Reserve’s and the Central Bank of Malaysia’s policy decisions. The Fed left its federal funds rate target range intact at 4.25%-4.50% for a third straight meeting in May, in line with market consensus. […]
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