May 5, 2025 9:22 am
Key Moments: USD/CAD dropped below the 1.3800 threshold on Monday before edging higher. The greenback is facing pressure amid mounting trade concerns. Trump is enforcing a 100% duty on movies made abroad. USD/CAD Struggles for Traction The USD/CAD currency pair saw little movement on Monday, hovering around 1.3810 after an earlier tumble saw the pair […]
Read moreMay 5, 2025 6:55 am
Key Moments: The Indian Rupee gained on Monday, supported by declining oil prices and improving US-India trade prospects. The USD/INR pair dropped 0.35% to 84.1820, while the US Dollar Index retreated by 0.25%. Geopolitical tensions between India and Pakistan may limit further appreciation of the Rupee. INR Boosted by External Support, Faces Geopolitical Risks The […]
Read moreMay 4, 2025 2:56 pm
The EUR/SEK currency pair settled above Friday’s low of 10.8870, its weakest level since April 25th, as investors digested stronger-than-expected CPI inflation data out of the Euro Area and robust Swedish manufacturing numbers. Preliminary data by Eurostat showed that annual consumer price inflation in the Euro Area had remained stable at 2.2% in April, outpacing […]
Read moreMay 4, 2025 11:57 am
The USD/SEK currency pair settled below recent high of 9.7816, its strongest level since April 17th, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 4, 2025 8:57 am
The USD/NOK currency pair settled above Friday’s low of 10.2960, its weakest level since April 22nd, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 3, 2025 4:33 pm
The USD/JPY currency pair settled below Friday’s high of 145.923, its strongest level since April 10th, as the US Dollar failed to draw lasting support from the latest solid US employment numbers. Employers in all sectors of the US economy, excluding farming, added 177,000 job positions in April, slowing from the revised down 185,000 in […]
Read moreMay 3, 2025 1:12 pm
The EUR/GBP currency pair settled above recent low of 0.8479, its weakest level since April 7th, as the Euro drew support from stronger-than-expected CPI inflation data out of the Euro Area. Preliminary data by Eurostat showed that annual consumer price inflation in the Euro Area had remained stable at 2.2% in April, outpacing market consensus […]
Read moreMay 3, 2025 11:25 am
The GBP/USD currency pair settled above Friday’s low of 1.3259, its weakest level since April 24th, as the US Dollar failed to draw support from the latest solid US employment numbers. According to Monex Europe analyst Nick Rees, sentiment rather than hard data was probably driving “much of the doom and gloom narrative” for the […]
Read moreMay 3, 2025 8:27 am
The EUR/USD currency pair settled above recent low of 1.1265, its weakest level since April 15th, as the US Dollar failed to draw support from the latest solid US employment numbers. According to Monex Europe analyst Nick Rees, sentiment rather than hard data was probably driving “much of the doom and gloom narrative” for the […]
Read moreMay 2, 2025 1:32 pm
Key Moments: Bitcoin reached the $97,213 mark on Friday, climbing by 0.7%. The cryptocurrency’s market dominance has risen to 64.89%. On Thursday, Bitcoin ETF inflows exceeded $422 million. Bitcoin Extends Its Lead in Crypto Markets Bitcoin enjoyed a notable rally on Friday, as the cryptocurrency hit $97,213 amid a 0.7% climb. Moreover, Bitcoin’s share of […]
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