May 2, 2025 12:23 pm
Key Moments: The Pound Sterling rebounded 0.28% to 1.3305 against the US Dollar. The Federal Reserve is expected to hold interest rates steady, while a Bank of England rate cut is anticipated next week. On Friday, the US Dollar Index fell 0.5% after a brief rebound above the 100 threshold. GBP Rebounds Friday saw the […]
Read moreMay 2, 2025 9:35 am
Key Moments: The Eurozone’s manufacturing output sub-index climbed to 51.5 in April, a figure unseen since March 2022. The HCOB Eurozone manufacturing PMI surpassed March’s 48.6 by hitting 49. New orders showed the smallest decline in three years, with the sub-index reaching 49.5. The news aided the euro, allowing it to appreciate 0.4% against the […]
Read moreMay 2, 2025 8:49 am
Key Moments: US negotiators showed hesitation to ease tariffs on cars and other key assets during Washington talks with Japan. Japanese officials reportedly viewed the stance as a sign of potential difficulties in future trade cooperation. Japan outlined plans to reduce its trade surplus with the US, including adjustments to barriers not tied to duties […]
Read moreApril 30, 2025 1:53 pm
Key Moments: Canada’s real GDP fell by 0.2% in February, partially reversing January’s 0.4% gain. Industries relating to goods production contracted by 0.6%, driven by declines in mining and construction. In total, 12 out of Canada’s 20 industrial sectors experienced a contraction. After dipping to 1.3821 earlier on Wednesday, the USD/CAD exchange rate has stabilized […]
Read moreApril 30, 2025 1:15 pm
Key Moments: Wednesday saw Bitcoin’s price reach $95,181. Bitcoin’s weekly volatility was at its lowest in years, according to K33 Research. Exchange deposits of Bitcoin have seen a notable decrease, signaling reduced sell pressure and growing investor conviction. In contrast, BlackRock’s Bitcoin ETF registered $970 million in inflows on April 29, its second-largest daily haul […]
Read moreApril 30, 2025 12:04 pm
Key Moments: Eurozone GDP climbed 0.4% in Q1 2025, outperforming forecasts and doubling the previous quarter’s rate Ireland led quarterly growth with a 3.2% expansion. Germany exited recession with 0.2% growth The EUR/USD pair fell 0.17% on Wednesday. Economic Momentum Rebounds Across the Eurozone As revealed by the latest Eurostat data, the Eurozone’s economy expanded […]
Read moreApril 30, 2025 9:46 am
Key Moments: The US Dollar Index advanced for a second straight session, hovering around the 99.40 threshold. Two-year yields rose 3.66%, while ten-year yields experienced a climb of 4.16%. March job openings sank, dropping to 7.19 million. Q1 GDP growth is expected to slow significantly to 0.4% YoY. Greenback Extends Strength as Bond Yields Stabilize […]
Read moreApril 29, 2025 3:02 pm
Key Moments: EUR/USD slipped near 1.1390 during Tuesday’s North American session as the Dollar stabilized. ECB policymakers Rehn and Villeroy supported additional interest rate cuts to combat weak inflation potential. Spain’s Q1 GDP data missed forecasts, with inflation reaching 0.6% against expectations of 0.7%. Euro Pressured by ECB Dovish Tone The euro declined slightly against […]
Read moreApril 29, 2025 1:52 pm
Key Moments: US-listed Bitcoin ETFs attracted more than $3 billion in net inflows last week. The momentum did not slow on Monday, as SoSoValue data suggests daily inflows reached $591.3 million. Bitcoin was volatile on Tuesday, hovering around the $95,000 mark. Institutional Demand Shows no Signs of Waning A massive influx of institutional cash saw […]
Read moreApril 29, 2025 10:39 am
The USD/SGD currency pair hovered above a 1-week low of 1.3060 on Tuesday, as the Singapore Dollar advanced, tracking gains in other Asian currencies, after the Trump administration signaled a potential rollback of auto tariffs. The US intends to ease levies on foreign parts used in US-made vehicles and prevent overlapping duties on imported autos. […]
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