April 25, 2025 11:16 am
The USD/RUB currency pair pulled back from recent high of 83.9750, its strongest level since April 14th, as the Bank of Russia kept borrowing costs on hold, in line with market consensus. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its April meeting. The […]
Read moreApril 25, 2025 10:18 am
Key moments USD/CHF advanced beyond 0.8300 on Friday, climbing 0.43%. The US Dollar Index recorded an increase of 0.41% to 99.697, while the US treasury yield stayed near 4.30%. SNB Chair Martin Schlegel commented on the potential consequences of US tariffs on global markets and the economic health of Switzerland. USD/CHF Gains Momentum as SNB’s […]
Read moreApril 24, 2025 1:56 pm
Key moments The exchange rate between the British pound and the United States rose by 0.41% on Thursday. The US Dollar Index has not yet reached the 100 mark. Tariff uncertainties once again played a role in the dollar’s depreciation. Pound Appreciates 0.41% Against Dollar The GBP/USD pair has risen by 0.41%, reaching a level […]
Read moreApril 24, 2025 12:52 pm
Key moments Bitcoin fell today, with its price reaching $92,650. Earlier, BTC briefly slipped below $92,000. The drop followed Wednesday’s $916.91 million in net inflows that bolstered US Bitcoin ETFs. Bitcoin Price Bucks High ETF Demand Bitcoin retreated from recent highs on Thursday, with its value decreasing 1.15% to $92,650. Earlier in the day, the […]
Read moreApril 24, 2025 11:07 am
Key moments The EUR/USD climbed 0.7% on Thursday. Concurrently, the US Dollar Index fell 0.52% to 99.262. According to an IFO report, the German Business Climate Index rose to 86.9 this month. EUR/USD Strengthens After Favorable German Economic News The exchange rate between the euro and the US dollar saw an uptick on Thursday, with […]
Read moreApril 24, 2025 8:44 am
Key moments In 2025’s first quarter, the South Korean GDP shrank by 0.2%. Other benchmarks also fell, including investment figures, which dropped 3.2%. These contractions defied forecasts that had anticipated a marginal expansion for the quarter. Economist Hyosung Kwon attributed this decline to political tensions and US tariff policies. The Korean won slipped, with the […]
Read moreApril 23, 2025 12:53 pm
Key moments This week witnessed renewed investor enthusiasm that decisively pushed Bitcoin past the $90,000 threshold. At press time, the cryptocurrency is trading near the $93.700 mark. More than $560 million in short positions were wiped out amid this rally. Significant capital flowed into US Bitcoin ETFs, with net inflows reaching $936 million. Bitcoin Steady […]
Read moreApril 23, 2025 11:13 am
Key moments The EUR/USD pair experienced a decline on Wednesday, dropping to 1.1396. Renewed hopes of a solution to tariff conflicts propelled the US dollar. The Eurozone’s Composite PMI registered at a multi-month low of 50.1 in April. EUR/USD Retreats Amid Weak Eurozone Data The euro extended its losses against the US dollar on Wednesday, […]
Read moreApril 23, 2025 10:55 am
The USD/ZAR currency pair hovered just above a fresh 3-week low of 18.4876 on Wednesday, as the Rand remained firm against a broadly weaker US Dollar after the latest CPI data out of South Africa. Annual consumer price inflation in South Africa has eased to 2.7% in March from 3.2% in February, against market consensus […]
Read moreApril 23, 2025 8:31 am
Key moments The USD/JPY pair is now hovering close to the 142.00 mark. This followed an earlier surge past the 143.00 threshold, which marked the yen’s lowest valuation against the dollar in months. The US Dollar Index was boosted by positive news regarding potential trade negotiations, but lingering concerns regarding the US economy’s stability exerted […]
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