April 22, 2025 2:37 pm
Key moments The EUR/USD pair fell 0.28% on Tuesday, reaching 1.1480. The US Dollar Index (DXY) continues trading below 99.000 as trade disagreements and the public dispute between President Trump and Fed Chair Powell exerted pressure on markets. The IMF has decided to cut its economic growth forecast for the Eurozone, lowering it to 0.8%. […]
Read moreApril 22, 2025 12:19 pm
Key moments Bitcoin surpassed the $88,600 level on Tuesday. US Bitcoin ETFs started off the week with substantial inflows of $381 million. A struggling US dollar contributed to Bitcoin’s appeal. Bitcoin ETFs Record Largest Inflow Since January as Institutional Appetite Returns Bitcoin’s annoyed upward trajectory on Tuesday, with the leading cryptocurrency breaching the $88,600 mark, […]
Read moreApril 22, 2025 8:24 am
Key moments The US Dollar Index fell to 98.310 on Tuesday. Treasury yields rose, with the 10-year yield surpassing 4.4% and the 30-year yield exceeding 4.9%. The AUD/USD pair climbed 0.14% to 0.6425. Greenback’s Decline Continues, Australian Dollar Soars The US dollar extended its downward spiral on Tuesday, hitting fresh multi-year lows as political uncertainty […]
Read moreApril 20, 2025 4:10 pm
The GBP/CAD currency pair settled below recent high of 1.8496, its strongest level since April 4th, after the latest inflation data out of the United Kingdom and the Bank of Canada’s policy decision. The Pound faced downward pressure this week following a softer-than-anticipated UK inflation reading. Annual inflation rate in the UK has slowed to […]
Read moreApril 20, 2025 12:13 pm
The GBP/CHF currency pair settled above recent low of 1.0609, its weakest level since September 29th 2022, after the latest inflation data out of the United Kingdom. In the meantime, optimism surrounding the progress in trade negotiations between the United States, Japan and Italy prompted investors to pare flows into safe haven assets such as […]
Read moreApril 20, 2025 10:32 am
The GBP/NZD currency pair settled above Friday’s low of 2.2184, its weakest level since February 26th, after the latest inflation data prints out of the United Kingdom and New Zealand. The Pound faced downward pressure this week following a softer-than-anticipated UK inflation reading. Annual inflation rate in the UK has slowed to 2.6% in March […]
Read moreApril 19, 2025 3:34 pm
The EUR/CHF currency pair settled above recent low of 0.9212, its weakest level since November 22nd 2024, in the wake of the European Central Bank’s policy decision. In the meantime, optimism surrounding the progress in trade negotiations between the United States, Japan and Italy prompted investors to pare flows into safe haven assets such as […]
Read moreApril 19, 2025 11:46 am
The EUR/CAD currency pair settled below recent high of 1.5931, its strongest level since July 31st 2020, in the wake of the European Central Bank’s and the Bank of Canada’s policy decisions. The Euro lost ground after the ECB lowered all three of its benchmark interest rates by 25 basis points: – the main refinancing […]
Read moreApril 19, 2025 8:03 am
The EUR/RUB currency pair settled above Friday’s low of 91.6610, its weakest level since April 3rd, in the wake of the European Central Bank’s policy decision. In the meantime, the Russian Ruble drew support from rising price of oil. Crude Oil, which accounts for about 26% of Russia’s total exports, rose 2.87% to $63.68 per […]
Read moreApril 18, 2025 12:09 pm
The USD/RUB currency pair plunged to lows not seen since June 2023 in light holiday trade on Friday, as the Ruble drew support from rising price of oil. Crude Oil, which accounts for about 26% of Russia’s total exports, rose 2.87% to $63.68 per barrel on April 17th. The Ruble has appreciated more than 25% […]
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