April 16, 2025 8:36 am
Key moments Bitcoin’s price slipped 0.48% on Wednesday, sinking past the $84,000 mark. The inconsistent approach of the US administration toward tariffs weighed on global markets and the cryptocurrency sphere. According to CoinShares, last week saw Bitcoin outflows of $751 million. Bitcoin Weakens Amid Tariff Jitters On Wednesday, the price of Bitcoin fell 0.48% to […]
Read moreApril 15, 2025 1:10 pm
Key moments The EUR/USD slid 0.35% on Tuesday, reaching 1.1309. In addition, the US Dollar Index increased by 0.25%. The German ZEW Economic Sentiment Index fell in April, weighing on the euro. Euro Under Pressure Against Dollar as Tariff Uncertainty Persists On Tuesday, the exchange rate between the euro and the US dollar suffered a […]
Read moreApril 15, 2025 12:17 pm
Key moments The EUR/GBP fell 0.54% to 0.8558 on Tuesday. Figures released by the ONS provided fresh insights into the state of employment within the UK economy, with vacancy reducing to a notable extent while wages saw an increase. Analysts expect the BoE will cut interest rates later this year. EUR/GBP Loses Ground on Heels […]
Read moreApril 15, 2025 10:52 am
The CAD/CHF currency pair remained under pressure not far from Friday’s all-time low of 0.5829, as traders grappled with uncertainty regarding the Trump administration’s tariff policy, supporting the Swiss Franc, ahead of the outcome of the Bank of Canada’s policy meeting. The Bank of Canada is expected to keep its benchmark interest rate without change […]
Read moreApril 15, 2025 9:11 am
Key moments Bitcoin managed to rise above the $85,800 mark on Tuesday. The prevailing market sentiment has been positively influenced by indications of potential tariff relief, particularly in the realm of automotive imports. According to Bitwise, the first quarter of 2025 saw publicly listed entities expand their Bitcoin reserves by a notable 16.1%. Bitcoin Climbs […]
Read moreApril 15, 2025 8:07 am
Key moments AUD/USD experienced a notable increase on Tuesday, rising by 0.69%. A Washington decision to pause tariffs on Chinese electronics played a key role in the Australian dollar’s ascent. The US Dollar Index has thus far failed to climb above 100, which can be attributed to the back-and-forth nature of the US administration’s tariff […]
Read moreApril 14, 2025 12:29 pm
Key moments The GBP/USD pair climbed 0.89% on Monday, nearly reaching 1.3200. Economic uncertainty has pressured the US dollar downwards. Analysts remain confident that the BoE will implement further interest rate cuts in 2025. GBP/USD Rockets to 1.3198, Marking a Significant Half-Year Milestone The British pound has experienced a notable upswing against the US dollar, […]
Read moreApril 14, 2025 11:01 am
Key moments Bitcoin’s value saw an increase of 1.13% to $84,655. A recent purchase saw Metaplanet’s Bitcoin reserves exceed 4,500 BTC. Swedish Member of Parliament Rickard Nordin has proposed that the country’s Finance Minister explore the possibility of including Bitcoin within the nation’s foreign exchange reserves. Bitcoin Gains Ground Amid Trade Optimism On Monday, Bitcoin […]
Read moreApril 14, 2025 7:12 am
Key moments The EUR/USD surged on Monday, climbing 0.56% to 1.1421. In contrast, the US Dollar Index declined to just above 99.220. Potential fed rate cuts, as well as the ongoing trade war between the US and China, have weighed heavily on the dollar. EUR/USD Rockets Over 0.50% Amidst Weakening Greenback After a decline that […]
Read moreApril 13, 2025 3:36 pm
The GBP/NOK currency pair settled below recent high of 14.1157, its strongest level since March 5th, after stronger-than-expected UK GDP growth and Norway’s CPI data. The UK economy grew 0.5% month-over-month in February, following zero growth in January. It has been the strongest monthly GDP increase since March 2024. Market consensus had pointed to a […]
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