April 7, 2025 9:57 am
Key moments Bitcoin was hit with a substantial decrease in value on Monday, with its price plummeting to $76,143. This followed an even steeper drop below $74,600. Coinglass data highlights that approximately $1.38 billion in crypto liquidations occurred in the preceding 24 hours. Bitcoin’s price was affected by last week’s tariff announcement by US President […]
Read moreApril 7, 2025 7:46 am
Key moments The AUD/USD pair sank to the 0.6017 mark. Monday’s trading session also saw the Aussie tumble below 0.6000 at one point. Growing apprehension regarding the increasing likelihood of a global trade conflict weighs on the Aussie. AUD Loses Ground on Tariff Anxiety Monday saw the Australian Dollar’s exchange rate against the USD weaken […]
Read moreApril 6, 2025 2:46 pm
The AUD/GBP currency pair settled above a fresh 112 1/2-month low of 0.4651 and registered its worst weekly performance since late September 2022, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The […]
Read moreApril 6, 2025 7:55 am
The AUD/CHF currency pair settled above a fresh record low of 0.5136 and registered its worst weekly performance since mid-January 2015, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The move came […]
Read moreApril 5, 2025 8:44 am
The GBP/CHF currency pair settled above a fresh 34-week low of 1.1019 and recorded its worst weekly performance since late July 2024, as the Pound was hammered after China’s retaliatory move to US tariffs. The UK 10-year gilt yield fell to lows not seen since December 12th, at 4.4% on Friday, as fears of a […]
Read moreApril 4, 2025 1:00 pm
Key moments Chinese officials intend to introduce levies of 34% on US imports starting April 10th. The counter-tariffs hit numerous asset classes, with the AUD/USD falling 3.46%. Australia is a major trade partner of both the US and China, making the Aussie particularly vulnerable to the escalating tariff tensions. Trade War Fallout Rocks Australian Dollar […]
Read moreApril 4, 2025 10:57 am
Key moments Bitcoin fell from the $83,000 threshold on Friday. The cryptocurrency’s price remains unstable amid global market struggles tied to the Trump administration’s tariff policies. Bitcoin ETFs shed another $99.86 million in net outflows, with Grayscale’s GBTC seeing the largest withdrawals. Uncertainty Weighs on Bitcoin’s Price Bitcoin experienced sharp fluctuations on Friday, marked by […]
Read moreApril 4, 2025 9:43 am
Key moments The EUR/USD’s momentum slowed on Friday, with the pair falling 0.45% to 1.1001. The US Dollar Index, on the other hand, is now back to levels of over 102. According to recent data, the ISM Services PMI fell to 50.8 in March. EUR/USD Drops Amid Dollar Index Recovery Friday saw the EUR/USD pair […]
Read moreApril 3, 2025 2:41 pm
Key moments On Thursday, Bitcoin’s price fell once again, reaching $81,681. Prominent cryptocurrencies such as Ethereum and XRP followed suit, with their respective values decreasing. MARA Holdings, a Bitcoin mining company, announced that its production in March increased by 17%. Crypto Market Tumbles, Tariffs and Economic Fears Drive Prices Down Bitcoin’s price sank significantly over […]
Read moreApril 3, 2025 12:55 pm
Key moments A 2.30% reduction in the USD/JPY exchange rate brought the pair to 145.77. The US Dollar Index experienced a 2.08% decrease to 101.537 on Thursday. Traders lost confidence in the US dollar as President Donald Trump’s newly announced tariffs rocked global markets. Yen Surges on the Greenback’s Tariff-Fueled Downfall The Japanese Yen exhibited […]
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