April 3, 2025 10:27 am
The USD/CHF currency pair plumbed a fresh 24-week low of 0.8588 on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war, boosting safe haven assets such as the Swiss Franc. Yesterday the Trump administration announced a 10% baseline tariff on all […]
Read moreApril 3, 2025 9:24 am
Key moments The EUR/USD exchange rate has hit its highest value in six months, reaching 1.1010 and climbing even higher. The US Dollar Index fell 1.46% to 102.182. These price movements were the result of President Trump’s tariffs, which turned out to be harsher than expected. The announcement of sweeping US tariffs, spearheaded by a […]
Read moreApril 2, 2025 1:00 pm
Key moments Bitcoin’s price sank below $84,600 on Wednesday, struggling to maintain a value above $85,000. Significant withdrawals from Bitcoin ETFs of $218 million occurred this week, with Ethereum ETFs also witnessing outflows. BlackRock’s IBIT ETF was the sole fund that registered positive flow activity. Bitcoin ETF Outflows Hit $218 Million Bitcoin experienced a slight […]
Read moreApril 2, 2025 11:56 am
Key moments Wednesday saw the USD/INR pair experience notable volatility, dipping to a 13-week low of around 85.40. Following the plunge, the pair rose to 85.47. President Trump’s upcoming tariff announcement has sparked significant currency fluctuations across the forex market. Tariff Fears Drive Volatility USD/UNR experienced a period of volatility on Wednesday, sliding to a […]
Read moreApril 2, 2025 11:34 am
The EUR/CHF currency pair traded within a narrow daily range on Wednesday ahead of the Swiss CPI inflation data and as traders braced for the implementation of the Trump administration’s new tariffs. Switzerland’s inflation report for March, due out tomorrow, may provide more clues over the SNB’s future rate trajectory. The Swiss National Bank lowered […]
Read moreApril 2, 2025 8:39 am
Key moments The EUR/USD fell 0.10% on Wednesday, reaching 1.0781. The U.S. Dollar Index has been trading above 104.150. Market participants are wary of the direction of the U.S. dollar as the implementation of U.S. tariffs on imported goods approaches. EUR/USD Experiences Mild Fluctuations Ahead of US Tariff Announcement The euro experienced a decline against […]
Read moreApril 1, 2025 2:38 pm
Key moments XRP’s price rose 3.41% on Tuesday, reaching $2.16. Recent whale activity saw the offloading of $2.34 billion worth of XRP. The cryptocurrency market is showing signs of renewed momentum, with various coins experiencing price increases. XRP Recovers 3.41% After Whales Sell Billions XRP’s recent price figures have been volatile, with the currency nearly […]
Read moreApril 1, 2025 11:15 am
Key moments Bitcoin’s price surged by 2.13%, reaching $84,300. Cardano and Dogecoin also saw notable increases, climbing 2.71% and 3.78%, respectively. Tether has added 8,888 BTC to its Bitcoin holdings, with the purchase amounting to $735M. Bitcoin Gains Momentum, Altcoins Follow Suit Bitcoin demonstrated a notable recovery on Tuesday, climbing 2.13% to reach $84,300 during […]
Read moreApril 1, 2025 8:32 am
Key moments Tuesday saw the EUR/USD experienced a minor decline of 0.10%, but the pair continues to trade around 1.0800 at press time. The U.S. Dollar Index breached 104.200. Investors have grown increasingly wary as the Trump Administration’s tariff policies are set to come into effect this Wednesday. Euro Holds Ground, Dollar Index Rises Before […]
Read moreMarch 31, 2025 1:09 pm
Key moments GBP/USD is maintaining relative stability around the 1.2900 mark. UK mortgage approvals fell significantly in February, reaching 65,481. The annual consumer lending growth stagnated at 6.4%, matching January’s three-year low. February Housing Market Cools, Pound Sterling Shows Resilience The UK housing market witnessed a notable slowdown in mortgage approvals during February, as revealed […]
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