March 27, 2025 12:38 pm
Key moments A notable reduction in Bitcoin’s exchange supply has been documented by Santiment, with figures dropping to 7.53%. Bitcoin’s price remains susceptible to short-term volatility. The currency is hovering around $87,000 at press time. Donald Trump’s announcement regarding a 25% tariff on auto imports contributed to market uncertainty surrounding speculative assets. An Increasing Number […]
Read moreMarch 27, 2025 11:33 am
The Mexican Peso weakened to a one-week low of 20.2650 per US Dollar on Thursday, as fresh US auto tariffs added to global trade tensions ahead of the outcome of the Mexican central bank’s policy meeting. Yesterday US President Trump announced a 25% tariff on imported cars and light trucks, which will take effect on […]
Read moreMarch 27, 2025 9:44 am
Key moments The EUR/USD pairing, having faced a six-day consecutive drop, managed to reverse its trajectory and climb 0.12%. The U.S. Dollar Index fell 0.16%. Concerns regarding potential economic slowdowns exerted pressure on the U.S. Dollar Index. EUR/USD Recovers After Notable Slump Fluctuations saw the euro struggle on Thursday, with the EUR/USD falling below 1.0740 […]
Read moreMarch 26, 2025 3:22 pm
The EUR/CAD currency pair hovered just above a fresh three-week low of 1.5342 on Wednesday, as market players awaited the release of the minutes of the Bank of Canada’s March policy meeting for more insight into the central bank’s thinking. The Canadian Dollar drew support from rising government bond yields and a surge in crude […]
Read moreMarch 26, 2025 11:45 am
Key moments The EUR/USD pair managed to reach the 1.0790 threshold after a decline. The dollar index has strengthened, achieving a recovery to 104.251. U.S. Personal Consumption Expenditures (PCE) inflation data is likely to influence the Federal Reserve’s interest rate decisions. EUR/USD Remains Stable Amid Market Uncertainty The Euro has found itself in a balancing […]
Read moreMarch 26, 2025 11:28 am
The USD/SGD currency pair edged higher on Wednesday, but gains were restrained by disappointing US consumer confidence data and fears over the effect of upcoming tariffs on US economic growth. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hinder GDP growth. In an […]
Read moreMarch 26, 2025 10:38 am
Key moments The GBP/USD exchange rate fell to 1.2910 on Wednesday. Official statistics revealed the UK’s annual Consumer Price Index for February was lower than analyst forecasts at 2.8%. The milder-than-expected inflation could result in future interest rate cuts. Market Reacts to UK Inflation Figures, Sterling Under Pressure Wednesday saw the GBP/USD pair decline by […]
Read moreMarch 26, 2025 8:20 am
Key moments The U.S. Securities and Exchange Commission’s Crypto Task Force has scheduled four additional roundtables. Bitcoin’s price surged 0.88% to $88,202 on Wednesday. The recovery follows Tuesday’s dip below $87,000, as analysts from the Santiment platform noted that the Fear and Greed Index has shifted to moderate optimism. SEC Aims to Foster a More […]
Read moreMarch 25, 2025 2:43 pm
The EUR/CHF currency pair traded just above a fresh two-week low of 0.9511 on Tuesday, as uncertainty regarding the upcoming round of US tariffs continued to underpin safe haven currencies such as the Franc, while data showed Germany’s business climate had improved in March. The Trump administration’s reciprocal tariffs are set to take effect on […]
Read moreMarch 25, 2025 12:06 pm
Key moments On Tuesday, the EUR/USD fell to approximately 1.0770. The euro managed to regain value, allowing the EUR/USD to once again breach the 1.0800 mark. Newly released data shows the German IFO Business Climate index rose to 86.7 in March. EUR/USD Climbs After Tuesday’s Sharp Decline The EUR/USD currency pair experienced a volatile trading […]
Read more