March 25, 2025 11:41 am
The USD/SEK currency pair hovered just above a fresh two-week low of 10.0063 on Tuesday, as market players’ main focus was the upcoming reciprocal tariffs, promised by the Trump administration on April 2nd. Although US President Trump said yesterday that automobile tariffs were coming soon, he also indicated the reciprocal tariffs might be less severe […]
Read moreMarch 25, 2025 9:54 am
Key moments After a 1.21% decline, Bitcoin’s price fell to around $84,450 on Tuesday. The movement of substantial holdings by Mt. Gox, a now-defunct crypto exchange, impacted market sentiment. U.S. spot Bitcoin ETFs showed strong investor engagement, however, as Tuesday saw BlackRock’s IBIT enjoy inflows of $18.1 million. BTC Declines Amidst ETF Market’s Positive Turnaround […]
Read moreMarch 24, 2025 2:35 pm
Key moments The USD/JPY pair surged past 150 yen on Monday, reaching 150.25. The Dollar Index regained its footing above $104. In March, Japan’s private sector shrank, with the composite PMI falling to 48.5. Dollar Recovery Propels USD/JPY Above 150 Yen Mark The USD/JPY currency pair has breached the significant 150 yen mark, reaching 150.25, […]
Read moreMarch 24, 2025 11:55 am
The South African Rand gained ground against a broadly weaker US Dollar on Monday, as market players awaited more clarity on the upcoming round of US tariffs. According to a Bloomberg News report, US President Trump is likely to exclude a set of sector-specific tariffs, while imposing reciprocal levies on April 2nd. “I would imagine […]
Read moreMarch 24, 2025 9:37 am
Key moments Bitcoin’s valuation escalated to almost $87,500 on Monday. This upward movement is partly attributable to shifting market interpretations of U.S. trade measures. Metaplanet purchased 150 BTC, worth $12.6 million. Bitcoin Jumps 1.64% Amid Shifting Market Sentiment The cryptocurrency market experienced a surge on Monday, with Bitcoin’s value climbing to nearly $87,500, marking a […]
Read moreMarch 24, 2025 8:08 am
Key moments Monday saw the EUR/USD pair reaching 1.0844 The Dollar Index fell 0.17%, dropping under 104. Heightened market unease concerning upcoming trade policies has affected the performance of the U.S. dollar. USD Under Pressure, Struggles Against Euro as Dollar Index Drops 0.17% The foreign exchange market witnessed notable shifts on Monday as the Euro […]
Read moreMarch 23, 2025 1:11 pm
The GBP/RUB currency pair registered a second straight week of losses and settled above Tuesday’s 39-week low of 105.315 in the wake of the Bank of England’s and the Bank of Russia’s policy decisions. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its March […]
Read moreMarch 22, 2025 4:07 pm
The GBP/CHF currency pair has snapped a streak of five consecutive weekly gains, as investors assessed the Bank of England’s and the Swiss National Bank’s policy decisions. The SNB lowered its policy rate by 25 basis points to 0.25% at its March meeting, as it cited low inflationary pressures and “heightened downside risks” to inflation. […]
Read moreMarch 22, 2025 8:39 am
The GBP/SEK currency pair settled almost flat for the week in the wake of the Bank of England’s and Riksbank’s policy decisions. Sweden’s Riksbank left its key policy rate intact at 2.25% at its March meeting, highlighting a largely unchanged inflation and GDP growth outlook. Policy makers said they expected inflation would remain above the […]
Read moreMarch 21, 2025 3:45 pm
Key moments Ethereum’s price hit the $1,949.5 mark on Friday, a 1.67% decrease. Investors are growing increasingly concerned with Ethereum’s inability to maintain a value of above $2,000. The Ethereum-based decentralized finance (DeFi) platform Zoth experienced a security breach on Friday, with $8.85 million in assets being stolen. Hackers Raid Zoth for $8.85M as Ethereum […]
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