March 21, 2025 2:29 pm
The USD/RUB currency pair has rebounded from recent 91-week low of 81.03, as the Bank of Russia kept borrowing costs on hold, in line with market consensus. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its March meeting, while it noted that further tightening […]
Read moreMarch 21, 2025 2:16 pm
Key moments The EUR/GBP exchange rate saw a slight increase, rising by 0.11% to 0.8378. The Bank of England’s recent decisions have significantly influenced the pound’s movements. UK government borrowing rose to £10.7 billion in February, marking a £100 million increase compared to February 2024. Euro Gains Against Pound Amidst Economic Uncertainty On Friday, the […]
Read moreMarch 21, 2025 10:58 am
Key moments Bitcoin’s price slumped to $83,974 on Friday. The expiration of Bitcoin options, totaling over $1.8 billion, contributed to the market instability. Investor apprehension was intensified by ongoing uncertainty regarding U.S. interest rates and the potential consequences of increased trade tariffs. Bitcoin Price Under Pressure Amid Options Expiry and Economic Uncertainty Bitcoin’s price fell […]
Read moreMarch 21, 2025 10:45 am
Key moments The value of the Pound Sterling decreased against the US Dollar, approaching 1.2920, due to the Federal Reserve’s decision to keep interest rates unchanged. Due to the Trump administration’s policy implementations, the Federal Reserve has identified a notably high degree of uncertainty in the US economic forecast. Anticipation of reciprocal tariffs imposed by […]
Read moreMarch 21, 2025 10:30 am
The USD/SEK currency pair headed for a weekly loss in the wake of the Federal Reserve’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 2% target […]
Read moreMarch 21, 2025 9:56 am
Key moments Cardano (ADA) experiences a surge in 24-hour trading volume, reaching $1 billion, despite minimal price fluctuations. The Average Directional Index (ADX) for ADA remains below 20, indicating a lack of clear market trend and ongoing consolidation. A decline in Cardano whale addresses to their lowest level since July 2024 reflects cautious sentiment among […]
Read moreMarch 21, 2025 8:13 am
Key moments The EUR/USD is trading around the 1.0830 mark on Friday. In contrast to a struggling euro, the US Dollar Index is up 0.22%, reaching $104.022. The pair was affected by the Federal Reserve’s recent interest rate decision, as well as other factors. EUR/USD Faces Headwinds From Rising Dollar Friday saw the euro encounter […]
Read moreMarch 20, 2025 2:52 pm
The USD/CHF currency pair rebounded sharply from a 15-week low of 0.8755 on Thursday, after the Swiss National Bank cut borrowing costs, citing low inflationary pressures and “heightened downside risks” to inflation. The SNB lowered its policy rate by 25 basis points to 0.25% at its March meeting, in line with market consensus. It has […]
Read moreMarch 20, 2025 2:22 pm
Key moments The USD/JPY is trading below the 149.00 mark. The pair managed to climb past 150.00 on Wednesday, but it sank to around 148 the following day. Global uncertainties, including trade policy and geopolitical tensions, have driven investors towards the yen, pressuring the USD/JPY pair downwards. USD/JPY Under Pressure, Pair Fails to Break 149.00 […]
Read moreMarch 20, 2025 1:01 pm
Key moments Ripple concludes its legal dispute with the SEC, resulting in the dismissal of all charges, sparking immediate market optimism. XRP experiences a notable price surge of $2.55 and increased trading volume following the legal resolution, indicating renewed investor confidence. Analysts predict significant future growth for XRP, with potential price targets reaching several dollars, […]
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