March 17, 2025 2:14 pm
Key moments The British Pound Sterling has risen by 0.30% against the U.S. Dollar, with the GBP/USD trading above 1.2970. Investors are awaiting crucial monetary policy announcements from the Federal Reserve (Fed) and the Bank of England (BoE). The U.S. Dollar Index (DXY) is currently trading around 103.50. GBP/USD Climbs as Market Anticipates Impact of […]
Read moreMarch 17, 2025 11:50 am
The EUR/CAD currency pair remained supported above the 1.56 mark on Monday ahead of Germany’s impending vote on a proposed fiscal spending package and Canada’s CPI inflation report. The Euro has recently drawn support from a consensus between key political figures in Germany regarding substantial increases in state borrowing. Incoming German Chancellor Friedrich Merz has […]
Read moreMarch 17, 2025 9:58 am
Key moments The euro remains resilient against the dollar, continuing to trade around $1.09 as the EUR/USD pair stays above 1.0880. Traders are closely watching the Federal Reserve’s upcoming interest rate announcement, as well as Germany’s upcoming vote on a potential debt deal. Tariff tensions continue affecting the U.S. dollar. EUR/USD Stays Stable, Investors Anticipate […]
Read moreMarch 17, 2025 9:27 am
Key moments The formation of a bearish pennant on Cardano’s ADA chart points to potential for additional losses, possibly falling below $0.710. On-chain data reveals a decrease in ADA holdings by large wallet addresses, signaling distribution by major holders. Cardano’s decentralized finance (DeFi) ecosystem demonstrates lower total value locked (TVL) compared to leading blockchain platforms. […]
Read moreMarch 17, 2025 8:09 am
Key moments BoK will maintain its traditional reserve strategy as officials fear price fluctuations could lead to high transaction costs, undermining reserve stability. Bitcoin’s price has fluctuated, recently dipping below $84,000 on Monday. Bitcoin’s market capitalization has decreased by 1.08%, settling at $1.65 trillion. Bitcoin Has Been Deemed a Non-Viable Reserve Asset for Korea The […]
Read moreMarch 17, 2025 6:57 am
Key moments The AUD/USD has risen for five of the past six weeks, demonstrating a clear upward trend. US trade policy uncertainties contribute to a weakened US dollar. Australian employment data and central bank meetings are anticipated as key market drivers. AUD/USD Sees Gains Amid Trade Policy Uncertainty and Anticipation of Key Economic Data The […]
Read moreMarch 14, 2025 1:23 pm
h2>Key moments The EUR/USD exchange rate was propelled to 1.0905 on Friday. The Euro soared as news surfaced of a fiscal agreement between German political parties. Tariff war continues to dampen investor enthusiasm. Parliament Vote Will Take Place Next Week A wave of optimism swept through Eurozone financial markets on Friday, with the EUR/USD exchange […]
Read moreMarch 14, 2025 12:04 pm
The EUR/CHF currency pair held in proximity to a 33-week high of 0.9648 on Friday, as investors continued to monitor closely any developments regarding Germany’s fiscal policy. Politico reported earlier on Friday that Germany’s Chancellor-in-waiting Friedrich Merz had reached a breakthrough with the Greens on a substantial spending plan for defense and infrastructure. The Euro […]
Read moreMarch 14, 2025 12:03 pm
Key moments USD/CHF pair experiences a rise to approximately 0.8844 during Asian trading, fueled by a resurgence in US Dollar demand. US Producer Price Index data and tariff implications contribute to fluctuating Greenback strength. Geopolitical tensions and potential trade wars elevate safe-asset demand, potentially bolstering the Swiss Franc. Currency Pair Sees Uptick as US Dollar […]
Read moreMarch 14, 2025 11:43 am
Key moments Friday saw XRP experience a surge of 3.19% The price increase was fueled by Ripple’s successful acquisition of a financial license from the Dubai Financial Services Authority (DFSA). Speculation surrounding a potential settlement between Ripple and the SEC is also contributing to the asset’s positive performance. Regulatory Nod in Dubai Sends Ripple’s XRP […]
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