March 11, 2025 10:05 am
Key moments The $TRUMP memecoin project linked to Donald Trump reportedly generated at least $350 million within three weeks of its launch. A substantial portion of the revenue remains in a liquidity pool, supporting the coin’s value, with Trump-linked accounts holding a significant number of tokens. Discrepancies in token distribution and pricing raise questions about […]
Read moreMarch 11, 2025 9:49 am
The USD/MYR currency pair pulled back from an intraday high of 4.4350 on Tuesday, reversing earlier gains, as concerns over a US economic slowdown and potential recession mounted. The US Dollar hovered just above a four-month low against major peers and the yield on 10-year US Treasuries dropped to a one-week low, as recession fears […]
Read moreMarch 11, 2025 6:47 am
Key moments Revised GENIUS Act, addressing consumer protections and issuer regulations, scheduled for vote. Bipartisan consultations lead to significant updates, impacting foreign stablecoin standards. Potential competitive advantage for US-issued stablecoins through new regulatory clarity. Updated GENIUS Act Focuses on Consumer Protection and Regulatory Clarity The United States Senate Banking Committee has announced a vote scheduled […]
Read moreMarch 10, 2025 2:41 pm
Key moments USD/ZAR gains, extending pullback from 11-week low South Africa national budget presentation in focus US foreign policy developments, macro data eyed The USD/ZAR currency pair extended a rebound from Friday’s 11-week low on Monday, as investors were closely watching for any developments regarding US foreign policy and ahead of the highly anticipated national […]
Read moreMarch 10, 2025 1:26 pm
Key moments The euro has solidified its position at around $1.08, a level of stability not seen since November. The euro’s strengthening is attributed to significant policy actions within the Eurozone. Key factors include Germany’s planned fiscal reforms, the European Central Bank’s measured interest rate cut, and increased defense spending across Europe. Negative momentum from […]
Read moreMarch 10, 2025 12:48 pm
Key moments Currency Pair Climbs to Near 0.84 on Euro Strength Driven by German Fiscal Outlook. UK Economic Uncertainty and Global Volatility Weigh on GBP. Danske Bank Forecasts EUR/GBP to Recede to 0.81 in 12 Months. Euro Gains Against Pound Amid Fiscal Spending Uncertainty The EUR/GBP currency pair experienced a notable surge last week, propelled […]
Read moreMarch 10, 2025 11:39 am
Key moments USD/CHF at lows not seen since early December 2024 US data string now eyed for clues on macroeconomic conditions, Fed rate cut path Swiss consumer morale worsens in February The USD/CHF currency pair registered a fresh 3-month low on Monday, as the Swiss Franc drew support from safe haven flows amid ongoing US […]
Read moreMarch 10, 2025 10:59 am
Key moments China’s 10-year bond yield hit 1.865% on Monday, a 25 basis-point rise from January lows. The country’s fiscal deficit amounts to 4% of GDP, with CN¥1.3 trillion in bonds planned for 2025. MSCI China rose nearly 20%, while Hang Seng has increased over 18% year-to-date. 10-Year Bond Yields Rise 25 Basis Points From […]
Read moreMarch 10, 2025 10:37 am
Key moments XRP experienced a sharp decline, with its value falling by 7% and dipping below the $2.20 mark. Market anxieties, compounded by wider crypto market downturns and global economic uncertainties, contributed to the significant price reduction. During Monday’s trading session, XRP’s price reached a low of $2.0887. A substantial $730 million outflow from XRP’s […]
Read moreMarch 10, 2025 10:15 am
Key moments NZD/USD pair gains ground, reaching approximately $0.5740, driven by a weakening US dollar. Escalating trade tensions between the US and China, with retaliatory tariffs taking effect, impact market sentiment. US economic uncertainty, highlighted by Federal Reserve concerns and weaker than expected job data, puts pressure on the US dollar. NZD/USD Climbs 0.63% within […]
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