USD/ZAR hovers above 3-week low after South Africa CPI
The USD/ZAR currency pair hovered just above a fresh 3-week low of 18.4876 on Wednesday, as the Rand remained firm against a broadly weaker US Dollar after the latest CPI data out of South Africa.Annu
11hour ago1.25w
EUR/USD Slips Below 1.1400 as Eurozone PMI Hits 50.1 EUR/USD Slips Below 1.1400 as Eurozone PMI Hits 50.1
Key momentsThe EUR/USD pair experienced a decline on Wednesday, dropping to 1.1396.Renewed hopes of a solution to tariff conflicts propelled the US dollar.The Eurozone’s Composite PMI registered at a
11hour ago1.25w
Bitcoin Holds Firm Above $93,000 Bitcoin Holds Firm Above $93,000
Key momentsThis week witnessed renewed investor enthusiasm that decisively pushed Bitcoin past the $90,000 threshold. At press time, the cryptocurrency is trading near the $93.700 mark.More than $560
11hour ago1.26w
USD/JPY Retreats Below 142.00 as Yen Regains Ground USD/JPY Retreats Below 142.00 as Yen Regains Ground
Key momentsThe USD/JPY pair is now hovering close to the 142.00 mark.This followed an earlier surge past the 143.00 threshold, which marked the yen’s lowest valuation against the dollar in months.The
11hour ago1.25w
Bitcoin Rallies Past $88,600, ETF Inflows Hit $381 Million Bitcoin Rallies Past $88,600, ETF Inflows Hit $381 Million
Key momentsBitcoin surpassed the $88,600 level on Tuesday.US Bitcoin ETFs started off the week with substantial inflows of $381 million.A struggling US dollar contributed to Bitcoin’s appeal.Bitcoin E
1 day ago1.54w
EUR/USD Slips to 1.1480 as IMF Slashes Eurozone Growth Outlook to 0.8% EUR/USD Slips to 1.1480 as IMF Slashes Eurozone Growth Outlook to 0.8%
Key momentsThe EUR/USD pair fell 0.28% on Tuesday, reaching 1.1480.The US Dollar Index (DXY) continues trading below 99.000 as trade disagreements and the public dispute between President Trump and Fe
1 day ago1.54w
US Dollar Index Dips to 98.310, Aussie Reaches Four-Month Peak Above 0.6420 US Dollar Index Dips to 98.310, Aussie Reaches Four-Month Peak Above 0.6420
Key momentsThe US Dollar Index fell to 98.310 on Tuesday.Treasury yields rose, with the 10-year yield surpassing 4.4% and the 30-year yield exceeding 4.9%.The AUD/USD pair climbed 0.14% to 0.6425.Gree
1 day ago1.54w
GBP/CHF settles above 30 1/2-month low, posts 2% weekly gain
The GBP/CHF currency pair settled above recent low of 1.0609, its weakest level since September 29th 2022, after the latest inflation data out of the United Kingdom.In the meantime, optimism surroundi
04-211.82w
GBP/CAD settles below 2-week high, posts 1% weekly gain
The GBP/CAD currency pair settled below recent high of 1.8496, its strongest level since April 4th, after the latest inflation data out of the United Kingdom and the Bank of Canada’s policy decision.T
04-211.82w
GBP/NZD settles above 7-week low, posts weekly loss
The GBP/NZD currency pair settled above Fridays low of 2.2184, its weakest level since February 26th, after the latest inflation data prints out of the United Kingdom and New Zealand.The Pound faced d
04-211.82w
EUR/CAD settles below 56 1/2-month high, posts weekly gain
The EUR/CAD currency pair settled below recent high of 1.5931, its strongest level since July 31st 2020, in the wake of the European Central Bank’s and the Bank of Canadas policy decisions.The Euro lo
04-201.95w
EUR/CHF settles above 20-week low, posts weekly gain
The EUR/CHF currency pair settled above recent low of 0.9212, its weakest level since November 22nd 2024, in the wake of the European Central Bank’s policy decision.In the meantime, optimism surroundi
04-201.94w
EUR/RUB settles above 2-week low, posts 1% weekly loss
The EUR/RUB currency pair settled above Fridays low of 91.6610, its weakest level since April 3rd, in the wake of the European Central Bank’s policy decision.In the meantime, the Russian Ruble drew su
04-201.94w
USD/RUB plummets to 22 1/2-month trough as oil rises
The USD/RUB currency pair plunged to lows not seen since June 2023 in light holiday trade on Friday, as the Ruble drew support from rising price of oil.Crude Oil, which accounts for about 26% of Russi
04-192.02w
EUR/GBP heads for weekly loss after ECB cuts key rates
The EUR/GBP currency pair was slightly firmer on Friday, but was still set for a weekly loss, in the wake of the European Central Banks policy decision.Yesterday the Euro lost as much as 0.55% of its
04-192.02w
EUR/CAD confined in tight daily range ahead of ECB meeting
The EUR/CAD currency pair traded within a tight daily range on Thursday, as investors braced for the outcome of the ECB’s policy meeting later in the day.The European Central Bank is largely expected
04-182.06w
GBP/USD Attempts Climb Toward 1.3300, Weak Inflation Weighs on the Sterling GBP/USD Attempts Climb Toward 1.3300, Weak Inflation Weighs on the Sterling
Key momentsThe GBP/USD pair managed to hit the 1.3250 mark today but has yet to reach 1.3300The US Dollar Index is trading above recent slumps near 99.000.March saw the UK’s key interest rate reach 2.
04-182.05w
ECB Trims Interest Rates by 25 bps, EUR/USD Drops 0.38% to 1.1355 ECB Trims Interest Rates by 25 bps, EUR/USD Drops 0.38% to 1.1355
Key momentsOn Thursday, the ECB lowered Europe’s interest rates by 25 basis points. The primary deposit facility rate now stands at 2.25%.The ECBs decision to lower borrowing costs was primarily drive
04-182.06w
Bitcoin Nears $85,000 Mark With 1.1% Gain Bitcoin Nears $85,000 Mark With 1.1% Gain
Key momentsBitcoins value enjoyed a modest climb of 1.1% on Thursday, nearly hitting $85,000.The cryptocurrency’s surge occurred as investors were shaken by remarks from Fed Chair Powel, who commented
04-182.06w
Safe-Haven Demand Boosts Yen, USD/JPY Slides 0.28% to 142.77 Safe-Haven Demand Boosts Yen, USD/JPY Slides 0.28% to 142.77
Key momentsThe USD/JPY pair’s exchange rate fell on Wednesday, dropping 0.28% to 142.77. This followed an even steeper decline that saw the USD/JPY edge toward its six-month low.The US Dollar Index al
04-172.07w
EUR/USD Rebounds 0.74% to 1.1361 EUR/USD Rebounds 0.74% to 1.1361
Key momentsThe EUR/USD pair’s Wednesday recovery saw it hit 1.1361.Meanwhile, the US Dollar Index remains stuck below the 100 mark.The US dollar is struggling amid prevailing unease surrounding global
04-172.07w
BTC Drops Below $84,000, Bitcoin Suffers $751M in Outflows BTC Drops Below $84,000, Bitcoin Suffers $751M in Outflows
Key momentsBitcoin’s price slipped 0.48% on Wednesday, sinking past the $84,000 mark.The inconsistent approach of the US administration toward tariffs weighed on global markets and the cryptocurrency
04-172.07w
Bitcoin Gains 1.08% to $85,816 Amid 16.1% Jump in Corporate BTC Ownership Bitcoin Gains 1.08% to $85,816 Amid 16.1% Jump in Corporate BTC Ownership
Key momentsBitcoin managed to rise above the $85,800 mark on Tuesday.The prevailing market sentiment has been positively influenced by indications of potential tariff relief, particularly in the realm
04-162.08w
CAD/CHF under pressure near all-time low ahead of BoC
The CAD/CHF currency pair remained under pressure not far from Fridays all-time low of 0.5829, as traders grappled with uncertainty regarding the Trump administration’s tariff policy, supporting the S
04-162.08w
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