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EUR/USD slides on tariff turmoil, euro CPI rises
03 Feb 2025 18:51 GMT
The euro has weakened at the start of the new week. EUR/USD slumped over the weekend and dropped as low as 1.0141, its lowest level since Nov. 2022. The euro has recovered somewhat on Monday and is trading at 1.0277 in the North American session. Still …
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Aussie falls to five-year low on Trump, China data
03 Feb 2025 12:15 GMT
The Australian dollar is coming off a nasty week, declining 1.6%, and the slide has continued on Monday. AUD/USD fell as In the European session, AUD/USD is trading at 0.6146, down 1% on the day. Earlier, the Australian dollar fell as low as 0.6082 …
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Canada’s GDP declines, Canadian dollar lower
31 Jan 2025 15:01 GMT
The Canadian dollar is steady on Friday. In the North American session, USD/CAD is trading at 1.4523, up 0.23% on the day.
The week wrapped up with Canada’s GDP, a report card on the strength of the economy. The November reading of -0.2% was a …
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Tokyo core inflation hits one-year high, yen lower
31 Jan 2025 12:49 GMT
The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at 154.73, up 0.28% on the day.
Tokyo core CPI rises 2.5%
Japan’s Tokyo’s core inflation rate accelerated to 2.5% y/y in January, up …
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Tech Earnings Mixed, ECB Cuts Rates
31 Jan 2025 10:46 GMT
Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world.
MarketPulse is an …
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Bitcoin (BTC/USD) Rises Above $105k as US States Ponder Bitcoin Strategic Reserve
30 Jan 2025 18:02 GMT
Bitcoin’s price surges past $105k, driven by a weaker US dollar and growing institutional interest.
Several US states are considering adopting Bitcoin reserves, further enhancing Bitcoin’s appeal.
Grayscale launches a Bitcoin Miners ETF.
On-chain analysis …
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ECB expected to trim rates, euro edges lower
30 Jan 2025 12:25 GMT
The euro has edged lower ahead of today’s rate annoucement from the European Central Bank. In the European session, EUR/USD is currently trading at 1.0396, down 0.23% on the day.
ECB projected to lower rates to two-year low
The European Central Bank is …
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US Dollar Index (DXY) Analysis: Hawkish FOMC Pause, Trump’s Fed Criticism, and Technical Outlook
30 Jan 2025 09:33 GMT
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain.
US Commerce Secretary Nominee Lutnick expressed support for sweeping tariffs, claiming they don’t impact inflation.
President Trump blamed the …
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BoE’s Bailey warns about debt, pound steady
29 Jan 2025 19:05 GMT
The British pound is showing little movement on Wednesday. In the North American session, GBP/USD is trading at 1.2440, up 0.02% on the day.
Bailey says UK debt could spiral higher
Bank of England Governor testified before the Treasury Select Committee …
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BoC poised to cut rates, Can. dollar edges lower
29 Jan 2025 13:38 GMT
The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.44236, up 0.23% on the day. It should be a busy day for the Canadian dollar, with the Bank of Canada and the Federal Reserve announcing rate decisions.
Bank of …