europefx

Key Takeaways: The U.S. dollar gained strength ahead of PPI release and retail sales data The Dollar Index traded 0.1% higher at 102.490 EURO/USD edged lower due to lack of significant economic data in the eurozone ECB may start cutting interest rates in the spring, between April and June GBP/USD … Read more

Dollar remains steady following strong CPI data GBP is stagnant/unchanging Euro weakens against dollar

Key Takeaways: Dollar gained strength ahead of PPI release Dollar Index traded higher against a basket of currencies Dollar weakened due to dovish comments from Fed chief Jerome Powell U.S. data shows economy remains strong but inflation is a concern EUR/USD dropped due to lack of significant economic data in … Read more

Key Takeaways: 134 countries representing 98% of the global economy are exploring digital currencies Over half of the countries are in advanced development, pilot, or launch stages The United States is falling behind in developing a digital dollar for the wider population China, Europe, and Japan are ahead in CBDC development … Read more

Financial Market Updates: The U.S. dollar steadied after strong consumer inflation data The British pound remained stable ahead of key GDP data releases Most G7 currencies traded rangebound, with minimal movement The Japanese yen saw some strength amid focus on Bank of Japan policy shift Markets anticipate the Fed to … Read more

Key Takeaways: Most Asian currencies dipped while the dollar remained steady after U.S. inflation data. The Japanese yen saw gains due to potential interest rate hike by the Bank of Japan. The dollar index and futures retained gains after stronger-than-expected CPI reading. Concerns about Fed trimming interest rates linger despite inflation … Read more

Canadian dollar weakened against the U.S. dollar due to U.S. inflation data U.S. Federal Reserve rate cut may be delayed Bank of Canada may align with Fed rate decisions to avoid divergence Canadian economy shows signs of cooling USD/CAD pair expected to trade within range bound levels Technical analysis … Read more

Key Takeaways US CFTC plans to publish a rule on vertically integrated models by summer Rule will address conditions for entities within vertically integrated stack First time CFTC has allowed a vertically integrated market structure Draft rule to be finalized within a year after comments and feedback Integrated structures are … Read more

Key Takeaways Most Asian currencies stable as markets wait for U.S. inflation data Japanese yen weakens after BOJ officials’ comments on rate hike prospects Asian currencies overall trading in a flat-to-low range Dollar steadies after recent losses, focus on upcoming U.S. CPI data Chinese yuan rises slightly, but outlook remains … Read more

Key Takeaways Bitcoin hit a new all-time high of $72,662 Bitcoin rose by 4.8% to reach $71,677 in European trading The world’s most valuable cryptocurrency is benefiting from new cash flows into spot bitcoin exchange-traded funds Supply of bitcoin will tighten in April with the halving event UK regulator allows … Read more