Key Takeaways: 
Bitcoin price dropped by 7.1% to $62,346 
This represents a loss of $5,050 from the previous close Bitcoin is currently down by 15.8% from its 2021 high of $73,794 
Iran’s Revolutionary Guards operation ‘True Promise’ is seen as a punishment for Israeli crimes 
President Joe Biden is being … Read more
Key Takeaways 
The US dollar rose moderately in choppy trading due to concerns about persistent inflation and the belief that the Federal Reserve will delay cutting interest rates. The dollar barely responded to the release of weaker-than-expected March U.S. producer prices and rebounded after an initial fall. 
The yen hit a 34-year … Read more
Key Takeaways: The US dollar rose due to concerns about persistent inflation and expectations of a slower rate cut by the Federal Reserve. Weaker-than-expected March U.S. producer prices did not relieve inflation fears. 
In other currencies, the euro fell to a two-month low after the European Central Bank hinted at a rate … Read more
Key Takeaways: Higher oil prices support the dollar globally in the short term 
Oil shocks amplify USD-positive impact due to supply conditions Oil prices influence USD strength due to supply shocks and inflation dynamics 
Federal Reserve’s restrictive monetary policy contributes to USD impact BofA predicts a decline in dollar value … Read more
Key Takeaways: Dollar is strong against a basket of peers after U.S. inflation data 
Euro remains flat at $1.0748 after a 1% fall 
Markets anticipating ECB rate cuts after hints from policy markers 
ECB aims to remain non-committal about future cuts after June meeting 
Market now pricing in 17% chance … Read more
Key Takeaways: 
Yen is at three-decade lows despite optimism about the economy Yen has been steadily falling for more than three years and lost about a third of its value since the start of 2021 
Yen is the lowest-rate G10 currency, leading to borrowing and selling for higher-yielding currencies 
Japan’s central … Read more
Key Takeaways: 
Asian currencies weakened due to hotter U.S. inflation data and strong dollar Expectations for a June rate cut by the Federal Reserve diminished 
Soft inflation readings from China impacted sentiment Japanese yen slightly strengthened, with concerns over potential currency intervention Chinese yuan remained close to five-month highs 
… Read more
Key Takeaways: 
Japanese officials warn of potential intervention in currency markets USDJPY pair reaches 34-year high of 153.24 due to stronger dollar Pair retreats to around 152.84 after remarks from Finance Minister Suzuki 
Fear of intervention leads to some yen strength Higher U.S. interest rates expected to weigh on the … Read more
Key Takeaways The US dollar surged to a 34-year high against the yen after US inflation data increased more than expected in March. Market participants anticipate a delay in the first Fed rate cut to September from June due to rising inflation. 
Traders have reduced bets on a Fed rate cut in … Read more
Key Takeaways The US dollar surged against the Japanese yen to its highest level since mid-1990 US inflation data exceeded expectations, leading to revised expectations for Fed rate cuts Traders adjusted bets on Fed rate cuts, with lower expectations for June and higher probabilities for September The dollar index against major … Read more