Europe FX

💵 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

Key Takeaways: 💰 Bitcoin has reached a record high above $71,000 with a 70% gain for the year so far. 📈 Flows of capital into U.S. spot bitcoin exchange-traded funds reached almost $2 billion, intensifying demand. 🔒 The UK regulator permits recognised investment exchanges to launch crypto-backed exchange-traded notes for professional investors. ⛓ The rate … Read more