Monthly Archives: June 2025
Euro Strengthens to One-Month High Ahead of Key ECB Decision
Written on June 3, 2025 at 7:21 am, by
Key Takeaways: *The euro gains to its one-month high against its peers on the back of solid economic indicators. *Today, the market will focus on the eurozone CPI to gauge the strength of the euro. The euro has extended its gains against major currencies, climbing to its highest level in a month as markets positionContinue Reading
Dollar Plummets to Fresh Low as Trade Concerns and Weak Data Fuel Selloff
Written on June 3, 2025 at 7:20 am, by
Key Takeaways: *The U.S. dollar faces headwinds as the market pivots accordingly with the new tariff threat from President Trump. *The U.S. ISM PMI readings came short, dampening the U.S. dollar’s strength. Market Summary: The U.S. dollar extended its decline, sinking to a new low of $98.58 in the previous session as market sentiment souredContinue Reading
BTC Dips as ETFs Funds Withdraw Significantly
Written on June 3, 2025 at 7:19 am, by
Key Takeaways: *BTC rebounded after dipping to its critical liquidity zone near the $103,000 mark. *BTC fundamentals remain solid as more companies are keen to acquire BTC as a treasury reserve. Market Summary: Bitcoin (BTC) has posted three consecutive sessions of gains following last week’s steep 4% decline, as the cryptocurrency market shows signs ofContinue Reading
