The cryptocurrency market experienced a sharp downturn following Moody’s downgrade of the US credit rating, marking the first such event in 75 years. This move significantly impacted leading […]
Crypto Funds Hit $7.5B as US Inflows Surge in 2025
US-based crypto investment products attracted over $7.5 billion worth of investment in 2025, marking a notable increase in investor interest for digital assets. This surge is fueled by […]
ECB Chief Blasts Trump’s Policies as Cause for Euro’s Strength Against Dollar
Christine Lagarde, president of the European Central Bank (ECB), has pointed to Donald Trump’s erratic policy decisions as a key driver behind the euro’s recent surge against the […]
US Dollar Declines Amidst Weak Economic Data – What This Means for the Markets
The US dollar experienced a notable decline recently, driven primarily by weaker-than-expected economic data. Although this retreat appears counterintuitive given the ongoing strength of the dollar, it highlights […]
U.S. Trade Negotiations: Currency Policy Excluded from Agreement Terms
Despite ongoing global trade negotiations, U.S. officials have decided to exclude currency policy commitments from the agreement terms. This decision follows concerns that U.S. President Donald Trump’s administration […]
Dollar Steady, Gold Dips as Bitcoin Fear Index Rises Amidst Market Optimism
The US dollar held its ground Wednesday after experiencing its steepest decline in over three weeks on Tuesday. Meanwhile, gold prices fell against the backdrop of a waning […]
U.S. Dollar Index Plummets 0.50%
The U.S. Dollar Index (DXY) experienced a significant drop of 0.50% during the day, settling at 100.47. This marks a notable decline in value.
US Inflation Concerns Push Interest Rate Cut Timeline to September
Market speculation surrounding US inflation is impacting predictions for interest rate cuts. A projected 0.3% rise in April’s core inflation is influencing expectations, potentially delaying a Fed decision […]
U.S. Dollar Gains Momentum If April Inflation Remains Steady
ING analyst Chris Turner predicts the U.S. dollar could strengthen if April’s core inflation remains unchanged. This scenario would support the Federal Reserve’s decision to hold off on […]
Fund Managers Turn Bearish on Dollar as Trade Policies Discourage US Investments
Global fund managers have reached their highest level of bearish sentiment towards the U.S. dollar since 2006, according to a recent survey by Bank of America released on […]
US-China Trade Deal Sparks Currency Volatility: How it Impacts Crypto
A significant breakthrough in the ongoing trade negotiations between the U.S. and China sent shockwaves through global currencies, resulting in a dramatic surge of the US Dollar while […]
Asia FX Plummets Amid US Dollar Strength, Indian Rupee Soars Following Ceasefire
The Asian Forex market has experienced significant volatility in recent weeks, with many currencies weakening against the US dollar. This trend is largely attributed to the strength of […]
Asia FX Plummets as US Dollar Rises: India Rupee soars
Global financial markets are interconnected, with forex market movements significantly impacting the cryptocurrency space. We observe a decline in many Asia-Pacific currencies against the rising US dollar and […]
U.S. Dollar Index Hits New Highs Above 101.5
The U.S. Dollar Index (DXY) has experienced a significant surge, surpassing the 101.5 mark and reaching 101.619 according to BlockBeats data. This represents a daily increase of 1.19%. […]
Bitcoin Soars Amidst Declining US Dollar Index
Recent data reveals a strong correlation between Bitcoin’s performance and the declining US Dollar Index. Economist Tomas highlighted this trend, observing a 3.93% reduction in the dollar index […]