Decline in USD/DKK Pair to Lowest Level Since September 17, 2021
The USD/DKK exchange rate continues its downward trend, reaching 6.3068 two days ago — its lowest level since September 17, 2021. The pair has dropped approximately 6% from its peak of 6.7413 on May 12, 2025, to the recent low of 6.3068. Recent Danish economic data indicates a notable improvement in the country’s economic performance: […]
Bullish Momentum for EUR/USD: Reaching the Highest Level Since September 15, 2021
The EUR/USD pair reached 1.1830 yesterday, Tuesday, marking its highest level since September 15, 2021. It has risen by nearly 7% from the low recorded on May 12, 2025, at 1.1065 up to the peak reached yesterday at 1.1830. The pair is currently trading near the 1.1800 level and has increased by about 14% year-to-date. […]
U.S. Dollar Falls to 7-Month Low Against Chinese Yuan
The USD/CNH exchange rate dropped to 7.1520 on Thursday, June 26, 2025 — its lowest level since November 8, 2024. The pair is currently trading at near 7.1600. From the April 8, 2025 high of 7.4289 to the recent low, the dollar has weakened by nearly 4%, and is down approximately 2% year-to-date. Meanwhile, the […]
Brief Overview of Last Week’s Key Economic Events
Last week was marked by several key economic developments globally. In the United States, data indicated improvements in the labor market and a sharp drop in oil inventories, alongside positive momentum in both manufacturing and services PMI. Housing indicators showed mixed results, while consumer spending declined, despite increases in core PCE inflation and durable goods […]
Bitcoin on Track to Break Historical Resistance Levels After Strong Rally
We witnessed a decline in Bitcoin prices to around $98,000 on Sunday, June 22, 2025, which was the lowest level since May 8, 2025 — due to escalating geopolitical tensions and a shift away from high-risk assets. However, following the easing of these tensions, Bitcoin saw a notable rebound of approximately 10%, from Sunday’s low […]
Gold Seeks Direction: Between Dollar Weakness and Easing Geopolitical Tensions
Gold prices fell yesterday, reaching $3,296 — their lowest level since June 9, 2025 — before closing at $3,324. Since reaching an all-time high of $3,500 on April 22, 2025, gold has been trading sideways in a horizontal range between strong support at $3,200 and firm resistance at $3,400, in search of a clear directional […]
Oil Market Faces Sharp Volatility Amid Escalating Geopolitical Tensions
Oil markets have witnessed sharp price fluctuations recently. On Monday, prices surged to $80.34 per barrel — the highest level since January 21, 2025 — before retreating to close near $70, marking a daily drop of around 9%. The Oil Volatility Index (OVX), often referred to as the “fear gauge” for oil prices, reached 74.41 […]
Brief Overview of Last Week’s Key Economic Events
Last week, the United States Federal Reserve decided to keep interest rates steady at 4.25%, alongside sharp declines in crude oil inventories, retail sales, and industrial production. Additionally, manufacturing indexes in New York and Philadelphia showed greater-than-expected contraction. In the Eurozone, the consumer price index maintained moderate growth in line with expectations, while the UK […]
Swiss National Bank Cuts Interest Rate to Zero… Will Negative Rates Return Soon?
The Swiss National Bank (SNB) decided yesterday to cut interest rates by 25 basis points, as expected, from 0.25% to 0.0%, marking the sixth consecutive cut. This makes the SNB the first central bank in the world to currently adopt a zero-interest rate policy. The question now arises: will the SNB return to a negative […]
Will the Bank of England Keep Rates Steady? Sterling in the Spotlight
GBP/USD reached 1.3632 on Friday, June 13, 2025 — its highest level since February 21, 2022. The pair has climbed nearly 13% from its January 13, 2025 low of 1.2100 to this June high of 1.3632. It is currently trading near 1.3400, up around 7% year-to-date. UK headline CPI rose 3.4% year-over-year, above the forecast […]
