Brief Overview of Key Economic Events from the Past Week
Last week featured several important economic data releases on a global scale. In the United States, inflationary pressures showed signs of easing, with both the Consumer Price Index (CPI) and Producer Price Index (PPI) declining. Meanwhile, labor market data remained resilient, although retail sales posted limited growth. The University of Michigan Consumer Sentiment Index fell […]
The British Pound Continues to Rise Amid Improving UK Economic Indicators and a Weaker US Dollar
The GBP/USD currency pair reached a level of 1.3444 on April 28, 2025, marking its highest point since February 24, 2022. It has gained approximately 11% from the low recorded on January 13, 2025, at 1.2100 to the peak reached on April 28 at 1.3444. The pair is currently trading near the 1.3300 level and […]
The U.S. Dollar Hits Highest Level Against Turkish Lira Since March Amid Political Turmoil and Economic Slowdown
The USD/TRY exchange rate reached 38.8040 yesterday, marking its highest level since March 19, 2025, when it touched around 41.00. This spike follows political unrest in Turkey, particularly the imprisonment of Istanbul’s mayor, Ekrem Ä°mamoÄŸlu, on charges related to corruption and supporting terrorist organizations. The pair is currently trading near 38.7500 lira per dollar. Since […]
DAX Index Hits Record High Amid Improving German Economic Outlook
The German DAX index reached a new all-time high of 23,912 points two days ago, before closing yesterday at 23,639 points. The index has surged approximately 29% since its recent low of 18,490 points on April 7, 2025, up to the peak recorded earlier this week. Year-to-date, the DAX has risen by around 18%, outperforming […]
Bullish Momentum for the U.S. Dollar Index Despite Economic Challenges
The U.S. Dollar Index, which measures the greenback’s performance against a basket of six major currencies, climbed yesterday to its highest level since April 11, 2025, reaching 101.98 points. It is currently trading around 101.50. The index has risen approximately 4% from its April 21, 2025 low of 97.92 to yesterday’s peak. However, on a […]
Overview of Last Week’s Key Economic Events
Last week witnessed several significant global economic developments. The U.S. Federal Reserve decided to keep interest rates unchanged, while labor market data showed improvement and the services sector activity rose. Meanwhile, oil inventories declined. In the Eurozone, service sector PMIs showed a slight improvement, though retail sales and producer prices indicated some slowdown. In the […]
Bitcoin Roars Back: 39% Surge Since April Signals Bull Market Entry
Bitcoin prices reached $109,356—a record high registered on January 20 of this year—before retreating to around $75,000 on April 7. Currently, Bitcoin is trading above the key psychological level of $100,000, having recorded $104,159 yesterday, marking its highest level since January 31, 2025. This represents a 39% increase from the April 7 low to yesterday’s […]
Comprehensive Analysis of Crude Oil Price Movements: Geopolitical, Economic, and Technical Factors
Crude oil prices have risen by approximately 8% since hitting a low of $58.44 on Monday this week, climbing to a peak of $63.17 as of yesterday. Currently, prices are hovering around $61.00, amid prevailing uncertainty in the oil market, which is influenced by various conflicting factors. On a year-to-date basis, oil prices are down […]
Technical and Fundamental Analysis: Is Gold Targeting a Break Above $3,500?
Gold prices reached an all-time high of $3,500 on Tuesday, April 22, 2025, before pulling back to $3,200 on Thursday, May 1, 2025—a drop of $300, or roughly 9%. This decline is likely due to a market correction and profit-taking by investors, coupled with news of easing trade tensions between the United States and several […]
Selling Pressure Dominates USD/THB Pair Amid Improving Thai Economic Indicators
The U.S. dollar continues its downward trend against the Thai baht, hitting 32.82 yesterday—its lowest level since October 2, 2025—and is currently trading near the 33.00 level. The pair has dropped approximately 6% from the peak of 34.98 recorded on April 9, 2025, down to yesterday’s low of 32.82. It is also down about 4% […]
