The US dollar is experiencing a "calm before the storm"! Several heavy-hitting data releases are coming this week, and global markets are holding their breath in anticipation.
The global foreign exchange market is entering a crucial week! The US Dollar Index traded steadily near 99.74 during the Asian session on Monday (April 28), but this does little to mask its recent weakness—the US dollar has plunged by over 4% against the euro and the yen since April…
- 2025-04-28
The high volatility of the Australian dollar hides deeper meanings! Two major events are set to ignite this week, with expectations of five interest rate cuts looming.
The exchange rate of the Australian dollar is at a crossroads! After three consecutive weeks of gains, hitting a high of 0.6439 in early December, the AUD/USD pair fell into a narrow range of volatility near the 0.6400 level on Monday (April 28).…
- 2025-04-28
The euro soared by 10%! European businesses suffered a "double blow"
European businesses are facing an unprecedented "double blow." Under the heavy pressure of high US tariffs, the euro exchange rate has unexpectedly soared by nearly 10%, hitting a three-year high. …
- 2025-04-28
The underlying trade war between the US and Japan escalates! Doubts over currency manipulation resurface, and could the Bank of Japan become the "scapegoat"?
The US-Japan trade negotiations have entered the deep water zone! In the recently concluded treasury secretary talks last week, Japan seemingly dodged direct pressure from the US on yen appreciation. …
- 2025-04-28