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Currencies

HashKey Exchange Adds Fiat Gateways for 15 Currencies, Expanding Offshore RMB and Multi-Currency Funding Options

HONG KONG, June 10, 2025 /PRNewswire/ -- HashKey Exchange, Hong Kong's largest* licensed virtual asset exchange, announced today the expansion of its bank deposit services to cover 32 countries and regions, an increase of 15 from its previous scope. This move significantly broadens users' fiat deposit and withdrawal channels. The platform now supports multi-currency deposits and withdrawals, including offshore Renminbi (CNH), Hong Kong Dollars (HKD), US Dollars (USD), and Euros (EUR), with accepted bank transfers extended to 32 countries/ regions such as Hong Kong China, the United States, the United...
Currencies

Euro retreats on US-China trade optimism

EUR/USD loses traction and trades slightly below 1.1400 on Tuesday.US-China trade negotiations are set to continue in London.The pair could gather bearish momentum if 1.1360-1.1350 support fails.EUR/USD stays on the back foot in the European morning on Tuesday and trades slightly below 1.1400 after posting marginal gains on Monday. Growing optimism about the United States (US) and China resolving the trade dispute helps the sentiment around the US economic outlook improve and supports the US Dollar (USD). Euro PRICE Today The table below shows the percentage change of Euro (EUR)...
Currencies

ECB rate decision and US data to ramp up volatility

Here is what you need to know on Thursday, June 5:Major currency pairs fluctuate within their weekly ranges early Thursday. The European Central Bank (ECB) will announce monetary policy decisions and the US economic calendar will offer Challenger Job Cuts data for May, weekly Initial Jobless Claims reading, alongside the Goods Trade Balance figures for April. ECB President Christine Lagarde will speak on the outlook and respond to questions in the post-meeting press conference. Finally, several Federal Reserve (Fed) policymakers are scheduled to deliver speeches in the second half of...
Currencies

Risk flows dominate markets ahead of US data

Here is what you need to know on Thursday, May 29:Markets turn risk-positive in the second half of the week as fears over an economic downturn in the United States (US) ease following a federal court's decision to block US President Donald Trump's 'Liberation Day' tariffs. The US Bureau of Economic Analysis will release its second estimate of the Gross Domestic Product (GDP) growth for the first quarter on Thursday. The US economic calendar will also feature weekly Initial Jobless Claims and April Pending Home Sales data. US Dollar PRICE...
Currencies

Pound Sterling sellers could show interest with break below 1.3500

GBP/USD stabilizes near 1.3500 following Tuesday's bearish action.Technical sellers could look to retain control if GBP/USD breaks below 1.3500.In the absence of high-tier data releases, markets will focus on FOMC Minutes.GBP/USD trades in a narrow channel slightly above 1.3500 on Wednesday after closing in negative territory and snapping a six-day winning streak on Tuesday. The pair's technical outlook is yet to point to a bearish reversal but sellers could take action if the pair flips 1.3500 into resistance. British Pound PRICE This week The table below shows the percentage change...
Currencies

US Dollar rebounds after long weekend, focus shifts to mid-tier US data

Here is what you need to know on Tuesday, May 27:The US Dollar (USD) benefits from the improving risk mood early Tuesday, while trading conditions normalize following a three-day weekend in the US. The European Commission will publish business and consumer sentiment data for May. Later in the day, the US economic calendar will feature April Durable Goods Orders and May CB Consumer Confidence Index data. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the...
Currencies

10 Strongest and Weakest Currencies in the World 2025

TEMPO.CO, Jakarta - In the global trade world, the exchange rate of currencies often becomes a barometer of a country's economic strength. Despite dominating as the most traded currency, it turns out that the US dollar does not currently hold the top position as the world's strongest currency. On the other hand, a number of currencies are at a nadir, with their values only a small fraction of one US dollar.Quoted from Forbes and Xe Corporation, here is a list of the 10 strongest and weakest currencies in the world...
Currencies

10 Strongest and Weakest Currencies in the World 2025

TEMPO.CO, Jakarta - In the global trade world, the exchange rate of currencies often becomes a barometer of a country's economic strength. Despite dominating as the most traded currency, it turns out that the US dollar does not currently hold the top position as the world's strongest currency. On the other hand, a number of currencies are at a nadir, with their values only a small fraction of one US dollar.Quoted from Forbes and Xe Corporation, here is a list of the 10 strongest and weakest currencies in the world...
Currencies

Global Currencies Surge as Trump Delays EU Tariffs

The euro and other global currencies experienced a significant boost on Monday following President Donald Trump's decision to delay imposing 50% tariffs on EU imports, initially set for June 1. This move, requested by the EU to facilitate a better deal, comes amid Trump's broader policy shifts, contributing to a weakening U.S. dollar.Ray Attrill of the National Australia Bank noted the resurgence of the 'Sell America' trend in the currency markets. Investors are factoring in the likelihood that the U.S.-EU tariff resolution won't reach the hefty 50% level, though...
Currencies

Gold’s historic race to reclaim role as preeminent reserve currency [Video]

The Money Metals quarterly bar chart race on the evolution of global international reserves is out. Recently, gold overtook the euro, and soon will be challenging the dollar! In the video by world-renowned gold analyst at Money Metals, Jan Nieuwenhuijs, we explore world reserve currencies from 1950 to 2024.  Such currencies in this comprehensive analysis include gold, the US dollar, British sterling, the Deutsche mark, the French franc, the euro, the Chinese renminbi, the Japanese yen, and “other FX” (e.g., the Swiss franc). https://www.youtube.com/watch?v=mWSaEf-DTJc The race is off… and in...
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