GBP/CHF Exchange rate
Editors’ Picks
EUR/USD holds recovery below 1.0500 after German IFO
EUR/USD clings to recovery gains below 1.0500 in the European session on Monday. The US Dollar upswing fizzles out despite broad risk aversion, aiding the pair's renewed upside. The pair also cheers upbeat German IFO survey but ECB rate cut expectations seem to limit its rebound.
GBP/USD recovers losses above 1.2450 as US Dollar loses ground
GBP/USD trims losses to regain 1.2450 in the European session on Monday. The pair fnds fresh demand amid fading US Dollar recovery even as global stocks sell-off extends and investors remain wary of US President Trump's tariff plans.
Gold price recovers a part of intraday losses, down a little around $2,760 area
Gold price recovers a major part of its intraday losses and trades with a mild negative bias, around the $2,760 area during the first half of the European session on Monday. US President Donald Trump's decision to impose tariffs on all imports from Colombia revives trade war fears and triggers a fresh wave of the global risk-aversion trade.
Bitcoin dips below $99K, wiping nearly $860 million from market
Bitcoin edges below $100,000 support and falls nearly 4% at the time of writing on Monday after hitting a new all-time high of $109,588 the previous week. The recent price decline has triggered a wave of liquidations across the crypto market, resulting in $860.55 million in total liquidations in the last 24 hours.
ECB and US Fed not yet at finish line
Capital market participants are expecting a series of interest rate cuts this year in both the Eurozone and the US, with two interest rate cuts of 25 basis points each by the US Federal Reserve and four by the European Central Bank (ECB).