Monthly Archives: March 2025
HSBC suggests EUR/USD is overstretched, driven by speculation, requiring swift fiscal stimulus for sustainability
Written on March 24, 2025 at 11:51 pm, by davin
EUR/USD’s rise is driven by speculation, not fundamentals; sustainability depends on swift EU fiscal stimulus execution.
According to Scotiabank’s strategist, the Canadian Dollar shows slight improvement yet is undervalued
Written on March 24, 2025 at 11:23 pm, by davin
The Canadian Dollar strengthens slightly, while USD remains overvalued. Technicals hint at a bearish outlook amid uncertainties.
Trump plans to impose tariffs on various goods, impacting consumers and promoting lower taxes and interest rates
Written on March 24, 2025 at 11:21 pm, by davin
Trump announces tariffs on automobiles, aluminium, and pharmaceuticals; China tariffs rise to 45% on April 2.
Ahead of the US PMI release, the Indian Rupee strengthens, reaching multi-month lows against USD.
Written on March 24, 2025 at 10:53 pm, by davin
INR strengthened on Monday due to equities, foreign inflows, and USD support, but crude prices pose risks.
During a cabinet meeting, President Trump claimed companies are returning to the U.S. and investments exceed forecasts, criticising the CHIPs Act as ineffective.
Written on March 24, 2025 at 10:51 pm, by davin
President Trump criticized the CHIPs Act, which funds US semiconductor production, research, and tax incentives for companies.
The Chicago Fed National Activity Index in the United States rose from -0.03 to 0.18
Written on March 24, 2025 at 10:23 pm, by davin
Chicago Fed Index rose to 0.18, US Dollar strengthened, Gold neared $3,000, and core PCE awaited.
The USDJPY surged, surpassing key resistance levels, with buyers driving prices to new highs
Written on March 24, 2025 at 10:21 pm, by davin
USDJPY surged, surpassing resistance levels, driven by market sentiment and rising US yields, targeting 151.03 next.
After a week of volatility, GBP/USD remained steady as sellers paused at crucial support levels
Written on March 24, 2025 at 9:53 pm, by davin
GBP/USD gains momentum as US Dollar weakens, stabilising near 1.2950 amid geopolitical tensions and market optimism.
The EURUSD has reached new session lows, with sellers maintaining pressure below resistance levels
Written on March 24, 2025 at 9:51 pm, by davin
EURUSD hits new lows, breaking key support. Resistance at 1.0804-1.08174; sellers target 1.07767 and 1.07286 next.
In March, Mexico’s inflation for the first half of the month was 0.14%, under expectations
Written on March 24, 2025 at 9:23 pm, by davin
Mexico’s inflation slowed, AUD/USD rebounded, EUR/USD declined, gold neared $3,000, and markets await tariff reports.