Insights 
VT 
Monthly Archives: March 2025
USDCAD remains within a range as central bank decisions and economic uncertainty impact the market
Written on March 24, 2025 at 6:21 pm, by davin
USDCAD trades in a range amid economic uncertainty; key levels, rate decisions, and upcoming data influence movement.
Makhlouf from the ECB avoided discussing the potential April rate cut while acknowledging progress in disinflation
Written on March 24, 2025 at 5:51 pm, by davin
ECB’s Gabriel Makhlouf won’t comment on April rate cut; markets anticipate 65% probability amid economic developments.
Recent analysis suggests budget events pose downside risks for GBP as it dips below 0.840
Written on March 24, 2025 at 5:23 pm, by davin
EUR/GBP fell below 0.840 but may exceed 0.845. UK inflation steady; gilt market remains cautious.
Market sentiment remains optimistic, with S&P 500 futures rising and tech stocks leading gains
Written on March 24, 2025 at 5:21 pm, by davin
Market sentiment remains positive; S&P 500 futures rise, dollar declines, and US stocks aim higher.
After the March meeting, the Fed’s interest rate remained stable at 4.25%-4.5% amidst hawkish sentiment
Written on March 24, 2025 at 4:53 pm, by davin
The Federal Reserve kept rates at 4.25%-4.5%, projecting a 2025 cut. Powell emphasized caution on reductions.
UK’s flash services PMI reached 53.2, surpassing expectations, while manufacturing saw notable declines in performance
Written on March 24, 2025 at 4:51 pm, by davin
UK Services PMI exceeds expectations at 53.2, while Manufacturing PMI lags at 44.6. Growth remains modest.
The US Dollar is expected to rebound as the tariff deadline approaches, according to OCBC
Written on March 24, 2025 at 4:23 pm, by davin
USD rises as tariff deadline nears; exemptions possible; market sentiment uncertain; resistance at 104-105, support at 102.50.
Total sight deposits at the SNB decreased slightly, while domestic sight deposits rose marginally
Written on March 24, 2025 at 4:21 pm, by davin
Swiss National Bank sight deposits dipped slightly to CHF 440.4 billion, while domestic deposits saw a small increase.
Last week saw the US Dollar gain support following a notably weak beginning in March
Written on March 24, 2025 at 3:53 pm, by davin
USD showed support after a weak start, with consumer confidence and PCE data key for future performance.
Germany’s flash manufacturing PMI rose to 48.3, indicating potential recovery amidst mixed economic signals
Written on March 24, 2025 at 3:51 pm, by davin
Germany’s March manufacturing PMI rose to 48.3, while services PMI fell to 50.2, signaling mixed economic momentum.
