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Monthly Archives: March 2025
Governor Ueda of the Bank of Japan has been gradually reducing long-term JGB holdings while addressing monetary policy
Written on March 24, 2025 at 6:51 am, by davin
BoJ Governor Ueda announced a gradual reduction of JGB holdings, emphasizing stable prices and possible policy adjustments.
Amid slight USD weakening, GBP/USD maintains a positive trend around the 1.2930 level.
Written on March 24, 2025 at 6:23 am, by davin
GBP/USD rises to 1.2930 as BoE’s stance supports gains, while traders await key UK and US PMI data.
Uchida indicated the Bank of Japan may raise interest rates if economic and price outlook improve
Written on March 24, 2025 at 6:21 am, by davin
Interest rates may rise further if economic goals improve, with foreign exchange stability and food prices key.
The EUR/USD pair trades around 1.0840, recovering from a three-day decline before PMI data
Written on March 24, 2025 at 5:53 am, by davin
EUR/USD rebounded near 1.0850 as risk sentiment improved, while Trump’s tariffs raised concerns for the Eurozone.
Kato emphasised the need for currency stability and pledged to address excessive fluctuations in the market
Written on March 24, 2025 at 5:51 am, by davin
Japan’s Finance Minister Kato emphasized stable currency fluctuations and pledged action against excessive market movements amid yen weakness.
China’s central bank establishes USD/CNY reference rate at 7.1780, lower than the forecasted value
Written on March 24, 2025 at 5:21 am, by davin
PBOC sets yuan midpoint at 7.1780, below estimates. Injects 1.353 trillion yuan, net drain 346 billion.
The Services PMI in Japan fell to 49.5, down from a previous 53.7
Written on March 24, 2025 at 4:53 am, by davin
Japan’s Jibun Bank Services PMI dropped to 49.5 in March, signaling contraction in the services sector.
The Jibun Bank Manufacturing PMI for Japan fell to 48.3, missing forecasts of 49.2
Written on March 24, 2025 at 4:23 am, by davin
Japan’s manufacturing PMI falls, AUD/USD climbs, USD/JPY retreats, gold under pressure, and cryptocurrencies consolidate ahead of key data.
US stocks and several currencies rose, yet market-changing news seems largely overlooked by analysts
Written on March 24, 2025 at 4:21 am, by davin
US equities and major currencies rose after the White House narrowed Trump’s tariffs, though media coverage remained sparse.
Japan’s March manufacturing PMI fell to 48.3, signalling a rapid decline in business activity
Written on March 24, 2025 at 3:51 am, by davin
Japan’s March 2025 PMIs fell, indicating declining private sector activity, inflationary pressures, weaker demand, and reduced business confidence.
