Monthly Archives: March 2025
Traders increased net long positions in the euro while adjusting their positions on other currencies
Written on March 24, 2025 at 12:51 am, by davin
Euro net longs surged to 59,425 contracts, while Aussie and kiwi shorts widened and Canadian dollar shorts eased.
The Services PMI for Australia was reported at 51.2, slightly above the previous 50.8
Written on March 24, 2025 at 12:23 am, by davin
Australia’s Services PMI rose slightly, AUD/USD gained, USD/JPY climbed, gold hit records, and key data approaches.
An adviser to Trump suggested selling gold to finance Bitcoin purchases while remaining budget-neutral
Written on March 24, 2025 at 12:21 am, by davin
Bo Hines discussed selling Fort Knox gold to fund Bitcoin under Trump’s budget-neutral proposal for a Bitcoin Reserve.
The Composite PMI for Australia rose to 51.3, up from 50.6 reported earlier
Written on March 23, 2025 at 11:53 pm, by davin
Australia Judo Bank PMI rose, AUD/USD gained, EUR/USD fluctuated, gold hit record, key economic indicators awaited.
Stock futures rise as risk appetite increases; news from the Wall Street Journal influences markets
Written on March 23, 2025 at 11:51 pm, by davin
The White House refines tariff strategy, boosting markets; currency values fluctuate amid evolving trade policies and investor sentiment.
Fears of a US recession loom, threatening vital support levels for major stock indices and tech companies
Written on March 23, 2025 at 11:23 pm, by davin
Recession fears pressure Wall Street; Nasdaq, S&P 500, Dow Jones approach key supports. Economic risks persist, caution advised.
The Australian Manufacturing PMI rose dramatically to 52.6, surpassing the previous 50.4
Written on March 23, 2025 at 11:21 pm, by davin
Australia’s March 2025 PMI: Manufacturing rose to 52.6, Services dipped to 51.2, and Composite declined to 51.3.
The White House is shifting tariff strategies to focus on targeted tariffs, omitting broader sector-specific measures
Written on March 23, 2025 at 10:51 pm, by davin
The White House revises tariff strategy, emphasizing targeted reciprocal tariffs over broad industry-wide measures before April 2.
The AUD/USD is expected to reach 0.68 by year-end, supported by various economic factors
Written on March 23, 2025 at 10:21 pm, by davin
Bank of America forecasts AUD to reach 0.68 USD by December 2025, driven by USD depreciation and stimulus.
Asia’s economic calendar highlights upcoming Australian and Japanese flash PMIs, with additional important reports expected
Written on March 23, 2025 at 9:51 pm, by davin
Key economic releases include US PCE, Global PMIs, UK CPI, Spring Statement, and Bank of Japan’s SoO.