Monthly Archives: March 2025
During North American trading, the USD/JPY pair fell to around 148.60 after earlier gains vanished
Written on March 22, 2025 at 2:23 am, by davin
USD/JPY declined as US Dollar strength persisted. Japan’s cooling CPI and Fed policy stance influenced market sentiment.
Trump discussed tariffs with China, plans for car manufacturing, and mentioned a ceasefire in Ukraine
Written on March 22, 2025 at 2:21 am, by davin
Trump suggests flexibility on China tariffs; mentions ‘liberation day,’ US manufacturing, rising dollar, and Ukraine ceasefire.
Scotiabank’s strategist highlights February’s public sector borrowing at GBP10.7bn, exceeding initial forecasts for GBP
Written on March 22, 2025 at 1:53 am, by davin
GBP declines after borrowing data; deficit pressures Chancellor Reeves; support at 1.2900/10, resistance at 1.2980.
A dip in the euro was observed following France’s announcement regarding US-EU trade tensions
Written on March 22, 2025 at 1:51 am, by davin
France may trigger the EU’s strongest trade mechanism, weakening the euro amid escalating trade tensions and negotiations.
Shaun Osborne, Chief FX Strategist at Scotiabank, observes EUR hovering around the low 1.08s
Written on March 22, 2025 at 1:23 am, by davin
The Euro consolidates near 1.08 amid EU aid uncertainty, German spending increase, and technical support levels.
The GBPUSD is constrained within a 48-pip range, with key support at the 61.8% retracement.
Written on March 22, 2025 at 1:21 am, by davin
GBPUSD trades below key moving averages, testing support at 1.2922, with resistance at the 200-hour MA.
After the USD’s unsuccessful attempt at 1.44, the CAD remains relatively stable, observes Osborne
Written on March 22, 2025 at 12:53 am, by davin
The Canadian Dollar remains stable as BoC monitors trade inflation. USD faces resistance at 1.4340/50, support 1.4300/10.
Williams expressed caution regarding future monetary policy, citing economic uncertainties and inflation risk factors
Written on March 22, 2025 at 12:51 am, by davin
Monetary policy manages risks; Williams highlights economic uncertainties, inflation concerns, and forecasting challenges, including tariff impacts.
According to Reuters, President John Williams deemed the existing moderately restrictive monetary policy wholly suitable
Written on March 22, 2025 at 12:23 am, by davin
Williams sees policy as appropriate amid strong jobs, inflation concerns, economic uncertainty, disinflation inconsistencies, and slowing growth risks.
In March, consumer confidence in the Eurozone was -14.5, lower than the anticipated -13.0
Written on March 22, 2025 at 12:21 am, by davin
Eurozone consumer confidence dropped to -14.5 in March, lower than expected and matching last year’s lowest level.