Monthly Archives: March 2025
The US Dollar shows slight strength while remaining within its current consolidation range, as noted by Scotiabank’s strategist
Written on March 21, 2025 at 11:53 pm, by davin
USD strengthens slightly but stays range-bound; mixed currency moves; attention shifts to April US tariff announcement.
FedEx’s declining shares and earnings suggest economic pressures and uncertain demand affecting businesses negatively.
Written on March 21, 2025 at 11:51 pm, by davin
FedEx shares fell 9.2% due to a lowered earnings forecast, economic concerns, and uncertain demand outlook.
Despite recent highs, gold struggles to regain losses prior to US trading, continuing its downward trend
Written on March 21, 2025 at 11:23 pm, by davin
Gold stays positive for the week, trading near $3,030 amid geopolitical tensions, tariff concerns, and technical resistance.
The AUDUSD faced downward pressure after failing to maintain gains above crucial moving averages
Written on March 21, 2025 at 11:21 pm, by davin
AUDUSD faces selling pressure below key moving averages, with support at 0.6254-0.6268 crucial for further declines.
Austan Goolsbee, President of Chicago Fed, emphasised patience amidst economic uncertainty during a CNBC interview
Written on March 21, 2025 at 10:53 pm, by davin
Goolsbee stresses patience amid uncertainty, highlighting business anxiety, tariffs’ impact, and the Fed’s long-term approach.
The technology sector falters while defense stocks rise, reflecting changing investor strategies and caution
Written on March 21, 2025 at 10:51 pm, by davin
Tech struggles as Nvidia falls, while industrials, led by defense stocks, thrive. Investors shift towards stability.
In February, Canada’s Year-on-Year New Housing Price Index holds steady at 0.1%
Written on March 21, 2025 at 10:23 pm, by davin
Canada’s housing prices rose 0.1%, USD strengthened, gold nears $3,000, and US SEC discusses crypto regulation.
Stournaras expressed expectations for an April rate cut while discussing terminal rates and fiscal stimulus
Written on March 21, 2025 at 10:21 pm, by davin
Market expects 64% chance of ECB rate cut in April; Stournaras supports, citing fiscal stimulus and equilibrium needs.
In February, Canada’s monthly New Housing Price Index surpassed expectations, recording a 0.1% increase
Written on March 21, 2025 at 9:53 pm, by davin
Canada’s New Housing Price Index rose 0.1% in February, exceeding forecasts, signaling housing market trends.
The USDCHF shows upward momentum above key moving averages, with resistance around 0.8845 and 0.8862
Written on March 21, 2025 at 9:51 pm, by davin
USDCHF bounced from 0.8755 after SNB rate cut, encountering resistance at 0.8845 while maintaining short-term bullish momentum.