Monthly Archives: March 2025
Retail sales in Canada, excluding automobiles, rose by 0.2%, surpassing the predicted decline of 0.2%
Written on March 21, 2025 at 9:23 pm, by davin
Canada’s retail sales rose 0.2% in January, exceeding forecasts, indicating positive consumer spending trends and economic momentum.
In January, Canadian retail sales decreased by 0.6%, falling short of the anticipated 0.4% decline
Written on March 21, 2025 at 8:53 pm, by davin
Canada’s retail sales fell 0.6% in January, missing expectations and signaling ongoing challenges in consumer spending.
Waller expressed his desire to maintain the current balance sheet runoff pace, citing reserve levels
Written on March 21, 2025 at 8:51 pm, by davin
Waller favors the current balance sheet runoff pace, citing ample reserves and no signs of nearing adequacy.
Amid economic and geopolitical worries, the Pound corrected after reaching close to 1.3000 against USD
Written on March 21, 2025 at 8:23 pm, by davin
Pound Sterling retreats from 1.3000 amid geopolitical tensions, with Bank of England’s cautious stance limiting support.
New housing prices in Canada rose 0.1%, while USD/CAD increased by 33 pips to 1.4356
Written on March 21, 2025 at 8:21 pm, by davin
New housing prices in Canada rose 0.1% in February, while USD/CAD increased to 1.4356 by 33 pips.
The BOJ’s low tolerance for a weaker yen keeps USD/JPY near 150.00, report BBH FX analysts
Written on March 21, 2025 at 7:53 pm, by davin
USD/JPY nears 150.00; resistance at 152.00. Japan’s CPI mixed. BOJ rate hike expected; yen downside limited.
The USDCAD is rising, testing resistance at the 200-hour moving average while support remains intact
Written on March 21, 2025 at 7:51 pm, by davin
USDCAD is trending upwards, testing the 200-hour MA, with key support at 1.4318 and resistance at 1.4360.
BBH FX analysts report that USD/CAD is currently consolidating near the level of 1.4330
Written on March 21, 2025 at 7:23 pm, by davin
USD/CAD stabilises at 1.4330 as inflation limits BOC policy flexibility amid trade uncertainties and slowing retail sales.
US stock markets anticipate a turbulent start due to quad witching and tariff concerns affecting futures
Written on March 21, 2025 at 7:21 pm, by davin
S&P 500 futures drop 48 points as tariff concerns and quad witching pressure markets amid expiring $4.7T options.
Support for EUR/USD could develop near its 200-day moving average, according to BBH FX analysts
Written on March 21, 2025 at 6:53 pm, by davin
EUR/USD trades near weekly lows, finding support at 1.0726. Eurozone surplus supports demand amid positive fiscal developments.