Monthly Archives: March 2025
Average wage increase of 5.40% reported by Japan’s largest union group, Rengo, in revisions
Written on March 21, 2025 at 1:21 pm, by davin
Japan’s Rengo reports a 5.40% wage increase, revised down slightly. Second consecutive year exceeding 5%.
Société Générale’s analysts suggest that EUR/USD may retreat if 1.0950 isn’t surpassed
Written on March 21, 2025 at 12:53 pm, by davin
EUR/USD climbed above its 200-DMA but faces resistance at 1.0950, with momentum slowing and potential pullback.
The Fed’s steady approach suggests that technical pullbacks in gold remain viable dip-buying opportunities
Written on March 21, 2025 at 12:51 pm, by davin
Gold consolidates at 3050 as traders await catalysts. Support at 3020; key levels include 2955 and 2832.
In January, the Eurozone’s current account diminished from €50.5 billion to €13.2 billion
Written on March 21, 2025 at 12:23 pm, by davin
Eurozone’s current account dropped from €50.5B to €13.2B in January, indicating a significant economic shift.
The dollar shows modest gains as risk sentiment deteriorates, impacting various currency pairs negatively
Written on March 21, 2025 at 12:21 pm, by davin
Dollar gains slightly as risk sentiment shifts; EUR/USD drops, USD/JPY rises, and European session lacks catalysts.
In March, Turkey’s Consumer Confidence increased from 82.1 to 85.9
Written on March 21, 2025 at 11:53 am, by davin
Turkey’s consumer confidence rose, USD strengthened, gold dipped, and cryptocurrencies stabilized, with Bitcoin around $84,500.
FX option expiries for various pairs may influence market dynamics, with dollar sentiment remaining crucial
Written on March 21, 2025 at 11:51 am, by davin
Key FX option expiries: EUR/USD 1.0800-1.0850, USD/JPY 149.00, USD/CAD 1.4300, and AUD/USD 0.6300 impact.
Against a stronger USD, the Japanese Yen weakens further following slower annual CPI data from Japan
Written on March 21, 2025 at 11:23 am, by davin
The Japanese Yen weakens as CPI slows; wage growth may support inflation. Fed and BoJ policies diverge.
Consumer inflation in Japan remained above 2%, suggesting potential interest rate hikes from the BoJ
Written on March 21, 2025 at 11:21 am, by davin
Japan’s inflation eased but remained above target, fueling speculation about rate hikes despite global trade uncertainties.
Despite a robust US Dollar, the Indian Rupee depreciates, with attention on RBI’s foreign reserves
Written on March 21, 2025 at 10:53 am, by davin
INR stable at 86.30, crude oil prices rise, RBI eases policy, foreign inflows increase, USD gains traction.