Monthly Archives: March 2025
In the North American session, traders observed the USD/JPY’s stability following recent policy announcements.
Written on March 21, 2025 at 4:53 am, by davin
USD/JPY nears 150.00, showing downside potential. Key support: 148.34, 148.00. Resistance: 149.47, 150.00, 150.60.
The SNB reduced rates while the BOE maintained its rate, amidst cautious market sentiment and volatility
Written on March 21, 2025 at 4:51 am, by davin
Swiss rate cut lifts USDCHF; BOE holds. US jobless claims 223K. Stocks, yields fall amid market volatility.
Amid tariff anxiety, the Canadian Dollar fluctuated as traders reacted to Bank of Canada strategies
Written on March 21, 2025 at 4:23 am, by davin
Canadian Dollar fluctuates as Bank of Canada adjusts rates; inflation rises, impacting USD/CAD dynamics and market sentiment.
The unemployment rate in Argentina decreased to 6.4% from 6.9% in the fourth quarter
Written on March 21, 2025 at 3:53 am, by davin
Argentina’s unemployment dropped to 6.4%, suggesting labor market improvement, while global markets experience fluctuations from economic factors.
Following a Swiss rate cut, USDCHF bounced from key moving averages, maintaining bullish support levels
Written on March 21, 2025 at 3:51 am, by davin
USDCHF bounced off key moving averages at 0.88119 after the Swiss rate cut, peaking at 0.8845.
At the Calgary meeting, Tiff Macklem discussed inflation and tariffs, addressing expectations about CPI data
Written on March 21, 2025 at 3:23 am, by davin
Bank of Canada Governor Macklem discussed inflation, tariffs, and policy expectations, emphasizing economic risks and the bank’s response.
Gundlach expressed doubts about a Fed cut soon, suggesting June or July may be possible.
Written on March 21, 2025 at 3:21 am, by davin
Fed unlikely to cut rates next meeting; recession odds 50-60%; inflation above 2%; investment opportunities may emerge.
Tiff Macklem highlighted that US tariff policies pose risks affecting the Bank of Canada’s monetary policy
Written on March 21, 2025 at 2:53 am, by davin
BoC Governor Macklem stresses flexibility, reactionary policies, and inflation management amid US tariff uncertainties affecting Canada.
The Bank of England maintained interest rates, causing the British Pound to weaken against the US Dollar
Written on March 21, 2025 at 2:23 am, by davin
GBP weakened as BoE held rates, but later strengthened. GBP/USD remained bullish, trading above 1.3000.
Macklem anticipates March CPI at 2.5%, while emphasising careful policy adjustments and uncertainty regarding outcomes
Written on March 21, 2025 at 2:21 am, by davin
February CPI met expectations; March CPI near 2.5%. Shelter inflation declines. USDCAD below 100-hour moving average.