Monthly Archives: May 2025
In the first quarter, Mexico’s GDP growth aligns with expectations at 0.8% year-on-year
Written on May 22, 2025 at 4:14 pm, by davin
Mexico’s GDP grows 0.8%; Bitcoin hits $110K; gold dips; EUR/USD weakens on strong US data.
In the first quarter, Mexico’s GDP (QoQ) aligns with forecasts at 0.2% growth
Written on May 22, 2025 at 3:44 pm, by davin
Mexico’s GDP grew 0.2% in Q1, matching expectations and reflecting steady economic activity and growth.
With a slight increase, the Japanese Yen stands out against the US Dollar, according to Osborne
Written on May 22, 2025 at 3:14 pm, by davin
Yen gains on strong orders; Euro, Pound dip as Dollar firms; Bitcoin hits record; caution persists.
Despite a dismal manufacturing PMI, the Pound performs relatively well against the US Dollar, says Osborne
Written on May 22, 2025 at 2:44 pm, by davin
Pound weakens slightly, remains mid-performer; PMI mixed, GBP/USD bullish with cautious outlook on forex trading.
Scotiabank reports CAD stability with bullish technical lean despite slight decline due to USD rise
Written on May 22, 2025 at 2:14 pm, by davin
Canadian Dollar dips slightly; USD/CAD risk reversal hits 2009 highs; Bitcoin surpasses $110K amid mixed sentiment.
The RBA’s dovish stance is reinforced by weak May PMI data, causing AUD/USD to weaken
Written on May 22, 2025 at 1:44 pm, by davin
Australian dollar weakens as PMI data drops, raising market expectations for Reserve Bank rate cuts ahead.
Amidst rising Japanese bond yields, USD/JPY declined as the Bank of Japan showed caution
Written on May 22, 2025 at 1:15 pm, by davin
USD/JPY wavers as BOJ cuts bond purchases; private sector contracts, rate hike expected within two years.
During European trading, the Euro weakened, causing EUR/USD to drop near 1.1300 after weak PMIs
Written on May 22, 2025 at 12:44 pm, by davin
EUR/USD drops near 1.1300 as weak Eurozone PMI, geopolitical tensions, and ECB outlook weigh on Euro.
Boris Vujčić stated that growth in the Eurozone is positive, albeit at a low level
Written on May 22, 2025 at 12:14 pm, by davin
Eurozone growth remains low but positive; inflation nearing 2% target by 2026, Euro little changed.
According to ING’s Francesco Pesole, a rise in EUR/USD seems unavoidable as euros strengthen
Written on May 22, 2025 at 11:44 am, by davin
European currencies rise as investors shift from US assets; EUR/USD outlook hinges on tariffs, trade tensions.