Monthly Archives: August 2025
Following robust PMI and home sales, the USD strengthened, reducing September rate cut probabilities substantially
Written on August 21, 2025 at 3:30 pm, by
USD strengthens as data beats forecasts; EURUSD and GBPUSD test key levels; USDJPY shows bullish momentum.
July saw US home sales rise to 4.01 million, exceeding expectations, with price growth continuing
Written on August 21, 2025 at 3:00 pm, by
US home sales rose to 4.01 million in July, with prices climbing and inventory increasing year-over-year.
US business activity displays strong growth in manufacturing and services, indicating rising inflation and employment pressures
Written on August 21, 2025 at 2:30 pm, by
US economic activity accelerated in August 2025, with strong PMI data, rising inflation, and employment gains.
US stocks are anticipated to decrease, with NASDAQ likely falling below its 200-hour average
Written on August 21, 2025 at 2:01 pm, by
NASDAQ drops below 200-hour average; futures signal further dip amid economic data, possibly favoring sellers ahead.
The USDCAD is climbing, aiming for new highs while maintaining momentum above key support levels
Written on August 21, 2025 at 1:59 pm, by
USDCAD breaks key resistance levels, maintains upward momentum with critical support at 1.3875 and 1.3838.
Canada’s PPI for August rose 0.7%, driven by metals and livestock price increases, while gasoline fell
Written on August 21, 2025 at 1:31 pm, by
Canada’s Producer Price Index rose 0.7% in August, driven by metals and beef, despite fuel declines.
Initial jobless claims in the US rose to 235K, exceeding the estimated 225K, indicating potential weakness
Written on August 21, 2025 at 1:30 pm, by
Jobless claims rose above expectations, signaling potential job market weakness ahead of September’s labor statistics report.
The Philadelphia Fed Business index fell short of expectations, while firms anticipate future growth.
Written on August 21, 2025 at 1:01 pm, by
Philadelphia Fed Index slips to -0.3; new orders, shipments fall, but price indices and jobs rise.
Currency markets fluctuate while awaiting the Fed chair’s address, with mixed PMI data influencing trading.
Written on August 21, 2025 at 1:00 pm, by
USDJPY rebounds; markets eye Fed speech, jobless claims, EU tariffs, mixed PMIs, and Zelensky’s security plea.
European markets remained cautious; PMIs were better than expected while currencies and equities stayed flat
Written on August 21, 2025 at 12:31 pm, by
US-EU tariff talks progress, Walmart disappoints; Fed cautious, PMIs mixed, markets steady as Powell awaited.
