Live Updates

    11 March 2025
    Tech stocks face continued decline after a tough day on Wall Street, marking four weekly losses

    Nasdaq drops 4%, marking a possible fourth straight week of losses amid economic concerns and market volatility.

    11 March 2025
    With the EU’s increased defence spending, EUR/GBP rises towards 0.8450, maintaining its upward trend

    EUR/GBP trades at 0.8440 amid EU defence spending plans, German negotiations, Italian investments, and ECB policy implications.

    11 March 2025
    The yen fluctuated, with the US recession narrative impacting equities and various commodities retracing.

    The yen strengthened initially, but USD/JPY rebounded. US equities fell on recession concerns, while EUR/USD trended higher.

    11 March 2025
    During the Asian session, gold price rises past $2,900, recovering from a recent one-week low

    Gold rebounds from a one-week low as geopolitical tensions, rate cut expectations, and weak US dollar support prices.

    11 March 2025
    A Republican Senator likened Trump’s firm stance on tariffs to a tick, causing market uncertainty

    Senator Kennedy discussed market valuation, tariffs, and uncertainty, highlighting potential impacts on inflation and investor confidence.

    11 March 2025
    Amid tariff concerns, the USD/CHF pair attracts sellers close to 0.8800 during early Europe

    USD/CHF declines to 0.8800 amid trade war concerns, US Dollar pressure, and upcoming US inflation data.

    11 March 2025
    The Japanese finance minister warns that currency fluctuations influence everyday life and economic stability

    Japan’s Finance Minister Kato monitors forex fluctuations, noting their impact on import costs and pledging appropriate actions.

    11 March 2025
    Amid recession worries in the US, USD/CAD trades near 1.4440, continuing its downward trend

    USD/CAD declines as US Dollar weakens; Bank of Canada expected to cut rates amid economic uncertainty and tariffs.

    11 March 2025
    The PBOC sets the USD/CNY central rate at 7.1741, lower than the prior closing rate.

    PBOC sets yuan midpoint; manages +/-2% band. Injects 37.7B yuan; 38.2B matures, net drain 0.5B yuan.

    11 March 2025
    Japan’s Finance Minister Kato emphasises the influence of rising rates while committing to steady bond issuance

    Japan’s Finance Minister warns of rising interest rates, while USD/JPY declines and US equity markets face losses.

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