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Monthly Archives: March 2025

Amid central bank uncertainties and trader concerns, the Pound weakened against the US Dollar

Written on March 22, 2025 at 5:53 am, by

GBP/USD fell from 1.2969 amid risk-off sentiment and dollar strength. Markets await key UK and US data.

USD/CAD fluctuated near stability, influenced by retail sales data and broader USD movements amidst tariffs

Written on March 22, 2025 at 5:51 am, by

USD/CAD hit 1.4373 before retracting; retail sales dropped 0.6%. Tariff concerns and interest rates shape outlook.

The DXY trades near 104.00, reflecting the US Dollar’s upward trend amid market fluctuations

Written on March 22, 2025 at 5:23 am, by

The US Dollar strengthens, DXY recovers, equities decline, and tariffs create uncertainty ahead of key deadlines.

The oil rig count decreased to 486, while natural gas rigs rose to 102, totalling 593. Crude oil price increased by $0.32 to $68.39, showing a weekly rise of approximately 1.8%

Written on March 22, 2025 at 5:21 am, by

Rig count increased to 593; oil rigs decreased, gas rigs rose. Crude oil at $68.39, up 1.8%.

Consumer confidence in the Eurozone fell short of expectations in March, recording -14.5 instead of -13

Written on March 22, 2025 at 4:53 am, by

Consumer confidence in the Eurozone declined, while a strong US Dollar pressured EUR/USD and GBP/USD lower.

Most European indices finished lower, with Spain’s Ibex being the exception to this trend

Written on March 22, 2025 at 4:51 am, by

European indices mostly declined, except Spain’s Ibex, which rose 0.33%. Weekly results varied, with Spain leading gains.

Governor Christopher Waller expressed a preference for maintaining the existing balance sheet reduction pace

Written on March 22, 2025 at 4:23 am, by

Waller supports balance sheet reduction, sees excess reserves, favors gradual pace, and highlights Fed tools for stability.

US indices have mostly recovered, with NASDAQ rising, while Tesla shares show volatility

Written on March 22, 2025 at 4:21 am, by

Major US stock indices recover losses; NASDAQ gains, S&P and Dow decline slightly. Tesla rises but remains down significantly.

In the North American session, EUR/USD declines, nearing a 10-day low due to economic concerns

Written on March 22, 2025 at 3:53 am, by

EUR/USD trades lower near 1.0815 amid US Dollar strength, Fed policy, and concerns over trade tariffs.

EURUSD sellers have driven prices down, reaching a new weekly low and seeking further momentum

Written on March 22, 2025 at 3:51 am, by

EURUSD declines to weekly lows, targeting 1.07609–1.0776; further drop may reach the 200-day moving average at 1.0728.

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