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Monthly Archives: March 2025

Amidst US Dollar strength, the USD/CHF pair remains stable near 0.8820 during trading hours

Written on March 22, 2025 at 3:23 am, by

USD/CHF holds at 0.8820 despite a strong US Dollar; Fed officials remain cautious on interest rate cuts.

Trump’s remarks on tariffs boost risk trades; commodity currencies strengthen while US dollar displays firmness

Written on March 22, 2025 at 3:21 am, by

Trump signals flexibility on tariffs, hints at talks with China. Markets fluctuate as the US dollar strengthens.

In North America, the Pound Sterling weakens to approximately 1.2920 against the US Dollar

Written on March 22, 2025 at 2:53 am, by

The Pound Sterling weakens to 1.2920 against the US Dollar as Federal Reserve rate expectations support USD strength.

During North American trading, the USD/JPY pair fell to around 148.60 after earlier gains vanished

Written on March 22, 2025 at 2:23 am, by

USD/JPY declined as US Dollar strength persisted. Japan’s cooling CPI and Fed policy stance influenced market sentiment.

Trump discussed tariffs with China, plans for car manufacturing, and mentioned a ceasefire in Ukraine

Written on March 22, 2025 at 2:21 am, by

Trump suggests flexibility on China tariffs; mentions ‘liberation day,’ US manufacturing, rising dollar, and Ukraine ceasefire.

Scotiabank’s strategist highlights February’s public sector borrowing at GBP10.7bn, exceeding initial forecasts for GBP

Written on March 22, 2025 at 1:53 am, by

GBP declines after borrowing data; deficit pressures Chancellor Reeves; support at 1.2900/10, resistance at 1.2980.

A dip in the euro was observed following France’s announcement regarding US-EU trade tensions

Written on March 22, 2025 at 1:51 am, by

France may trigger the EU’s strongest trade mechanism, weakening the euro amid escalating trade tensions and negotiations.

Shaun Osborne, Chief FX Strategist at Scotiabank, observes EUR hovering around the low 1.08s

Written on March 22, 2025 at 1:23 am, by

The Euro consolidates near 1.08 amid EU aid uncertainty, German spending increase, and technical support levels.

The GBPUSD is constrained within a 48-pip range, with key support at the 61.8% retracement.

Written on March 22, 2025 at 1:21 am, by

GBPUSD trades below key moving averages, testing support at 1.2922, with resistance at the 200-hour MA.

After the USD’s unsuccessful attempt at 1.44, the CAD remains relatively stable, observes Osborne

Written on March 22, 2025 at 12:53 am, by

The Canadian Dollar remains stable as BoC monitors trade inflation. USD faces resistance at 1.4340/50, support 1.4300/10.

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