Monthly Archives: March 2025

Danske Bank analysts reported the EUR/CHF remains stable following a 25bp rate cut by the SNB

Written on March 21, 2025 at 1:53 pm, by

EUR/CHF stable as SNB cuts rates; another reduction expected in June amid inflation and growth concerns.

The Eurozone’s current account recorded a balance of €13.2 billion, down from €50.5 billion

Written on March 21, 2025 at 1:51 pm, by

Eurozone’s January current account surplus was €13.2 billion, down from December’s €50.5 billion, with adjusted €35.4 billion.

Danske Bank’s analyst predicts EUR/USD will range between 1.08 and 1.09 shortly after decline

Written on March 21, 2025 at 1:23 pm, by

EUR/USD fell below 1.09 as USD strengthened, with bearish sentiment suggesting consolidation within the 1.08-1.09 range.

Average wage increase of 5.40% reported by Japan’s largest union group, Rengo, in revisions

Written on March 21, 2025 at 1:21 pm, by

Japan’s Rengo reports a 5.40% wage increase, revised down slightly. Second consecutive year exceeding 5%.

Société Générale’s analysts suggest that EUR/USD may retreat if 1.0950 isn’t surpassed

Written on March 21, 2025 at 12:53 pm, by

EUR/USD climbed above its 200-DMA but faces resistance at 1.0950, with momentum slowing and potential pullback.

The Fed’s steady approach suggests that technical pullbacks in gold remain viable dip-buying opportunities

Written on March 21, 2025 at 12:51 pm, by

Gold consolidates at 3050 as traders await catalysts. Support at 3020; key levels include 2955 and 2832.

In January, the Eurozone’s current account diminished from €50.5 billion to €13.2 billion

Written on March 21, 2025 at 12:23 pm, by

Eurozone’s current account dropped from €50.5B to €13.2B in January, indicating a significant economic shift.

The dollar shows modest gains as risk sentiment deteriorates, impacting various currency pairs negatively

Written on March 21, 2025 at 12:21 pm, by

Dollar gains slightly as risk sentiment shifts; EUR/USD drops, USD/JPY rises, and European session lacks catalysts.

In March, Turkey’s Consumer Confidence increased from 82.1 to 85.9

Written on March 21, 2025 at 11:53 am, by

Turkey’s consumer confidence rose, USD strengthened, gold dipped, and cryptocurrencies stabilized, with Bitcoin around $84,500.

FX option expiries for various pairs may influence market dynamics, with dollar sentiment remaining crucial

Written on March 21, 2025 at 11:51 am, by

Key FX option expiries: EUR/USD 1.0800-1.0850, USD/JPY 149.00, USD/CAD 1.4300, and AUD/USD 0.6300 impact.

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