Monthly Archives: March 2025

After reaching a peak of $3,005, gold’s value hovers around $2,990 amid upcoming votes

Written on March 18, 2025 at 12:45 am, by

Gold trades near $2,990, with $3,000 as key support, as markets react to economic data and Fed policy.

The USD/CAD declines past 1.43, while growing domestic concerns mount for the Canadian economy

Written on March 18, 2025 at 12:17 am, by

USD/CAD falls below 1.43 amid Canadian concerns; home sales drop 9.8%, tariffs and economic uncertainty persist.

The Pound maintains strength as investors await the Bank of England’s decision on interest rates

Written on March 18, 2025 at 12:14 am, by

GBP is strong, focusing on the BoE decision. Resistance at 1.3035, support at 1.2925/30, consolidating below 1.30.

Fears of US economic instability lead to a rise in EUR/USD near 1.0900 during trading

Written on March 17, 2025 at 11:45 pm, by

EUR/USD nears 1.0900 as traders await the Fed decision; Euro supported by optimism over growth and peace.

The Atlanta Fed’s Q1 GDP estimate has been revised down to -2.1%, reflecting recent retail sales data

Written on March 17, 2025 at 11:17 pm, by

Atlanta Fed cuts Q1 GDPNow estimate to -2.1% as consumption weakens; trade deficit pressures growth outlook further.

In early European trading, the Euro gained momentum, aiming to retest the 1.0950/60 level

Written on March 17, 2025 at 11:14 pm, by

The Euro rose near 1.09, supported by Germany’s fiscal plans and strong Chinese economic data, eyeing resistance.

In February, the US Census Bureau reported a 0.2% increase in retail sales, reaching $722.7 billion

Written on March 17, 2025 at 10:46 pm, by

Retail sales rose 0.2% in February to $722.7 billion, missing forecasts; annual growth reached 3.1%.

The Australian dollar rises to a three-week peak, defying traditional market expectations amidst conditions

Written on March 17, 2025 at 10:17 pm, by

The Australian dollar remains resilient, gaining 40 pips amid market volatility and positive sentiment from China’s stimulus.

The NY Empire State Manufacturing Index in the US unexpectedly dropped to -20, missing forecasts

Written on March 17, 2025 at 10:14 pm, by

Empire State Manufacturing Index falls to -20, signaling contraction and potential challenges for New York’s manufacturing sector.

The EURUSD advances, supported by last week’s lows, with buyers aiming for higher levels soon

Written on March 17, 2025 at 9:47 pm, by

EURUSD shows bullish momentum, holding above key support. Next targets: 1.0936–1.09543. Support at 1.08725 critical.

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