Monthly Archives: March 2025

A poll reveals economists anticipate a 25 bps cut by the SNB alongside low negative rate risks

Written on March 17, 2025 at 4:17 pm, by

A Reuters poll shows most economists expect the Swiss National Bank to cut rates by 25 basis points soon.

According to BBH FX analysts, the AUD/USD strengthens due to US Dollar weakness and better Chinese activity

Written on March 17, 2025 at 4:14 pm, by

AUD/USD rose as the US Dollar weakened, China’s economy improved, and the RBA monitored labour market trends.

Interest rate expectations show probable cuts for several central banks, while the BoJ likely remains unchanged

Written on March 17, 2025 at 3:47 pm, by

Central banks anticipate rate cuts, with the Fed and ECB leading, while others, like BoE and RBA, hold steady.

UOB Group believes the support level of 7.2100 for USD/CNH will remain intact despite declines

Written on March 17, 2025 at 3:44 pm, by

The USD may decline, consolidating between 7.2100 and 7.2800, with support at 7.2200 and resistance at 7.2460.

In February, India’s trade deficit reduced to $14.05 billion, down from $22.99 billion previously

Written on March 17, 2025 at 3:15 pm, by

India’s trade deficit fell to $14.05 billion. EUR/USD rose, Bitcoin recovered, and central banks remain in focus.

Total sight deposits at the SNB reached CHF 448.5 billion, increasing from CHF 444.1 billion

Written on March 17, 2025 at 2:47 pm, by

The Swiss National Bank’s sight deposits increased to CHF 448.5 billion, with domestic deposits reaching CHF 440.7 billion.

Société Générale’s analysts observe USD/MXN may attempt to reach its recent pivot high of 20.40

Written on March 17, 2025 at 2:44 pm, by

USD/MXN falls below support; further decline possible. Key levels: 19.75/19.68, 19.57, 19.35. MACD negative.

The week begins cautiously for European indices, with German stocks drawing attention amid broader market uncertainty

Written on March 17, 2025 at 2:17 pm, by

European stocks showed mixed performance; Germany’s DAX gained, while France’s CAC 40 and Eurostoxx declined slightly.

During the European session, minimal data is available, but the US will report Retail Sales and housing indices

Written on March 17, 2025 at 1:47 pm, by

US Retail Sales expected to rise, but weakening consumer sentiment may impact spending amid trade uncertainties.

According to Danske Bank, the Bank of England meeting is a key event for GBP.

Written on March 17, 2025 at 1:44 pm, by

Bank of England meeting, interest rate unchanged, potential guidance, EUR/GBP bearish, German politics, global events, market reactions.

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