Monthly Archives: March 2025

The British pound weakened against the US dollar following an unexpected decline in UK GDP

Written on March 14, 2025 at 9:44 pm, by

The British pound dipped to 1.2928 after weak UK GDP data, struggling below the key 1.3000 level.

The University of Michigan’s consumer sentiment index is set for release, having decreased recently

Written on March 14, 2025 at 9:17 pm, by

Consumer sentiment fell to 63.1, while one-year inflation remained 4.3%. Markets rose before the report’s release.

In January, Brazil’s retail sales slightly exceeded predictions, recording a decrease of 0.1%

Written on March 14, 2025 at 9:14 pm, by

Brazil’s retail sales fell 0.1%, gold settled at $2,980, and EUR/USD holds near 1.0900 despite pullbacks.

US stocks rise as government funding bill passes, alleviating shutdown concerns amid previous declines

Written on March 14, 2025 at 8:47 pm, by

US stock indices recover but remain down for the week; S&P in correction, NASDAQ drops over 14%.

Bullish momentum is observed in USDCHF as key resistance levels have been surpassed recently

Written on March 14, 2025 at 8:17 pm, by

USDCHF shows bullish momentum, breaking the 200-hour MA and targeting the 38.2% Fibonacci retracement at 0.88637.

India’s foreign exchange reserves increased to $653.97 billion, rising from $638.7 billion previously

Written on March 14, 2025 at 8:14 pm, by

India’s foreign exchange reserves rose to $653.97 billion, impacting economic stability and foreign exchange policies.

Canada aims for closer ties with Europe and the UK as USDCAD declines and falls below averages

Written on March 14, 2025 at 7:47 pm, by

Canada seeks stronger ties with Europe and UK, coordinating tariffs with Mexico, and maintaining G7 unity on Ukraine.

After reaching $3,004, gold’s price decreased but remains over 2.5% higher this week

Written on March 14, 2025 at 7:44 pm, by

Gold peaked at $3,004 before falling below $3,000, maintaining gains amid tariff concerns and interest rate impacts.

Manufacturing sales in Canada rose 1.7%, lower than the anticipated 2.0%, with varied industry performances

Written on March 14, 2025 at 6:48 pm, by

Canada’s manufacturing sales rose 1.7% in January, with motor vehicle sales surging 11.1% and inventories increasing.

According to BBH FX analysts, a modest equity market recovery is causing downward pressure on JPY

Written on March 14, 2025 at 6:44 pm, by

The Japanese Yen declines as equities recover; BOJ policy remains steady despite wage gains and limited rate hikes.

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