Monthly Archives: March 2025

In North American trading, EUR/USD adjusts to around 1.0890 following moderate US inflation data release

Written on March 13, 2025 at 12:12 am, by

EUR/USD corrected to 1.0890 after US CPI data, while the Euro gained from German spending and Ukraine ceasefire.

GBPUSD maintains bullish momentum above crucial levels, with key support at 1.2922 and 1.2912

Written on March 12, 2025 at 11:47 pm, by

GBPUSD remains bullish above 1.2922 support, with buyers dominating post-CPI. Key targets: 1.3000, 1.3044-1.3058.

According to Scotiabank’s Chief FX Strategist, Shaun Osborne, GBP remains stable around the low 1.29 range

Written on March 12, 2025 at 11:41 pm, by

Pound Sterling declines slightly as GBP/USD consolidates near resistance; UK delays retaliation to US steel tariffs.

Trump emphasises upcoming reciprocal tariffs, expressing satisfaction over declining oil prices and potential ceasefire negotiations.

Written on March 12, 2025 at 11:17 pm, by

Trump expects reciprocal tariffs by April 2, welcomes lower oil prices, and sees hope for a ceasefire.

According to Scotiabank’s Shaun Osborne, the Euro maintains a bullish trend, closing at approximately 1.0950 against the US Dollar

Written on March 12, 2025 at 11:11 pm, by

Euro peaked at 1.0950 USD amid Ukraine talks; tariffs add complexity; support seen around mid-1.08s.

The Canadian Dollar experiences a moderate increase alongside the Mexican Peso due to new tariffs

Written on March 12, 2025 at 10:41 pm, by

CAD and MXN rise as tariffs impact markets; Bank of Canada may cut rates, affecting USD/CAD range.

Google’s new LLM, Gemma 3, may reduce reliance on computer chips, affecting GPU demand and Nvidia’s revenue

Written on March 12, 2025 at 10:17 pm, by

Google’s Gemma 3 competes with ChatGPT, operates efficiently, outperforms rivals, and underscores AI’s shift towards efficiency.

According to Scotiabank’s Shaun Osborne, the US Dollar shows slight gains while underlying weakness persists

Written on March 12, 2025 at 10:11 pm, by

USD consolidates losses amid stock gains, tariffs, and market volatility; bond markets steady, oil prices rise.

The S&P index declines while NASDAQ rises; major indices show mixed trading performance and resistance levels

Written on March 12, 2025 at 9:47 pm, by

CPI gains fade; S&P, Dow decline while NASDAQ rises. Key retracement level crucial for momentum; Tesla, Nvidia gain.

A fresh four-month high of 1.2980 for the Pound Sterling occurs against the US Dollar

Written on March 12, 2025 at 9:41 pm, by

Pound Sterling hits four-month high after soft US CPI; Fed policy shift expected; UK GDP data awaited.

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