Monthly Archives: March 2025

Mark Carney’s leadership may prompt a Bank of Canada rate reduction due to economic concerns

Written on March 10, 2025 at 5:57 pm, by

Mark Carney leads Liberals, proposing tax changes. Conservatives’ lead narrows. Election looms as economic concerns persist.

The US and Canadian Dollars are both weak, causing USD/CAD to fluctuate beneath 1.4400

Written on March 10, 2025 at 5:42 pm, by

USD/CAD consolidates near 1.4370 as both currencies weaken; Fed and BoC rate decisions influence market sentiment.

Hassett hints at early April resolution for trade policies, while cautioning against recession discussions.

Written on March 10, 2025 at 5:27 pm, by

Kevin Hassett expects trade uncertainty resolution by April, predicts growth, highlights manufacturing jobs, and acknowledges market decline.

Recent USD weakness resulted from disappointing data, impacting AUDUSD near key resistance and support levels

Written on March 10, 2025 at 4:57 pm, by

AUDUSD trades in a range as markets await US CPI. Support at 0.6250, resistance at 0.6350, outlook uncertain.

UOB Group suggests continued downward pressure for USD/CNH, with potential sideways trading expected between 7.2300 and 7.2530

Written on March 10, 2025 at 4:41 pm, by

USD/CNH faces downward pressure, trading sideways. A break below 7.2260 may target 7.2000; resistance at 7.2800.

The home improvement sector is spearheaded by Home Depot, providing tools, appliances, and services for customers

Written on March 10, 2025 at 4:11 pm, by

The Home Depot stock shows a bullish trend, with potential buying opportunities near the 367.15-330.33 price range.

Analysts from BBH observe a 0.45% rise in USD/CNH amidst China’s economic deflation struggles

Written on March 10, 2025 at 3:41 pm, by

USD/CNH rose 0.45% to 7.2700 as China faces deflation, with CPI and PPI declining amid economic challenges.

Recent US Dollar weakness impacts USDCAD, with tariffs and market anxiety affecting the Loonie’s performance

Written on March 10, 2025 at 3:27 pm, by

USDCAD fluctuates amid tariffs uncertainty, economic data, and rate expectations, with key reports influencing price action ahead.

In January, Italy’s Producer Price Index increased to 4.4%, rising from 1.1% previously

Written on March 10, 2025 at 3:12 pm, by

Italy’s PPI rose to 4.4%, Sentix confidence improved, GBP/USD stayed above 1.2900, and gold declined.

EUR/USD is rising, influenced by German debt brake reform negotiations and US CPI report expectations

Written on March 10, 2025 at 2:57 pm, by

Euro rises as dollar weakens; focus on US CPI and Germany’s debt brake talks ahead of 18 March vote.

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