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Tiff Macklem highlighted that US tariff policies pose risks affecting the Bank of Canada’s monetary policy

BoC Governor Macklem stresses flexibility, reactionary policies, and inflation management amid US tariff uncertainties affecting Canada.
Written on March 21, 2025 at 2:53 am
Categories: Live Updates
The Bank of England maintained interest rates, causing the British Pound to weaken against the US Dollar

GBP weakened as BoE held rates, but later strengthened. GBP/USD remained bullish, trading above 1.3000.
Written on March 21, 2025 at 2:23 am
Categories: Live Updates
Macklem anticipates March CPI at 2.5%, while emphasising careful policy adjustments and uncertainty regarding outcomes

February CPI met expectations; March CPI near 2.5%. Shelter inflation declines. USDCAD below 100-hour moving average.
Written on March 21, 2025 at 2:21 am
Categories: Live Updates
Following Chair Powell’s optimistic signals, Home Depot shares propel the Dow Jones Industrial Average upwards

Home Depot stock rises as Powell’s inflation remarks boost Dow; tariff concerns persist, impacting lumber and flooring sales.
Written on March 21, 2025 at 1:53 am
Categories: Live Updates
As bearish pressure rose, EUR/USD declined towards the 1.0830 area following the European session
EUR/USD trades near 1.0830, declining as sellers target 1.0800. Technical indicators suggest growing downside momentum.
Written on March 21, 2025 at 1:23 am
Categories: Live Updates
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