March 10, 2025 7:07 am
Key moments Escalating trade disputes contribute to market uncertainty, particularly with the U.S. and Canada. Chinese economic data, revealing a decline in consumer price index and previously released disappointing trade figures, raises concerns about economic stability. Despite a weakening U.S. dollar, the yuan experiences downward pressure, highlighting specific vulnerabilities within the Chinese economy. Trade Tensions […]
Read moreMarch 7, 2025 2:58 pm
Key moments The euro has surged against the dollar this week, climbing over 4.5% in its most significant rise since 2009. The EUR/USD pair traded at 1.0866, marking a 0.76% increase as of 16:22 GMT+2. Financial institutions are revising their forecasts, moving away from predictions of euro-dollar parity. Euro Gains Momentum Amidst Economic Shifts, Climbs […]
Read moreMarch 7, 2025 2:00 pm
Key moments The Mexican peso strengthened, appreciating 0.45% in 24 hours. The USD/MXN pair fluctuates between 20.2800 and 20.3000 at press time. Tariff postponement fueled the peso’s rise. President Trump’s decision to delay USMCA tariffs allowed investors to reassess positions, contributing to the peso’s upward trajectory. Driven by Improved U.S.-Mexico Relations and a Crucial Tariff […]
Read moreMarch 7, 2025 12:44 pm
Key moments Litecoin’s price plummeted below $98 on Friday, driven by its exclusion from the U.S. Crypto Strategic Reserve, sparking bearish sentiment. Litecoin’s value has rebounded from its previous lows, now fluctuating between $104 and $105. Addresses holding large LTC quantities accumulated 440,000 coins, indicating a strategic buying opportunity during the price dip. Litecoin Surges […]
Read moreMarch 7, 2025 12:01 pm
Key moments USD/CAD off Thursday’s 1 1/2-week low amid ongoing US tariff uncertainty CAD has limited scope to appreciate – analyst US, Canadian employment data sets in focus The USD/CAD currency pair rebounded from recent 1 1/2-week low of 1.4237 on Friday ahead of the release of US and Canadian employment data sets. Meanwhile, confusion […]
Read moreMarch 7, 2025 11:57 am
Key moments Pound Sterling Gains: GBP advances against the USD, approaching 1.2940 ahead of key US economic data. BoE Dissent: Catherine Mann argues against gradual policy easing amid heightened market volatility. USMCA Tariff Exemptions: President Trump postpones tariffs on certain goods from Canada and Mexico. GBP Tests 1.2940 as Markets Weigh BoE Dissent, USMCA Changes, […]
Read moreMarch 7, 2025 10:00 am
Key moments CAD experienced increased volatility on Thursday as market participants reacted to the shifting landscape of U.S. tariff policies. In intraday trading, CAD briefly surged by 0.7% against the USD before settling to a gain of approximately 0.2%. The USD/CAD pair approached its 50-day Exponential Moving Average (EMA) at the critical 1.4300 price level. […]
Read moreMarch 7, 2025 9:46 am
Key moments The EUR/USD pair is sustaining gains near its four-month peak of 1.0853, which was reached on March 7th. The U.S. Dollar is experiencing weakness as Treasury yields decline, driven by growing expectations of dovish policy adjustments from the Federal Reserve. The European Central Bank implemented a 25 basis point rate cut, but President […]
Read moreMarch 7, 2025 9:15 am
Key moments USD/NOK hovers above lows not seen since early November 2024 US employment data in focus amid ongoing US tariff uncertainty Norway manufacturing production shrinks in January The USD/NOK currency pair hovered just above a fresh four-month trough on Friday, as market players remained wary ahead of the release of the US Non-Farm Payrolls […]
Read moreMarch 7, 2025 7:52 am
Key moments Bitcoin failed to stay above the $90,000 threshold on Friday. The 5.7% drop, testing $85,000, followed the $92,000+ surge Bitcoin experienced on Thursday. The U.S. government’s strategic Bitcoin reserve, intended to stabilize the market, instead fueled uncertainty. Major funds like BlackRock and Grayscale reported substantial withdrawals, and the significant outflows from Bitcoin spot […]
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