Monthly Archives: March 2025
USDCAD displays volatile movement, with traders eyeing key resistance and support levels for direction
Written on March 5, 2025 at 5:05 pm, by anakin
USDCAD remains volatile within a consolidation zone, facing resistance at 1.4471 and support near 1.4354.
US automaker shares rise as hints emerge of potential tariff exemptions under USMCA compliance rules
Written on March 5, 2025 at 4:35 pm, by anakin
GM shares rise 5%, Ford up 1.7%, potential exemptions for automakers, Trump announcement expected later today.
US employment rose by 77K, underperforming expectations, indicating cautious hiring amid economic uncertainty
Written on March 5, 2025 at 4:05 pm, by anakin
US employment growth slowed to 77,000 in February 2025, with job losses in southern and western regions.
The FX trading day begins with EURUSD, USDJPY, and GBPUSD all gaining against the dollar
Written on March 5, 2025 at 3:35 pm, by anakin
The USD is weaker as EUR gains, GBP and JPY rise. Stocks rebound, yields climb, and Bitcoin advances.
The Italian economy experienced marginal growth of 0.1% in the fourth quarter, reflecting a revision
Written on March 5, 2025 at 2:35 pm, by anakin
Italy’s Q4 GDP revised to 0.1% growth from 0.0%, reflecting slight economic improvement, Istat reported.
The euro rises towards four-month highs, with 1.0700 resistance anticipated as the dollar weakens
Written on March 5, 2025 at 2:05 pm, by anakin
EUR/USD nears 1.0700, supported by weaker dollar and German policy shifts; US data may influence movements.
In early European trading, Eurostoxx futures rose 1.9%, with DAX up 2.3% and FTSE 0.9%
Written on March 5, 2025 at 1:35 pm, by anakin
Eurostoxx futures rise 1.9%, signaling potential recovery as sentiment improves following volatility in European and US markets.
Uchida commented on US tariffs affecting Japan’s economy, while BOJ considers future projections for decisions
Written on March 5, 2025 at 1:05 pm, by anakin
Uncertainty remains over US tariffs; impact on Japan assessed May 1. No ETF sales planned; rate hike timing unclear.
Uchida from BOJ stated future rate hikes aren’t predetermined; wage trends and price movements are crucial
Written on March 5, 2025 at 12:35 pm, by anakin
Shinichi Uchida stressed no set plan for rate hikes, emphasizing wages and inflation trends in policy decisions.
After earnings, OKTA’s stock surged over 25%, surpassing expectations and indicating strong momentum ahead
Written on March 5, 2025 at 12:05 pm, by anakin
Okta surged 25%, surpassing $100 resistance. Key levels: $111.35-$115.35. RSI overbought; potential pullback to $100.75.