Monthly Archives: March 2025
Japan’s Prime Minister Ishiba states he will not pursue currency devaluation and lacks communication with Trump.
Written on March 4, 2025 at 1:05 pm, by anakin
Japan’s Prime Minister Shigeru Ishiba denies currency devaluation, no official communication from Trump on forex policy.
The S&P Global Manufacturing PMI for Greece decreased to 52.6, falling from 52.8 previously.
Written on March 4, 2025 at 12:41 pm, by anakin
Greece’s PMI fell, EUR/USD rose, gold surged, Bitcoin dropped, and US tariffs hit Canada, Mexico, and China.
Japan’s Prime Minister Ishiba confirms no intention to devalue currency and hasn’t spoken to Trump.
Written on March 4, 2025 at 12:35 pm, by anakin
Japan’s PM Ishiba denies currency devaluation, emphasizing monetary policy aims at combating deflation, not weakening yen.
The Swedish krona excels against G10 currencies, reflecting positive European sentiment towards a Ukraine-Russia peace.
Written on March 4, 2025 at 12:11 pm, by anakin
Swedish krona strengthens on optimism over a Ukraine-Russia peace deal and EU spending, though risks remain.
NASDAQ futures present crucial resistance and support levels for traders to strategise effectively.
Written on March 4, 2025 at 12:06 pm, by anakin
NASDAQ futures test resistance at $20,527; key levels include $20,546-$20,547, $20,629-$20,666, and support at $20,460-$20,440.
The Australian Dollar is projected to fluctuate between 0.6190 and 0.6250 against the US Dollar.
Written on March 4, 2025 at 11:41 am, by anakin
AUD is expected to trade between 0.6190 and 0.6250, with resistance at 0.6285 and support at 0.6155.
CBA predicts three RBA rate reductions in 2025, specifically in May, August, and November.
Written on March 4, 2025 at 11:35 am, by anakin
Commonwealth Bank analysts expect RBA to cut rates three times in 2025, starting in May.
Amid global tariff concerns, the US Dollar Index falls below 106.50 for the second session.
Written on March 4, 2025 at 11:11 am, by anakin
US Dollar weakens amid tariff tensions, Ukraine optimism, and mixed US data; key labour reports ahead.
Tomorrow, the Deputy Governor of the Reserve Bank of Australia will deliver a keynote speech in Sydney.
Written on March 4, 2025 at 11:05 am, by anakin
RBA Deputy Governor Hauser speaks on rate cuts amid economic risks at Australian Financial Review Business Summit.
The gold price approaches $2,920 as renewed USD selling prompts a retreat from earlier gains.
Written on March 4, 2025 at 10:41 am, by anakin
Gold prices rise to $2,918-2,919 amid economic concerns, weak USD, and geopolitical tensions, facing resistance at $2,900.