Live Updates

    28 February 2025
    Wholesale inventories in the United States exceeded expectations in January, reporting 0.7% instead of 0.1%.

    US wholesale inventories rose 0.7%, EUR/USD stabilised, gold dropped, and key economic events await.

    28 February 2025
    Market awaits US PCE and Canadian GDP, amid Fed rate cut speculation linked to inflation concerns.

    The PCE report will reveal inflation trends, influencing Federal Reserve rate decisions, while Canada’s GDP growth is analyzed.

    28 February 2025
    In the fourth quarter, Canada’s annualised GDP reached 2.6%, surpassing expectations of 1.9%.

    Canada’s GDP grew 2.6%, USD mixed, gold dipped, and GBP/USD remained resilient ahead of key events.

    28 February 2025
    As the US session starts, traders monitor key levels for EURUSD, USDJPY, and GBPUSD movements.

    Traders await US PCE data; USDJPY rises, EURUSD declines, GBPUSD gains. Dow, S&P up; Nasdaq unchanged.

    28 February 2025
    In the fourth quarter, Canada’s GDP increased to 0.6%, up from the previous 0.3%.

    Canada’s GDP grew to 0.6%, euro stabilised, gold fell, and GBP/USD held above 1.2600 post-PCE data.

    28 February 2025
    Imminent US inflation data will provide crucial ranges for market participants to observe closely.

    Core PCE data releases at 8:30 AM ET, with expected increases impacting economic assessments and market reactions.

    28 February 2025
    The EUR/JPY pair approaches 157.00 as the Yen weakens against various currencies.

    EUR/JPY nears 157.00 as Yen weakens after Tokyo CPI data; outlook remains bearish despite Euro’s resilience.

    28 February 2025
    Germany’s February CPI matches expectations at +2.3%, while core inflation decreases to 2.6%.

    Germany’s February CPI rose 2.3% year-on-year, while HICP increased 2.8%, with core inflation declining to 2.6%.

    28 February 2025
    According to Scotiabank’s Chief FX Strategist, the GBP performs strongly but remains 0.3% lower against the USD.

    Pound Sterling leads G10 but remains down. GBP/USD stabilises near support. Trade risks pressure EUR/GBP at 0.82.

    28 February 2025
    The dollar remained stable while markets prepared for upcoming announcements and month-end fluctuations.

    Dollar steady; USD/JPY above 150.00; EUR/USD, GBP/USD stable; gold down; Bitcoin drops; US PCE data awaited.

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