The move into previous support that fulfils a 61.8% ratio is what the USD/CAD bulls eye. On the horizon is Tuesday’s budget due date for Canada. As the commodity complex picks up a bid, which is reducing stress in the banking industry and fueling an increase in oil prices, USD/CAD …
Read More »European Stocks Trade Flat as Markets Eye U.S. CPI, U.K. Spending Review, and China Trade Talks
European stock markets opened Wednesday in narrow ranges as investors absorbed the implications of t…
Gold Rises as Trump Tariff Ruling Offsets China Trade Optimism; CPI Data Eyed
Gold prices edged higher in Asian trading on Wednesday, buoyed by safe-haven demand after a U.S. cou…
Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggle To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Market Analysis
March, 2023
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27 March 2023 10:57 pm
EUR/USD rebounds on risk-on impulse, weaker USD
The EUR/USD pair recovers on Monday despite Monday’s higher Treasury bond yields. It had fallen over the previous two days. The risk-on impulse of Monday supported the Euro at the expense of the US Dollar.The EUR/USD pair hit a daily low of 1.0744 during a quiet trading day in the …
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27 March 2023 9:49 pm
BoE´s Bailey: Alert to any signs of persistent inflationary pressures
Bank of England’s Andrew Bailey has said that the British central bank has to be very alert to any signs of persistent inflationary pressures.Key QuotesIf they become evident, further monetary tightening would be required. MPC´s response will be firmly anchored in the emerging evidence. Evidence has pointed to more resilient …
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27 March 2023 7:31 pm
Wall Street gains as banking crisis worries ease after SVB deal
Main indexes, on Wall Street, climbed on Monday as worries about the banking sector eased following a buyout deal for the deposits and loans of the collapsed US Silicon Valley Bank.The deal is about First Citizens’ acquisition of parts of Silicon Valley Bank which collapsed earlier in March in the …
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27 March 2023 6:34 pm
ECB’s Centeno: Wage increases still compatible with monetary policy
European Central Bank policymaker Mario Centeno said on Monday that the wage increase in the Eurozone is still compatible with the monetary policy and added that they are not observing and second round effect on wage-setting.“We haven’t seen de-anchoring inflation expectations,” Centeno further reiterated and noted that the ECB has …
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27 March 2023 5:59 pm
Gold is falling amid rising stocks and investors’ assessment of banking risks
Gold prices fell on Monday after the rise in stocks undermined the yellow metal’s attractiveness as a safe haven, while investors were assessing the steps taken by the authorities to allay fears of a crisis in the global banking system. Spot gold fell 1.4 percent to $1,949.99 an ounce by …
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27 March 2023 4:45 pm
Oil production in Iraqi Kurdistan is threatened after Turkey halted exports through a pipeline
Oil production in the semi-autonomous Kurdistan Region of Iraq is under threat after the halt in exports from the northern region forced companies operating there to pump crude to storage facilities with limited capacity. Iraq was forced to stop about 450,000 barrels per day of crude exports from the Kurdistan …
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27 March 2023 3:36 pm
European stocks rise amid easing tensions related to the banking sector
European stocks jumped on Monday as some calm returned to the markets after a week of turmoil over concerns about the stability of the banking sector following the collapse of Credit Suisse and two mid-sized US banks. The pan-European STOXX 600 rose 0.9 percent after news of a deal in …
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27 March 2023 2:55 pm
First Citizens Agrees to Buy Collapsed Silicon Valley Bank
First Citizens Bankers said on Monday that it would take over the deposits and loans of the collapsed Silicon Valley bank, concluding a chapter of a crisis of confidence that caused turmoil in global financial markets. In a separate statement, the Federal Deposit Insurance Corporation, which took control of Silicon …
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27 March 2023 1:11 pm
Stability of USD amid continuing concerns about the banking crisis
The dollar witnessed stability on Monday, while the yen hovered near its highest level in seven weeks, at a time when investors are assessing the measures taken by the authorities and regulators to calm concerns about the global banking system. The dollar index, which measures the performance of the US …
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27 March 2023 12:06 pm
Oil rises as concerns about banking sector turmoil recede
Oil prices rose in early trade on Monday as concerns about turmoil in the banking sector eased. Brent crude futures rose 33 cents, or 0.4 percent, to $75.32 a barrel by 0040 GMT. The price of US West Texas Intermediate crude was $69.65 a barrel, up 39 cents, or 0.6 …
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27 March 2023 6:27 am
Financial Markets’ Weekly Recap 20 – 24 March 2023
Financial markets witnessed a very volatile week as investors and traders tended to believe that officials’ efforts to calm banking turbulence would allay concerns that the 2008 financial crisis would recur. Recent central banker statements that sounded less hawkish are bolstering the cautious optimism. In particular, today’s light calendar and …
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25 March 2023 2:34 am
Market Drivers – US Session 24/03/2023
It is predicted that the EUR/USD will end the week with respectable gains of 0.89%. The US economy slowed down overall on Friday, according to mixed economic data. The goal of ECB officials is still to lower the Eurozone’s high inflation rates.Key DevelopmentsJoachim Nagel, the president of the Bundesbank, said …
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