Monthly Archives: February 2025
Wholesale inventories in the United States exceeded expectations in January, reporting 0.7% instead of 0.1%.
Written on February 28, 2025 at 9:07 pm, by davin
US wholesale inventories rose 0.7%, EUR/USD stabilised, gold dropped, and key economic events await.
Market awaits US PCE and Canadian GDP, amid Fed rate cut speculation linked to inflation concerns.
Written on February 28, 2025 at 9:02 pm, by davin
The PCE report will reveal inflation trends, influencing Federal Reserve rate decisions, while Canada’s GDP growth is analyzed.
In the fourth quarter, Canada’s annualised GDP reached 2.6%, surpassing expectations of 1.9%.
Written on February 28, 2025 at 8:37 pm, by davin
Canada’s GDP grew 2.6%, USD mixed, gold dipped, and GBP/USD remained resilient ahead of key events.
As the US session starts, traders monitor key levels for EURUSD, USDJPY, and GBPUSD movements.
Written on February 28, 2025 at 8:32 pm, by davin
Traders await US PCE data; USDJPY rises, EURUSD declines, GBPUSD gains. Dow, S&P up; Nasdaq unchanged.
In the fourth quarter, Canada’s GDP increased to 0.6%, up from the previous 0.3%.
Written on February 28, 2025 at 8:07 pm, by davin
Canada’s GDP grew to 0.6%, euro stabilised, gold fell, and GBP/USD held above 1.2600 post-PCE data.
Imminent US inflation data will provide crucial ranges for market participants to observe closely.
Written on February 28, 2025 at 8:02 pm, by davin
Core PCE data releases at 8:30 AM ET, with expected increases impacting economic assessments and market reactions.
The EUR/JPY pair approaches 157.00 as the Yen weakens against various currencies.
Written on February 28, 2025 at 7:37 pm, by davin
EUR/JPY nears 157.00 as Yen weakens after Tokyo CPI data; outlook remains bearish despite Euro’s resilience.
Germany’s February CPI matches expectations at +2.3%, while core inflation decreases to 2.6%.
Written on February 28, 2025 at 7:32 pm, by davin
Germany’s February CPI rose 2.3% year-on-year, while HICP increased 2.8%, with core inflation declining to 2.6%.
According to Scotiabank’s Chief FX Strategist, the GBP performs strongly but remains 0.3% lower against the USD.
Written on February 28, 2025 at 7:07 pm, by davin
Pound Sterling leads G10 but remains down. GBP/USD stabilises near support. Trade risks pressure EUR/GBP at 0.82.
The dollar remained stable while markets prepared for upcoming announcements and month-end fluctuations.
Written on February 28, 2025 at 7:02 pm, by davin
Dollar steady; USD/JPY above 150.00; EUR/USD, GBP/USD stable; gold down; Bitcoin drops; US PCE data awaited.
