Monthly Archives: February 2025
The USD/CAD pair recovers to approximately 1.4220 during European trading after dipping to around 1.4180.
Written on February 24, 2025 at 6:07 pm, by davin
USD/CAD rebounds to 1.4220 amid US Dollar strength, tariff concerns, technical patterns, interest rates, oil, and inflation.
Xi expressed China’s approval of Russia’s efforts regarding Ukraine and confirmed enduring China-Russia cooperation.
Written on February 24, 2025 at 6:03 pm, by davin
Xi praised Russia’s efforts on Ukraine, affirmed steady China-Russia ties, and emphasized ongoing strategic coordination and diplomacy.
According to BBH’s FX analysts, NZD increased slightly before losing ground as RBNZ favours gradual easing.
Written on February 24, 2025 at 5:37 pm, by davin
NZD/USD rose before retracing as New Zealand’s Q4 retail sales exceeded expectations. RBNZ plans gradual easing.
The S&P 500 declined sharply due to disappointing data, prompting concerns over inflation and interest rates.
Written on February 24, 2025 at 5:32 pm, by davin
S&P 500 declines on inflation concerns; key support at 5960. Upcoming NFP, CPI reports crucial for market direction.
ING’s analysts observed the UK’s January public sector surplus of £15.4bn was below estimates.
Written on February 24, 2025 at 5:08 pm, by davin
UK reports a £15.4bn surplus, below forecasts. Rising yields limit flexibility, impacting GBP/USD and fiscal plans.
Swiss sight deposits rose to CHF 438.1 billion, the highest level since before Christmas.
Written on February 24, 2025 at 5:04 pm, by davin
Swiss sight deposits rose to CHF 438.1 billion, the highest since Christmas, reversing recent declines.
According to UOB Group analysts, NZD/USD is expected to range between 0.5735 and 0.5770.
Written on February 24, 2025 at 4:37 pm, by davin
NZD trades sideways between 0.5735 and 0.5770, with potential to challenge 0.5790 if momentum increases.
German companies’ sentiment remained stable, with expectations rising despite a decline in current conditions.
Written on February 24, 2025 at 4:33 pm, by davin
Germany’s Ifo business climate index stood at 85.2 in February, with expectations rising but current conditions declining.
The dollar weakened last week due to soft data and expectations of temporary tariffs under Trump.
Written on February 24, 2025 at 4:08 pm, by davin
The dollar weakened on soft data, tariff concerns, and geopolitical factors, while traders await key economic releases.
Optimism following the German election fades quickly, leaving traders cautiously awaiting coalition progress.
Written on February 24, 2025 at 4:05 pm, by davin
German election optimism fades; EUR/USD struggles below 1.0500, DAX loses momentum as traders assess coalition challenges.
