About: davin
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The euro seeks a break above 1.0500 following results from the German elections, influencing coalition negotiations.
EUR/USD nears 1.0500 as German election sparks coalition talks, debt brake debate, and potential economic shifts.
Written on February 24, 2025 at 1:05 pm
Categories: Live Updates
The UOB Group anticipates that GBP/USD will fluctuate between 1.2625 and 1.2680.
GBP is trading between 1.2625 and 1.2680, with momentum targeting 1.2730. Support at 1.2580 remains critical.
Written on February 24, 2025 at 12:39 pm
Categories: Live Updates
EUR/USD options at 1.0500 and 1.0525 may support a stronger euro given recent developments.
EUR/USD expiries at 1.0500, 1.0525; German election boosts euro; debt brake reforms may increase investment, growth.
Written on February 24, 2025 at 12:33 pm
Categories: Live Updates
During the Asian session, gold attracts dip-buying while remaining within its established trading range.
Gold struggles within range as US tariffs, Fed policy, and economic concerns influence sentiment; key support at $2,855.
Written on February 24, 2025 at 12:09 pm
Categories: Live Updates
Wunsch cautions against indiscriminate rate cuts, emphasising careful assessment and potential for inflation stability.
ECB’s Wunsch warns against hasty rate cuts, stressing data-driven decisions while expecting rates near 2% by year-end.
Written on February 24, 2025 at 12:05 pm
Categories: Live Updates
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