Monthly Archives: February 2025
Earlier, EURUSD buyers gained momentum, yet failed to breach key resistance levels, causing concern.
Written on February 25, 2025 at 10:32 pm, by anakin
EURUSD showed bullish trends but stalled below resistance; price now sits between resistance and key moving averages.
The Redbook Index in the United States fell to 6.2%, down from 6.3%.
Written on February 25, 2025 at 10:06 pm, by anakin
U.S. Redbook Index declined to 6.2% on February 21, indicating retail sales and consumer spending trends.
Despite US market declines, European stocks largely maintained their positions, showcasing resilience in closing.
Written on February 25, 2025 at 10:02 pm, by anakin
European stock markets closed mixed; Stoxx 600 rose 0.1%, while French and German indexes declined slightly.
Isabel Schnabel of the ECB stated subdued growth doesn’t imply a restrictive policy approach.
Written on February 25, 2025 at 9:37 pm, by anakin
Isabel Schnabel noted a transition to a global bond glut, highlighting excess liquidity and rising Euro area rates.
US House Speaker Johnson hints at a budget vote delay due to insufficient Republican support.
Written on February 25, 2025 at 9:32 pm, by anakin
House Speaker Johnson uncertain on budget vote; markets react to GOP tax cut concerns, contributing to downturn.
According to Scotiabank’s Chief Strategist, Pound Sterling is experiencing a slight increase in value.
Written on February 25, 2025 at 9:06 pm, by anakin
Pound Sterling rises slightly; Starmer to announce defence spending. BoE’s Pill speaks on rates; GBP consolidates near support.
As crude oil plunges below $70, stocks decline and yields drop amidst rising risk aversion.
Written on February 25, 2025 at 9:02 pm, by anakin
Risk assets struggle as consumer confidence drops; oil falls below $70, with WTI at $69.54, lowest since December.
According to Scotiabank’s Chief FX Strategist Shaun Osborne, the EUR remains stable in the upper 1.04s.
Written on February 25, 2025 at 8:37 pm, by anakin
EUR remains stable; narrower spreads support gains. Resistance at 1.0530 limits upside, with support at 1.0430.
According to Bessent, the US economy is fragile, reliant on government spending and job growth.
Written on February 25, 2025 at 8:32 pm, by anakin
US Treasury Secretary Bessent warns of a fragile economy, citing high spending and government-driven job growth concerns.
Following Trump’s tariff remarks, CAD stabilises as short-term volatility increases ahead of the deadline.
Written on February 25, 2025 at 8:07 pm, by anakin
CAD volatility rises with tariff concerns; USD resistance at 1.4250/60, support at 1.4150/75, potential shift ahead.