The Dow Jones recovered ground on Monday, climbing back to 42,500. Equities are broadly gaining ground as investors hope for easing tariff pressures. Economic concerns and inflation fears continue to simmer away as data comes in mixed. The Dow Jones Industrial Average (DJIA) pared recent losses on Monday, climbing back to the 42,500 region as […]
The US Dollar Index (DXY) rose to a three-week high due to positive US business activity data and improved sentiment. US Services PMI showed growth, driving the overall positive economic data. Market focus shifts to Friday’s PCE data and developments around the proposed tariffs due on April 2nd. Most Read: Markets Weekly Outlook – US
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EUR/USD trades near the 1.0800 zone, mildly lower after Monday’s European session. Bearish momentum builds as the pair extends its losing streak to four consecutive sessions. The downside could accelerate toward 1.0730 if sellers break through current support levels. During Monday’s session after the European close, EUR/USD continued to retreat and was last seen moving
2025.03.24 2025.03.24 (TRX) Tron Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The TRX (Tron) cryptocurrency, launched in 2017, has rapidly established itself as a leading blockchain platform for decentralized applications (dApps) and digital content. Its emphasis on high bandwidth, low fees, and smart contract support makes it appealing to both developers and
The Japanese yen has edged lower on Monday. In the North American session, USD/JPY is trading at 150.04, up 0.50% on the day. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. OTO54 – is a forced measure to prevent JS function from being overwritten. */
Market sentiment today is largely influenced by a mix of global PMI releases and ongoing uncertainty around US tariff policy. There are reports suggesting the Trump administration may exclude a set of sector-specific tariffs from the sweeping reciprocal levies set to begin on April 2. US futures are pointing to a solid open, suggesting investors
Prior was -0.03 (revised to -0.08) This is a composite index, so it’s data that has already been released but it’s a useful view. This article was written by Adam Button at www.forexlive.com. Source link
Agency broker JB Drax Honoré has hired Kevin Connors, the former co-head of foreign exchange and emerging markets at Nomura, in a newly created senior sales role. Connors joined JB Drax this month as head of client and business development in London, according to a post on LinkedIn. He previously spent more than four years
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Germany’s private sector grew at the fastest pace in ten months in March amid a robust rebound in manufacturing production, flash survey results published by S&P Global revealed Monday. The flash HCOB composite output index rose to 50.9 in March from 50.4 in February. This was the highest score since last May but it remained
Our considerations above on somewhat fading optimism on a speedy ceasefire in Ukraine have likely contributed to softer EUR momentum, ING’s FX analyst Francesco Pesole notes. EUR/USD to return above 1.090 by Wednesday “EUR/USD is still around 1% above our estimate for its short-term fair value, as a two-year swap rate gap around -150bp is
The USD/CAD forecast shows caution ahead of more US tariffs. Data on Friday revealed weaker-than-expected consumer spending in Canada. Experts believe the dollar will recover with more tariffs. The USD/CAD forecast shows caution as market participants await clarity on Trump’s next tariff moves. The Canadian dollar ended last week higher but remains vulnerable as traders
2025.03.24 2025.03.24 US Dollar Counts on ‘Liberation Day’. Forecast as of 24.03.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The United States’ protectionist measures are intended to address the foreign trade deficit. While this objective may be achieved, it is unlikely to be accomplished through implementing tariffs. Europe and China will likely focus on domestic demand, reducing exports. Let’s discuss
Will conduct appropriate monetary policy to achieve 2% target in stable, sustainable manner Will not rule out possibility of selling BOJ government bond holdings Just some token remarks with it being a continuation from his earlier commentary here. This article was written by Justin Low at www.forexlive.com. Source link
Yen weakened broadly in a relatively quiet Asian session, dragged down by disappointing PMI data. The worrying sign is that both manufacturing and services sectors are now in contraction, pointing to growing signs of weakness in Japan’s economy. Despite expectations that BoJ will raise interest rates further this year, supported by strong wage growth, today’s
There are just a couple to take note of on the day, as highlighted in bold. They are both for EUR/USD at the 1.0800 and 1.0850 levels. With sellers continuing to keep near-term control, this should continue to lock down price action for the pair within the range. That before we get to the euro
