Monthly Archives: March 2025
Tariff concerns remain unclear; USD/CAD hits weekly lows, down 200 pips from earlier levels
Written on March 6, 2025 at 1:35 am, by anakin
USD/CAD drops 51 pips to 1.4337, reaching weekly lows amid US tariff anticipation and market optimism.
Crude oil fell to $66.31, influenced by economic concerns and OPEC+ production plans impacting prices
Written on March 6, 2025 at 1:05 am, by anakin
Crude oil prices dropped 2.88% to $66.31 amid economic concerns and OPEC+ production plans, testing key support.
The White House indicated Trump is receptive to proposals for further tariff exemptions, as Canada complains
Written on March 6, 2025 at 12:05 am, by anakin
Trump may allow more tariff exemptions; Canada challenges WTO; Democrats might push a House vote on tariffs.
The White House confirms a one-month exemption for autos under the USMCA, amid concerns.
Written on March 5, 2025 at 11:35 pm, by anakin
White House grants one-month auto exemption under USMCA; concerns raised over fentanyl trafficking from Canada, prompting action.
Trump mentioned a call with Trudeau about tariffs, expressing concerns over border issues and fentanyl
Written on March 5, 2025 at 11:05 pm, by anakin
Trudeau called Trump about tariffs and fentanyl; Trump remained skeptical. Possible tariff reductions may happen soon.
Following the tariffs, Trump and Trudeau conversed, discussing trade and fentanyl, lasting 50 minutes
Written on March 5, 2025 at 10:35 pm, by anakin
Trump and Trudeau discussed tariffs, trade, and fentanyl; USDCAD declined while US stock indices showed gains.
The EURCHF rose to its highest since July 2024, while the EUR strengthened significantly against major currencies
Written on March 5, 2025 at 10:05 pm, by anakin
EURCHF hits highest level since July 2024, rising 1.6%, surpassing key resistance levels amid Euro strength.
A New York Fed report reveals businesses’ inflation expectations have risen this year amidst high uncertainty
Written on March 5, 2025 at 9:35 pm, by anakin
Market anticipates 77 basis point Fed easing reduction, influenced by inflation trends and tariff uncertainties, per NY Fed.
The proposed removal of Germany’s debt brake prompts widespread optimism in financial markets and spending plans
Written on March 5, 2025 at 9:05 pm, by anakin
Germany plans to lift the debt brake, allocating 500 billion euros for infrastructure, impacting markets and politics.
US crude oil inventories increased by 3614K, while gasoline and distillates saw decreases. WTI dropped
Written on March 5, 2025 at 8:35 pm, by anakin
US crude inventories rose significantly, while gasoline and distillate stocks declined. WTI crude hit a low.