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Monthly Archives: March 2025

The euro rises towards four-month highs, with 1.0700 resistance anticipated as the dollar weakens

Written on March 5, 2025 at 2:05 pm, by

EUR/USD nears 1.0700, supported by weaker dollar and German policy shifts; US data may influence movements.

In early European trading, Eurostoxx futures rose 1.9%, with DAX up 2.3% and FTSE 0.9%

Written on March 5, 2025 at 1:35 pm, by

Eurostoxx futures rise 1.9%, signaling potential recovery as sentiment improves following volatility in European and US markets.

Uchida commented on US tariffs affecting Japan’s economy, while BOJ considers future projections for decisions

Written on March 5, 2025 at 1:05 pm, by

Uncertainty remains over US tariffs; impact on Japan assessed May 1. No ETF sales planned; rate hike timing unclear.

Uchida from BOJ stated future rate hikes aren’t predetermined; wage trends and price movements are crucial

Written on March 5, 2025 at 12:35 pm, by

Shinichi Uchida stressed no set plan for rate hikes, emphasizing wages and inflation trends in policy decisions.

After earnings, OKTA’s stock surged over 25%, surpassing expectations and indicating strong momentum ahead

Written on March 5, 2025 at 12:05 pm, by

Okta surged 25%, surpassing $100 resistance. Key levels: $111.35-$115.35. RSI overbought; potential pullback to $100.75.

A press briefing will occur with top officials from China’s financial and economic sectors participating.

Written on March 5, 2025 at 11:35 am, by

China’s economic strategies for 2025 will be discussed at a news conference featuring key officials on Thursday.

Governor Bailey, alongside committee members, will defend the rate cut choice before parliament

Written on March 5, 2025 at 11:05 am, by

Bank of England Governor Andrew Bailey and colleagues will address the Treasury Committee on February’s interest rate cut.

Japan’s finance minister Kato discussed market-determined FX rates and volatility impact with the US counterpart

Written on March 5, 2025 at 10:35 am, by

Japan’s Kato discussed FX with the US, stressing market-driven rates and addressing concerns over yen devaluation.

China aims for approximately 5% GDP growth by 2025, with various fiscal and monetary plans outlined

Written on March 5, 2025 at 10:06 am, by

China targets 5% GDP growth, 2% inflation; markets mixed. U.S. tariffs, Japan’s hawkish outlook, FX stable.

Trump advocates for repealing the CHIPS Act, citing tariffs will need adjustment and cause disruptions

Written on March 5, 2025 at 9:35 am, by

Trump defended tariffs, warned of disruptions, and sought to repeal the CHIPS Act to reduce foreign dependence.

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