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Author: Neversettleclub
Euro rally continues ECB lowers rates by 25 bps to 2.5% ECB’s Lagarde warns of growing risks and uncertainty US nonfarm payrolls expected to rise slightly to 160 thousand The euro has posted strong gains on Friday after taking a pause a day earlier. is trading at 1.0858 in the European session, up 0.69% on the day. It’s been a remarkable week for the euro, which has soared 4.7% against the .ECB Cuts But Lagarde Warns of UncertaintyThe lowered rates by 25 basis points on Thursday in a widely-expected decision. This brings the deposit rate to 2.5%, its lowest level…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.
Another week, another set of tariffs updates! The start of higher U.S. tariffs on Canada and Mexico weighed heavily on the market mood early in the week, before Trump agreed to postpone some trade levies later on. But that wasn’t the only story in town with U.S. employment updates, bitcoin reserve questions, OPEC+ production expectations and more shaking up the usual correlations. We’re detailing this week’s biggest moves and headlines below: This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event…
Fed to leave cash rates unchanged; market optimism puts downward pressure on the USD; some economic data improve.The US Federal Reserve recently announced its decision to leave the cash rates unchanged, remaining in line with analysts’ expectations.The bank decided to leave the rates close to zero, at 0.25 percent, claiming that the economic situation is improving, though still below pre-pandemic levels.In addition, the Fed pledged to continue with its bond purchases until the economy substantially improves.During a press conference that followed the announcement, Federal Reserve Chairman Jerome Powell commented that if economic recovery slows, the Fed would expand its balance…
Consumer price inflation in North Macedonia increased again in February, while the industrial production grew in January, separate reports from the statistical office showed on Friday.The consumer price index rose 5.0 percent year-on-year following a 4.9 percent increase in January. Compared to the previous month, the CPI rose 0.5 percent. Another report from the statistical office showed that industrial production grew 1.4 percent year-on-year in January, led by a 4.4 percent increase in the manufacturing output.The statistical office also revealed that the external trade deficit in January totaled MKD 16.626 billion with exports rising 5.0 percent year-on-year and imports growing…
Created on March 07, 2025 The British pound has been noisy during the trading session on Thursday, as we are hanging around the crucial 1.29 level. This is a market that has been overdone for a while, so would not surprise me at all to see a little bit of a pullback. That being said, it doesn’t necessarily mean that I expect this pair to collapse or anything, but the move has been a little bit in the ridiculous genre, and I think that sooner or later we are going to have to realize that gravity is most certainly a…
They’re generally reserved for the ultrawealthy and financial institutions.But the exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.BondBloxx’s Joanna Gallegos thinks it’s a great idea despite the asset class’ reputation for charging high fees and academic research that have shown sluggish returns. Her firm launched the BondBloxx Private Credit CLO ETF (PCMM) about three months ago.”We don’t believe in the velvet rope. We believe in connecting markets,” the firm’s co-founder and chief operating officer told CNBC’s “ETF Edge” this week. “People have not had access to it. It makes sense in a portfolio. People…
After the success of 2024, iFX EXPO LATAM is returning to Mexico City on the 9th and 10th of April 2025 for 2 days of learning, networking, and collaborating.iFX EXPO has over 10 years of experience in hosting expos in the online trading industry all over the world. In 2025, they’ll be gathering traders, brokers, IBs, affiliates, prop firms, fintechs, PSPs, liquidity providers, and more under one roof.This event offers a unique balance of two crucial advantages:Knowledge building and industry networkingThe expo is catered to all levels of experience, uniting both beginners and experienced veterans, making it the ideal place…
There are a couple to take note of on the day, as highlighted in bold.The first ones are for USD/CAD at the 1.4350-60 levels. They don’t offer much of any technical significance, with the confluence of the 100 and 200-hour moving averages only seen at 1.4378-98 currently. But if anything, the expiries may play a part in limiting any upside moves at least until we get the barrage of US and Canadian labour market data later.As for after, it will be about reading between the lines of the data deluge and then perhaps the expiries may also play a role…
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