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Fed's Musalem: Unanchoring inflation expectations would concern me
Fed's Musalem: Unanchoring inflation expectations would concern me
Federal Reserve (Fed) Bank of St Louis Alberto Musalem hit newswires on Monday, admitting that signs of economic deterioration are beginning to show through the cracks, but that overall growth and labor figures still look good, at least for the time being.
Fed
CentralBanks
Inflation
Dow Jones Industrial Average tumbles 640 points as tariff threats weigh on markets
Dow Jones Industrial Average tumbles 640 points as tariff threats weigh on markets
The Dow Jones Industrial Average (DJIA) spun in a worried circle on Monday, opening the gates on a new trading week and holding steady near the 43,800 level.
DowJones
Equities
SEO
TradeWar
PMI
Mexican Peso plummets as Trump’s said tariffs to start as promised
Mexican Peso plummets as Trump’s said tariffs to start as promised
The Mexican Peso recovers some ground against the Greenback on Monday, a day before tariffs of 25% would be applied on Mexican goods imported to the United States (US) as President Donald Trump promised.
USDMXN
Fundamental Analysis
Technical Analysis
SEO
TradeWar
Europe: Brave new world – Standard Chartered
Europe: Brave new world – Standard Chartered
Europe’s ability to defend itself and Ukraine is probably greater than is perceived.
Europe
Banks
RussianFederation
UnitedStates
US reciprocal tariffs: What could they look like? – Standard Chartered
US reciprocal tariffs: What could they look like? – Standard Chartered
US will deliver full reciprocal trade analysis on 1 April; it is likely to focus on 20 key economies initially.
Growth
UnitedStates
Banks
TradeWar
EUR/USD Price Analysis: Bulls regain control, breaking key resistance levels
EUR/USD Price Analysis: Bulls regain control, breaking key resistance levels
EUR/USD kicked off the week with a solid rally rising past 1.0450, climbing above key technical levels and suggesting that buyers are regaining momentum.
EURUSD
Majors
Currencies
Technical Analysis
Levels
GBP/USD rallies on soft US ISM data, falling US yields
GBP/USD rallies on soft US ISM data, falling US yields
The Pound Sterling snaps two days of losses and rises over 0.89% amid a weaker US Dollar (DXY) which appreciated on Friday following a weaker than expected Atlanta GDP Now forecast for Q1 2025.
GBPUSD
Currencies
Fundamental Analysis
Technical Analysis
US February ISM manufacturing 50.3 vs 50.8 expected
US February ISM manufacturing 50.3 vs 50.8 expected
US February manufacturing survey from the Institute for Supply Management
USD/CAD slumps to near 1.4400 as investors await Trump’s tariffs plan for Canada
USD/CAD slumps to near 1.4400 as investors await Trump’s tariffs plan for Canada
The USD/CAD pair slides to near the key level of 1.4400 in North American trading hours on Monday.
USDCAD
Fed
TradeWar
DollarIndex
InterestRate
AUD/USD jumps to near 0.6230 as US Dollar tumbles, upside remains capped
AUD/USD jumps to near 0.6230 as US Dollar tumbles, upside remains capped
The AUD/USD pair climbs to near 0.6230 in North American trading hours on Monday.
AUDUSD
RBA
Fed
DollarIndex
China
GBP firmer in line with European peers – Scotiabank
GBP firmer in line with European peers – Scotiabank
Pound Sterling (GBP) is firmer, in line with its European peers, as Gilt yields perk up on higher spending risks.
GBPUSD
Technical Analysis
Banks
EUR firmer on rising domestic yields – Scotiabank
EUR firmer on rising domestic yields – Scotiabank
The EUR has found a solid bid on the back of rising long-term yields as investors consider the potential for heftier government borrowing in Europe to bolster defence spending, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks
CAD: Markets await US tariff news Tuesday – Scotiabank
CAD: Markets await US tariff news Tuesday – Scotiabank
The Canadian Dollar (CAD) is little changed over the weekend as investors continue to focus on tariff uncertainty.
USDCAD
Technical Analysis
Banks
USD slips as markets ponder tariff risks – Scotiabank
USD slips as markets ponder tariff risks – Scotiabank
The US Dollar (USD) is trading more defensively at the outset of what may be a decisive week for markets.
DollarIndex
Technical Analysis
Banks
European stocks look to continue the hot streak in March
European stocks look to continue the hot streak in March
It's another blistering start to the new month for European equities
US Dollar sinks as tariffs are underway while Europe gets united on Ukraine
US Dollar sinks as tariffs are underway while Europe gets united on Ukraine
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is sinking towards 106.50, erasing Thursday and Friday's lows at the time of writing on Monday. Market mood improved after European
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
Silver Price Forecast: XAG/USD strengthens as US Dollar weakens due to increase in Fed dovish bets
Silver Price Forecast: XAG/USD strengthens as US Dollar weakens due to increase in Fed dovish bets
Silver price (XAG/USD) surges an almost 1% to near $31.50 in European trading hours on Monday.
Silver
XAGUSD
Fed
DollarIndex
TradeWar
USD/CNH: Potential for USD to rise to 7.3250 – UOB Group
USD/CNH: Potential for USD to rise to 7.3250 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.2780 and 7.3010.
USDCNY
USDCNH
Technical Analysis
Banks
NZD/USD: Fundamental equilibrium is estimated at 0.6600 – BBH
NZD/USD: Fundamental equilibrium is estimated at 0.6600 – BBH
NZD/USD is heavy near 0.5600, BBH FX analysts report. A higher terms of trade raises the fundamental value of NZD "New Zealand’s terms of trade index overshot expectations rising 3.1% q/q in Q4 (consensus: 1.4%) vs.
NZDUSD
Technical Analysis
Banks
USD/JPY advance to test 151.20 – UOB Group
USD/JPY advance to test 151.20 – UOB Group
Chance for overbought US Dollar (USD) advance to test 151.20 vs Japanese Yen (JPY); a sustained rise above this level is unlikely.
USDJPY
Technical Analysis
Banks
USD/CNH: China economic activity edges up in February – BBH
USD/CNH: China economic activity edges up in February – BBH
USD/CNH is up above 7.3000 and stocks in China are trading on the defensive ahead of new US tariffs tomorrow, BBH FX analysts report.
USDCNY
USDCNH
Technical Analysis
Banks
China
NZD/USD: More likely to trade in a 0.5585/0.5630 range – UOB Group
NZD/USD: More likely to trade in a 0.5585/0.5630 range – UOB Group
Instead of weakening further, New Zealand Dollar (NZD) is more likely to trade in a 0.5585/0.5630 range.
NZDUSD
Technical Analysis
Banks
Broker Rebates