14/11/2025
Summary In the recent trading session, the currency markets maintained a narrow range, with participants anticipating upcoming economic data. The absence of significant releases led the dollar to closely align with overall market sentiment. A positive shift occurred late in the US session when the Treasury announced reduced borrowing needs for Q1 2024, driving US
Summary The week began with the Euro (EUR) receiving support from month-end flows and robust corporate demand. GBPEUR retreated from Thursday’s highs, while EURUSD rose above the 200-day moving average. USD trading remained steady despite lower-than-expected core PCE inflation year-on-year and higher personal spending. Mixed data led to a minor uptick in treasury yields and
Summary After the recent ECB meeting, market expectations for an interest rate cut in April surged from 60% to 95%, leading to a widespread decline in the Euro. The decision was influenced by data reflecting sluggish growth and decreasing inflation. Despite acknowledging downside risks to economic growth and inflation, ECB President Lagarde expressed caution due
Summary Equity markets continued their ascent to record levels, supported by stimulus efforts in China and strong earnings from technology companies. Favourable PMI results, particularly in the manufacturing sector, contributed to positive market sentiment. The initial weakness of the USD in the morning was offset by a recovery in treasury yields following the encouraging PMI
Summary The US dollar gained ground yesterday as US treasury yields rebounded, reaching 4.15% after two consecutive days of losses. The upward trend of the USD index in 2024 appears poised to continue, supported by ongoing higher highs in price action. GBPUSD experienced a decline but maintained a sideways trading pattern for the month, while
Friday witnessed subdued market activity with decreased volatility and upward movement in equity markets. The GBP sustained losses due to disappointing retail sales figures, while the USD concluded the week on a positive note.