BoE MPC member Catherine Mann argued that recent monetary policy actions have been overshadowed by “international spillovers.” Financial market volatility, particularly from cross-border shocks, has disrupted traditional policy signals, making “founding premise for a gradualist approach to monetary policy is no longer valid”. Mann said that larger rate cuts, like the 50bps reduction she supported

Created on March 07, 2025 The Euro spiked in the early hours on Thursday, but it looks like we’re rolling right back over. Now, this makes sense on a multitude of levels, not the least of which would be the fact that we have got way ahead of ourselves. And in fact, I would take

Created on March 07, 2025 During the trading session on Thursday, we have seen the gold market fall again, but just like we had seen on Wednesday, there have been plenty of buyers near the $2900 level. Because of this, the market has turned around to show signs of life, as the market is likely

Created on March 07, 2025 Potential signal: I’d be a buyer of Bitcoin above the 50 Day EMA, which is near the $94,500 level, with a stop loss of $89,000 underneath. I also be aiming for the $105,000 level as a target. During the trading session on Thursday, we have seen the Bitcoin market try

Created on March 07, 2025 During the trading session on Thursday, we have seen the US dollar fall rather significantly against the Canadian dollar, but we have also seen the market turn around and show signs of life. The 1.43 level is an area that’s been important more than once, and therefore I think it

The EUR/USD price analysis indicates a decline in ECB rate cut expectations. The European Central Bank lowered borrowing costs by 25-bps as expected. Market participants are awaiting the US NFP report. The EUR/USD price analysis indicates a decline in ECB rate cut expectations after the central bank upgraded its inflation forecasts. As a result, the

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,

Japanese yen extends rally for a third consecutive day BoJ’s Uchida says rate hikes still on the table despite tariff concerns US nonfarm payrolls expected to edge slightly The Japanese yen has extended its gains on Friday. In the European session, USD/JPY is trading at 147.79, down 0.13% on the day. It was a light

The USD/JPY outlook indicates increased demand for the safe-haven yen. Market participants dumped risky assets in the panic that followed Trump’s new tariffs. The US will release its crucial nonfarm payroll report. The USD/JPY outlook indicates increased demand for the safe-haven yen amid escalating fears of the impact of Trump’s tariffs on the global economy.

Risk sentiment in the forex markets appears to be tilting towards risk aversion in Asian trading, marking a shift from the broad Dollar selloff earlier in the week. Overnight, US President Donald Trump granted temporary tariff exemptions for Canadian and Mexican goods under the USMCA, delaying a full-scale implementation until April 2. While this provided

Donald Trump paused tariffs imposed on Canadian and Mexican imports two days after imposing 25% levies on its biggest trade partners’ products amid sanguine market reaction and resistance from trade partners. Beyond the politicians who refused to surrender, Walmart’s Chinese suppliers reportedly refused to take on a 10% price cut on their products while Europe

Fed Governor Christopher Waller suggested that another rate cut at the next FOMC meeting is unlikely, but he remains open to further easing down the line. “I would’t say at the next meeting, but could certainly see [cuts] going forward,” he noted. Waller particularly highlighted the February inflation report and the evolving impact of trade

Created on March 06, 2025 During the trading session on Wednesday, we have seen the silver market take off to the upside, and at one point in time, even broke negative, but as the Americans came on board, we have seen the market get a push above the $32.35 level, a short-term barrier that I

Created on March 06, 2025 The gold market has initially fell during the trading session on Wednesday, only to see buyers jump back to near the $2900 level, a large, round, psychologically significant figure. It’s also worth noting that we have seen a little bit of an uptick in volume, so that is something that

The USD/CAD forecast shows some relief for the Canadian dollar. Trump excluded automakers in Canada from the 25% tariff for a month.  Market participants worried about the impact of Trump’s tariffs on the US economy. The USD/CAD forecast shows some relief for the Canadian dollar as market participants expect a tariff relief on Canada. At

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investment banks that thought 2025 would bring a windfall of mergers and acquisitions fees have been disappointed so far. Nor are equity and credit traders likely to deliver outsized gains, following a blockbuster 2024. But

Markets The ECB cut its policy rate as expected by 25 bps with the deposit rate hitting 2.5%. The decision wasn’t unanimous, but there was no opposition neither. Hawkish Austrian ECB governor Holzmann did abstain. In its monetary policy statement, the central bank for the first time emphasizes that monetary policy is becoming meaningfully less

Created on March 06, 2025 My previous GBP/USD signal on 24th February was not triggered, as there was no bullish price action when the support level at $1.2621 was first reached. Today’s GBP/USD Signals Risk 0.75%. Trades may only be taken before 5pm London time today. Long entry following a bullish price action reversal on

Daily Pivots: (S1) 1.2808; (P) 1.2855; (R1) 1.2941; More… GBP/USD’s rally is from 1.2099 is still in progress and intraday bias stays on the upside. Sustained break of 61.8% retracement of 1.3433 to 1.2099 at 1.2923 will pave the way back to 1.3433 high. On the downside, below 1.2803 minor support will turn intraday bias