Wednesday , 5 March 2025

Forex

Forex

Trump uses the ‘competitor’ code word for China

Trump is talking about DOGE, tariffs and the usual stuff in the Oval office. There isn't anything market moving in what he's said...

Forex

Trump: Wants a balanced budget in reasonably short period of time

Wants a balanced budget in reasonably short period of time, maybe by the next year or year after. Says going to get along...

Forex

Japan top FX diplomat Mimura: Doesn’t see disparity in FX moves and data

Comments from Mimura:Don't see any disparity between recent yen moves and recent positive GDP and domestic inflation dataUnderstand BOJ has been sending messages...

Forex

BoE’s Dhingra: Monetary policy alone is not well-suited to dealing with price shocks

Bank of England (BoE) Monetary Policy Committee Member Swati Dhingra noted on Wednesday that there is only so much central bank policy can...

Forex

Pound Sterling Price News and Forecast: GBP/USD climbs to fresh 10-week highs on Wednesday

GBP/USD coasted into a fresh 10-week high on Wednesday, clipping the 1.2700 handle for the first time since mid-December as hopeful bulls bid...

Forex

BOE’s Dhingra: Many of the forces that fuelled trade expansion have diminished

Many of the forces that previously fuelled rapid trade expansion seem to have diminishedHigher US tariffs likely to cause a strengthening of the...

Forex

GBP/USD climbs to fresh 10-week highs on Wednesday

GBP/USD coasted into a fresh 10-week high on Wednesday, clipping the 1.2700 handle for the first time since mid-December as hopeful bulls bid...

Forex

USDCHF bounces off targeted support at lows yesterday/today, but stalls at MA resistance

The USDCHF broke to new 2025 lows yesterday with momentum. In the post yesterday (see post here and the chart from that post...

Forex

EUR/USD Price Analysis: Bulls struggle as key resistance holds firm

EUR/USD continued to struggle on Wednesday, retreating after failing to break above the 100-day Simple Moving Average (SMA) for a third time.

Forex

Cable catches a bid into the London fix

We're near month-end so I'm not surprised to see some flows driving trade. Cable has been strong in the last 30 minutes or...