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Category: Forex Short News

Forex Short News
Forex Short News

Tech sector leads gains: Meta soars while Broadcom dips

Posted onMarch 20, 2025

Sector Overview Today’s stock market heatmap reveals a multifaceted landscape with notable performances within the technology sector. Key players such as Nvidia (NVDA) rose by …

Forex Short News
Forex Short News

Turkish central bank hikes overnight rate to 46%

Posted onMarch 20, 2025

The turmoil in the lira this week prompted the central bank to hike the overnight lending rate to 46% from 45%. FX liquidity measures have …

Forex Short News
Forex Short News

UK February inflation expectations for the year ahead 3.9% vs 3.5% prior

Posted onMarch 20, 2025

One year inflation 3.9% vs 3.5% prior 5-10 year inflation 3.9% vs 3.7% prior That’s not going to help the BOE’s cause. The UK is …

Forex Short News
Forex Short News

AUDUSD moves sharply lower kickstarted by weak employment. Bearish technicals kick in.

Posted onMarch 20, 2025

The AUDUSD moved sharply lower in trading today help by a weaker employment report from Australia and the breaking of some key technical levels as …

Forex Short News
Forex Short News

US February existing home sales 4.26m vs 3.95m expected

Posted onMarch 20, 2025

Prior was 4.08m (revised to 4.09m) Sales up +4.2% vs -4.9% prior (revised to -4.7%) Median prices 3.8% vs +4.8% y/y prior at $398,400 Inventory …

Forex Short News
Forex Short News

The USDCAD buyer are making more of a play with a move above the 200 & 100 hour MA.

Posted onMarch 20, 2025

The USDCAD since mid-December has been trading “mostly” within a range from 1.4268 to 1.4471 (value area or Red Box). There has been breaks above …

Forex Short News
Forex Short News

The Powell bump fades: US equity markets set for lower open

Posted onMarch 20, 2025

The market liked what it heard from Powell and the FOMC yesterday but today it’s back to tariff worries and uncertainty. S&P 500 futures are …

Forex Short News
Forex Short News

South African reserve bank leaves repo rate unchanged at 7.50%

Posted onMarch 20, 2025

CPI seen at 3.6% this year vs 3.9% prior GDP growth seen at 1.7% vs 1.8% prior Proposed VAT increases would add about 0.2 pp …

Forex Short News
Forex Short News

The USDCHF rises after SNB cuts rates

Posted onMarch 20, 2025

The SNB cut rates by 25 basis points, which was the “expected” move but not a certainty (68% probability). In response, USDCHF rallied as the …

Forex Short News
Forex Short News

Mark Carney will call Canadian election for April 28 – report

Posted onMarch 20, 2025

Newly-named Canadian Prime Mininster Mark Carney will call a Federal election on Sunday, the Globe & Mail reports. He will set the election date for …

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