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Friday, March 21, 2025

European Markets Wrap-Up: ForexLive European FX news wrap: Dollar steady as risk sentiment stays on edge

ForexLive European FX news wrap: Dollar steady as risk sentiment stays on edge

Headlines: Dip buyers will have but one more shot before the weekend Japan's largest union group Rengo sees average wage hike of 5.40% in second-round data White House reportedly begins review on plan... 

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USDCHF Technical Analysis – The Fed holds while the SNB cuts

Fundamental Overview The USD finally got a bit of a boost after the FOMC decision despite the central bank maintaining the status quo. In fact, the Fed kept rates steady, reduced the QT pace, revised... 

UK March CBI trends total orders -29 vs -28 prior

Prior -28 UK factories continue to report a downturn in the order book balance for March, with the outlook for the coming months also softening. The monthly balance for output expectations over the ne... 

PBOC says will cut RRR and interest rates at appropriate time

Will improve monetary policy control and adjustment to be more forward-looking, effective Will keep liquidity ample, guide financial institutions to strengthen credit supply To push for social financi... 

Russell 2000 Technical Analysis – No support from the Fed

Fundamental Overview The FOMC decision on Wednesday didn't provide anything new. In fact, the Fed delivered on expectations with no surprises whatsoever. The central bank kept rates steady, reduced th... 

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Latest Forex Orders

FX option expiries for 21 March 10am New York cut

There are quite a number to take note of on the day, as highlighted in bold . The first ones are for EUR/USD in between the current spot price at 1.0800 and 1.0850. That should help to keep price acti... 

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