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Wednesday, March 12, 2025

European Markets Wrap-Up: We will have contact with Russia today - Rubio

We will have contact with Russia today - Rubio

We hope to have a positive answer from Russia Strongly urge Russia to end all hostilities We have had conversations about territorial concessions The Russian response earlier to this is that "we shall... 

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GBPUSD Technical Analysis – Awaiting the US CPI release

Fundamental Overview The USD has been under some pressure in the last couple of weeks as the weaker US data and the selloff in the US stock market increased the expectations for more easing by year-en... 

ForexLive European FX news wrap: The calm before the storm?

Headlines: What is the distribution of forecasts for the US CPI? US CPI to reaffirm stall in disinflation progress? ECB's Šimkus: We will see if we cut rates or pause in April ECB president Lagarde sa... 

Canada to announce retaliatory tariffs in response to Trump's steel, aluminum tariffs

The latest from Reuters, citing a Canadian source on the matter. From earlier: Trump's steel and aluminum tariffs take effect... 

US MBA mortgage applications w.e. 7 March +11.2% vs +20.4% prior

Prior +20.4% Market index 269.3 vs 242.2 prior Purchase index 154.6 vs 144.5 prior Refinance index 911.3 vs 784.2 prior 30-year mortgage rate 6.67% vs 6.73% prior That's now back-to-back solid weekly... 

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Latest Forex Orders

FX option expiries for 12 March 10am New York cut

Once again, there aren't any major expiries to take note of on the day. As such, trading sentiment will continue to revolve around the risk mood for the most part in the sessions ahead. Trump tariffs... 

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