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Dow Jones Industrial Average trims recent losses, but still has a steep hill to climb
Dow Jones Industrial Average trims recent losses, but still has a steep hill to climb
The Dow Jones Industrial Average (DJIA) fought back at the brink on Friday, clawing back roughly 500 points following a string of bad losses that saw the Dow Jones crumble 3,373 points, or -7.66%, peak-to-trough over a two-week period.
DowJones
SEO
Equities
Banxico: Uncertainty clouds Mexico's economic horizon – El Financiero
Banxico: Uncertainty clouds Mexico's economic horizon – El Financiero
Banco de Mexico (Banxico) Director of Economic Research Alejandrina Salcedo Cisneros said that uncertainty is having a widespread impact on the country's businesses, so the outlook points to a moderate expansion of regional economies.
Banxico
USDMXN
Mexico
Recession
Mexican Peso rises, poised for weekly gains ahead of Fed meeting
Mexican Peso rises, poised for weekly gains ahead of Fed meeting
The Mexican Peso (MXN) rallied against the US Dollar (USD) on Friday, ignoring softer-than-expected economic data revealed during the week that suggests the economy might slow down.
Mexico
USDMXN
ForeignTrade
Macroeconomics
SEO
Bakers Hughes oil rig count +1 at 487
Bakers Hughes oil rig count +1 at 487
Baker Hughes rig count for the current week
GBP/USD slides as UK economy falters ahead of central bank bonanza
GBP/USD slides as UK economy falters ahead of central bank bonanza
The Pound Sterling registers back-to-back bearish days, dropping some 0.14% on Friday against the Greenback after economic data from the UK revealed that the Gross Domestic Product (GDP) contracted.
GBPUSD
Majors
Fundamental Analysis
Technical Analysis
Ukraine's Zelenskyy: We have good chance to end this war quickly
Ukraine's Zelenskyy: We have good chance to end this war quickly
After negative comments on Russia earlier, Zelenskyy is softening up a bit
Ukraine says Russia encirclement of Ukraine troops in Kursk region is false
Ukraine says Russia encirclement of Ukraine troops in Kursk region is false
Ukraine military denies reports of Russian troops surrounding Ukrainian forces in Kursk region, Trump speaks out on Truth Social.
Reuters poll: Euro zone economy to grow 0.9% and 1.3% in 2025/2026
Reuters poll: Euro zone economy to grow 0.9% and 1.3% in 2025/2026
Latest Reuters poll on the Eurozone economy and the ECB
US UoM Consumer Sentiment Index is seen declining to 57.9 in March
US UoM Consumer Sentiment Index is seen declining to 57.9 in March
US Consumer Sentiment took a dip in early March, according to the preliminary reading of the University of Michigan’s Consumer Sentiment Index.
ConsumerConfidence
DollarIndex
EconomicIndicator
University of Michigan sentiment preliminary for March 57.9 versus 63.1 estimate
University of Michigan sentiment preliminary for March 57.9 versus 63.1 estimate
University of Michigan sentiment index for March preliminary
University of Michigan sentiment index to be released at 10 AM ET
University of Michigan sentiment index to be released at 10 AM ET
Markets are closely sensitive to the consumer sentiment
Stocks
EUR/USD holds ground with traders mulling German defense spending vote next week
EUR/USD holds ground with traders mulling German defense spending vote next week
The EUR/USD pair edges higher and recovers to 1.0900 at the time of writing on Friday, erasing its sluggish performance from earlier this week. The resurgence in the pair comes after two headlines emerged late Thursday. United States (US) Senate
EURUSD
Macroeconomics
SEO
Majors
GBP consolidates in mid-1.29s – Scotiabank
GBP consolidates in mid-1.29s – Scotiabank
Pound Sterling (GBP) is little changed on the session after UK GDP data fell 0.1% in the January month, a little weaker than forecast, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Technical Analysis
Banks
EUR/USD: Signs that German parties agree on debt package – Scotiabank
EUR/USD: Signs that German parties agree on debt package – Scotiabank
The EUR is tracking higher on the session, with late week dips to the low 1.08 zone prompting some renewed buying interest from bargain hunters.
EURUSD
Technical Analysis
Banks
CAD holds range on the day – Scotiabank
CAD holds range on the day – Scotiabank
The Canadian Dollar (CAD) is trading slightly more firmly on the session, helped by an improvement in risk appetite that has lifted high beta FX generally, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Technical Analysis
Banks
USD slips on the day – Scotiabank
USD slips on the day – Scotiabank
The Dollar Index (DXY) is trading lower at the end of the week.
DollarIndex
Technical Analysis
Banks
ForexLive European FX news wrap: Germany agrees on debt deal, gold clips $3,000 level
ForexLive European FX news wrap: Germany agrees on debt deal, gold clips $3,000 level
Forex news from the European morning session on Mar 14, 2025
Session wrap
Wrap Europe
US Dollar set to close off week on the back foot after Michigan surprise reading
US Dollar set to close off week on the back foot after Michigan surprise reading
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, dips lower again on Friday after a few headlines on tariffs and the US spending bill. The index, which has been limited below the 104.00
DollarIndex
Macroeconomics
UnitedStates
SEO
Germany's Greens party said to be satisfied with agreement on debt deal
Germany's Greens party said to be satisfied with agreement on debt deal
Reuters reports, citing a party source on the matter
Politics
EUR
Gold eases off from $3,000 on profit-taking
Gold eases off from $3,000 on profit-taking
The precious metal pares gains on the day
JPY is under a downward pressure – BBH
JPY is under a downward pressure – BBH
Japanese Yen (JPY) is under broad downside pressure in line with a modest recovery in equity markets, BBH FX analysts report.
USDJPY
Technical Analysis
Banks
GBP trades lower vs USD and EUR – BBH
GBP trades lower vs USD and EUR – BBH
Pound Sterling (GBP) is down versus US Dollar (USD) and Euro (EUR).
GBPUSD
EURGBP
Technical Analysis
Banks
Gold prices finally break above the recent range – Société Générale
Gold prices finally break above the recent range – Société Générale
Gold has broken out above the upper limit of the range within which it consolidated since February denoting possibility of extension in uptrend, Société Générale's FX analysts note.
Gold
XAUUSD
Technical Analysis
Banks
Volatile week for the financial markets – Danske Bank
Volatile week for the financial markets – Danske Bank
It has again been a volatile week in the financial markets. 10Y Bunds almost reached 2.95% during the week but has declined and are trading around 2.85%. 10Y US Treasuries has also been trading in a wide range between 4.15% and 4.35% and is currently at 4.26%, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.
SP500
Europe
Banks
USD/CNH: Any advance is unlikely to reach 7.2650 – UOB Group
USD/CNH: Any advance is unlikely to reach 7.2650 – UOB Group
US Dollar (USD) is expected to edge higher vs Chinese Yuan (CNH); any advance is unlikely to reach 7.2650.
USDCNH
Technical Analysis
Banks
USD/CNY is trading lower, EUR/CNY – higher – Danske Bank
USD/CNY is trading lower, EUR/CNY – higher – Danske Bank
The CNY has gained versus the USD lately, but it is more a story about USD weakening than CNY strength.
USDCNY
PBOC
Technical Analysis
Banks
Gold hits $3,000 for the first time
Gold hits $3,000 for the first time
The precious metal shines brightly amid all the political and market chaos