Interest Rate Cut in Switzerland and the Rise of the Dollar Against the Swiss Franc
The Swiss National Bank cut interest rates yesterday by 25 basis points, in line with expectations, from 0.50% to 0.25%, marking the fifth consecutive cut. The USD/CHF exchange rate continues its upward trend for the third consecutive day, reaching 0.8842 yesterday and currently hovering near 0.8840. However, despite this rise, the U.S. dollar remains down […]
How did financial markets move after the Fed’s decision yesterday?
The Federal Open Market Committee (FOMC) decided to keep interest rates at the range of 4.25% to 4.50% during its meeting yesterday, a decision that most analysts had anticipated. However, the more significant aspect was the “dot plot” projections, which indicated a possibility of two rate cuts this year. Additionally, in his press conference, Federal […]
Gold Hits an All-Time High of $3,043: Will the Uptrend Continue?
Gold prices reached an all-time high of $3,043 today, with forecasts pointing to a continued upward trend and the potential for new record highs. Since the beginning of the year, gold has surged by approximately 16%, outperforming high-risk assets such as Bitcoin (-11%) and major U.S. stock indices like the S&P 500 (-5%) and Nasdaq […]
The Chinese economy shows signs of recovery despite global challenges
The U.S. dollar against the Chinese yuan has been trading in a sideways range between 7.2100 and 7.3100 over the past month, searching for a clear direction either upwards or downwards. It has declined by approximately 1% since the beginning of the year. The Hang Seng Index reached 24,670 points on March 7, 2025, marking […]
Overview of Key Economic Events from Last Week
The United States saw mixed economic data, with the Headline Consumer Price Index (CPI) and core CPI falling less than expected, while the Job Openings Index exceeded forecasts. The Producer Price Index (PPI) declined, and unemployment claims dropped, reflecting a slight improvement in the labor market. In contrast, U.S. oil inventories decreased below expectations, while […]
Pressure on the Nasdaq 100 Index: Technical Analysis and Influencing Factors
The Nasdaq 100 index recorded a level of 19,153 points yesterday, marking its lowest level since September 12, 2024. It then closed at 19,225 points. The index has declined by 14% since the peak it reached on February 19, 2025, which was 22,223 points, to yesterday’s low. It has also dropped by around 9% since […]
Trade Uncertainty and Recession Fears Weigh on the U.S. Dollar
After reaching its highest level this year on January 13, 2025, at 110.17 points, the U.S. Dollar Index (DXY), which measures the dollar’s performance against a basket of six major currencies, has declined to 103.22 points two days ago, marking its lowest level since October 16, 2024. This represents a drop of approximately 6%. Currently, […]
USD/SEK Drops to Its Lowest Level Since December 29, 2023
The USD/SEK pair continues its downward trend, recording 9.9630 yesterday, its lowest level since December 29, 2023. The pair has declined by approximately 12% from its peak of 11.3101 on January 13, 2025, to the low recorded yesterday at 9.9630. Recent Swedish economic data indicates that the Swedish economy has begun to improve, as: • […]
Oil Price Movements and Developments
Oil prices dropped to $68.37 on Wednesday, March 5, 2025, marking their lowest level since December 2021, currently trading near $70. Oil prices have declined by approximately 6% since the beginning of the year, amid prevailing uncertainty in the oil market, which is influenced by various factors. The decline is attributed to several key factors, […]
Brief Overview of Key Economic Events from Last Week
Last week, several important economic developments occurred across major economies. In the United States, unemployment claims dropped to 221,000, which was lower than expected, but the unemployment rate increased to 4.1%, higher than both expectations and the previous reading. Oil inventories saw a significant rise of 3.614 million barrels. Other economic indicators showed improvements in […]
