Live Updates

25

Feb 2025
Trump reiterates his desire for the Keystone XL pipeline’s construction, suggesting easy approvals and immediate commencement.

Trump urged the Keystone XL pipeline’s construction, promising easy approvals and suggesting another company if necessary.

25

Feb 2025
After recent losses, GBP/USD trades around 1.2630, maintaining support above 1.2600 near the EMA.

GBP/USD trades near 1.2630 in an ascending channel, with resistance at 1.2690 and support at 1.2597.

25

Feb 2025
The Bank of Korea reduces its base rate to 2.75%, forecasting GDP growth and inflation rates.

The Bank of Korea cuts interest rates to 2.75%; GDP growth projected at 1.5% in 2025.

25

Feb 2025
Following a 25 bps rate cut, the USD/KRW fell below 1,430 as explained by Governor Rhee.

BoK Governor Rhee Chang-yong explained the 25 basis point rate cut, citing weak growth and consumer sentiment.

25

Feb 2025
The USD/JPY has risen above 150.00 without new data to justify the yen’s decline.

USD/JPY rises above 150.00; yen remains volatile. Dollar faces resistance near 150.50 despite expected PPI Services increase.

25

Feb 2025
The Bank of Korea’s interest rate was set at 2.75%, aligning with expectations.

BOK keeps rates at 2.75%, EUR/USD nears 1.0500, gold dips, and Shiba Inu holders sell tokens.

25

Feb 2025
Austan Goolsbee stated that the Fed must consider price increases from potential Trump tariffs legally.

Goolsbee stressed Fed caution, citing policy-driven price impacts and tariff concerns while awaiting more economic clarity.

25

Feb 2025
Swati Dhingra, an external member of the BoE, indicated high monetary policy restrictiveness is current.

Monetary policy is restrictive; inflation pressures ease. UK consumption weak; contrasts with US, Eurozone. GBP/USD at 1.2620.

25

Feb 2025
During a TV interview, Macron stated the EU plans to increase short-term defence financing amidst US cuts.

The EU plans to increase defence spending, but Macron warns Trump’s tariffs could hinder these efforts.

25

Feb 2025
Austan Goolsbee urged the Federal Reserve to await clarity before considering interest rate cuts.

Goolsbee stresses clarity before rate cuts; Fed considers policy impact. US Dollar Index rises slightly.

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