GBP/USD Pushes Higher—Will the Rally Continue?

Economic

Forex

Summary:

GBP/USD started a decent increase above the 1.2800 resistance zone. A key bullish trend line is forming with support at 1.2720 on the 4-hour chart. EUR/USD climbed above the 1.0880 resistance zone. Bitcoin failed to recover above the $85,000 resistance zone.

GBP/USD started a decent increase above the 1.2800 resistance zone.

A key bullish trend line is forming with support at 1.2720 on the 4-hour chart.

EUR/USD climbed above the 1.0880 resistance zone.

Bitcoin failed to recover above the $85,000 resistance zone.

GBP/USD Technical Analysis

The British Pound formed a base and started a fresh increase above 1.2800 against the US Dollar. GBP/USD broke the 1.2850 resistance to enter a positive zone.

Looking at the 4-hour chart, the pair settled above the 1.2850 level, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). The pair even cleared the 1.2920 resistance zone.

It seems to be aiming for a move above the 1.3000 resistance zone, which is a major hurdle for the bulls. The next major resistance is near the 1.3050 level.

The main resistance is now forming near the 1.3120 zone. A close above the 1.3120 level could set the tone for another increase. In the stated case, the pair could even clear the 1.3200 resistance.

On the downside, immediate support sits near the 1.2880 level. The next key support sits near the 1.2850 level. Any more losses could send the pair toward the 1.2800 level. The main support could be 1.2740. There is also a key bullish trend line forming with support at 1.2720 on the same chart.

Looking at EUR/USD, the pair also started a decent increase and the pair could now aim for a move toward the 1.1000 resistance.

Upcoming Economic Events:

US Initial Jobless Claims – Forecast 225K, versus 221K previous.

US Producer Price Index for Feb 2025 (YoY) – Forecast +3.3%, versus +3.5% previous.

Source: ACTIONFOREX

To stay updated on all economic events of today, please check out our Economic calendar

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Daily News

[Quick Facts]

U.S. budget deficit hits $1.1 trillion, a record high for the same period.

Russia is not informed of U.S.-Ukraine negotiation results, it's "too early" to discuss a truce.

The U.S. government faces another shutdown as Democrats and Republicans struggle to reach an agreement.

Former Bank of England Governor Mark Carney to assume office as Canadian Prime Minister on Friday, Cabinet size potentially halved.

Bank of Canada reduces policy rate by 25 basis points as expected, adopts "Cautious" approach to tariff impacts.

U.S. CPI cools but underlying concerns remain.

[News Details]

U.S. budget deficit hits $1.1 trillion, a record high for the same period

The U.S. budget deficit continued to expand in February, pushing the deficit for the first five months of the fiscal year to 1.15 trillion, driven primarily by rising Medicare costs and government debt servicing expenses. Data released by the Treasury on Wednesday showed a February deficit of 307 billion alone. Adjusted for calendar differences, the budget deficit for the fiscal year starting October 1st is 17% higher than the same period last year. The widening deficit could complicate President Donald Trump's efforts to extend and expand the 2017 tax cuts, most of which expire at the end of this year.

Russia is not informed of U.S.-Ukraine negotiation results, it's "too early" to discuss a truce

On March 12, Russian Ambassador to France Alexey Meshkov stated in a media interview that Russia has not yet been informed of the results of U.S.-Ukraine negotiations, making it "too early" to discuss a truce. Russia needs more details and hopes to resolve the conflict through diplomatic means. Meshkov reiterated Russia's stance on resolving the Ukraine conflict, which includes Ukraine not joining NATO, no deployment of NATO troops on Ukrainian territory, and NATO refraining from any form of military exercises or training in Ukraine.

The U.S. government faces another shutdown as Democrats and Republicans struggle to reach an agreement

Senate Democrats gathered on Wednesday to discuss a temporary funding bill passed by the Republican-controlled House (which requires 60 votes to advance in the Senate, where Republicans hold 53 seats). With just two days left before a partial government shutdown, Senate Democratic Leader Chuck Schumer called for a one-month extension of current spending to allow time to complete a more comprehensive funding bill for the year, but this strategy is unlikely to succeed.

Schumer warned that all 47 Democratic senators oppose the House-passed six-month funding bill, with only one House Democrat voting in favor. In a brief speech to the Senate, Schumer said, "I am hopeful Democrats will join Republicans to prevent a possible shutdown on Friday." Republican Senator Markwayne Mullin stated that if a shutdown occurs, it would be "100% Schumer's fault."

Former Bank of England Governor Mark Carney to assume office as Canadian Prime Minister on Friday, Cabinet size potentially halved

According to sources, former Bank of England Governor Mark Carney will be sworn in as Canada’s 24th Prime Minister on Friday, with the new cabinet potentially halved in size compared to Trudeau’s administration. One source indicated that the cabinet is expected to have between 15 and 20 ministers, down from 37 currently including the prime minister. The 59-year-old Carney takes office as U.S. President Donald Trump’s tariff policies create global economic turbulence and disrupt U.S. trade partners. Carney stated on Wednesday that he is prepared to engage in dialogue with Trump if Canada’s sovereignty is respected. It remains unclear whether the Finance Minister, Foreign Minister, and Industry Minister will retain their positions, as all three have been actively involved in trade responses to the U.S.

Bank of Canada reduces policy rate by 25 basis points as expected, adopts "Cautious" approach to tariff impacts

The Bank of Canada announced on Wednesday a 25-basis-point rate cut to 2.75%, the lowest level since September 2022. The monetary policy statement indicated that the Canadian economy is on a solid footing in 2025, with inflation close to the 2% target and strong GDP growth. However, escalating trade tensions and U.S. tariffs could slow economic activity and increase inflationary pressures.

The economic outlook faces more uncertainty than usual due to rapidly changing policy environments. The pervasive uncertainty created by continuously changing US tariff threats is restraining consumers’ spending intentions and businesses' plans to hire and invest. Against this background, and with inflation close to the 2% target, the Governing Council decided to reduce the policy rate by a further 25 basis points.

While trade wars bring cost pressures and potential inflationary shocks, policy interventions cannot fully offset their impacts but can ensure price increases do not lead to long-term inflation. The Bank will closely monitor how cost pressures translate into consumer prices. Recent surveys show consumers widely expect tariffs to push prices higher, raising inflation expectations.

At a later press conference, Bank of Canada Governor Tiff Macklem stated, "We are facing a new crisis. Depending on the extent and duration of new U.S. tariffs, the economic impact could be severe." The uncertainty surrounding the current tariff dispute is "ubiquitous" and has already negatively impacted economic activity.

The Bank will cautiously adjust policy rates, fully assessing the upside inflation pressures from rising costs and the downside pressures from weak demand.

U.S. CPI cools but underlying concerns remain

The U.S. February CPI rose 2.8% year-on-year (previous reading was 3% vs expected 2.9%) and 0.2% month-on-month (previous reading was 0.5% vs expected 0.3%). Core CPI increased 3.1% year-on-year (previous reading was 3.3% vs expected: 3.2%) and 0.2% month-on-month (previous reading was 0.4% vs expected: 0.3%).

The data, which fell below expectations and previous readings, reflects a continued cooling trend in U.S. inflation. Against the backdrop of a sharp sell-off in U.S. stocks, Wall Street paid close attention to this CPI report. Following the release, traders increased bets on Fed rate cuts, expecting at least two cuts this year, with the first likely in June.

However, the February CPI did not reflect the inflationary impact of U.S. tariffs, leaving market concerns about the U.S. inflation outlook unresolved. Before details of reciprocal tariffs are revealed, the data gives a sense of "calm before the storm." The longer inflation remains above the Fed's target, even if due to temporary factors like tariffs, the greater the likelihood of upward revisions to expectations.

As inflationary risks from Trump's tariff plans gradually emerge, recent economic data has shown volatility, and consumer concerns have risen. For the Fed, the challenge of balancing economic growth and price stability through monetary policy will become increasingly severe.

[Today's Focus]

UTC+8 10:30 Reserve Bank of Australia assistant Governor Jones Speaks

UTC+8 17:00 IEA releases monthly Oil Market Report

UTC+8 17:15 ECB Vice President Guindos speaks

UTC+8 20:30 U.S. February PPI

Risk Warnings and Disclaimers

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Owen Li

Economic

Germany's fiscal plans will have their first reading in parliament. Despite recent stumbling blocks, yield levels and curves have retraced only very little, and Bunds have even softened again versus swaps. The fiscal story also remains tense in the US, as latest fiscal numbers show an ever-widening deficit. DOGE has quite a task at hand.

Germany's fiscal reset goes to parliament

EUR rates levels and curves managed to retrace somewhat on Wednesday with fewer headlines out of Germany to drive the market, but attention turned towards tariffs. It still remains a decoupling theme in the sense that US rates have taken the opposite direction on Wednesday, allowing the 10y UST/Bund spread to climb above 140bp again.

Germany will remain the big driver in the background for EUR rates, though. Parliament will convene in a special session for the first reading regarding the defence and infrastructure plans. This is a first debate of the proposal by the SPD and CDU/CSU, but also of the initiatives by the Greens and FDP. No decisions will be taken in this session, and the proposals will be delegated to the budget committee for deliberation before a second reading and vote in parliament next week.

To recap, the proposals that are on this session's agenda are:

SPD and CDU/CSU: Exempt defence spending greater than 1% of GDP from the debt brake and allow the German federal states to incur deficits of 0.35%. Creation of a €500bn special fund for infrastructure investments of which €100bn would be reserved for the federal states.

Greens: Exempt defence spending greater than 1.5% of GDP from the debt brake with a broader definition of defence spending.

FDP: Increase the existing defence special fund to €300bn, with the condition that it can be tapped only for defence expenditures exceeding 2% of GDP.

The Greens are basically proposing to separate the package into the more pressing defence issue for immediate decision still within the old Bundestag, while leaving it to the next Bundestag to take up the infrastructure plans. Then also the votes of the Left would be needed. On Wednesday the informal conference of the 16 federal heads of state called for the package not to be separated. Eventually, the states will have to pass and decision in the Bundesrat.

German Bunds have been trading gradually softer again over the past sessions with 10y Bunds now yielding 15bp over swaps. That is still off from last week’s cheapest levels where the spread was as high as 18bp, but it had temporarily recovered back towards 12bp. In all, the market is eyeing a compromise to a still sizeable package or a least a lasting change in Germany’s fiscal attitudes.

US fiscal numbers continue to place pressure on Treasuries

The US fiscal deficit for February came in at $307bn. That’s up from $296bn for the same month last year. Not dramatically up, but still up. The running numbers don’t look great. Total spending in the current fiscal year is running at 13% above last year, while receipts are only up 2%. The overall fiscal deficit cumulates to $1.15tn for the first five months of the current fiscal year, compared with $0.83tn for the same period last year. No magic DOGE pill here as of yet!Funding requirements are only under upward pressure here.

Already over 22% of the debt is financed with bills, partly to keep it from pressuring coupon issuance by too much. These data keep the pressure on, even as Scott Bessent has promised no change in the coupon issuance profile in the coming quarters. So that must mean even more bills issuance. Even tougher as we continue to bang against the debt ceiling. The last thing needed now from a sentiment perspective is a government shutdown of some description, which is risk should the Senate decide not to pass the continuation bill in the coming days. Tough days continue. Not great for Treasuries overall.

Thursday's events and market view

German politics could dominate as the fiscal package gets a first reading in parliament. There is also busy slate of European Central Bank speakers across the dove-hawk spectrum including Holzmann, Villeroy and Nagel, but there is very little in terms of guidance policymakers will be willing to give in these highly uncertain times. The only data of note is industrial production for January.

Over in the US producer prices will provide more details to the inflation picture after the cooler-than-expected CPI reading. The jobless claims will provide a more contemporaneous read of labour market conditions, but consensus is looking for only little change.

In primary markets, Greece should be active after having mandated a dual tranche syndication, reopening 13y and 30y bond lines. Italy will auction a new 3y bond alongside taps of a 7y green bond as well as 8y and 30y regular bonds (up to €8.25bn in total). the US Treasury will auction 30y bonds (US$22bn).

To stay updated on all economic events of today, please check out our Economic calendar

Risk Warnings and Disclaimers

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ING

Economic

Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration.

Energy – Kazakhstan oil production surges

Oil prices strengthened yesterday with ICE Brent seeing its biggest gain since the end of February, settling 2% up on the day, taking it back above US$70/bbl. A lower-than-expected increase in US crude oil inventories supported the market, while better-than-expected US consumer price inflation data also helped sentiment.Energy Information Administration (EIA) data shows that US commercial crude oil inventories increased by 1.45m barrels over the last week.

That’s less than the roughly 2m barrel build the market was expecting – and below the 4.2m barrel increase the American Petroleum Institute (API) reported the previous day. Refiners increased operating rates over the week, with crude oil inputs increasing by 321k b/d. Yet despite stronger refinery activity, refined product stocks declined. Gasoline inventories fell by 5.74m barrels, while distillate stocks decreased by 1.56m barrels. Implied demand for oil products grew by 1.06m b/d week on week, with implied gasoline demand up 305k b/d. Overall, the data was constructive, especially the large drop in gasoline stocks.OPEC’s latest monthly oil market report, released yesterday, left both demand and supply estimates unchanged for 2025 and 2026. OPEC continues to forecast that 2025 oil demand will grow by 1.45m b/d year on year, while demand grows at 1.43m b/d next year. OPEC remains fairly bullish on demand, with their numbers above both the EIA and the International Energy Agency (IEA).Meanwhile, OPEC production grew by 154k b/d MoM to 26.86m b/d in February.

Nigeria and Iran were the key drivers behind this supply growth. Looking at broader OPEC+, supply grew by 363k b/d. Kazakh output surged by 198k b/d to 1.77m b/d, well above its production target of 1.47m b/d. Kazakhstan has said it will cut output in the future to compensate for this overproduction.In natural gas, investment funds continued to cut their net long in the Title Transfer Facility (TTF) over the last week, selling 48.1TWh, leaving them with a net long of 126.7TWh. That’s the smallest net long held since May 2024. The move over the last week was driven by fresh shorts entering the market, rather than longs liquidating.

Agriculture – Indian sugar production to fall

The latest estimates from the Indian Sugar and Bio-energy Manufacturers Association (ISMA) show that gross sugar output (excluding sugar diverted for ethanol production) could fall to around 26.4mt in 2024/25, That compared to its previous forecast of 27.3mt. Lower cane yields in some major producing regions were primarily responsible for the lower output estimates. Sugar allocation for ethanol production is expected to fall to 3.5mt, compared with an earlier estimate of 3.8mt. Sugar consumption might average around 28mt. The country will likely export 1mt of sugar this season. 2024/25 ending stocks are estimated at at 5.4mt.

To stay updated on all economic events of today, please check out our Economic calendar

Risk Warnings and Disclaimers

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Warren Takunda

Cryptocurrency

Bitcoin (BTC) tapped $83,700 during the early Asian hours on March 12 after reaching a low of $76,600 on March 11 amid a slight improvement in market sentiment.

BTC/USD facing rejection from the $84,000 level raises questions about whether BTC price could drop further over the next few days. Is Bitcoin Price Going to Crash Again?_1

Is Bitcoin Price Going to Crash Again?_1

BTC/USD hourly chart. Source: Cointelegraph/TradingView

Demand for Bitcoin remains weak

Spot Bitcoin exchange-traded funds (ETF) outflows have played a big role in the BTC price drop since late February, surpassing $1.5 billion over the last two weeks.

Meanwhile, Bitcoin’s apparent demand remains low, implying a decline in risk appetite from potential investors, according to data from market intelligence firm CryptoQuant,

What to know:

Apparent demand is the difference between production and changes in inventory.

Production refers to BTC mining issuance, while inventory refers to inactive supply for over a year.

Apparent demand weakens if production exceeds inventory reduction.

After a period of acceleration between November 2024 and December 2024, fueled by President Donald Trump’s victory, Bitcoin apparent demand dropped from 279,000 BTC on Dec. 4 to 10,000 on Feb. 26.

On Feb. 27, the metric turned negative for the first time since September 2024.

It currently stands at -93,700 BTC at the time of writing.

If the trend continues, the price could dip lower, just as it happened in July 2024.

The chart below shows that Bitcoin apparent demand was at similar levels on July 27, 2024, after which BTC price dropped a further 30% to $49,000 on Aug. 5, 2024. Is Bitcoin Price Going to Crash Again?_2

Is Bitcoin Price Going to Crash Again?_2

Bitcoin apparent demand. Source: CryptoQuant

However, this metric does not always guarantee more downside in the future. For example, it was also negative in late May 2024 and late October 2024 before the price rallied 7% and 73%, respectively.

Bitcoin valuation metrics hint at deeper correction

Data from Cointelegraph Markets Pro and TradingView show Bitcoin price trading 7% above its four-month low of $76,600 reached on March 12.

Despite this rebound, several valuation metrics are still leaning bearish, suggesting a deeper correction is possible, according to CryptoQuant.

The Bitcoin bull-bear market cycle Indicator is at its “most bearish level" of this cycle.

The bull/bear market cycle indicator is a momentum metric that measures the difference between the P&L Index and its 365-day moving average.

Values above 0 show that BTC is in a bull market, while values below 0 indicate a bear market.

The current value of -0.067 is at the lowest level since May 2023, when Bitcoin’s price embarked on a sustained recovery. Is Bitcoin Price Going to Crash Again?_3

Is Bitcoin Price Going to Crash Again?_3

Bitcoin: Bull-bear market cycle indicator. Source: CryptoQuant

Meanwhile, the MVRV ratio Z-score has crossed below its 365-day moving average, indicating that the upward price trend has lost momentum.

The MVRV ratio Z-score is a key metric used to assess whether Bitcoin is overvalued or undervalued.

“Historically, valuation metrics at these levels have signaled either a sharp correction or the start of a bear market.”

Bitcoin price bear flag hints at $68,400

From a technical perspective, BTC price is trading within a bearish continuation pattern that indicates a potential correction ahead.

Key points:

BTC is trading within a bear flag pattern, indicating the possibility of more downside if key support levels don’t hold.

The bear flag developed after Bitcoin dropped from $92,000 to a local low of $76,600 between March 6 and 11.

The consolidation within the bear flag has BTC trading in an ascending parallel channel, with today’s drop testing critical support levels, including the lower boundary of the flag at $82,000. Is Bitcoin Price Going to Crash Again?_4

Is Bitcoin Price Going to Crash Again?_4

BTC/USD four-hour chart. Source: Cointelegraph/TradingView

A breakdown of this level could trigger another price crash.

The bear flag’s downside target, derived from the height of the previous drop, is approximately $68,400, representing a 17% drop from the current price.

CryptoQuant analysts, meanwhile, say that if the current support zone between $75,000 and $78,000 doesn’t hold, Bitcoin could go even lower to $63,000.

Source: Cointelegraph

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Warren Takunda

Economic

The Pound-to-Euro exchange rate (GBP/EUR) extended losses to 1.1852 midweek following six consecutive days of losses, but we see the prospect for consolidation.

The Relative Strength Index (RSI) on the daily chart has reached 30 (see the lower panel in the chart), triggering an oversold signal.

The development comes as GBP/EUR approaches a clear graphical support zone at 1.1820, where the January selloff also faded and ultimately reversed. The level also came into play in June and September 2024 and forms the bottom of a medium-term range.

Pound-to-Euro: Stabilisation as EU Enters Tariff War_1

Above: GBP/EUR at daily intervals.

Given the technical challenges to further gains by the Euro, a consolidation becomes likely.

For now, the prospect of a rebound is less assured than in January, when a similar selloff appeared to be driven by the unwinding of 'long' GBP positioning.

This time around, the European economic outlook has been significantly reappraised as Germany prepares to spend more on defence and infrastructure investments. Economists say this is a' game-changer' moment for the single currency.

"Germany is setting in motion a significant shift in modern history, potentially transforming it from a fiscal detractor to a fiscal stimulator. Markets should take note!" says Vasileios Gkionakis, Senior Economist and Strategist at Aviva Investors.

The fundamental shift in favour of the Euro we have seen in the past week leaves us wary of a breakdown of GBP/EUR support at 1.1820 in the event of further Euro outperformance.

However, the conditions for a pause in the selloff are building as investors still have to grapple with the uncertainty of U.S. tariffs and their impact on the European economy.

The EU and U.S. officially entered a trade war on March 12 as the European Commission announced it was to retaliate against U.S. tariffs, announcing tariffs worth $28BN on U.S. goods.

"We expect the EUR-USD exchange rate to fall back somewhat in the coming weeks," says Ulrich Leuchtmannm, Head of FX and Commodity Research at Commerzbank.

The EU said it is a countermeasure for the €26BN tariff announced by the U.S. last month.

The rump of the EU's package is nothing new: Tariffs imposed under Trump's first presidency were suspended during the Biden administration. The EU will let that suspension lapse in April.

However, an additional package of new countermeasures on U.S. exports will come into force by mid-April, following consultation with Member States and stakeholders.

The market impact has been relatively muted in response, with the EU signalling it is ready to negotiate, which Donald Trump tends to respond positively to.

"We will always remain open to negotiation. We firmly believe that in a world fraught with geopolitical and economic uncertainties, it is not in our common interest to burden our economies with tariffs," said EU Commission President Ursula von der Leyen.

On April 02, the U.S. is set to announce its biggest tariff package yet, something that will keep markets nervous and potentially limit the Euro's recent impressive rebound.

"While downside risks for the EUR and euro-zone economy have diminished, they have not completely gone away," says Lee Hardman, currency analyst at MUFG Bank Ltd.

"Tariffs are a massive near-term risk," says Bill Diviney, an economist at ABN AMRO.

Source: Poundsterlinglive

To stay updated on all economic events of today, please check out our Economic calendar

Risk Warnings and Disclaimers

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Warren Takunda

Economic

The Dollar extended losses against the Euro, Pound Sterling and other major currencies after U.S. President Donald Trump fired another tariff broadside and ramped up uncertainty for investors and U.S. businesses.

He announced on social media that he would increase steel and aluminum tariffs for Canada to 50%, starting tomorrow, and declared a "national emergency on electricity".

He said the taxes would stay in place until Canada removed its trade barriers on dairy and electricity.

In addition, he said he would also "substantially increase" tariffs on Canadian automobile parts on April 2 if the country does not drop tariffs on dairy products and other U.S. goods.

Trump's ad-hoc, reactionary and seemingly random approach to tariffs has been a major factor behind a loss in market confidence, which has resulted in a sharp selloff in U.S. stocks.

The Dollar has also fallen, as markets see higher inflation and lower growth on the horizon.

The Pound-to-Dollar exchange rate is at 1.2937, putting it on the cusp of fresh four-month highs. The Euro-to-Dollar exchange rate extends its surge, hitting 1.0916.

"Tariffs can have a triple whammy, adding to worries about inflation, growth and denting confidence," says Gerard Lyons, Chief Economic Strategist at Netwealth.

"It's ridiculous for anyone to claim that foreign nations have more to lose from a trade war than the U.S. Tariffs are taxes on imports. The U.S. is more dependent on imports than any other nation. Therefore, the U.S. has more to lose from a trade war than any other nation!" explains Peter Schiff, Chief Economist and Global Strategist at Euro Pacific.

Data released Tuesday showed small business sentiment moderated further amid this increasing economic uncertainty.

The NFIB Small Business Optimism Index fell for the second consecutive month in February to 100.7 as the uncertainty index rose to its second highest level on record.

"Although economic perceptions remain much more constructive than in recent years, the recent flurry of tariff activity appears to have dented economic expectations and put upward pressure on small business prices," says Charlie Dougherty, Senior Economist at Wells Fargo.

The net share of small firms raising their selling prices leapt 10 points in February to 32%, its highest level since May 2023.

In addition, the labour market reemerged as the top concern facing small firms, causing hiring plans to dip three points in February.

U.S. job openings (JOLTS) rose to 7,740K in January from a downwardly revised 7,508K in December, but this was above the consensus expectation for 7,600K.

According to Viraj Patel, Strategist at Vanda Research, the figures suggest U.S. private sector jobs market is in paralysis.

He points to a flat hire rate (has been flat for 4 months in a row) and a slightly higher quit rate (but running at cycle lows).

The layoff rate is also flat and "shows how the U.S. labor market is flatlining," says Patel.

Incoming data continues to point to a slowdown in U.S. economic activity, with the Atlanta Federal Reserve's real-time measure of GDP growth now forecasting that U.S. GDP growth for the first quarter has dropped to -2.8% from -1.5%.

The deterioration has encouraged markets to raise expectations for the number of incoming Federal Reserve rate cuts, which has weighed on U.S. bond yields and triggered weakness in the Dollar.

Further uncertainty into the April 02 tariff announcements should keep the current themes in play.

Source: Poundsterlinglive

To stay updated on all economic events of today, please check out our Economic calendar

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GBP/USD Pushes Higher—Will the Rally Continue?

Source: ACTIONFOREX

March 13th Financial News

[Quick Facts]

[News Details]

[Today's Focus]

Issuance Pressure Remains on the Increase

Germany's fiscal reset goes to parliament

US fiscal numbers continue to place pressure on Treasuries

Thursday's events and market view

The Commodities Feed: Big Drop in US Gasoline Stocks

Energy – Kazakhstan oil production surges

Agriculture – Indian sugar production to fall

Is Bitcoin Price Going to Crash Again?

BTC/USD hourly chart. Source: Cointelegraph/TradingView

Demand for Bitcoin remains weak

Bitcoin apparent demand. Source: CryptoQuant

Bitcoin valuation metrics hint at deeper correction

Bitcoin: Bull-bear market cycle indicator. Source: CryptoQuant

Bitcoin price bear flag hints at $68,400

BTC/USD four-hour chart. Source: Cointelegraph/TradingView

Source: Cointelegraph

Pound-to-Euro: Stabilisation as EU Enters Tariff War

Above: GBP/EUR at daily intervals.

Source: Poundsterlinglive

Fresh Tariff Threats Hit U.S. Dollar

Source: Poundsterlinglive

Risk Disclosure

Recent Searches

Top Searches

Markets

News

Analysis

User

24/7

Economic Calendar

Education

Data

GBP/USD Pushes Higher—Will the Rally Continue?

Source: ACTIONFOREX

March 13th Financial News

[Quick Facts]

[News Details]

[Today's Focus]

Issuance Pressure Remains on the Increase

Germany's fiscal reset goes to parliament

US fiscal numbers continue to place pressure on Treasuries

Thursday's events and market view

The Commodities Feed: Big Drop in US Gasoline Stocks

Energy – Kazakhstan oil production surges

Agriculture – Indian sugar production to fall

Is Bitcoin Price Going to Crash Again?

BTC/USD hourly chart. Source: Cointelegraph/TradingView

Demand for Bitcoin remains weak

Bitcoin apparent demand. Source: CryptoQuant

Bitcoin valuation metrics hint at deeper correction

Bitcoin: Bull-bear market cycle indicator. Source: CryptoQuant

Bitcoin price bear flag hints at $68,400

BTC/USD four-hour chart. Source: Cointelegraph/TradingView

Source: Cointelegraph

Pound-to-Euro: Stabilisation as EU Enters Tariff War

Above: GBP/EUR at daily intervals.

Source: Poundsterlinglive

Fresh Tariff Threats Hit U.S. Dollar

Source: Poundsterlinglive﻿

Risk Disclosure

Source: Poundsterlinglive