Market Update: March 17, 2025

Financial markets are buzzing with activity driven by fresh economic data, shifting sentiment, and commodity movements. Here’s a look at the hottest developments shaping today’s market, focusing on WTI crude oil, the US Dollar Index, EUR/USD, and gold:

Moneta Markets | 45 days ago

Ready to trade these market moves? Create an account now and stay ahead of the curve!

WTI Crude Oil Rises Above $67.50

WTI crude oil prices are climbing, trading above $67.50 per barrel in the early Asian session. This uptick follows a positive shift in risk sentiment and a rebound in oil prices. Despite ongoing US tariff uncertainties, optimism around US-Canada trade talks and a weaker US Dollar are supporting this recovery, though gains remain cautious as traders eye global demand signals.

US Dollar Index Struggles Near 103.70

The US Dollar Index (DXY) is under pressure, trading around 103.70 during Asian hours, close to its lowest levels since early November. After failing to sustain recent gains, the DXY is grappling with fresh selling amid tariff-related slowdown fears and a high probability of no Fed rate change soon. The index’s vulnerability persists as markets await further US economic cues.

EUR/USD Holds Above 1.0900

The Euro (EUR) against the US Dollar (USD) remains firm above 1.0900, capitalizing on the Greenback’s weakness in early trading. This stability follows a strong run, driven by optimism over Germany’s fiscal plans and a softer USD post-CPI. With the pair near a four-month high, traders are watching for catalysts to push it toward the psychological 1.1000 level or trigger a pullback.

Gold Slips Below $3,000

Gold prices (XAU/USD) are edging lower, dipping below the $3,000 mark to around $2,986 in early trading. Despite a year-long surge fueled by trade tensions and Fed rate-cut bets, this slight retreat reflects profit-taking and a modest USD bounce. Gold remains close to its all-time peak, with safe-haven demand still underpinning its broader bullish trend.

Broader Market Context

Markets are at a crossroads. WTI crude oil’s rise signals cautious optimism, while the US Dollar Index’s struggles highlight ongoing economic uncertainty tied to US tariffs. EUR/USD’s strength underscores the Euro’s resilience, contrasting with gold’s minor pullback from record highs. As risk sentiment improves slightly, the interplay of US data releases and global trade developments will likely dictate whether these trends deepen or shift. Ready to trade these market moves? Create an account now and stay ahead of the curve!

Regulation: FSA (Seychelles), FSCA (South Africa)

ATFX Market Outlook 30th April 2025

On Tuesday, President Trump signed an executive order combining tariff credits and duty exemptions for specific auto parts to mitigate the impact of auto tariffs. U.S. stocks rose sharply, with the Dow Jones up 0.75%, the S&P 500 gaining 0.58%, and the Nasdaq climbing 0.55%. The benchmark 10-year U.S.

ATFX | 1 day ago

ATFX Market Outlook 29th April 2025

The S&P 500 index closed nearly flat on Monday after a choppy session, weighed down by losses in mega-cap stocks. Investors focused on several key drivers, including upcoming significant U.S. corporate earnings and critical economic data. Among the three major U.S. stock indexes, the Dow Jones Industrial Average rose 0.28%, the S&P 500 gained 0.06%, and the Nasdaq Composite slipped 0.1%.

ATFX | 2 days ago

Technical Outlook on USDJPY, EURUSD, BTCUSD

USDJPY finds solid footing near familiar support zone; BoJ expected to hold rates steady. EURUSD shifts to the sidelines ahead of Eurozone CPI inflation. BTCUSD returns to bullish path as traders await US GDP, core PCE inflation, and Nonfarm Payrolls.

XM Group | 3 days ago

Gold Under Pressure as Market Hopes for US-China Trade Progress

The price of gold fell on Monday, dropping to 3,290 USD per troy ounce amid easing market tensions. The sell-off in the safe-haven asset was driven by reduced risk aversion, as trade tensions between the US and China showed signs of easing.

RoboForex | 3 days ago

ATFX Market Outlook 28th April 2025

A new survey from the Federal Reserve indicates that rising global trade risks, overall policy uncertainty, and concerns about U.S. debt sustainability rank among the top potential threats to the U.S. financial system. U.S. consumer confidence declined for the fourth consecutive month in April, as worries grew over the economic impact of tariffs.

ATFX | 3 days ago

EUR/USD Stuck in Consolidation: Rumours Abound, but Facts Remain Scarce

On Friday, the major currency pair became further entrenched within a local sideways channel, hovering around 1.1339. The US dollar retained gains accumulated over recent sessions, supported by US President Donald Trump’s confirmation that trade negotiations with China would continue.

RoboForex | 6 days ago

ATFX Market Outlook 25th April 2025

U.S. initial jobless claims rose only slightly last week, suggesting that the labour market remains resilient despite the uncertainty caused by chaotic trade policies. Federal Reserve officials stated in interviews that they see no need to adjust monetary policy and are seeking more information on how President Trump’s trade tariffs might affect the broader economy.

ATFX | 6 days ago

Gold’s Downturn Won’t Last: Global Risks Remain Elevated

The gold price rebounded to $3,350 per troy ounce on Thursday after two consecutive days of steep declines unsettled investors. However, this dip is likely temporary.

RoboForex | 7 days ago

EURUSD	1.12918	GBPUSD	1.32823	AUDUSD	0.63838
USDJPY	145.382	USDCAD	1.38395	USDCHF	0.82903