Latest data released by HCOB - 24 March 2025

China's Ministry of Finance issues a report on fiscal policy implementation

The USDJPY pair is testing a key resistance zone with strong technical confluence. What’s next?

Major indices in Europe are hoping to end the month on a stronger note

The Securities and Exchange Commission (SEC) is facing a significant reduction in its workforce as approximately 500 employees have agreed to accept $50,000 buyout offers.

European Central Bank (ECB) Executive Board member Piero Cipollone said on Monday, “the inflation target may be reached sooner than the last projections indicated.” Additional quotes Key elements strengthen the case for further rate cuts.

AUD/JPY halts its four-day losing streak, trading near 94.20 during early European hours on Monday.

Investment infrastructure provider Upvest is accelerating its UK expansion following regulatory approval, appointing former Starling Bank executive Symmie Swil as UK General Manager.

Publicly-listed multi-asset fintech group Plus500 (LSE: PLUS) announced today (Monday) it has conditionally agreed to acquire Indian financial services company Mehta Equities Limited.

Remarks by ECB executive board member, Piero Cipollone

It's the Flash PMIs Day

Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week.

The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback.

Risk looks to bounce to start the new week

Remarks by BOJ governor, Kazuo Ueda

Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the central bank “will not rule out the possibility of selling the BoJ’s government bond holdings.” Earlier in the day, Ueda said that the central bank “will adjust the degree of monetary easing if the 2% inflation target is likely to be achieved.” Japanese Yen FAQs What key factors drive the Japanese Yen? The Japanese Yen (JPY) is one of the world’s most traded currencies.

Poland-listed retail broker XTB (WSE:XTB) has strengthened its Middle East presence by opening a new office in Dubai. Announced today (Monday), the new office is located in One Central (Offices 5) ...

The EUR/GBP cross gains traction to near 0.8380 during the early European session on Monday.

TASS agency reports on the matter

The highlights of the week include inflation data for the U.K. and Australia, and the U.S. PCE

USD/CHF extends its winning streak for the fourth consecutive session, trading near 0.8840 during Asian hours on Monday.

These will be the preliminary releases for March

FX option expiries for Mar 24 NY cut at 10:00 Eastern Time via DTCC can be found below.

Gold price (XAU/USD) struggles to capitalize on Friday's modest bounce from levels just below the $3,000 psychological mark and kicks off the new week on a weaker note.

The EUR/USD pair edges higher to around 1.0815, snapping the three-day losing streak during the early Asian session on Monday.

EUR/JPY continues its upward momentum for a second consecutive session, trading near 162.00 during Asian hours on Monday.

Gold prices fell in India on Monday, according to data compiled by FXStreet.

A look at what is on the board for today

Forex news for Asian trading on Monday, March 24, 2025

Silver price (XAG/USD) edges higher on Monday, trading around $33.10 per troy ounce during Asian hours after three consecutive sessions of losses.

Dhingra, external member of the MPC, up too

Analysts at the bank point to low inflation, muted domestic demand, and growing tariff tensions

The USD/CAD pair kicks off the new week on a softer note amid the emergence of some selling around the US Dollar (USD), though it lacks bearish conviction and has now reversed an Asian session dip to the 1.4325 region.

Westpac with the info

The Indian Rupee (INR) trades stronger on Monday after closing its strongest in over two months.

West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive session, trading around $68.00 per barrel during Asian hours on Monday.

Nomura on the JPY

In particular, shipments of high-end Nvidia AI chips, in response to U.S. pressure to prevent illicit flows to China.

The Japanese Yen (JPY) continues to lose ground against its American counterpart for the third consecutive day on Monday and weakens further in reaction to the weaker flash March Purchasing Managers' Index (PMI).

Today, we're bullish above 3035.0 and bearish below 3031.2, based on key VWAP and Volume Profile levels identified with the tradeCompass methodology.