top of page

17th March - Monday Market Update #177 - US Aviation fails to DOGE the bullet.

Writer: Paul WallacePaul Wallace


 

Prepare for 2025 with FREE ACCESS to the VTP Stage 1 Online Trading Course: https://bit.ly/VTPFREE

 

Hello Traders,


Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations - just what I am looking at and interested in.


Today we looked at; FX STAM, Delta Air Lines ($DAL), United Air Lines ($UAL), US Global Aviation ETF ($JETS), The Boeing Company ($BA), and Carnival Cruise Line Corporation ($CCL).


The Monday market update for March 2025 covered the performance of major FX indices and commodities. Japanese yen and British Sterling led, with the latter benefiting from anti-US dollar sentiment and Brexit. Key events include the Bank of Japan's policy rate meeting, FOMC meeting, Swiss National Bank's monetary policy, and the Bank of England's NPCs official bank rate meeting. Gold and silver prices surged, while Bitcoin remained bearish. Delta Airlines and United Airlines showed significant weakness, with both closing below their weekly 50-period moving averages. Kiwi dollar strengthened against major currencies, driven by US dollar weakness and positive Chinese data.

 


We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.


Have a great trading week, and I’ll see you next Monday at 1230.


Trade well,

Paul



Prepare for 2025 with FREE ACCESS to the VTP Stage 1 Online Trading Course: https://bit.ly/VTPFREE

Our preferred broker is: ActivTrades

Recent Posts

See All

Comments


CONTACT
You can contact me from the form or directly details below
Phone
+44 (0)790 345 7940
Click for Whatsapp
580b57fcd9996e24bc43c543.png
RISK WARNING
Forex & CFDs are complex products, not suitable for everyone and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Thanks for submitting!

Trading Beliefs
VTP
The London Traders Network
bottom of page