Monthly Archives: February 2025
Dollar Strengthen on Strong Economic Performance
Written on February 3, 2025 at 4:29 am, by
Market Summary The U.S. 10-year Treasury yield continued its ascent, reaching a high of 4.65%—its strongest level since last April—and is expected to approach 5% as markets brace for Donald Trump’s inauguration this month. This has provided support for the dollar, which rebounded from its recent bearish trend. Positive U.S. economic data, including upbeat PMIContinue Reading
Canadian Dollar Calm After Prime Minister Step-Down
Written on February 3, 2025 at 4:29 am, by
Market Summary Canadian Prime Minister Justin Trudeau announced his resignation after nine years in office, leaving the Canadian dollar relatively steady as markets look forward to new leadership. Meanwhile, the U.S. dollar faced downward pressure amid reports that President-elect Donald Trump may ease tariff policies on imported goods, reducing concerns over trade tensions. This softerContinue Reading
Oil Strong on Improve Demand Outlook
Written on February 3, 2025 at 4:28 am, by
Market Summary Wall Street surged in the last session, buoyed by a strong performance in tech stocks, with the Nasdaq Composite climbing 1.70%. However, investor focus this week shifts to key U.S. economic data, including the Nonfarm Payrolls (NFP) report scheduled for Friday, which could provide insights into the Fed’s monetary policy outlook. The U.S.Continue Reading
