Monthly Archives: February 2025
Trump’s Tariff Threat Lifts Dollar
Written on February 17, 2025 at 5:55 am, by
Market Summary Markets turned volatile last Friday as newly elected U.S. President Donald Trump rattled investors with an aggressive trade stance, signaling a potential 25% tariff on steel and aluminum imports. The move, expected to take immediate effect upon announcement, overshadowed the release of a weaker-than-expected U.S. Nonfarm Payrolls (NFP) report. Despite the jobs dataContinue Reading
Sterling Depreciate After BoE Rate Cut, Eyes on NFP
Written on February 17, 2025 at 5:54 am, by
Market Summary The Pound Sterling weakened following the Bank of England’s widely expected 25-basis-point rate cut yesterday, with GBP/JPY sliding to a two-month low. Market concerns over potential stagflation—characterized by high inflation and sluggish economic growth—further pressured Sterling. Meanwhile, the U.S. dollar faced resistance near the $108.00 mark after higher-than-expected Initial Jobless Claims data weighedContinue Reading
President Trump Intervenes Israel-Gaza Geopolitical Issue
Written on February 17, 2025 at 5:52 am, by
Market Summary The market remains fixated on Donald Trump’s impending policies, which could significantly sway sentiment across multiple asset classes, including the U.S. dollar and equities. The greenback, already pressured by the delay in tariffs on Mexico and Canada, faced further headwinds after the JOLTs Job Openings report missed market expectations. Despite this setback, tradersContinue Reading
