Monthly Archives: February 2025
Dollar Hinders by Fed Governor’s Dovish Remark
Written on February 3, 2025 at 4:34 am, by
Market Summary Wall Street’s rally paused after gaining momentum from Wednesday’s softer U.S. CPI data, as investors brace for increased volatility heading into the Q1 earnings season next week. In the forex market, dovish remarks from Fed Governor Christopher Waller, suggesting support for continued rate cuts, dampened the dollar’s strength. This sentiment was compounded byContinue Reading
Soft CPI Reading Boosts Wall Street
Written on February 3, 2025 at 4:33 am, by
Market Summary The U.S. CPI reading released yesterday came in below market expectations, reigniting speculation of continued Federal Reserve rate cuts in 2025. As a result, the dollar fluctuated but remained near its recent lows. However, with President-elect Donald Trump’s inauguration approaching, this event could potentially strengthen the dollar in the coming sessions. Meanwhile, theContinue Reading
All Eye on U.S. CPI Today
Written on February 3, 2025 at 4:32 am, by
Market Summary The market remains steady as traders await the release of the highly anticipated U.S. CPI data today, a crucial gauge for inflation trends and potential monetary policy moves. Recent U.S. economic indicators suggest that the Federal Reserve may keep interest rates unchanged through the first quarter of 2025, making today’s CPI reading pivotalContinue Reading
