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
Yen Strengthens Amid Heighten Uncertainties in the Market
Written on February 17, 2025 at 5:53 am, by
Market Summary The Japanese yen has emerged as a top performer against the U.S. dollar, capitalizing on the greenback’s recent struggles amid heightened uncertainty. The yen has reached its strongest level in three months against major currencies, particularly after the Bank of Japan raised interest rates last week. Meanwhile, despite a temporary boost from stronger-than-expectedContinue Reading
