Dollar Recovery Capped by Stocks Rally, S&P 500 Ready for New RecordDespite being pressured in the past few days, Dollar remains relatively resilient, refusing to drop despite renewed selling pressure earlier today. US President Donald Trump’s tariff rhetoric is having a diminishing effect on markets, as traders shift their attention back ...
Loonie Weakness Persists in Calmer Markets, AUD/CAD Challenges Key ResistanceForex markets have settled into quieter trading as the immediate impact of US President Donald Trump’s inauguration and initial executive orders fades. While Trump’s proposed tariffs remain a significant concern, their delayed implementation suggests a more calculated and strategic approach, ...
Loonie on a Rollercoaster on Tariff Threats, Canadian CPI WatchedCanadian Dollar endured a rough ride, heavily influenced by US President Donald Trump’s tariff rhetoric. The Loonie initially gained some ground yesterday, as Dollar weakened broadly after Trump refrained from imposing immediate tariffs during his first day in office. However, ...
Dollar Weakened by Reports Trump Is Holding Off on New TariffsDollar weakened broadly in early US session as reports from The Wall Street Journal indicated that Donald Trump, during his inauguration, will only outline his trade vision but avoid imposing new tariffs for now. While this temporarily calms market fears ...
Global Markets Look Beyond Trump’s Inauguration as Local Drivers Take the LeadGlobal markets are buzzing in anticipation of Donald Trump’s inauguration on January 20, yet the latest developments suggest investors may already be looking past the immediate impact. Despite speculation surrounding Trump’s policies—particularly tariffs—various benchmarks and asset classes are charting their ...
Commodity Currencies Slide as Markets Brace for Trump’s Tariff MovesSharp selloff in commodity currencies against Dollar is dominating market action as the US session unfolds. While broader trading remains subdued, the sudden weakness in these currencies appears tied to trader caution ahead of President-elect Donald Trump’s inauguration on Monday. ...
Sterling Remains Pressured as Retail Sales Round Out Weak UK Data TrioSterling continues to trade under pressure following a week of disappointing UK economic data, with weak December retail sales completing a trio of negative reports that also included lower-than-expected GDP growth and CPI readings. The data has reinforced market expectations ...
Cautious Trade Dominates as Dollar Holds Steady, Yen Leads, Gold JumpsActivity in the forex markets has turned relatively subdued today, with no clear trend emerging as traders shift into a cautious stance. With no top-tier economic data scheduled for the rest of the week, attention is turning to the impending ...
Dollar Weakens on Core Inflation Relief, But Bullish Bias HoldsDollar extended its near-term pullback in early trading after core inflation data for December came in slightly below expectations, offering a degree of relief to traders and investors. Treasury yields also retreated, with the 10-year yield falling back below the ...
Tariff Rumors Shake Markets Again, Dollar Retreats Ahead of PPISpeculation surrounding the incoming US administration’s tariff strategy continues to rattle global markets. Reports suggest that President-elect Donald Trump’s economic team is exploring a phased approach to tariffs, gradually increasing rates by 2% to 5% per month. This tactic, if ...
Sterling Slumps Further as UK Bond Yields Hit Multi-Decade HighsSterling’s selloff continues today as UK government bond yields surged to new highs, underlining deep market concerns over the nation’s fiscal outlook. 10-year Gilt yield breached 4.8%, a level not seen in 17 years, while 30-year yield climbed past 5.4%, ...
Dollar Gains Momentum as Fed Cuts Come Into QuestionThe US markets last week were shaped by two dominant themes: uncertainty surrounding trade policies of the incoming US administration and the impact of robust US economic data. Initial market confusion, driven by ambiguous signals regarding tariffs, created significant volatility. ...
Strong NFP Boosts Dollar Amid Rising Bets on Extended Fed PauseDollar is charging higher in early US session, buoyed by a strong set of employment data. Non-farm payrolls surged well above expectations in December, while the unemployment rate unexpectedly ticked lower. This set of data solidified the market’s belief that ...
NFP Set to Boost Dollar, But Trump Inauguration Risks May Limit Sustained GainsDollar holds onto its leadership position as markets await the US non-farm payroll report. Investors expect the data to reinforce Fed’s decision to pause rate cuts this month, particularly if the report confirms continued labor market strength. In such a ...
