- January 22nd, 2025
The U.S. dollar surged against major global currencies after President Donald Trump reiterated his consideration of imposing a 10% tariff on Chinese imports. This announcement triggered a decline in the offshore yuan and led to broader market reactions, particularly in...
The U.S. dollar experienced a slight decline on Wednesday amid uncertain trading conditions, driven largely by the lack of concrete details surrounding President Donald Trump's potential tariff plans. As global markets grappled with the ambiguity, the dollar's movements reflected the...
Asian stocks edged lower on Wednesday, reflecting investor apprehensions as a strong U.S. dollar kept the yen pinned near six-month lows. Market sentiment was dampened by the realization that the Federal Reserve may be slow to reduce interest rates, following...
Oil prices continued their downward trajectory for the second consecutive session on Tuesday. This decline is attributed to technical corrections following last week’s gains, compounded by forecasts of ample supply and the impact of a robust U.S. dollar. By 0148...
The US dollar is heading for its most significant weekly decline in three months, as investors reevaluate the so-called "Trump trade" that has fueled its upward trajectory since the US presidential election. The greenback slipped by 0.2% on Friday, extending...
The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...
The Mexican peso gained ground Thursday after President-elect Donald Trump described a "wonderful conversation" with Mexico’s President Claudia Sheinbaum, signaling potential cooperation on key bilateral issues. However, diverging statements on migration policy hinted at significant challenges ahead. The peso advanced...
The global financial markets reacted sharply after President-elect Donald Trump announced his intention to impose additional tariffs on imports from China, Mexico, and Canada. In his latest posts on the Truth Social network, Trump detailed plans for a 10% tariff...
The U.S. dollar remained close to a 13-month high on Friday, reflecting growing investor speculation about the Federal Reserve’s interest rate policy and ongoing uncertainty in Europe, which weighed on the euro. Meanwhile, bitcoin continued its ascent toward the psychologically...
In a significant shift, copper prices dropped below $9,000 per ton on the London Metal Exchange (LME) for the first time in two months, extending a recent downward trend. The fall, which has seen copper decline approximately 7% since last...
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