Monthly Archives: February 2025
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
Risk Sentiment Improves as Trump Delays Tariffs
Written on February 17, 2025 at 5:51 am, by
Market Summary Global risk sentiment improved as the Canadian dollar and Mexican peso rebounded sharply after U.S. President Donald Trump postponed the 25% tariffs on Canada and Mexico for 30 days. This temporary relief eased fears of immediate trade disruptions, lifting investor confidence. However, uncertainty remains as Trump’s 10% tariff on Chinese imports is stillContinue Reading
