Monthly Archives: February 2025
Dollar Holds Firm as Markets Await Fed Decision
Written on February 17, 2025 at 5:49 am, by
Market Summary The U.S. dollar remained firm ahead of key central bank decisions, with USD/CAD edging higher as traders anticipated a rate cut from the Bank of Canada. Meanwhile, market sentiment stayed cautious ahead of the Federal Reserve’s policy meeting, with investors closely watching for any signals on future rate changes. Gold rebounded after recentContinue Reading
China’s DeepSeek Triggers Nasdaq Plummet
Written on February 3, 2025 at 4:42 am, by
Market Summary The Nasdaq experienced a significant sell-off in the last session, plunging over 600 points (3%) amid concerns about competition from China’s DeepSeek. This open-source AI model, positioned as a cost-efficient alternative to U.S.-developed models like OpenAI’s ChatGPT, has fueled market apprehensions about its potential disruption to the tech sector. Adding to the bearishContinue Reading
Gold Rallies to Zenith Amid Uncertainty
Written on February 3, 2025 at 4:40 am, by
Market Summary This week, the financial market remains focused on the U.S. dollar, which has been heavily influenced by Donald Trump’s statements and proposed tariff policies. The president-elect recently threatened Columbia with high tariffs over immigration issues, adding support to the dollar’s strength. Meanwhile, attention is on Wednesday’s FOMC interest rate decision, with the marketContinue Reading
