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Mohamed Abdelhamid

Why Is the Dollar Tanking Despite Friday’s Stellar Jobs Report?

Why Is the Dollar Tanking Despite a Stellar Jobs Report?The US Dollar is reeling, defying logic after a robust April jobs report that showcased stronger-than-expected job growth, steady unemployment, and persistent wage gains. Instead of soaring, the Dollar Index slumped to 99.88, shedding 0.37 points from its prior close. With …

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Dow Rockets Past 41,300 on Stellar Jobs Data, but Tariffs Threaten Gains

A blockbuster US jobs report has propelled the Dow Jones Industrial Average beyond 41,300, crushing recession fears with a 600-point surge. Yet, as the EUR/USD climbs 0.42% to 1.1332 and tech giants falter, tariff uncertainties loom large. With the Federal Reserve under scrutiny, the market’s euphoria could be tested. Here’s …

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US Jobs Defy Tariff Concerns: A Resilient Labor Market Shines

The US labor market stood tall in April, shrugging off the shockwaves from President Donald Trump’s “Liberation Day” tariff announcement. With stronger-than-expected job growth and steady unemployment, the latest data paints a picture of resilience amid trade policy turbulence. As markets rally and investors reassess economic risks, the April jobs …

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NFP Preview: Jobs Data to Weather Tariff Storm, Dollar Set to Shine

NFP

The U.S. Non-Farm Payroll (NFP) report, due May 2, 2025, will gauge the labor market’s strength as Trump’s tariffs—145% on Chinese imports and levies on Canada and Mexico—threaten economic stability. Despite rising jobless claims, the jobs picture may hold steady, boosting the dollar. This article unpacks NFP expectations, grounds the …

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Pound Under Pressure: Why the Dollar Holds the Edge Below 1.3300

The GBP/USD pair dipped to 1.3295 on May 1, 2025, down 0.25%, as shifting risk sentiment and divergent monetary policies weigh on the pound. With UK manufacturing faltering and U.S. tariff policies stoking inflationary fears, the dollar is gaining traction. This article dissects the fundamental drivers behind the pair’s decline, …

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