Europe Ready to Negotiate with Trump, Strengthen Global TiesEU Chief Ursula von der Leyen announced that Europe is prepared to negotiate with US President Donald Trump while also seeking to enhance relations with China and other nations amidst increasing global competition.Emphasizing US Partnership at DavosIn her speech at the annual …
Read More »Trump’s Endeavors, to Reduce Inflation and Control Energy Expenses, Take Off
Donald Trump has signed a memorandum on inflation and multiple orders aimed at lowering energy prices, but his advisers have offered few details on the policies. During a press call, incoming White House advisers pledged that Trump would pursue an “all of government approach” to bringing down costs for American …
Read More »GBP/USD Gains Momentum Ahead of UK Labor Data
The GBP/USD pair climbed 1.35% on Monday, surpassing the 1.2300 mark. This rise comes as markets react to President Donald Trump’s decision to backtrack on day-one tariffs. Traders are now eagerly awaiting the release of UK labor and employment figures on Tuesday.Market Reaction to Trump’s Tariff Reversal The market’s relief …
Read More »Market Drivers; US Session
President Trump’s Inauguration and Market Impacts The US dollar started the week on a defensive note as market participants closely monitored President Trump’s Inauguration Day. The inactivity in US markets due to Martin Luther King Jr. Day contributed to the sharp decline in the US Dollar Index (DXY). By Monday, …
Read More »USD/CAD Weakening: Trump Delays Tariff Blitz, Shifting Trade Winds
The US Dollar (USD) recently experienced a sharp decline against major currencies following reports suggesting a potential shift in the incoming Trump Administration’s trade policy. While the campaign rhetoric heavily emphasized broad-based tariffs of 10-20% on all imports, recent indications point towards a more nuanced approach.Woes as well as concerns …
Read More »Trump to Unveil “America First” Trade Policy
In his inaugural public appearance as the newly-declared President of the United States, Donald Trump reaffirmed several of his bold campaign promises. Among these, he emphasized his intention to seize control of the Panama Canal and establish an “external revenue service” to collect profits from tariffs his administration plans to …
Read More »US Dollar Declines Following Trump’s Remarks
Investors Cash in Amidst Trade Tensions and Holiday LullAfter President-elect Donald Trump’s inauguration, the US dollar faced a decline as investors cashed in their profits amidst ongoing trade tensions and a holiday pause in bond markets. Early indicators from the incoming administration suggest a deliberate approach to tariffs and fiscal …
Read More »Promoting Oil Drilling Prioritized In Trump’s Inaugural Address
President Trump Outlines Vision for a “Golden Age”In his inaugural address after being sworn in as the 47th President of the United States on January 20, 2025, Donald Trump presented his vision for ushering America into a “golden age.” Speaking at the Capitol Rotunda, Trump detailed his administration’s “America First” …
Read More »XAU/USD Rises Amidst Trump’s Inauguration
Market Response to Trump’s Inauguration Gold prices saw a moderate increase on Monday as market liquidity remained thin following the swearing-in of Donald Trump as the 47th President of the United States. During his inauguration speech, the US dollar experienced a significant dip, reaching a nine-day low, as Trump indicated …
Read More »Winds of Legal Trouble for Dogecoin Amid Donald Trump’s Inauguration
Dogecoin (DOGE) experienced a nearly 5% rally on Monday, gaining momentum as Donald Trump’s inauguration approaches. However, the cryptocurrency could be at risk of erasing its recent gains due to an imminent lawsuit uncovered by The Washington Post.Allegations Against Elon Musk’s DOGE The lawsuit alleges that Elon Musk’s Department of …
Read More »