Trump Targets PowellOn June 30, 2025, President Donald Trump escalated his feud with Federal Reserve Chair Jerome Powell, formally demanding lower interest rates via a handwritten note. Labeling Powell “too late,” Trump criticized the Fed’s cautious stance amid his administration’s volatile trade policies. The move follows weeks of heated rhetoric, …

Overview of the Legislative ProposalIn June 2025, President Donald Trump’s proposed tax and spending bill, dubbed the “One Big Beautiful Bill,” has emerged as a cornerstone of his second-term economic agenda. This ambitious legislation aims to permanently extend the 2017 Tax Cuts and Jobs Act (TCJA), which reduced corporate tax …

GBP/USD Holds Its GroundOn June 30, 2025, GBP/USD stayed steady at 1.3707, shrugging off hawkish remarks from Atlanta Fed President Raphael Bostic, who projected just one rate cut in 2025 and three in 2026. The UK’s Q1 GDP grew 0.7% quarter-on-quarter, its fastest pace in a year, yet signs of …

The US dollar experienced significant volatility last week, caught in a tug-of-war between positive and negative market forces. Support from Federal Reserve policymakers, led by Chair Jerome Powell, emphasized a cautious “wait-and-see” approach to interest rate cuts, bolstering the dollar. This stance was reinforced by stronger-than-expected consumer confidence, with the …

U.S. stock markets hit record highs, fueled by a newly ratified U.S.-China trade deal, as confirmed by Commerce Secretary Howard Lutnick. The agreement, aimed at strengthening supply chains, eased investor fears. The S&P 500, as shown in the finance card above, rose 0.5% to 614.91, while the Nasdaq matched that …

The Canadian Dollar (CAD) plunged as U.S. President Donald Trump abruptly ended trade negotiations with Canada. Announced via social media, Trump’s decision to “take his ball and go home” rattled markets, pushing USD/CAD to 1.3750. Compounding the Loonie’s woes, Canada’s GDP contracted by 0.1% in April, signaling economic slowdown. With …

Silver prices slid over 1% on June 27, 2025, dropping from a five-day high of $36.83 to $36.16. The dip followed a rebound in U.S. Treasury yields and a slight dollar recovery, pressuring XAG/USD. A bearish engulfing candlestick pattern emerged, hinting at further declines. Yet, a weekly close above $36.00 …

The U.S. dollar surged on news of advancing trade talks, particularly with China. U.S. Commerce Secretary Howard Lutnick announced that both nations are finalizing a Geneva framework, targeting rare earth minerals essential for tech, from iPhones to military drones. China’s Commerce Ministry confirmed it’s reviewing export controls to ease restrictions, …

In June 2025, U.S. consumer sentiment showed signs of life. The University of Michigan’s Consumer Sentiment Index climbed 16.3% to 60.7, up from May but still 18% below December 2024 levels. A Modest Upturn Amid Economic uneaseThis uptick, though notable, reflects cautious optimism rather than robust confidence. Consumers remain wary, …

Trade Talks Fuel Dollar’s Rise: In June 2025, the U.S. dollar got a shot in the arm from growing optimism over trade negotiations. Reports of nearing agreements between the United States and key trading partners pushed the dollar index, which tracks the greenback against major currencies, to 97.27 points on …