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 …

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, …

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 …

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 …

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 …

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” …

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 …

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 …

Wildfires Ignite Inflation Fears as Economic Headwinds IntensifyThe recent wildfires in Los Angeles have ignited concerns beyond the immediate human and environmental toll. Economists warn that these infernos will not only scorch the land but also fan the flames of inflation, further complicating the Federal Reserve’s fight to bring prices …

On January 17th, 2025, just days before his presidential inauguration, Donald Trump launched a meme coin, aptly named “Trump Coin.” Within 24 hours, the coin achieved an astounding market capitalization of $4.8 billion and a fully diluted valuation of $24.3 billion. This rapid rise has positioned Trump Coin to potentially …