The Canadian dollar (CAD) rebounded strongly on Tuesday, recovering 1.55% after earlier fears of US tariffs subsided. The US had threatened tariffs on Canadian goods, including a 25% levy on all goods and a 10% import fee on energy products. However, these threats were withdrawn for 30 days. This decision …
Read More »US Dollar and Gold Surge After Trump’s Comments on New Tariffs
The US dollar continued to rise alongside gold, amidst significant market fluctuations triggered by …
McDonald reveals Q4 mixed performance, Eyes 2025 Rebound
McDonald’s Q4 results showed mixed performance, with revenue slightly below expectations and a…
US Stocks Remain Resilient Amid Tariff Threats, Inflation Concerns
US stock market demonstrated resilience this week, navigating a landscape of renewed tariff threats …
Bitcoin Price Recovers Slightly, But Concerns on Fresh Tariffs, Inflation Persist
The price of bitcoin has somewhat recovered, but inflation and new tariff worries are still present.…
Lagarde Reaffirms ECB’s Recovery Outlook Despite Inflation Uncertainties
In her speech on Monday, Christine Lagarde, the president of the European Central Bank, reiterated t…
EUR/USD appreciates as investors grow alarmed by fresh tariff threats
Although the EUR/USD recovers some of its intraday losses and closes to 1.0300, the picture remains …
Trump’s Looming Tariffs and BoE Shift Weigh on Pound Sterling
The Pound Sterling weakened against the US Dollar on Monday, falling below the 1.2400 level to 1.238…
Dollar Strengthens as Trump Announces New Tariffs
The U.S. dollar edged higher on Monday as investors reacted to President Donald Trump’s announcement…
European Stocks Edge Higher Despite Trade Uncertainty
European stock markets opened on a positive note Monday, showing resilience despite fresh U.S. trade…
Gold Surges to Record Highs Amid Trade Tariff Uncertainty
Gold prices climbed to all-time highs on Monday, as escalating trade tensions and global economic un…
Market Analysis
February, 2025
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4 February 2025 10:47 pm
Euro gains momentum, eyes key resistance
Euro Gains Momentum, Eyes Key ResistanceThe euro (EUR) has gained ground against the US dollar (USD) on Tuesday, rising to 1.0335 and demonstrating renewed bullish momentum. A key development has been the pair’s decisive break above the 20-day Simple Moving Average (SMA) at 1.0360. This level had previously acted as …
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4 February 2025 9:53 pm
Pound Sterling Gains Amid Tariff Row
The British pound (GBP) has strengthened against the US dollar (USD) for the second consecutive day. This upward movement follows the delay of US tariff threats on Mexico and Canada. The postponement is due to ongoing negotiations between the involved parties, focused on combating fentanyl trafficking and illegal immigration. 1 …
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4 February 2025 7:43 pm
Oil Prices Surge as Markets Respond to Trump’s Iran Strategy
On February 4, 2025, oil prices saw a notable increase as the markets grappled with President Trump’s escalated “maximum pressure” campaign against Iran. Brent crude prices climbed to $76.34 per barrel, marking a 0.50% rise, while WTI’s earlier loss decreased to a mere 0.31% drop, settling at $72.93 per barrel.Trump’s …
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4 February 2025 7:04 pm
US JOLTs Decline and Greenback Reacts
US job openings decreased to 7.6 million in December, according to the Job Openings and Labor Turnover Survey (JOLTS) released by the Bureau of Labor Statistics (BLS). This figure fell short of the 8 million forecast and followed 8.15 million openings in November. The BLS also reported that hires and …
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4 February 2025 4:29 pm
China Retaliates with Broad Sanctions on U.S. Businesses Amid Trade Tensions
China escalated its trade dispute with the United States on Tuesday by imposing a series of targeted measures against U.S. companies, including Google (NASDAQ:GOOGL), PVH Corp (NYSE:PVH), and major farm equipment manufacturers. The move came minutes after Washington’s new tariffs on Chinese goods took effect, further intensifying tensions between the …
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4 February 2025 3:44 pm
Forex: U.S. Dollar Steadies Amid Trade Tensions as Markets Assess Tariff Risks
The U.S. dollar held firm on Tuesday as investors viewed President Donald Trump’s tariff threats primarily as a negotiating tactic rather than an immediate escalation of trade hostilities. This assessment followed Trump’s decision to suspend planned tariffs on Mexico and Canada, a move that provided temporary relief to markets. However, …
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4 February 2025 2:18 pm
European Markets Decline as Trade War Concerns Weigh on Sentiment
European equities edged lower on Tuesday, pressured by declines in automobile and telecom stocks, as escalating trade tensions between the United States and China unsettled investors. The pan-European STOXX 600 index declined 0.3% in early trading, extending losses from Monday when the benchmark posted its largest single-day drop in over …
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4 February 2025 1:22 pm
China Retaliates with Tariffs and Trade Restrictions as U.S. Duties Take Effect
China swiftly responded to new U.S. tariffs, escalating tensions between the world’s two largest economies, even as President Donald Trump temporarily spared Canada and Mexico. Key Developments: U.S. Tariffs Take Effect: A 10% tariff on all Chinese imports to the U.S. started at 12:01 a.m. ET Tuesday. Trump justified the …
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4 February 2025 11:33 am
Bitcoin and Cryptos Rebound as Tariff Delays Boost Market Sentiment
Bitcoin and other major cryptocurrencies rebounded on Tuesday as markets welcomed U.S. President Donald Trump’s decision to delay new tariffs on Canada and Mexico, easing liquidity concerns and encouraging dip buying. Crypto Market Movements Bitcoin (BTC): +5.6% to $99,327.5 Briefly surged past $100,000 on Monday evening after the tariff delay. …
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4 February 2025 11:02 am
Gold Prices Edge Higher Amid U.S.-China Trade War Fears
Gold prices rose slightly in Asian trade on Tuesday, staying near record highs as safe-haven demand remained strong due to renewed U.S.-China trade tensions. Market Movements Spot gold: Up to $2,815.35 per ounce, near record high of $2,831.70 Gold futures (March): Down 0.4% to $2,846.64 per ounce Platinum futures: Down …
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4 February 2025 2:19 am
Market Drivers; US Session
US Dollar Strength, Jobs Data, and Fed Speakers in Focus The US dollar (USD) began the week with renewed strength, driven by market reactions to recently implemented US tariffs on Canada, Mexico, and China. This week’s economic calendar features key US labor market data releases and public appearances by Federal …
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4 February 2025 1:33 am
Canadian Dollar’s Plunge As A Result of Trade War’s Toll
The Canadian dollar recently plummeted to a 21-year low against the US dollar, sparking concerns about the escalating trade tensions between the two nations. This dramatic decline followed the imposition of tariffs by the US on Canadian imports, which Canada promptly countered with its own export levies. While markets have …
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