Gold rose close to a record high late last week after Donald Trump signalled a less aggressive approach to China, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Trump pushes Gold higher “In a TV interview last week Trump said he would ‘rather not have to use’ tariffs against China. His comments weighed on […]
The Canadian dollar strengthened amid relief over Trump’s soft approach to tariffs. The US released softer-than-expected business activity data. The Fed will likely keep rates unchanged while the BoC lowers. The USD/CAD forecast indicates increasing bullish sentiment as market participants gear up for monetary policy meetings in the US and Canada. The Fed will likely
Investing.com– The Mexican peso weakened sharply on Sunday, while the Canadian dollar softened amid heightened fears that U.S. President Donald Trump will deliver on his tariff threats, after he imposed steep import duties on Colombia. The Mexican peso was more badly hit, with the pair- which gauges the amount of pesos required to buy one
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Dollar ended the week as the worst-performing major currency, largely weighed down by strong risk-on sentiment that took hold after President Donald Trump’s first week in office. Investors had anticipated more aggressive trade measures from the new administration, but Trump instead struck a relatively softer tone on tariffs, leading to improved risk appetite in equities
The global AI race has taken an intriguing turn with the emergence of China’s DeepSeek, touted by some as a potential disruptor to NVIDIA’s dominance in the AI hardware space. As speculation swirls, stock investors, analysts, and thought leaders are left grappling with the critical question: Is DeepSeek a genuine threat to NVIDIA and the
UPCOMING EVENTS: Monday: China PMIs, German IFO. Tuesday: US Durable Goods Orders, US Consumer Confidence. Wednesday: Australia Q4 CPI, BoC Policy Decision, FOMC Policy Decision. Thursday: Eurozone GDP and Unemployment Rate, ECB Policy Decision, US Q4 GDP, US Jobless Claims. Friday: Tokyo CPI, Japan Unemployment Rate, Japan Industrial Production and Retail Sales, Swiss Retail Sales,
Trump Coin (TRUMP/USDT): The Rise and Fall of a Meme Coin In the unpredictable world of cryptocurrency, meme coins frequently make headlines with spectacular gains—followed by equally dramatic losses. Trump mentioned (see in video below) that the launch of his Meme coin celebrated winning. So far, it seems that he won, and buyers of this
Investing.com — Donald Trump’s inauguration week began with a relief rally in G10 currencies against the US dollar (USD), driven by a Wall Street Journal report hinting at a potential delay in tariffs. UBS strategists, citing their short-term valuation model, analyzed the rally, assessing the extent of tariff risk priced into currencies as of the
Marco Rubio, Secretary of State Politico is out with a very interesting report after it obtained a report showing guidance from new Secretary of State Marco Rubio. It says that — contrary to reports at the time — that yestrday’s executive order from Trump will cut off foreign aid to Ukraine. Secretary of State Marco
The Dow Jones eased somwhat on Friday, testing into 44,300. Despite a quiet end to the week, equities are poised for strong bullish closes. US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a
US equities markets rose due to President Trump’s pro-business policies and decision to not impose tariffs on major trading partners yet. The Bank of Japan raised rates to 0.5%, the highest since 2008. The week ahead sees market shift attention toward Central Bank policy with ECB and Fed meeting in focus. Week in Review: Trump
Pound Sterling outperforms USD as Trump backs immediate rate cuts GBP/USD rises to near 1.2400 as Trump asks Fed for rate cuts GBP/USD churns near familiar levels ahead of Friday’s PMI data Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for
