Monthly Archives: February 2025
Dollar Hammers by Fed Governor’s Dovish Remark
Written on February 3, 2025 at 4:35 am, by
Market Summary Wall Street’s rally paused after gaining momentum from Wednesday’s softer U.S. CPI data, as investors brace for increased volatility heading into the Q1 earnings season next week. In the forex market, dovish remarks from Fed Governor Christopher Waller, suggesting support for continued rate cuts, dampened the dollar’s strength. This sentiment was compounded byContinue Reading
Dollar Hinders by Fed Governor’s Dovish Remark
Written on February 3, 2025 at 4:35 am, by
Market Summary Wall Street’s rally paused after gaining momentum from Wednesday’s softer U.S. CPI data, as investors brace for increased volatility heading into the Q1 earnings season next week. In the forex market, dovish remarks from Fed Governor Christopher Waller, suggesting support for continued rate cuts, dampened the dollar’s strength. This sentiment was compounded byContinue Reading
Soft CPI Reading Boosts Wall Street
Written on February 3, 2025 at 4:34 am, by
Market Summary The U.S. CPI reading released yesterday came in below market expectations, reigniting speculation of continued Federal Reserve rate cuts in 2025. As a result, the dollar fluctuated but remained near its recent lows. However, with President-elect Donald Trump’s inauguration approaching, this event could potentially strengthen the dollar in the coming sessions. Meanwhile, theContinue Reading
