Monthly Archives: February 2025
Trump has postponed tariffs on Canada and Mexico until April 2, showing contradicting statements.
Written on February 26, 2025 at 11:32 pm, by anakin
Tariffs on Canada and Mexico postponed to April 2; market reactions muted despite Trump’s inconsistent statements.
In North American trading, the Pound Sterling falls slightly to approximately 1.2660 against the USD.
Written on February 26, 2025 at 11:07 pm, by anakin
GBP falls to 1.2660; US Dollar rebounds. Treasury yields rise. Fed rate cut expectations grow amid inflation concerns.
After reaching 1.0528, EURUSD declined as Trump announced a 25% tariff on EU autos.
Written on February 26, 2025 at 11:02 pm, by anakin
EURUSD tested resistance at 1.0528 before declining after Trump’s tariff announcement, finding support near moving averages.
The AUD/USD pair drops to approximately 0.6300 as the US Dollar continues its recovery.
Written on February 26, 2025 at 10:37 pm, by anakin
AUD/USD declines to 0.6300 as US Dollar strengthens; Australian inflation slows; interest rates and trade influence AUD.
Trump aims for a balanced budget soon, promotes immigration investment, and maintains tariffs on various imports.
Written on February 26, 2025 at 10:32 pm, by anakin
Trump plans a balanced budget, a $5M Gold Card visa, energy expansion, Ukraine collaboration, and new tariffs.
Despite BoE’s Dhingra’s speech, the Pound Sterling strengthens against major currencies, barring the US Dollar.
Written on February 26, 2025 at 10:07 pm, by anakin
GBP rises broadly except against USD; BoE’s Dhingra signals rate cuts. USD weakens as Treasury yields drop.
Dhingra remarked that diminished trade forces and US tariffs hinder positive economic outlook in the UK.
Written on February 26, 2025 at 10:02 pm, by anakin
Trade growth slowed; US tariffs may boost the dollar, affecting UK prices. Inflation control remains essential.
BP’s market response was lacklustre despite its reset, emphasising oil, gas, and cost reductions.
Written on February 26, 2025 at 9:37 pm, by anakin
BP refocuses on oil, cutting costs, reducing capex, divesting assets, trimming buybacks, and aiming for higher shareholder returns.
The GBPUSD fluctuated around the 100-day MA, indicating market indecision and potential momentum shifts.
Written on February 26, 2025 at 9:32 pm, by anakin
GBPUSD fluctuates near 100-day MA, testing 1.2690; support at 1.2607 holds, signaling short-term buyer strength.
Gold trades around $2,910, experiencing pressure ahead of President Trump’s forthcoming speech.
Written on February 26, 2025 at 9:07 pm, by anakin
Gold trades near $2,910 after a decline, with potential risks and key resistance at $2,918 and $2,948.
