Monthly Archives: January 2025
Dollar Hinders by Fed Governor’s Dovish Remark

Written on January 17, 2025 at 5:50 am, by pumarketings
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
Policy Shift or Status Quo? BoJ’s Big Decision Looms!

Written on January 17, 2025 at 1:50 am, by pumarketings
Tuesday, 21 January 2025, 09:00 – UK Unemployment Rate (Nov) The latest official data from the UK’s Office for National Statistics (ONS) indicates that the unemployment rate increased to 4.3% in the three months leading up to October 2024. This increase was mainly attributed to higher business costs, particularly due to rising taxes like employerContinue Reading
Soft CPI Reading Boosts Wall Street

Written on January 16, 2025 at 5:04 am, by pumarketings
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