Monthly Archives: February 2025
Euro Gain on Merz Win
Written on February 24, 2025 at 5:48 am, by pumarketings
Market Summary The U.S. dollar extended its decline, hitting a new 2025 low, as markets digested weaker-than-expected U.S. economic data last week despite the Fed’s hawkish tone in the latest FOMC meeting minutes. The fading confidence in the U.S. economy weighed not only on the greenback but also on Wall Street, which slumped further amidContinue Reading
Weak US Data Sinks Dollar, Gold Rises Amid Ceasefire Uncertainty
Written on February 21, 2025 at 5:32 am, by pumarketings
Market Summary The U.S. dollar extended its losses sharply following disappointing economic data, fueling concerns over slowing economic momentum. Initial jobless claims surged to 219K, missing expectations of 215K, while the Philadelphia Fed Manufacturing Index also came in below forecast at 18.1. The weaker data added to growing pessimism about the U.S. economic outlook, despiteContinue Reading
Inflation Jitters? All Eyes on PCE Next Week!
Written on February 21, 2025 at 2:47 am, by pumarketings
Tuesday, 25 February 2025, 17:00 – US CB Consumer Confidence (Feb) The latest U.S. CB Consumer Confidence Index (CCI) fell to 104.1 in January 2025, down from a revised 109.5 in December 2024. This decline was driven by increased concerns about labor market conditions, persistent inflationary pressures, and growing economic uncertainty. Consumers reported a weakerContinue Reading
