Monthly Archives: January 2025
41654156156All Eyes on BoJ’s Interest Rate Decision Tomorrow
Written on January 23, 2025 at 5:51 am, by pumarketings
Market Summary The excitement surrounding Donald Trump’s return to the White House subsided in the last session, with both the dollar and Wall Street trading in a more subdued manner. Attention now shifts to tomorrow’s Bank of Japan (BoJ) interest rate decision. If the BoJ raises rates to an 18-year high, it could tighten globalContinue Reading
USD/CAD Rose Amid Tariff Woes
Written on January 23, 2025 at 2:12 am, by pumarketings
Fundamental Analysis * Levy Loom: The Canadian Dollar weakened against the U.S. Dollar as traders continued to evaluate President Trump’s policies and tariff concerns. Late Tuesday, U.S. President Donald Trump announced plans to implement 25% tariffs on Canada and Mexico, along with duties on China and the European Union, starting February 1. These remarks pressuredContinue Reading
