Monthly Archives: July 2025
Dollar Strengthens on Fresh Tariff Measures as Markets Eye Trade Uncertainty
Written on July 9, 2025 at 3:38 am, by
Key Takeaways:*The Dollar Index rose to 97.84, a two-week high, after President Trump unveiled a surprise 50% tariff on imported copper alongside broader tariff hikes targeting 14 nations *The move is viewed as an attempt to counterbalance fiscal concerns sparked by the recently passed “Big and Beautiful” tax cut bill, which had previously pressured theContinue Reading
Kiwi Slips Ahead of RBNZ Rate Decision as Markets Eye Chinese CPI
Written on July 9, 2025 at 3:38 am, by
Key Takeaways:*The New Zealand dollar softened as markets brace for the RBNZ policy meeting, with most economists expecting rates to remain on hold at 3.25%. *Tomorrow’s China CPI release could influence the NZD, with signs of Chinese economic recovery potentially offering near-term support for the currency. Market Summary: The New Zealand dollar softened in theContinue Reading
Global Markets Rattled as U.S. Tariff Threats Escalate, Dollar Heads Lower
Written on July 9, 2025 at 3:37 am, by
Key Takeaways:*The White House announced sweeping tariff increases on a broad range of countries—Japan, South Korea (25%), Indonesia (32%), Thailand (36%), and others—reviving concerns over escalating global trade tensions. *The Dow Jones tumbled over 400 points while the U.S. dollar softened, as risk sentiment soured on fears of retaliatory actions and geopolitical uncertainty. Financial marketsContinue Reading
