INTERNATIONAL HIGHLIGHTS
Fed Rate Cut Expectations revised down
The EUR/USD pair depreciated by -0.33% this week to 1.0328.
Trump decided to suspend for 1 month the tariffs increase against Canada and Mexico following negotiations to strengthen border security. The additional tariffs of 10% against China, meanwhile, were maintained. In response, China decided to impose
import tariffs between 10% and 15% on American cars, agricultural machinery and energy products.
These new tariff tensions would fuel new inflationary pressures, which led the markets to revise downwards their expectations of Fed’s monetary easing in 2025.
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Sur le même thème
MAD Insights of February 7th 2025
Key rate: ECB reduces its deposit facility rate to 2.75% The EUR/USD pair depreciated by -1.29% this week to 1.0362.
MAD Insights of January 31st 2025
Uncertainties over Trump's tariff measuresThe EUR/USD pair appreciated by +2.18% this week to 1.0497 from a more than 2 years low.
MAD Insights of January 24th 2025
The EUR/USD pair appreciated by +0.28% this week to 1.0273, a low of more than 2 years. The consumer price index in the United States rose to 2.9% in December after 2.7% in November.
