Goldman Sachs shared its prediction about US Federal Reserve actions.
They expect no interest rate cuts at the January meeting.
The Federal Reserve is likely to hint at slower rate cuts in the future.
This may be discussed in the Federal Open Market Committee meeting this week.
THE DOLLAR'S DECLINE MIRRORS WIDESPREAD RELIEF AMONG INVESTORS U.S. stock futures soared as Trump began his second term, with expectations of bold executive actions to boost the economy. Contrary to expectations, Trump did not impose new tariffs immediately. Instead, he directed federal agencies to review current trade
USD/JPY DROPS BACK UNDER 155.00 TO FRESH LOW FOR THE DAY USD/JPY fell below 155.00, hitting a new low for the day. The USD had risen earlier after Trump mentioned considering 25% tariffs on Mexico and Canada. Trump is considering imposing tariffs by February 1, but
USD/CAD HOLDS GAINS NEAR 1.4450 ON TRUMP'S REMARKS ON TARIFFS USD/CAD held near 1.4445, up 0.94% in Tuesday’s Asian session. Trump suggested imposing 25% tariffs on Canada and Mexico in February. The Canadian Dollar weakened due to Trump's remarks on
JAPAN MOF'S MIMURA COMMENTS ON ECONOMIC OUTLOOK AND BOJ POLICIES Japan’s Ministry of Finance (MOF) official Mimura emphasized the need to monitor the sustainability of China's recent export growth. Mimura noted weak real consumption in Japan. He also highlighted the importance of watching the new