Day: January 20, 2025

Mexican Peso rises amid delayed Trump tariffs

Mexican Peso strengthens on news of a postponed tariff plan by the incoming Trump administration. The upcoming US-Mexico border emergency declaration could reintroduce tension, impacting Peso’s trajectory. Banxico’s Deputy Governor Heath suggests a dovish inflation stance, manageable without excessive tightening. submitted by /u/Demblin [link] [comments]

EUR/USD moves higher amid risk-on mood ahead of Trump’s inauguration

EUR/USD recovers to near 1.0320 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target. submitted by /u/Demblin [link] [comments]

We certainly won’t be bored: Donald Trump to sign 200+ executive orders tomorrow.

The network’s White House correspondent Jacqui Heinrich tweeted the following list of what the orders will do: Close the border to all illegal aliens via proclamation and declare a national emergency at the border Direct designations of cartels as foreign terrorist organizations Re-institute “Remain in Mexico,” end “Catch and Release,” and direct the military to construct a new phase of the border wall “Fully unleash” Alaskan energy, terminate Biden policies that have “constrained US supply” Return federal workers to in-person work Strengthen control over senior government officials and implement a new merit-based hiring review Suspend security clearances for the 51 national security officials who “lied” about Hunter Biden’s laptop ahead of the 2020 presidential election End all DEI programs across the federal government Establish a new Department of Government Efficiency hiring freeze Declare a national energy emergency and pause all offshore wind leases Withdraw from the Paris Climate Accord Direct all agencies and departments to remove all federal actions that increase costs for families and consumers Source: https://www.yahoo.com/news/trump-sign-more-200-executive-011043702.html submitted by /u/FXgram_ [link] [comments]

BTC: 108K

submitted by /u/XGramatik [link] [comments]