Investors watch the 10-year US Treasury yield with the Fed’s upcoming decision and Trump’s policy impact.
The yield on the 10-year US Treasury note remained steady at around 4.43% on Thursday, close to a four-month high, as investors awaited the Federal Reserve's policy decision. The Fed is expected to announce a 25 basis point rate cut later today, with traders watching for indications of another potential cut in December.
On Wednesday, the benchmark yield surged by 20 basis points following Donald Trump's decisive victory in the US presidential election. Republicans also regained control of the Senate, opening the door to significant legislative changes, while control of the House remains uncertain. Trump's proposed policies, including restricting illegal immigration, raising tariffs, cutting taxes, and deregulation, are predicted to drive growth and reduce inflation. Expectations of increased government spending and debt also contributed to the rise in Treasury yields.
Dollar Slips on Tariff Fears and Fiscal Woes (26 - 30 May, 2025)The dollar index held near 99.5 on Friday, its lowest in over two weeks, as Trump’s proposed 50% tariffs on EU goods and widening U.S. fiscal concerns pressured sentiment. The euro touched $1.137 before easing to $1.13, set for a weekly gain, supported by solid German data but capped by weak PMI and ECB rate cut bets. The yen rose to 143.6, gaining over 1% this week after core inflation hit a two-year high at 3.5%. The pound climbed above $1.347 on strong UK retail sales, improved confidence, and falling energy prices, though inflation at 3.5% kept BoE cut expectations in play.
Detail Euro Rebounds, Gold Holds Ground (05.23.2025)EUR/USD rebounded near 1.1330 as Treasury yields fell and traders awaited Eurozone GDP data.
Detail
Memorial Day (26-27 May, 2025)Trading conditions for certain instruments will be changed due to the Memorial Day Holiday on 26 and 27th May, 2025.
DetailThen Join Our Telegram Channel and Subscribe Our Trading Signals Newsletter for Free!
Join Us On Telegram!
