From Investing.com: 2025-01-07 05:33:00

Trump’s tariff plans could be scaled back, easing concerns and causing the dollar to drop after hitting a 25-month high. Despite Trump’s denial, Fed rate bets remain unchanged, with nearly two quarter-point reductions expected this year. German inflation data lifts the euro, but a bullish trend reversal remains uncertain due to policy divergence and political crises. Nasdaq and S&P 500 gain on tech stock rally, driven by Microsoft’s AI data center investment. Further gains in risk-linked assets are possible if Trump’s policies prove less aggressive and Fed officials remain patient.



Read more at Investing.com: US Dollar Falls on Reports About Trump Softening Tariff Plans