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#LitecoinETF ....Hey crypto fam! Today, February 21, 2025, Litecoin’s buzzing with #LitecoinETF rumors! 🚀 Analysts say an ETF approval could spike LTC’s price—currently hovering (up 3% today per CoinMarketCap). With Bitcoin’s ETF success ($60K+), Litecoin’s 84M supply cap makes it a hot contender. Experts predict a 20% jump if greenlit by the SEC, but regulatory hurdles loom. 😬 Trading volume hit $1.2B in the last 24 hours—solid momentum! Could this be Litecoin’s big break? Or just hype? Tell me your take below! 🤑✨ #LitecoinETF
#LitecoinETF ....Hey crypto fam! Today, February 21, 2025, Litecoin’s buzzing with #LitecoinETF rumors! 🚀 Analysts say an ETF approval could spike LTC’s price—currently hovering (up 3% today per CoinMarketCap). With Bitcoin’s ETF success ($60K+), Litecoin’s 84M supply cap makes it a hot contender. Experts predict a 20% jump if greenlit by the SEC, but regulatory hurdles loom. 😬 Trading volume hit $1.2B in the last 24 hours—solid momentum! Could this be Litecoin’s big break? Or just hype? Tell me your take below! 🤑✨ #LitecoinETF
#OnChainInsights . . . . . Binance's #onchaininsights reveal interesting trends! Whale activity on BTC remains steady, hinting at continued accumulation. ETH staking rewards are drawing more validators, securing the network further. Meanwhile, smaller cap alts are seeing increased wallet interaction, potentially indicating upcoming price movements. Remember to always DYOR before making any trading decisions based on these observations. Stay tuned for more on-chain analysis!
#OnChainInsights . . . . . Binance's #onchaininsights reveal interesting trends! Whale activity on BTC remains steady, hinting at continued accumulation. ETH staking rewards are drawing more validators, securing the network further. Meanwhile, smaller cap alts are seeing increased wallet interaction, potentially indicating upcoming price movements. Remember to always DYOR before making any trading decisions based on these observations. Stay tuned for more on-chain analysis!
#PriceTrendAnalysis .....How The Litecoin ETFs Could Drive LTC’s Price To $800 EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTC’s price to $800 at the end of the cycle.
#PriceTrendAnalysis .....How The Litecoin ETFs Could Drive LTC’s Price To $800
EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTC’s price to $800 at the end of the cycle.
#ActiveUserImpact . . . . . . If LTC (Litecoin) is showing a downtrend and performing weakly, here are a few key factors to analyze before making any move: 1. Support and Resistance Levels: Identify strong support levels where a potential bounce could occur. Check for resistance levels where a breakout might happen. 2. Moving Averages (MA): If the price is below the 50 or 200 MA, it indicates a bearish trend. A crossover of shorter MAs above longer MAs (e.g., 50 MA crossing above 200 MA) can signal a trend reversal. 3. Volume Analysis: Low volume with a downward trend suggests weak buying pressure. If volume starts increasing near support, a reversal might be possible. 4. RSI & MACD Indicators: RSI below 30 indicates oversold conditions, meaning a bounce could happen. MACD crossover above the signal line can indicate a bullish reversal. Next Possible Move for LTC: If it holds support and volume increases: A potential long (buy) opportunity. If it breaks support with high volume: The downtrend might continue, making it a short (sell) opportunity.
#ActiveUserImpact . . . . . . If LTC (Litecoin) is showing a downtrend and performing weakly, here are a few key factors to analyze before making any move:
1. Support and Resistance Levels:
Identify strong support levels where a potential bounce could occur.
Check for resistance levels where a breakout might happen.
2. Moving Averages (MA):
If the price is below the 50 or 200 MA, it indicates a bearish trend.
A crossover of shorter MAs above longer MAs (e.g., 50 MA crossing above 200 MA) can signal a trend reversal.
3. Volume Analysis:
Low volume with a downward trend suggests weak buying pressure.
If volume starts increasing near support, a reversal might be possible.
4. RSI & MACD Indicators:
RSI below 30 indicates oversold conditions, meaning a bounce could happen.
MACD crossover above the signal line can indicate a bullish reversal.
Next Possible Move for LTC:
If it holds support and volume increases: A potential long (buy) opportunity.
If it breaks support with high volume: The downtrend might continue, making it a short (sell) opportunity.
#TokenMovementSignals ..... .The Movement (MOVE) token, native to the Ethereum-based Layer-2 blockchain Movement Network, has experienced significant price fluctuations since its launch on December 9, 2024. Initially, MOVE's price surged by 50%, reaching a peak of $1.45 and achieving a market capitalization of $3 billion, placing it among the top 60 cryptocurrencies at that time. However, the token's value subsequently declined by 50%, trading at $0.68 as of December 13, 2024. Technical indicators such as the Aroon Down line at 100% and a Chaikin Money Flow (CMF) index of -0.15 suggest a strong bearish trend and increased selling pressure, indicating potential for further price decreases. Despite this downturn, there have been instances of positive momentum. On December 19, 2024, MOVE experienced a 10% increase over 24 hours, raising its market cap to $1.6 billion. The Relative Strength Index (RSI) at that time was 62, indicating potential for continued growth, with key resistance levels at $0.86 and $1.10, and critical support at $0.59. As of February 21, 2025, the current price of MOVE is $0.80. Investors should closely monitor these technical indicators and market trends when considering involvement with the MOVE token.
#TokenMovementSignals .....
.The Movement (MOVE) token, native to the Ethereum-based Layer-2 blockchain Movement Network, has experienced significant price fluctuations since its launch on December 9, 2024. Initially, MOVE's price surged by 50%, reaching a peak of $1.45 and achieving a market capitalization of $3 billion, placing it among the top 60 cryptocurrencies at that time.
However, the token's value subsequently declined by 50%, trading at $0.68 as of December 13, 2024. Technical indicators such as the Aroon Down line at 100% and a Chaikin Money Flow (CMF) index of -0.15 suggest a strong bearish trend and increased selling pressure, indicating potential for further price decreases.
Despite this downturn, there have been instances of positive momentum. On December 19, 2024, MOVE experienced a 10% increase over 24 hours, raising its market cap to $1.6 billion. The Relative Strength Index (RSI) at that time was 62, indicating potential for continued growth, with key resistance levels at $0.86 and $1.10, and critical support at $0.59.
As of February 21, 2025, the current price of MOVE is $0.80.
Investors should closely monitor these technical indicators and market trends when considering involvement with the MOVE token.
#MarketSentimentWatch ... .Why Market Sentiment Matters More Than You Think in Crypto! 🔥 You can have the best technical analysis, the strongest fundamentals, and the perfect entry… but if you ignore market sentiment, you’re still playing blind. 💡 Here’s the truth: Crypto isn’t just about charts and technology—it’s about emotions, crowd psychology, and hype cycles. 🚀 FOMO vs. Fear • When $SOL was $10, people were too scared to buy. Now at $150+, they think it’s “safe.” See the irony? • DOGE ran to $0.739 purely on hype. Those who understood sentiment took profits, while others held expecting $1—DOGE never recovered. 📉 Why Good Coins Still Dump • In 2022, $ETH dropped from $4K to $880. Did the tech suddenly become worse? No, but fear dominated the market. • $XRP ’s price barely moved after winning the SEC case. Why? The hype was already priced in before the ruling! 🎯 How to Use Sentiment Like a Pro ✅ Monitor Social Trends – Twitter, Reddit, and news headlines often signal moves before charts do. ✅ Be Contrarian – Buy when fear is extreme, take profits when euphoria is at its peak. ✅ Volume & Liquidations Matter – High leverage often leads to brutal squeezes—use this to your advantage. Ignoring sentiment means missing when to act. Fundamentals tell you what to buy, but sentiment tells you when to buy or sell. 📢 What’s your take? Do you factor in market sentiment, or are you all about technicals? Let’s discuss! ⬇️ #MarketSentimentWatch
#MarketSentimentWatch ...
.Why Market Sentiment Matters More Than You Think in Crypto! 🔥
You can have the best technical analysis, the strongest fundamentals, and the perfect entry… but if you ignore market sentiment, you’re still playing blind.
💡 Here’s the truth: Crypto isn’t just about charts and technology—it’s about emotions, crowd psychology, and hype cycles.
🚀 FOMO vs. Fear
• When $SOL was $10, people were too scared to buy. Now at $150+, they think it’s “safe.” See the irony?
• DOGE ran to $0.739 purely on hype. Those who understood sentiment took profits, while others held expecting $1—DOGE never recovered.
📉 Why Good Coins Still Dump
• In 2022, $ETH dropped from $4K to $880. Did the tech suddenly become worse? No, but fear dominated the market.
• $XRP ’s price barely moved after winning the SEC case. Why? The hype was already priced in before the ruling!
🎯 How to Use Sentiment Like a Pro
✅ Monitor Social Trends – Twitter, Reddit, and news headlines often signal moves before charts do.
✅ Be Contrarian – Buy when fear is extreme, take profits when euphoria is at its peak.
✅ Volume & Liquidations Matter – High leverage often leads to brutal squeezes—use this to your advantage.
Ignoring sentiment means missing when to act. Fundamentals tell you what to buy, but sentiment tells you when to buy or sell.
📢 What’s your take? Do you factor in market sentiment, or are you all about technicals? Let’s discuss! ⬇️ #MarketSentimentWatch
#WalletActivityInsights . Wallet Activity Spikes! What’s Happening Behind the Scenes? 🔍🔥 1️⃣ On-chain data shows a surge in wallet activity, with transactions skyrocketing across multiple networks. Are whales making moves, or is this retail FOMO? 🐳📊 2️⃣ Bitcoin and Ethereum wallets are waking up, with long-dormant addresses suddenly active. Are early adopters cashing out, or is something big brewing? ⏳💰 3️⃣ DeFi platforms are seeing higher wallet interactions, suggesting a shift towards staking, lending, and yield farming. Is this a sign of confidence or just short-term speculation? 🌾🔄 4️⃣ Meme coins and altcoins are witnessing unusual wallet transfers, sparking rumors of insider moves. Is this accumulation or just smart traders rotating capital? 🎭💎 5️⃣ With market volatility on the rise, wallet activity is a key signal. Are we gearing up for a rally, or is this just another fake-out? Drop your thoughts below! 👇🚀
#WalletActivityInsights
.
Wallet Activity Spikes! What’s Happening Behind the Scenes? 🔍🔥
1️⃣ On-chain data shows a surge in wallet activity, with transactions skyrocketing across multiple networks. Are whales making moves, or is this retail FOMO? 🐳📊
2️⃣ Bitcoin and Ethereum wallets are waking up, with long-dormant addresses suddenly active. Are early adopters cashing out, or is something big brewing? ⏳💰
3️⃣ DeFi platforms are seeing higher wallet interactions, suggesting a shift towards staking, lending, and yield farming. Is this a sign of confidence or just short-term speculation? 🌾🔄
4️⃣ Meme coins and altcoins are witnessing unusual wallet transfers, sparking rumors of insider moves. Is this accumulation or just smart traders rotating capital? 🎭💎
5️⃣ With market volatility on the rise, wallet activity is a key signal. Are we gearing up for a rally, or is this just another fake-out? Drop your thoughts below! 👇🚀
#GasFeeImpact ....Every blockchain transaction comes with a cost, and **gas fees** are at the heart of how networks like Ethereum function. These fees compensate miners or validators for processing transactions, ensuring network security and efficiency. But gas fees aren’t static—they fluctuate based on network congestion, transaction complexity, and user demand. This volatility can have a significant impact on everything from individual trades to large-scale DeFi operations, making gas fees a crucial factor in blockchain economics.
#GasFeeImpact ....Every blockchain transaction comes with a cost, and **gas fees** are at the heart of how networks like Ethereum function. These fees compensate miners or validators for processing transactions, ensuring network security and efficiency. But gas fees aren’t static—they fluctuate based on network congestion, transaction complexity, and user demand. This volatility can have a significant impact on everything from individual trades to large-scale DeFi operations, making gas fees a crucial factor in blockchain economics.
$LTC ... ....It appears that the topic of a Litecoin ETF is generating significant attention in the cryptocurrency world. Here's a breakdown of what I've found: * Canary Capital's Litecoin ETF: * Canary Capital has filed for a spot Litecoin ETF. * This proposed ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) website under the ticker LTCC. * It's important to note that this DTCC listing is a preparatory step, and the ETF still requires approval from the U.S. Securities and Exchange Commission (SEC). * Significance: * The potential approval of a Litecoin ETF could make it easier for a wider range of investors to gain exposure to Litecoin. * This could potentially lead to increased demand and price fluctuations for Litecoin. * Market Sentiment: * There are reports of increasing probabilities of a Litecoin ETF being approved. * It is clear that this is a developing situation, and that the crypto community is watching closely.
$LTC ... ....It appears that the topic of a Litecoin ETF is generating significant attention in the cryptocurrency world. Here's a breakdown of what I've found:
* Canary Capital's Litecoin ETF:
* Canary Capital has filed for a spot Litecoin ETF.
* This proposed ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) website under the ticker LTCC.
* It's important to note that this DTCC listing is a preparatory step, and the ETF still requires approval from the U.S. Securities and Exchange Commission (SEC).
* Significance:
* The potential approval of a Litecoin ETF could make it easier for a wider range of investors to gain exposure to Litecoin.
* This could potentially lead to increased demand and price fluctuations for Litecoin.
* Market Sentiment:
* There are reports of increasing probabilities of a Litecoin ETF being approved.
* It is clear that this is a developing situation, and that the crypto community is watching closely.
#LTC&XRPETFsNext? The Multi-Trillion Dollar Opportunity to Push XRP to New All-Time Highs!* 🚀 Hey crypto fam! 😎 Let’s talk about the *huge potential* XRP (Ripple) has right now! We’ve been hearing a lot of buzz around *XRP* recently, and for good reason—there’s a multi-trillion-dollar opportunity on the horizon that could push XRP to new all-time highs. 🌟 --- *What’s Happening?* 🤔 XRP, which is currently trading at $2.4674, is well-positioned for some major moves in 2025. Here’s why: 1. *Global Adoption of Blockchain and XRP* 🌍: As more and more financial institutions, banks, and governments look toward blockchain for faster and cheaper cross-border payments, XRP is at the forefront as a solution. 2. *Trillions in Global Payments* 💸: The cross-border payments market is worth trillions, and if XRP manages to capture even a small portion of that market, it could skyrocket in value. 3. *Partnerships and Collaborations* 🤝: XRP has already partnered with major institutions and continues to build out its network. The expansion of its utility will directly drive its value higher. 4. *XRP ETF* 📈: A potential ETF could bring in institutional investors, pushing demand for XRP even further and allowing it to reach new high.
#LTC&XRPETFsNext? The Multi-Trillion Dollar Opportunity to Push XRP to New All-Time Highs!* 🚀

Hey crypto fam! 😎 Let’s talk about the *huge potential* XRP (Ripple) has right now! We’ve been hearing a lot of buzz around *XRP* recently, and for good reason—there’s a multi-trillion-dollar opportunity on the horizon that could push XRP to new all-time highs. 🌟

---

*What’s Happening?* 🤔

XRP, which is currently trading at $2.4674, is well-positioned for some major moves in 2025. Here’s why:

1. *Global Adoption of Blockchain and XRP* 🌍: As more and more financial institutions, banks, and governments look toward blockchain for faster and cheaper cross-border payments, XRP is at the forefront as a solution.

2. *Trillions in Global Payments* 💸: The cross-border payments market is worth trillions, and if XRP manages to capture even a small portion of that market, it could skyrocket in value.

3. *Partnerships and Collaborations* 🤝: XRP has already partnered with major institutions and continues to build out its network. The expansion of its utility will directly drive its value higher.

4. *XRP ETF* 📈: A potential ETF could bring in institutional investors, pushing demand for XRP even further and allowing it to reach new high.
$BNB have been keeping an eye over the overall performance of the exchange for a month and what found out is that currently the market has lost more than 20% of its volume. Since the trend is still bearish, foresee a further downfall, gradually towards a market loss of 50% within the next two to three months. . . . . The major reason is that the Trump administration is likely to buy huge stake in BTC as reserves but they want the price to be round about 50k. The second option is XRP, which if reaches 1 USDT, they are going to invest in it heavily. Elon musk with other billionaire whales is after the halving of binance. So keep a steady eye, look for short future trades and avoid long ones. Don't go on propaganda articles and be realistic .
$BNB have been keeping an eye over the overall performance of the exchange for a month and what found out is that currently the market has lost more than 20% of its volume. Since the trend is still bearish, foresee a further downfall, gradually towards a market loss of 50% within the next two to three months. . . . .
The major reason is that the Trump administration is likely to buy huge stake in BTC as reserves but they want the price to be round about 50k. The second option is XRP, which if reaches 1 USDT, they are going to invest in it heavily.
Elon musk with other billionaire whales is after the halving of binance. So keep a steady eye, look for short future trades and avoid long ones. Don't go on propaganda articles and be realistic .
#BNBChainMeme The BNB Chain has become a hotspot for meme coins, fueled by its low fees and fast transactions. From dog-themed tokens to frog-inspired assets, meme coins thrive on speculation and community hype. Projects like Doge Killer, Shiba BSC, and Pepe derivatives pop up daily, with some delivering huge gains while others vanish overnight. Influencers, Telegram groups, and Twitter memes play a crucial role in pumping (or dumping) these tokens. However, rug pulls and scams are common, making research essential. Whether it's for fun or profit, BNB Chain remains a playground for degens chasing the next 100x meme coin. Thanks for reading 🙏
#BNBChainMeme The BNB Chain has become a hotspot for meme coins, fueled by its low fees and fast transactions. From dog-themed tokens to frog-inspired assets, meme coins thrive on speculation and community hype. Projects like Doge Killer, Shiba BSC, and Pepe derivatives pop up daily, with some delivering huge gains while others vanish overnight. Influencers, Telegram groups, and Twitter memes play a crucial role in pumping (or dumping) these tokens. However, rug pulls and scams are common, making research essential. Whether it's for fun or profit, BNB Chain remains a playground for degens chasing the next 100x meme coin.
Thanks for reading 🙏
#AltcoinRevolution2028 Altcoin Revolution 2028: A New Era of Crypto? 🌍💎 CryptoQuant’s CEO is sparking bold predictions about the future of altcoins—and 2028 could be a game-changer! 🔥🔮 As blockchain innovation accelerates, next-gen altcoins may reshape industries, from DeFi and AI to gaming and tokenized assets. 🎮⚡ 💡 What to Expect: ✅ Stronger Utility – Altcoins evolving beyond speculation! 🔗🚀 ✅ Mass Adoption – Real-world use cases driving demand! 🏦💳 ✅ Regulatory Clarity – A safer, more structured market! 📜✅ Are we entering the golden age of altcoins? What’s your 2028 vision? Let’s discuss! ⬇️💬 #AltcoinRevolution2028
#AltcoinRevolution2028 Altcoin Revolution 2028: A New Era of Crypto? 🌍💎
CryptoQuant’s CEO is sparking bold predictions about the future of altcoins—and 2028 could be a game-changer! 🔥🔮 As blockchain innovation accelerates, next-gen altcoins may reshape industries, from DeFi and AI to gaming and tokenized assets. 🎮⚡
💡 What to Expect:
✅ Stronger Utility – Altcoins evolving beyond speculation! 🔗🚀
✅ Mass Adoption – Real-world use cases driving demand! 🏦💳
✅ Regulatory Clarity – A safer, more structured market! 📜✅
Are we entering the golden age of altcoins? What’s your 2028 vision? Let’s discuss! ⬇️💬
#AltcoinRevolution2028
#BERAonBinance Berachain (BERA) Set to Explode: Why $100 Is Inevitable by the End of 2025 Berachain (BERA) is set for an explosive rise, and $100 by the end of 2025 is not just a possibility—it’s inevitable. With its cutting-edge Proof-of-Liquidity consensus model, Berachain is revolutionizing blockchain efficiency, attracting massive adoption from DeFi projects and institutions. Unlike traditional layer-1 chains, Berachain’s unique economic model ensures continuous demand for BERA, reducing sell pressure while driving scarcity. As more developers and enterprises integrate Berachain’s high-speed, low-cost transactions, the token’s value will surge exponentially.
#BERAonBinance Berachain (BERA) Set to Explode: Why $100 Is Inevitable by the End of 2025
Berachain (BERA) is set for an explosive rise, and $100 by the end of 2025 is not just a possibility—it’s inevitable. With its cutting-edge Proof-of-Liquidity consensus model, Berachain is revolutionizing blockchain efficiency, attracting massive adoption from DeFi projects and institutions. Unlike traditional layer-1 chains, Berachain’s unique economic model ensures continuous demand for BERA, reducing sell pressure while driving scarcity. As more developers and enterprises integrate Berachain’s high-speed, low-cost transactions, the token’s value will surge exponentially.
$BTC Bitcoin / Dollar intraday: The upside prevails as long as 96890 is support BTC may rise 2054.00 – 2964.00 USD Our Preference The upside prevails as long as 96890 is support. 101,980.00 Resistance 101,060.00 Resistance 100,150.00 Resistance 98,096.00 Last 96,890.00 Pivot 96,890.00 Support 95,360.00 Support 94,450.00 Support
$BTC Bitcoin / Dollar intraday: The upside prevails as long as 96890 is support
BTC may rise 2054.00 – 2964.00 USD
Our Preference
The upside prevails as long as 96890 is support.
101,980.00 Resistance
101,060.00 Resistance
100,150.00 Resistance
98,096.00 Last
96,890.00 Pivot
96,890.00 Support
95,360.00 Support
94,450.00 Support
#AICrashOrComeback there won't be another crash, soon the market will come back at its pace. AI tokens will take place over the memecoins I believe. Right now the AI sector has dropped a bit but you'll see when it grows back at the top. Relax for some time traders or holders who are holding these exclusives. Not so long when AI will dominate the market. I myself also hold AIXBT. so why fearing over AI tokens? This is the first rule of market to go down or upstairs, otherwise where's the fun? Let's hold AI tokens together because it will comeback strongly.
#AICrashOrComeback there won't be another crash, soon the market will come back at its pace. AI tokens will take place over the memecoins I believe. Right now the AI sector has dropped a bit but you'll see when it grows back at the top. Relax for some time traders or holders who are holding these exclusives. Not so long when AI will dominate the market. I myself also hold AIXBT. so why fearing over AI tokens? This is the first rule of market to go down or upstairs, otherwise where's the fun?
Let's hold AI tokens together because it will comeback strongly.
$BTC Bitcoin’s price action last week was nothing short of dramatic. We saw sharp swings, with both bulls and bears battling for control. Some traders capitalized on the volatility, while others stayed on the sidelines, waiting for clearer signals. With BTC testing key support and resistance levels, many are wondering what’s next. Will we see a breakout to new highs, or is a correction on the horizon? Sentiment remains divided—some believe institutional demand will push prices higher, while others warn of a pullback. What’s your take on Bitcoin’s recent movements? Are you buying the dip, taking profits, or just watching the market unfold? Let’s discuss! $BTC BTCUSDT Perp 101,701.1 -2.4%
$BTC Bitcoin’s price action last week was nothing short of dramatic. We saw sharp swings, with both bulls and bears battling for control. Some traders capitalized on the volatility, while others stayed on the sidelines, waiting for clearer signals.
With BTC testing key support and resistance levels, many are wondering what’s next. Will we see a breakout to new highs, or is a correction on the horizon? Sentiment remains divided—some believe institutional demand will push prices higher, while others warn of a pullback.
What’s your take on Bitcoin’s recent movements? Are you buying the dip, taking profits, or just watching the market unfold? Let’s discuss!
$BTC
BTCUSDT
Perp
101,701.1
-2.4%
#PCEInflationWatch Mexican Peso treads water as Trump tariffs coming on February 1 Mexican Peso erased gains of 0.61% and turns negatively as Trump's threat of 25% tariffs would be enacted. The White House denied Reuters’ report about US delaying tariffs implementation to March 1. Mixed US economic indicators and Fed commentary maintain cautious market sentiment. The Mexican Peso (MXN) erases some of its earlier gains and losses ground against the US Dollar (USD), down a minimal 0.07% on Friday, extending its drop after losing more than 1% on Thursday. The tariff trade continues to boost the Greenback, after The White House confirmed that President Donald Trump will enact 25% tariffs on Canada and Mexico, beginning on February 1. The USD/MXN trades at 20.72 after hitting a daily low of 20.45. Recently, US Press Secretary Karoline Leavitt emphasized that tariffs of 25% would be enacted on Canada and Mexico on February 1, sad that previous reports were wrong. She also added that Washington would apply 10% duties on goods imported from China. Following the report, the Greenback advanced and the Mexican Peso tumbled, as the USD/MXN soared above 20.70 and retested the daily high at 20.74. below 20.50. A Reuters report, citing unnamed sources, indicated that the US plans to impose tariffs until March 1. The article noted that former President Donald Trump is expected to announce the tariffs, which will include a process for countries to request exemptions on specific imports. Aside from this, the latest US inflation report and the Federal Reserve’s (Fed) preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index, increased in December as expected, exceeding November’s reading. In the twelve months to December, Core PCE remained unchanged compared to the latest figures. The data comes after the US GDP report for the last quarter was weaker than expected and following the Fed’s last monetary policy meeting.
#PCEInflationWatch Mexican Peso treads water as Trump tariffs coming on February 1
Mexican Peso erased gains of 0.61% and turns negatively as Trump's threat of 25% tariffs would be enacted.
The White House denied Reuters’ report about US delaying tariffs implementation to March 1.
Mixed US economic indicators and Fed commentary maintain cautious market sentiment.
The Mexican Peso (MXN) erases some of its earlier gains and losses ground against the US Dollar (USD), down a minimal 0.07% on Friday, extending its drop after losing more than 1% on Thursday.
The tariff trade continues to boost the Greenback, after The White House confirmed that President Donald Trump will enact 25% tariffs on Canada and Mexico, beginning on February 1. The USD/MXN trades at 20.72 after hitting a daily low of 20.45.
Recently, US Press Secretary Karoline Leavitt emphasized that tariffs of 25% would be enacted on Canada and Mexico on February 1, sad that previous reports were wrong. She also added that Washington would apply 10% duties on goods imported from China.
Following the report, the Greenback advanced and the Mexican Peso tumbled, as the USD/MXN soared above 20.70 and retested the daily high at 20.74. below 20.50.
A Reuters report, citing unnamed sources, indicated that the US plans to impose tariffs until March 1. The article noted that former President Donald Trump is expected to announce the tariffs, which will include a process for countries to request exemptions on specific imports.
Aside from this, the latest US inflation report and the Federal Reserve’s (Fed) preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index, increased in December as expected, exceeding November’s reading. In the twelve months to December, Core PCE remained unchanged compared to the latest figures.
The data comes after the US GDP report for the last quarter was weaker than expected and following the Fed’s last monetary policy meeting.
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