Dollar, Bitcoin, Treasury Yields Ease as Investors Weigh Trump’s Approach to Tariffs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
0mins
Source: WSJ
Market Reactions to Trump's Speech: The dollar declined against various currencies and the yield on the 10-year Treasury decreased, while bitcoin retreated from its recent highs following President Trump's inaugural speech, which did not announce immediate broad tariffs.
Currency Volatility: Investors experienced volatility in currency markets as they adjusted to the new administration, with the dollar initially rising against the Canadian dollar and Mexican peso after Trump announced a 25% tariff on imports from those countries set to take effect on February 1.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
