Macro Mondays | REPLAY | Dollar Surges, Tesla Slips, and Oil Spikes to Start 2025! | 06|01|25

This week brought a range of notable market and economic developments. The U.S. dollar started the year on a strong note, reaching new cycle highs above 109. This strength pushed the EUR/USD to its lowest levels in over two years and led to significant discussions around global currency stability, with the USD/CNY breaking above 7.33—a move interpreted as a deliberate policy decision by China to weaken its currency. In manufacturing data, the U.S. ISM Manufacturing Index rose sl...