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FX.co ★ Trader’s calendar on January 31: Deepseek to lead to tariffs and usd growth?

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Forex TV:::2025-01-30T09:53:37

Trader’s calendar on January 31: Deepseek to lead to tariffs and usd growth?

While the US dollar surged on new tariff warnings from Trump, a Chinese AI model emerged like a genie from a bottle, raising doubts about the future of the US grand Stargate project. These "star gates" might lead investors nowhere, as training DeepSeek V3 costs $5.6 million.For comparison, training GPT-4 cost US-based OpenAI over $100 million. It is worth wondering whether Donald Trump will introduce tariffs against China soon—perhaps as early as February 1. But for now, let us look at the economic data that will close out the last trading day of January.

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