The forex markets are experiencing a lull today, with little movement in the absence of significant economic releases during European and early US sessions. The much-discussed non-farm payroll revision and the release of FOMC minutes later today are unlikely to spark significant volatility. Instead, markets are likely to remain subdued until tomorrow’s PMI data from […]
Feb 20, 2025
Dollar Slips as Markets Dismiss Tariff Talk, Yen and Aussie Firm Up
Dollar is broadly weaker in today’s Asian session, though losses remain contained outside of its sharper decline against Yen. US President Donald Trump reiterated his intention to impose 25% tariffs on cars, semiconductors, and pharmaceutical imports, but markets are showing growing indifference to these repeated trade threats. The lack of clarity on how these tariffs […]
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