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The tariffs introduced by Trump yesterday on imports from various countries—20% on the EU, 34% on China, and 46% on Vietnam—have heightened uncertainty in the currency markets. As expected, these measures have contributed to increased volatility in major currency pairs. The actions of the White House administration have led to losses for the dollar, causing […]

The post Interest in the Dollar Declines Amid Trump’s Escalating Trade Wars appeared first on Action Forex.

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16/03/2024

Fed to Keep Rates Unchanged for a Fifth Meeting Even as Inflation Risks Lurk

The U.S. Federal Reserve is widely expected to stand pat on the fed funds range for a fifth consecutive meeting on Wednesday. But any shift in the monetary policy statement language will be closely watched after two straight months of upside surprises on inflation. Markets continue to expect the first interest rate cut in June […]
28/06/2024

Euro, Yen Under Pressure, USD Bid

Mood yesterday was mixed on a series of mixed economic and corporate news. In Europe, the business and consumer survey came in slightly lower than expected, the CAC 40 lost more than 1%, the Stoxx 600 fell. The German stocks did better than their European peers as some big names like Siemens and SAP outperformed, […]
13/12/2023

BoE Policy Decision: Keep It Neutral As It Can Go

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