Yen fell broadly during Asian session today, reversing all of this week’s earlier gains. Market sentiment has calmed somewhat despite the escalation in Russia’s war in Ukraine, as there is no clear intensification toward a nuclear conflict. US Treasury yields have stabilized after yesterday’s decline, and Gold’s rebound has also stalled. Attention now turns to […]
Speculation surrounding the incoming US administration’s tariff strategy continues to rattle global markets. Reports suggest that President-elect Donald Trump’s economic team is exploring a phased approach to tariffs, gradually increasing rates by 2% to 5% per month. This tactic, if adopted, would utilize executive powers under the International Emergency Economic Powers Act to maximize negotiation […]
The post Tariff Rumors Shake Markets Again, Dollar Retreats Ahead of PPI appeared first on Action Forex.
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