Trump’s announcement of 25% tariffs on steel and aluminum imports, with no exemptions or exceptions, sparked concerns about a potential trade war on Monday.
USDJPY justifies Friday’s Doji candlestick while recovering from a two-month low.
US President Trump’s peace plan for Ukraine, tax priorities, and a missing aircraft near Alaska reignited geopolitical tensions, halting the US Dollar’s fall.
A lack of major risk-negative tariff news helped improve sentiment and put pressure on the US Dollar.
China's mild response to US tariffs and easing geopolitical tensions in Gaza and Ukraine helped boost market sentiment on Tuesday.
Monday saw volatility as the US Dollar surged due to news of Trump's tariffs on Canada, Mexico, and China.
US President Donald Trump has officially launched his long-discussed tariff war with Canada, Mexico, and China.
Trump’s tariff threats, mixed US data, geopolitical tensions, and rising demand from China and India have driven gold to its all-time high of $2,800 by early Friday.
After increased volatility around the FOMC, markets face lower liquidity ahead of today’s ECB Interest Rate Decision and Q4 GDP reports from Germany, the Eurozone, and the US.
Risk sentiment is shaky on Wednesday as traders prepare for major events, including monetary policy announcements from the Federal Reserve (Fed) and the Bank of Canada (BoC).
US President Donald Trump and incoming Treasury Secretary Scott Bessent kept tariff talk in focus, dampening market sentiment.
Donald Trump’s trade war with Colombia, disappointing economic data from China, and growing doubts over the Russia-Ukraine peace talks added to global uncertainty.
The Bank of Japan’s (BoJ) rate hike added to the market’s risk-on sentiment, contributing to the decline of the US Dollar Index (DXY) for a second consecutive day.
