-
Temporary relief on US trade triggers a dollar correction
The fact that trade policy did not feature prominently in President Donald Trump’s inauguration speech has triggered a decent correction lower in the dollar. We cannot rule out a near-term extension when US financial markets fully reopen on Tuesday, but this looks more like a temporary setback for dollar bulls. President Trump declared two emergencies today: one on the southern border to address his immigration agenda and one for national energy, which will allow more US drilling of oil and gas. The latter is marketed as a means of lowering US inflation. There was no national emergency today in the economy – a ... (full story)
- Comments
- Subscribe
-
- Older Stories
From fxstreet.com|Jan 20, 2025The Mexican Peso (MXN) rallied against the US Dollar (USD) on Monday ahead of United States (US) President Donald Trump's inauguration. An article in The Wall Street Journal ...
From brookings.edu|Jan 20, 2025Among President Donald Trump’s major preoccupations throughout the 2024 campaign was an oft-repeated desire to “demolish” the “deep state.” He aims to reduce not only the army of ...
From finance.yahoo.com|Jan 20, 2025A gauge tracking emerging market currencies held onto gains following President Donald Trump’s inaugural speech after he was sworn in as the 47th president. The MSCI EM currency ...
-
- Newer Stories
From bnnbloomberg.ca|Jan 20, 2025|4 commentsA who’s who of the world’s wealthiest people surrounded President Donald Trump as he took the oath of office — gathering a combined net worth exceeding $1.3 trillion for the ...
From forex.com|Jan 20, 2025No immediate tariff implementation from the Trump Administration sparked a sharp rally in cyclical assets on Monday, particularly those tied to China, as markets quickly unwound ...
From orbex.com|Jan 20, 2025Last week’s inflation figures out of the UK radically shook up expectations for rate cuts this year. The views of the market and economists opened a gap, suggesting there is room ...
- Story Stats
- Posted: Jan 20, 2025 4:51pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,033
