Tariff talk driving bids back into the USD (USD/JPY excepted!)
This on tariffs: US Commerce Secretary Lutnick says Trump’s goal is to abolish the Internal Revenue Service Trumnp wants tariffs to replace internal tax revenue....
Tag : bids
Steady bids underping US equities while USD falls. No fear of tariffs
The market is increasingly calling the bluff on tariffs, even before they’re announced. Today’s ‘reciprocal’ tariff announcement initially left markets weary but after a CNBC...
Steady bids continue to support US equities but US dollar bounces
The risk trades in equities and FX are sending opposing signals late in the day. The S&P 500 has stretched to a fresh session high,...
Trump speaking – Will have many bids for TikTok, Don’t want China involved in TikTok
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
Yen finding a few bids after the Bank of Japan rate hike
The rate hike post is here: USD/JPY dipped lower on the Statement and forecasts. Its dropping further now. yen crosses lower alongside. The danger is...