Forex
globalreutersJanuary 27, 20251 Mins read
MUFG warned about Trump imposing tariffs on Friday – “dollar higher for longer.”
globalreutersJanuary 27, 20251 Mins read MUFG in a not on Friday (yes … I’m a bit late to this):
- said the drop in the USD after Trump said he’d prefer not to impose more tariffs on China could be limited
- Trump is still more likely to enact new tariffs
- While Trump want lower rates and a lower USD his immigration, tax cuts, and tariffs policies means he is unlikely to get then
- which means US yilds and the dollar will be higher for longer
USD index, DXY
This article was written by Eamonn Sheridan at www.forexlive.com.
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