Tuesday , 11 February 2025
Home Forex DXY: Boosted by tariff threats – OCBC
Forex

DXY: Boosted by tariff threats – OCBC

US Dollar (USD) drifted higher on tariff headlines. Trump just announced plans to impose 25% tariffs on steel and aluminium imports (no mention of effective date) and last Fri, he spoke about introducing reciprocal tariffs this week.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EUR/USD wobbles ahead of Fed Powell’s testimony

EUR/USD ticks higher but is broadly sideways around 1.0300 in Tuesday’s North...

US Dollar braces for speech from Fed Chairman Powell at Capitol Hill

The US Dollar Index (DXY), which tracks the performance of the US...

Forexlive European FX news wrap: Awaiting the Fed Chair Testimony

US January NFIB small business optimism index 102.8 vs 104.6 expectedUS vice...

Mexico Industrial Output (YoY) declined to -2.7% in December from previous -1.4%

Mexico Industrial Output (YoY) declined to -2.7% in December from previous -1.4%