BABA sinks below $106 on Monday, down more than 10%. Dow Jones sinks over 2%. Asian stock plunge on trade war triggered by Trump tariffs.…
EUR/USD was seen around the 1.0900 area on Monday, retreating after testing higher ground earlier in the session. The broader trend remains constructive, with key…
United States (US) President Donald Trump continued his trend of issuing decrees via social media on Monday, lashing out over China’;s tit-for-tat tariff retaliation last…
European Union trade commissioner Maros Sefcovic said on Monday that a range of tariffs is hitting 380 billion Euros worth of EU exports of the…
Pound Sterling slumps as Trump tariffs send shockwaves to global economy The Pound Sterling (GBP) gives up its intraday recovery move and tumbles to near 1.2800…
NASDAQ sinks 4% before shooting higher on tariff pause rumor. CNBC says White House unaware of tariff pause rumor. S&P 500 sinks to January 2024…
Silver price bounces back sharply to near $30.30 as market expectations for the Fed to cut interest rates in June swelled. Fed Powell warned that Trump…
Kevin Hassett, Director of the US National Economic Council (NEC), told CNBC on Monday that US President Donald Trump is considering a 90-day pause in…
USD/CAD gains to near 1.4260 due to underperformance by the Canadian Dollar. Weak Canadian labor market data has prompted BoC dovish bets. Trump’s tariffs have…
We are revising our EUR/USD forecast higher to reflect a material shift in the structural drivers, Danske Bank’s FX analyst Frederik Romedahl reports. Europe’s fiscal…