GBP/USD climbs despite Trump’s auto tariffs, markets bet on UK exemption The Pound Sterling (GBP) rises during the North American session against the Greenback even…
Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock. Trump enacts 25% tariffs on all auto imports,…
Sterling gains 0.35% as high-beta currencies benefit from improved sentiment despite initial tariff shock. Trump enacts 25% auto tariffs effective April 2; UK says talks…
Gold price rallies 0.70% on Thursday after the US President left fresh tariff comments overnight. Trump signed a proclamation to implement 25% tariffs on auto…
WTI declines as markets evaluate the impact of US President Donald Trump’s auto tariffs. India’s Reliance Industries, the world’s largest Oil refinery, is reportedly planning…
Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Thursday that they have “once again, asked the US to exempt Japan from auto tariffs.” Further comments…
The Australian Dollar weakens as risk-off sentiment increases amid concerns over impending US auto tariffs. The AUD could find support as investors anticipate the Reserve…
US President Donald Trump will allow up to a one-month reprieve for auto parts imports from his proposed 25% automobile tariffs, per Reuters. The proclamation…
USD/CAD recovers to near 1.4305 in Wednesday’s late American session. Trump announced 25% tariffs on car imports to the US. BoC Minutes showed the central…
One way to answer this question is to look at the auto sector. This is where things get interesting. Car manufacturing is a truly global…