The cocoa market continues to sell off, with London cocoa pulling back aggressively. The nearly 11% drop yesterday has cocoa trading at its lowest level…
During President Trump’s first term in office, we felt the sequencing of tax cuts (late 2017) and then tariffs (March 2018-August 2019) were key reasons…
CAD and MXN depreciated at the back end of last week, but are still not pricing 25% tariffs as the baseline, ING’s FX analysts Francesco…
The euro’s outlook remains tied to developments on US tariffs and on Ukraine peace talks, ING’s FX analysts Francesco Pesole notes. EUR/USD to move back…
Markets have been here before with tariff threats and there are still four days for deals to be cut, ING’s FX analysts Chris Turner notes.…
USD/CAD rallied yesterday as Trump outlined a tariff schedule that explicitly includes duties on Canada and Mexico from 4 March, ING’s FX analyst Chris Turner…
Despite all the geopolitical noise, EUR/USD has not strayed too far from short-term rate differentials, ING’s FX analysts Chris Turner notes. EUR/USD correction above 1.05…
Oil prices continued to trend lower yesterday amid uncertainty over the outlook for tariffs, a dynamic overshadowing sanction risks. After imposing additional sanctions on Iran’s…
Having been under pressure on a weak set of consumer confidence readings, the dollar has found a little support overnight on news that the House…
And it now looks like USD/CAD is the FX market’s lightning rod for the tariff story, ING’s FX analysts Chris Turner notes. Tariffs are not…