The US dollar (USD) is negotiated mixed in front of the main currencies in a session where the appetite for the risk seems to be faltered, says Shaun Osborne, head of FX of FX of Scotiabank.
The renewed approach to tariffs pushes the yields of the bass
“After a period of tariff calm, and in the midst of a relatively quiet period for data publications, yesterday’s comments from President Trump that seem to confirm that tariffs on Canada and Mexico are still underway have disturbed the markets again .
“Global actions are slightly mixed but they are clearly having difficulty advancing. After a slight increase from the minimum of Friday, the DXY could advance a little more in the short term. But the broader pattern of trade in the USD continues to follow Up close to the initial period after Trump’s victory in his first mandate, something that more sales strategists are noticing. extend. ”
“While the tariff uncertainty persists, the USD seems to be somewhat overvalued at least in relation to the tariff actions that have been applied so far (only additional tariffs on China) and, perhaps, what could eventually arise. US Housing data, consumer confidence of the Board Conference and the manufacturing index of the Richmond Fed this morning Barkin (not voter) will speak today. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
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