Tag: Europe

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Trump’s poorly played short term currency policy exposes Europe’s long term currency complacency …

From my trading desk … FX Street is reporting today that traders of the EUR/USD should expect continued slides in the euro. I concur in their assessment given what I saw in the charts on the NADEX from 10:00 am yesterday morning to 11:00 pm that evening. The EUR/USD went from a close of 1.16375 … Continue reading Trump’s poorly played short term currency policy exposes Europe’s long term currency complacency …

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Will the EUR/USD be impacted by France’s recognition of a Palestinian state?

According to a report in Reuters, France intends to recognize a Palestinian state during the United Nations General Assembly this September. Reuters quotes France’s president Emmanuel Macron as saying, “True to its historic commitment to a just and lasting peace in the Middle East, I have decided that France will recognise the state of Palestine.”  … Continue reading Will the EUR/USD be impacted by France’s recognition of a Palestinian state?

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U.S.-Eastern Caribbean Interbank Market News Scan as of 11:00 am AST: Trump’s tariffs on Venezuela appears to have little impact on the Eastern Caribbean; European money supply increases.

What we are reading today … White House. Venezuela. Tariffs. “On or after April 2, 2025, a tariff of 25 percent may be imposed on all goods imported into the United States from any country that imports Venezuelan oil, whether directly from Venezuela or indirectly through third parties.  Duties imposed by this order will be … Continue reading U.S.-Eastern Caribbean Interbank Market News Scan as of 11:00 am AST: Trump’s tariffs on Venezuela appears to have little impact on the Eastern Caribbean; European money supply increases.

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Currency, Interbank, and Money Market News Scan: Trump’s conservative approach to constitutional power makes him look expansive.

The takeaway The markets and the general public are sliding down the rabbit hole of bewilderment as President Trump’s “will I tariff or will I not” approach to America’s trading partners have introduced more uncertainty to US investors. In some ways, this is the fault of investors themselves. I shed no tears for investors who … Continue reading Currency, Interbank, and Money Market News Scan: Trump’s conservative approach to constitutional power makes him look expansive.

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Currency and money markets news scan: Three Fed reference rates see an uptick. China, Japan receive warning about weakening currency.

The takeaway: As Trump seeks to weaken the US currency, he calls out Japan and China for doing likewise. Joseph Adinolfi yesterday wrote for MarketWatch that supporters of President Trump as well as members of the administration would like the President to consider policy that would weaken the US dollar while maintaining the dollar’s status … Continue reading Currency and money markets news scan: Three Fed reference rates see an uptick. China, Japan receive warning about weakening currency.