Trump's Tariff Tantrum Sends Pound and Dollar on Wild Currency Rollercoaster
Key Points
- GBP/USD is steady at 1.2600 as traders react to Trump's tari...
Money markets are getting quite the workout today as the GBP/USD pair flexes at 1.2600, proving that even currencies need their cardio. Who knew financial instruments could be so high maintenance?
Tariffs and Tantrums: The Trump Effect
The pound took quite the beating last week after Trump unleashed his tariff tirade against Canada, Mexico, and China. Traders, being the anxious bunch they are, immediately ran for their financial bunkers faster than you can say "trade war."
PMI: Pretty Meaningful Indicator (Or Is It?)
Today's ISM Manufacturing PMI release has everyone on the edge of t...
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