Good morning, afternoon or evening to all investingLive traders and welcome to the start of the new FX week.
EUR/USD 1.1610USD/JPY 151.82GBP/USD 1.3330USD/CHF 0.8018USD/CAD 1.3990AUD/USD 0.6505NZD/USD 0.5744
I’ll be back with weekend news soon!
The impactful news from Friday ICYMI:
investingLive Americas market news wrap: Trump lobs a hand grenade
And then, from late Friday:
Trump announces a 100% tariff on China in addition to current tariffs, but not immediately
And China responds over the weekend:
China: Rare earth export control measures are ‘legitimate’, blames US for rising tension
If its any help, I’m seeing some TACO moves already, some murmurings of Trump alraedy backing off. BRB with more on this:
Taco time: Crypto jumps as Vance says Trump willing to be reasonable negotiator
This article was written by Eamonn Sheridan at investinglive.com.