George Saravelos, lead FX strategist at Deutsche Bank, says the Dollar's slump following Tuesday's tariff announcement by Donald Trump was not something he would have expected at the start of the year.
Dollar's Tariff Reaction Stumps Traders
- Category: USD
The Dollar's fall following Tuesday's tariff announcement has caught market participants and analysts off guard.
Trump Tariffs Backfire for the Dollar
- Category: USD
Tariffs and DOGE are hitting confidence and raising bets that the Federal Reserve will need to cut more.
Pound Sterling fell against the Dollar last week but could resume higher if the U.S. prints underwhelming data and Trump delays tariffs on Canada and Mexico.