USD flows: Another partial climbdown from Trump, uncertainty persists

April 9, 2025 6:12 PM UTC

Stocks have surged on the latest Trump announcement, a 90-day pause on tariffs with the reciprocal rate lowered to an across the board 10%, coupled with a fresh escalation with China, moving to 125% from 104%.  It appears China’s retaliation has given Trump an excuse to partially back down elsewh

USD flows: Mixed tariff bag, some relief for Canada and Mexico, Japan and EU hit

April 2, 2025 9:30 PM UTC

The Trump tariff announcement is a mixed bag, with some relief for Canada and Mexico but aggressive action on Japan and the EU, as well as several developing nations.  The net impact is probably not much off expectations for the US economy, which will face somewhat higher inflation and somewhat slo

Chart USD/MXN Update: Gains to remain limited in consolidation

May 13, 2024 4:15 PM UTC

The anticipated break below 16.8000 has met buying interest above congestion support at 16.650