Donald Trump

FX Rate Updates

USD/JPY Softens Amid Tariff Uncertainty

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USD/JPY has softened to approximately 154.35 during the early Asian session on Monday, reflecting a decline of 0.46%. Trump announced an increase in global tariffs from 10% to 15%. Soft inflation data from Japan may dampen expectations regarding potential interest rate increases by the Bank of Japan. The USD/JPY pair sees some selling pressure near … Read more

FX Rate Updates

EUR/USD dips as Trump backs off tariff threats

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EUR/USD experienced a decline late Wednesday in the North American session, showing losses exceeding 0.30% as US President Donald Trump held back from his threats to impose tariffs on eight European nations amid discussions regarding Greenland. The EUR/USD pair experiences a decline of more than 0.30% following Trump’s decision to cancel the proposed tariffs associated … Read more