The New York Times cites a senior Canadian government official who said that Ottawa is not optimistic a real off-ramp from tariffs exists for Canada in the way it materialized for Mexico. Here’s the tweet from the NYT reporter: This article was written by Adam Button at www.forexlive.com.
Read MoreThe GBP/USD has fully erased the declines caused by the weekend’s tariff news, driven by the positive US/Mexico truce, which is expected to last at least through the next month. This recovery has been significant, as the pair has regained its footing in the market following the negative…
Read MoreThe USD/JPY initially moved lower into the US open, driven by risk-off sentiment as investors sought the relative safety of the Japanese yen. This move stood in contrast to the overall trend of US dollar buying. However, following the US-Mexico truce, which is set to last at least…
Read MoreLate yesterday Trump said the European Union “is really out of line”, while the UK is “out of line but I’m sure that one, I think that one can be worked out”. The Telegraph cites a source in the Trump administration but that there wasn’t a broad agreement.…
Read MoreThe Atlanta Fed Pres. Bostic is speaking and says: The current degree of uncertainty has broadened considerably Tariffs are an aspect of uncertainty; challenging to figure out how to incorporate it Because things are changing so rapidly the most important thing to do is ask questions of business…
Read MoreTrump signed Executive Order to create a sovereign wealth fund. Says will be doing something perhaps with TikTok if we can make the right deal. TikTok could go in sovereign wealth fund Says Elon Musk is access only to letting people go if we need to Does the…
Read MoreCanada should use military for border surveillance Calls for 2000 extra border agents If it worked for Mexico, it should work for Canada (although the border is much larger). This article was written by Greg Michalowski at www.forexlive.com.
Read MoreOver the past few years, Wyoming, a landlocked state in the U.S. Mountain West, has embarked on a journey to become a blockchain pioneer. With a bold vision of creating an attractive cryptocurrency and blockchain ecosystem, the state’s crypto-friendly laws have positioned Wyoming as the most welcoming state…
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