With his proposed tariffs on Mexico now back in the box, President Trump has allowed Mexico 45 days to reduce the number of US-bound migrants...
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President Trump has hailed the deal reached with Mexico as a ‘triumph.’ He had announced a coercive tax on Mexican, which was less about any trade imbalance and more of a response to Central American migration to the US...
The President announced a coercive tax on Mexican goods which had less of a focus on any trade imbalance and more as a response to cross border migration...
For a second successive day the USD found itself in last position among the major currencies, losing an average of 0.4%. The US economic data, the economists and the Fed all contributed to its downfall.
The dollar did not get up to much on Monday. In most cases, narrow ranges were the order of the day and the USD was on average almost unchanged against...
Friday's data for second quarter gross domestic product were stronger than forecast.
The consumer price index data put headline inflation at 1.6, down from 1.8%, and core inflation excluding food and energy at 2.1%, up from 2.0%.
Jerome Powell made no overt commitment to a rate cut at the end of this month when he called on the House Financial Services Committee.
America's two PMIs, produced by ISM and Markit, were better than most of the offerings from elsewhere, with readings of 51.7 and 50.6.
Investors who had eagerly awaited the meeting of America's Trump and China's Xi at the G20 in Osaka were determined not to be disappointed at the outcome.
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