Sources
Marc Chandler
US to Impose Tariffs in 2-3 Weeks as Administration "Lacks Capacity" to Negotiate with Everyone: Overview: While the US dollar is mostly a little softer today against the G10 currencies, it remains mostly within Wednesday's range. The yen is a notable… https://t.co/ald2B6LECP https://t.co/TciZs2cTfa
- Marc Chandler
Two things: 1. POTUS say US to impose tariffs in 2-3 weeks unilaterally as lacks capacity to negotiate with the world. 2. US has signaled intent to cut Supplemental Leverage Ratio, which makes Tsy holdings more attractive blunting de-risking by Europe. https://t.co/yQfIMCVdAo
- Marc Chandler
$USD is mostly consolidating, but risk is North American session responds stronger to POTUS announcement US will simply announce tariffs in next 2-3 weeks as it "lacks capacity" to negotiate with everyone. Hmmm... https://t.co/yQfIMCVdAo https://t.co/SfQpSexC2i
