RSS USD losing ground on the 'gradual' tariff story

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 RSS USD losing ground on the 'gradual' tariff story

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The news is here ICYMI:


Bloomberg with the info, citing unnamed 'people familiar':

  • Members of Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting negotiating leverage while helping avoid a spike in inflation

Its sent the USD lower in thin trading here. AUD, yen, GBP, CHF all popped.

As did EUR:

This article was written by Eamonn Sheridan at www.forexlive.com.
 
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