Trade war. Tariffs. Full employment. Why does inflation not increase? No pressure for wage increase. No pressure on prices due to tariffs. Relatively low oil price. FED will cut interest, ECD will follow the same path. Whereas Trump will impose tariffs on EU automobiles. I believe the correct one now is to be sold in EURUSD
Trade active
Here we go!
I believe that UE wants the devaluation of the euro. To gain advantages in international trade.
Trade active
FED cut only 25bps.
Note
The market is pricing more cuts in the US interest rate. But we must remember that the ECB will also do something to stimulate the European economy. And just like China and its currency, the euro can suffer if Trump imposes tariffs on the EU.
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