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Trump claims US trade deficit decreased by 78 percent due to tariffs
thehill50d ago

Trump claims US trade deficit decreased by 78 percent due to tariffs

President Trump on Wednesday claimed that the U.S. trade deficit has fallen by 78 percent because of tariffs. “THE UNITED STATES TRADE DEFICIT HAS BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS BEING CHARGED TO OTHER COMPANIES AND COUNTRIES,” the president said in a post on his Truth Social platform. “IT WILL GO INTO POSITIVE...

#ECONOMY
US Stock Market | Fed rate checks on dollar–yen spark intervention speculation
economictimes_indiatimes50d ago

US Stock Market | Fed rate checks on dollar–yen spark intervention speculation

The US Federal Reserve sought market quotes on the dollar-yen exchange rate last month. This uncommon step, requested by the US Treasury, stirred speculation about potential coordinated action between Washington and Tokyo. The development drew attention in currency markets. The move contributed to a strengthening of the Japanese yen against the dollar.

#STOCKS
Pound Sterling Plummets: GBP/USD Struggles Below 1.3500 as BoE Rate Cut Fears Intensify
bitcoinworld50d ago

Pound Sterling Plummets: GBP/USD Struggles Below 1.3500 as BoE Rate Cut Fears Intensify

BitcoinWorldPound Sterling Plummets: GBP/USD Struggles Below 1.3500 as BoE Rate Cut Fears IntensifyLONDON, March 2025 – The Pound Sterling faces sustained pressure this week, grappling to hold ground near a concerning four-week low against a resilient US Dollar. The GBP/USD pair, a critical barometer of UK economic sentiment, now trades decisively below the psychologically significant 1.3500 level. This decline primarily stems from shifting market expectations, which now [...]This post Pound Sterling Plummets: GBP/USD Struggles Below 1.3500 as BoE Rate Cut Fears Intensify first appeared on BitcoinWorld.

#FOREX
Mkts rally for 3rd day supported by fag-end buying
thehansindia50d ago

Mkts rally for 3rd day supported by fag-end buying

Mumbai:Benchmark equity indices Sensex and Nifty rose for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares. The 30-share BSE Sensex jumped 283.29...

#STOCKS
USD/CHF Holds Steady Above 0.7700 as Traders Await Critical Swiss Trade Balance Data
bitcoinworld50d ago

USD/CHF Holds Steady Above 0.7700 as Traders Await Critical Swiss Trade Balance Data

BitcoinWorldUSD/CHF Holds Steady Above 0.7700 as Traders Await Critical Swiss Trade Balance DataZURICH, SWITZERLAND – The USD/CHF currency pair demonstrates notable stability, trading just above the 0.7700 psychological level as global financial markets adopt a wait-and-see stance. Consequently, traders worldwide now focus intently on the imminent release of Switzerland’s pivotal Trade Balance data. This key economic indicator possesses significant potential to influence the Swiss Franc’s valuation and [...]This post USD/CHF Holds Steady Above 0.7700 as Traders Await Critical Swiss Trade Balance Data first appeared on BitcoinWorld.

#FOREX