The Swiss franc reaches a ten-year high, US asset confidence collapses, US dollar hegemony collapses, and global capital flees
On Friday (April 11th), the global financial market was hit by a storm, with the US dollar index plummeting 1.2% and falling below the 100 mark, hitting a new low of 97.71 since July 2023. …
- 2025-04-11
The Federal Reserve in the Mist of Tariffs: Policy Stalemate and Market Turbulence
The Trump administration's decision to temporarily suspend some tariffs is like pressing the pause button in a storm, but it has not changed the course of the Federal Reserve's giant ship. …
- 2025-04-11
EUR/USD rises to 1.1350 as market lowers expectations for European Central Bank rate cuts
The euro against the US dollar (EUR/USD) continued its upward trend during the Asian session on Friday, closing near 1.1350 for the second consecutive day of gains. Mainly benefiting from the EU's announcement of a 90 day suspension of the new 25% tariff on the United States, buying time for trade negotiations.
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- 2025-04-11
The US House of Representatives forcibly passes the Republican budget blueprint, and the battle to renew Trump's policies begins
According to Refinitiv, the US House of Representatives on Thursday (April 10) narrowly passed the Republican version of the budget plan with a vote of 216-214, paving the way for extending the iconic tax cuts of the Trump era. …
- 2025-04-11
