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About: anakin
Recent Posts by anakin
The Bank of England cut rates and the UK announced a trade deal with the US
Bank of England lowers rates; US-UK strike trade deal; markets rise; USD strengthens; Bitcoin surges.
In April, Japan’s foreign reserves increased to $1298.2 billion from $1272.5 billion
Japan’s reserves rise; USD/JPY dips. Gold rebounds; Ripple steady post-SEC deal. Fed holds interest rates steady.
The UK agreement assists, while Lutnick seeks a trade pact with a major Asian nation
US emphasizes Asian trade deals to diversify supply chains and stabilize international trade, favoring 10% tariff agreements.
Following a quarter point rate cut by the Bank of England, GBP/USD saw early gains waning
GBP/USD declined after a rate cut, amid US-UK trade deal hopes and looming tariff challenges.
The maximum attainable tariff for any country is 10% if market access is granted
US may impose 10% tariffs on open markets; higher rates for trade deficit nations, says Lutnick.
