INTERNATIONAL HIGHLIGHTS
Uncertainties over Trump's tariff measures
The EUR/USD pair appreciated by +2.18% this week to 1.0497 from a more than 2 years low.
The Dollar weakened following Trump's inauguration at the White House. Indeed, Trump backed down from the implementation of tariff measures since day one, in particular universal tariffs. In addition, he has not yet clarified the tariffs he intends to impose on China.
Given these new elements and in a context of rather tense trade relations with Canada and Mexico, financial markets are still largely anticipating a status quo of the Fed's Key Rate for the month of January.
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