USD eases on tariffs, Silver and Bitcoin extend rally [Video]
![USD eases on tariffs, Silver and Bitcoin extend rally [Video]](https://editorial.fxsstatic.com/images/i/DXY-neutral-object-1_XtraLarge.png)
Donald Trump threatened the EU and Mexico with 30% US tariffs over the weekend — triple what the Europeans expected. While the UK appears to have secured a ‘privileged’ 10% rate, weak UK growth data and fresh trade uncertainty are pressuring sterling.
In Asia, the USDJPY rises despite soft dollar sentiment as Japan’s elections and fiscal expectations push yields higher. China posts better-than-expected export data, but tensions with Europe are rising as pricing wars escalate. Silver outshines gold, Bitcoin pushes past $120K, and earnings season kicks off with major banks and Netflix.

Author

Ipek Ozkardeskaya
Swissquote Bank Ltd
Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

















