Hot spot tracking

  • Barkin: The bond market reflects more recession risks, and tariffs will pose challenges to inflation and employment. This news is negative for the dollar.
  • Republican lawmakers are secretly drafting a tax bill that would increase the state and local tax deduction for individuals from $10,000 to $25,000. This news is bullish for the dollar.
  • The Reserve Bank of Australia kept interest rates unchanged at 4.1%, saying it remains cautious about the outlook. This news is positive for the Australian dollar.

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