It was strange, with stocks gapping lower and grinding higher all day. It was hard to say precisely what the driver was, but by day’s end, I can take an educated guess and run down what I think may have happened.
The AUD/USD pair plunged to its lowest levels in over three weeks during Monday’s North American session, slipping toward the 0.6230 area as the Australian Dollar (AUD) underperformed across the board.
The Canadian Dollar (CAD) headed lower on Monday, kicking off the new trading week by shedding half of a percent against the US Dollar (USD) as the Trump administration’s April 2 deadline for sweeping tariffs looms ahead.
The global recession will be deeper and longer than those relying on models based on the past two decades of hyper-globalization and hyper-financialization anticipate.
Trump appoints journalist Sara Carter as new director of Office of National Drug Control Policy, praising her for exposing criminals and supporting medical marijuana.
President Donald Trump is preparing to announce his most expansive tariff plan to date, set to take effect on April 2. What countries could be targeted?
