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The trade battle — featuring steep import taxes and possible bans — could escalate further as soon as today.
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The Pound Sterling (GBP) registers modest gains of over 0.08% on Tuesday as Bank of England (BoE) policymakers testify before the UK Treasury Select Committee, while a light economic docket in the US keeps the Greenback with a negative tone.
AUD/USD holds firm on Tuesday as the US Dollar (USD) struggles to gain traction, while the Reserve Bank of Australia’s (RBA) hawkish stance further supports the Australian Dollar (AUD).
Companies are flocking to the US leveraged loan market with offerings to reprice large chunks of existing debt, tapping strong investor demand to reduce borrowing costs.
Self-custody has a preference problem. More than half of crypto users globally say they would rather control their own keys than leave funds on a centralised exchange. Most still don’t.
