Early Morning with Dave

Early Morning with Dave

U.S. Dollar Spikes on Fresh Trump Tariff Comments

The dollar quickly regains strength as Trump re-equips his tariff threats

David Rosenberg's avatar
David Rosenberg
Jan 28, 2025
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Highlights

• The dollar quickly regains strength as Trump re-equips his tariff threats

• Semiconductors experience their biggest selloff since COVID-19

• Tight credit conditions remain an issue for the euro area

• Canada's economic slack is bullish for GoC bonds (but is bearish for the loonie)

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