After Trump elected to the President Of the United States, Nervous Jitters in the FX Market has been hitting the Markets everyday with his New comments on Tariffs.
Irrespective of what Tariffs would do to the Respect Nations , Traders are battling to know what are the exact levels of currencies against USD if Tariffs are to be implemented by Today especially against CAD and MXN
The alarming issue for Day FX Traders is that, the Volatility exacerbated by Incoming News reports and Tweets causing massive Jitters in the FX crosses
It seems that Tariffs threats are priced in for CAD and MXN. The two currencies are trading at the same vicinity as before when the Tariffs talk caught up.
USD/MXN CHART is interesting too
But If Tariffs are implemented as Promised the repercussions would be gigantic for CAD and MXN!