Long JPY versus KRW (conviction level raised to 4/5); THB (raised to 4/5); and GBP (remains at 3/5) Given the expected inflationary pressures from these tariffs, the hurdle for the Fed to cut the ...

Moreover, a key area to watch following the announcement of US tariffs on 2 April will be any retaliatory tariffs or reactions that some economies take to try to negotiate down the level of tariffs.