The dollar strengthened against the yen following President Trump’s tariff announcements on Japan and other trade partners, though previous tariffs initially weakened the dollar. Uncertainty prevails as Trump threatens new tariffs on copper, semiconductors, and pharmaceuticals, while the EU may receive exemptions. Japan, struggling to reach a trade deal, faces currency pressure amid upcoming elections and rising JGB yields.
NYSE bets on all-or-nothing options as event driven trading gains traction
NYSE is preparing to launch binary return options that will let investors make all-or-nothing bets on whether stocks and ETFs finish above or below set