What a week for currency traders! While the dollar spent most of the time nursing wounds from Trump’s Fed-bashing antics, the euro quietly claimed the weekly crown as best performer. Japan’s political soap opera—losing that Upper House majority—had the yen doing its own dance, even as a shiny new US trade deal (15% tariffs, anyone?) tried to steal the spotlight.
Meanwhile, ECB officials played it cool, keeping rates steady while everyone held their breath for the August 1st tariff deadline. From Swiss franc safe-haven plays to Aussie dollar trade optimism, currencies told quite the story this week.
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