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After-hours market volatility – chaotic conflicting messages from Trump’s administration

March 04, 2025 at 09:36PM
The USD has been smashed lower:

CAD, AUD, NZD, EUR all gaining.

Ther have also been flows out of the yen, so USD/JPY is the exception, its higher.

US Treasuries have sold off (yields higher) and US equity index futures have gained.

The news:

Lutnick: Trump may roll back Mexico-Canada tariffs tomorrow

Chaos continues.

Which minion is this? Lutnick is head of the US Commerce Dept.

This article was written by Eamonn Sheridan at www.forexlive.com.

After-hours market volatility – chaotic conflicting messages from Trump’s administration