The US President’s recent tariff policies are set to increase all of this market uncertainty and create a huge risk-off mood among investors. Earlier this week, The Kobeissi Letter issued an X post that served as a warning. It warned that the tariffs that go into effect April 2 could send a message to the markets that would represent the “end of uncertainty.” It predicts that greater volatility is to come. These two changes are rattling the commodities market. As of this writing, gold is holding onto its daily gains and trading well above its previous record-high, which was set above $3,080 earlier today.
The trade-weighted average tariff rate on all US imports has already been increased by around 5.5-6.0 percentage points. This increase would put existing tariff rates close to the highest they’ve been since World War II. Originally published by American Progress In February, US data surprised analysts with a stronger-than-expected increase in core PCE inflation. All this happened in the context of recent tariff changes. Despite all these inflationary pressures, the USD didn’t get the safe haven boost.
As always, best to remember that the author and FXStreet are not registered investment advisors. This article should not be construed as investment advice. That said, this text presents the authors’ personal views and opinions. These views are the author’s alone and do not necessarily reflect the views of FXStreet or its parent company, Greenwich Free Press.
Additionally, the article includes a list of brokers featuring competitive spreads, fast execution, and powerful trading platforms, specifically for trading EUR/USD in 2025. These brokers cater to the needs of both beginner and more experienced traders. They highlight the need for a trusted ally to help them weather the ever-changing Forex market.