Created
: 2025.05.01
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Former US Treasury Sec. Yellen: Trump tariffs to have 'tremendously adverse' impact
World FX news
Breaking news
Former US Treasury Sec. Yellen: Trump tariffs to have 'tremendously adverse' impact
New
2025.05.01 18:41
2025.05.01 18:41
2025.05.01 18:41
Former US Treasury Secretary Janet Yellen said on Thursday that US President Donald "Trump's tariffs to have a 'tremendously adverse' impact on the economy."
Additional comments
They 'hobble' companies that rely on critical minerals supplies from China.
About 40% of goods imported into the country were inputs for domestic production.
The odds for a recession have gone up.
Tariffs could be particularly problematic for the US clean energy sector.
We are highly dependent on China for most of the critical minerals that go into the clean energy technologies.
Last updated
: 2025.05.01
Related articles
Silver Price Forecast: XAG/USD recovers initial losses despite US Dollar showing strength
19 minutes agoUSD/CAD ticks higher around 1.3820 despite USD Index gains sharply
41 minutes agoUS ISM Manufacturing PMI declines to 48.7 in April vs. 48 expected
2025.05.01 23:06US weekly Initial Jobless Claims rise to 241K vs. 224K expected
2025.05.01 21:37USD's safe haven appeal fades as trade war backfires - Rabobank
2025.05.01 21:16JPY pushes lower by dovish BoJ pulling back on tightening clarity - Scotiabank
2025.05.01 21:09
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Silver Price Forecast: XAG/USD recovers initial losses despite US Dollar showing strength
Silver price (XAG/USD) recovers a majority of its early gains and returns to near $32.50 during North American trading hours on Thursday.
New
2025.05.02 00:08USD/CAD ticks higher around 1.3820 despite USD Index gains sharply
The USD/CAD pair edges higher to near 1.3820 during North American trading hours on Thursday. The Loonie pair moves slightly higher despite the US Dollar (USD) has attracted significant bids after the release of the United States (US) ISM Manufacturing Purchasing Managers' Index (PMI) data.
New
2025.05.01 23:46US ISM Manufacturing PMI declines to 48.7 in April vs. 48 expected
The business activity in the United States (US) manufacturing sector continued to contracted in April, with the ISM Manufacturing Purchasing Managers Index (PMI) edging lower to 48.7 from 49 in March. This reading came in better than the market expectation of 48.
New
2025.05.01 23:06US weekly Initial Jobless Claims rise to 241K vs. 224K expected
There were 241,000 initial jobless claims in the week ending April 26, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week's print of 223,000 (revised from 222,000) and came in worse than the market expectation of 224,000.
New
2025.05.01 21:37USD's safe haven appeal fades as trade war backfires - Rabobank
Uncertainty may be a prevailing theme of the Trump presidency, but over the past month a number of lessons have been learnt which will likely have an ongoing impact on both the behaviour of politicians as well as investors.
New
2025.05.01 21:16JPY pushes lower by dovish BoJ pulling back on tightening clarity - Scotiabank
The Japanese Yen (JPY) is weak, down 0.9% against the US Dollar (USD) and underperforming all the G10 currencies in response to the BoJ's latest policy meeting, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.05.01 21:09GBP quiet despite improvement in manufacturing PMI - Scotiabank
The Pound Sterling (GBP) is entering Thursday's NA session flat against the US Dollar (USD), outperforming all the G10 currencies with the exception of Euro (EUR), Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.05.01 21:07CAD slips modestly on firmer USD - Scotiabank
The Canadian Dollar (CAD) has slipped a little overnight after briefly probing sub-1.38 levels late yesterday. President Trump commented that PM Carney will visit Washington shortly and anticipated a 'great relationship' with Canada, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.05.01 21:03US Treasury Sec. Bessent: Two-year yields below federal funds rate is signal that Fed should cut rates
United States (US) Treasury Secretary Scott Bessent told Fox Business Network on Thursday the fact that the two-year US Treasury bond yield is below the federal funds rate is a signal that the Federal Reserve (Fed) should cut rates, per Reuters.
New
2025.05.01 21:00EUR recovers from sub-1.13 dip in quiet labour day trade - Scotiabank
Euro (EUR) is entering Thursday's NA session unchanged from Wednesday's close, finding modest support following a short-lived dip below 1.1300, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.05.01 21:00Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
