The FX market shrugged off news of 25% U.S. auto tariffs, with major currencies barely moving. Traders seem to have priced in the risk, and hints of softer reciprocal tariffs eased concerns.
The U.S. dollar stayed range-bound, with the DXY stuck between 104.00 and 104.50.
To delve into this topic deeper including the Elliott wave counts for DXY and USDJPY, read more at the link below:
https://alchemymarkets.com/education/market-insights/opening-bell/fx-market-shrugs-off-auto-tariffs-as-dollar-stays-range-bound/




















