Colombia has agreed to accept illegal migrants returned from the US
The post Colombia has agreed to accept illegal migrants returned from the US appeared on BitcoinEthereumNews.com.
In a turn of events, the White House said on Monday that “Colombia has agreed to all of President Donald Trump’s terms, including unrestricted acceptance of all illegal aliens from Colombia returned from the United States (US).” Additional takeaways Fully drafted International Emergency Economic Powers Act (IEEPA) tariffs and sanctions on Colombia will be held in reserve and not signed. Visa sanctions issued and enhanced inspections will remain in effect until the first plane of Colombian deportees is returned. Market reaction The US Dollar Index (DXY) has paused its upside on these headlines. The DXY is trading 0.20% higher on the day at 107.65 as of writing. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest. Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a “risk-off” market, Bonds go up – especially major government Bonds – Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit. The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise…
Filed under: News - @ January 27, 2025 3:24 am