News with the tag "trade wars"

The Asia FX market is facing pressure due to potential Trump tariffs and the Federal Reserve's cautious monetary policy, leading to increased volatility and uncertainty in currency valuations.

The Canadian dollar's decline to its lowest level since June 25 was triggered by Trump's tariffs on key Canadian exports, highlighting the currency's vulnerability to U.S. trade policies and its close economic ties with the U.S.

Asian currencies, particularly the Australian Dollar, have shown significant gains following the impact of Trump tariffs, driven by central bank decisions and shifting investor sentiment.

Asian currencies show resilience amid geopolitical shifts and central bank decisions, with the RBA's upcoming policy move being a critical market driver.