Tuesday , 26 November 2024
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Australian Dollar depreciates due to risk aversion following Trump’s tariff decision

The Australian Dollar (AUD) continues to weaken against the US Dollar (USD) on Tuesday, driven by dampened market sentiment following President-elect Donald Trump’s announcement of a 10% increase in tariffs on all Chinese goods entering the United States (US), along with a 25% tariff on imports from Mexico and Canada.

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