The Australian dollar is a casualty of the news over the weekend:
Trump: Tariffs on Canada can be removed if ‘enough steps’ taken to reduce health crisis
Since then:
- Goldman Sachs: We think Canada and Mexico tariffs are likely to be short-lived
- Trump and Dump
- Early Monday – Trump tariffs slam Stocks, surge the USD
- New Zealand benchmark equity index, S&P/NZX 50 falls nearly 2%
- Trump’s tariff trade war launch bolsters the case for Reserve Bank of Australia rate cuts
- Australia retail sales December 2024 -0.1%% m/m (expected -0.7%)
Update:
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
Wall Street Journal reports China promises not to devalue the yuan
The Wall Street Journal (gated) report on:Beijing Prepares Its Opening Bid to...
There is an OPEC+ (JMMC) meeting scheduled for today, to review current market conditions
OPEC is set to hold its Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC)...
ForexLive Asia-Pacific FX news wrap: Trump tariff war triggers USD surge, ‘risk’ slump
Tariffs, read from the bottom up for the chronologyJP Morgan on Trump...
Federal Reserve speakers on Monday include Bostic and Musalem
Coming up on Monday 03 February 2025:1730 GMT / 1230 US Eastern...
Leave a comment