Fresh US tariff escalation has reignited market volatility after President Trump lifted baseline duties to 15% despite a Supreme Court setback. The move revived the “Sell America” trade, pressuring the US dollar and equity futures while boosting gold. Technically, USD/JPY remains bearish below 154.95, gold is testing $5,170 resistance, and the Hang Seng shows early bullish momentum.
23-02-2026 06:31 GMT
by Kelvin Wong