Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Aussie falls to five-year low on Trump, China data

The Australian dollar is coming off a nasty week, declining 1.6%, and the slide has continued on Monday. In the European session, AUD/USD is trading at 0.6146, down 1% on the day.

03-02-2025 06:48 GMT by Kenneth Fisher

Canada's GDP declines, Canadian dollar lower

The Canadian dollar is steady on Friday. In the North American session, USD/CAD is trading at 1.4523, up 0.23% on the day. The week wrapped up with Canada's GDP, a report card on the strength of the economy.

31-01-2025 09:29 GMT by Kenneth Fisher