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.

AUD/USD lower ahead of RBA minutes

The Australian dollar has posted losses on Monday. Early in the North American session, AUD/USD is trading at 0.6227, down 0.31% at the time of writing. Market hopes for rate path hints from RBA minutes It's a very light calendar week, with the Christmas holiday just around the corner.

23-12-2024 11:30 GMT by Kenneth Fisher

USD/JPY hits 5-mth high after BoJ holds rates

The Japanese yen continues its rapid descent and is sharply lower on Thursday. In the North American session, USD/JPY is trading at 156.82, up 1.3% on the day.

19-12-2024 09:10 GMT by Kenneth Fisher