Aussie slides as investors flock to safe-havens, yen strenghtens. The Australian dollar tumbled on Tuesday, while the safe-haven Swiss franc and Japanese yen strengthened as renewed signs of strains in U.S.-China trade relations dented risk sentiment and left investors ducking for cover. Trade and tariffs have been the main focus since dramatic market moves on […]
French political quagmire leaves euro at two-month lows. The yen stabilised on Friday but was still headed for its steepest weekly drop in a year on Friday, as the chances of a near-term rate hike faded, while the euro was rooted near two-month lows by political crisis in France. The yen edged up 0.2% to […]
The U.S. dollar slipped again on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions. Asia-Pacific currencies were the major developed-market beneficiaries of the fallout from that, and the dollar was down 0.7% on the Japanese yen […]
It is down more than 4% on both the euro and the yen through April, though bounced at the end of last week on an apparent conciliatory shift in the tone of U.S.-China relations. The dollar held steady on Monday as investors waited warily on news of U.S. trade policy and braced for a week […]
