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Tarrifs And Its Impact On Currencies
Published 1 year, 6 months ago
Description
When US President Donald Trump announced sweeping trade tariffs, the greenback, as measured by the Bloomberg Dollar Spot Index, recorded its largest drop on record. Meanwhile, Asia's trade-sensitive currencies also tumbled to multiyear lows, with Southeast Asian assets bearing the brunt of the sell-off. Christopher Wong, FX Strategist, OCBC tells us what are the factors that determine forex movements and their houseview.
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