MXN has led the sell-off in currency markets against the USD in early Asian trade. Currently, it is 2.30% weaker for the session, with AUD, NZD and CAD all down by more than 1.0%. JPY was also ...
The currency market is primarily focused on one thing for now, and that is uncertainty about tariffs, said BofA Securities strategist Alex Cohen, who added that "all indications point to some formal ...
"These comments contradict the markets' tentatively sanguine assumption that tariffs would be more of a case-by-case measure... and not universal," said Francesco Pesole, foreign exchange strategist ...