
Apac FX volatility to continue as Trump ramps up tariffs
A swift change in tone from US president Donald Trump around tariffs show how his words and actions are having a volatile impact on Asia Pacific's currencies; they are likely to be on the defensive this year.
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The impact on the Renminbi of a temporarily conciliatory tone from the White House towards China, before this week’s doubling of trade tariffs, was a sharp reminder of the potential for volatility across Asian currencies as the trade war rhetoric intensifies.
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