AUD/USD falls to to its lowest since early 2020

The Australian greenback is a casualty of the information over the weekend:

Trump: Tariffs on Canada will be eliminated if ‘sufficient steps’ taken to scale back well being disaster

Since then:

• Goldman Sachs: We expect Canada and Mexico tariffs are more likely to be short-lived
• Trump and Dump
• Early Monday – Trump tariffs slam Shares, surge the USD
• New Zealand benchmark fairness index, S&P/NZX 50 falls practically 2%

• Trump’s tariff commerce warfare launch bolsters the case for Reserve Financial institution of Australia fee cuts
• Australia retail gross sales December 2024 -Zero.1%% m/m (anticipated -Zero.7%)

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This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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