Archyde Trump’s Tariff “Atomic Bomb” Sends US Dollar Tumbling By Archyde News Journalist April 4, 2024 Teh U.S. Dollar Index (DXY), a measure of the dollar’s strength against six major currencies, is reeling. On Thursday, it plummeted after former U.S.President Donald Trump seemingly proposed a sweeping set of reciprocal tariffs, rattling global markets already on … Read more
Archyde Australian Dollar Strengthens Amid Commodity Price Surge, Faces Headwinds from Trade Tensions Table of Contents 1. Australian Dollar Strengthens Amid Commodity Price Surge, Faces Headwinds from Trade Tensions 2. Commodity Prices Boost AUD 3. Trade Tensions and US Tariffs 4. Global Trade Uncertainty 5. US Dollar Strength and Economic Data 6. Michigan consumer Sentiment … Read more
Unlike Trump 1.0, ASEAN now faces increasing risk of direct effects of tariffs under Trump 2.0. ASEAN can be exposed to product-specific tariffs, and the impact may be mitigated by universal nature, Standard Chartered’s economists Edward Lee and Jonathan Koh report. Tariff exposure can be a relative comparison “Tariffs have been a central theme of … Read more