Business, Economics, Stock markets, FTSE Business | The Guardian
Analysts warn that the idea of a ‘Trump put’ may be dead after losses on Wall Street, as US dollar hits lowest since last November’s electionGlobal stock markets register heavy falls as White House tries to talk up Trump tariffsThe Japanese yen has hit a five-month high against the US dollar, as investors look for a safe place for their money.With fears of a tariff-driven slowdown in US economic growth rattling the dollar, and US stocks, the yen hit ¥146.55 per dollar, its strongest since last October.“Historically, the dollar outperforms when we get a solid rise in volatility, but when the U.S. economy and U.S. equitymarket are the central point of concern, this is now limiting the attractiveness of the dollar.” Continue reading…
Analysts warn that the idea of a ‘Trump put’ may be dead after losses on Wall Street, as US dollar hits lowest since last November’s election
The Japanese yen has hit a five-month high against the US dollar, as investors look for a safe place for their money.
With fears of a tariff-driven slowdown in US economic growth rattling the dollar, and US stocks, the yen hit ¥146.55 per dollar, its strongest since last October.
“Historically, the dollar outperforms when we get a solid rise in volatility, but when the U.S. economy and U.S. equitymarket are the central point of concern, this is now limiting the attractiveness of the dollar.”
