Investors in cryptocurrencies were taking massive hits from global shockwaves over President Donald Trump's looming tariffs against key trading partners. Bitcoin fell to $95,298, at one point sinking ...
There was a defensive rally in the dollar, and it was the commodity currencies -- the Australian and New Zealand dollars -- that were hit hard, as well as the Mexican peso and Canadian dollar. The ...
George Saravelos, head of FX research at Deutsche Bank, said the tariff announcements were "at the most hawkish end of the protectionist spectrum we could have envisaged." He said the speed (Tuesday), ...
Many observers don't think the tariffs will last very long. "Tariffs on Canada and Mexico are unlikely to be sustained, U.S. economic growth should represent a tailwind for stocks, and we continue to ...