Reported about 4 hours ago
Latin American currencies experienced significant declines on Monday, leading losses in emerging markets as traders sought safety amidst fears that President Trump's trade policies could hinder U.S. economic growth. Major currencies from Brazil, Chile, and Colombia fell at least 1.1%, contributing to a broader drop in emerging markets, while safe-haven assets like the dollar and Japanese yen gained traction. The market turmoil also extended to global equities, marking a critical selloff in U.S. stocks.
Source: YAHOO