Reported about 12 hours ago
Emerging-market currency traders experienced a rally following Donald Trump's return to the White House, as expectations of new tariffs on Chinese imports lessened. The absence of immediate tariffs and Trump's comments about not imposing levies on China fueled a recovery, leading to significant gains for currencies in emerging Europe and Latin America. Despite this relief, uncertainties remain high regarding US trade policies, keeping investors cautious.
Source: YAHOO