Reported about 23 hours ago
Investors experienced immediate volatility with Donald Trump's return to the presidency, as his inauguration speech initially prompted a sell-off of the dollar, only for him to announce 25% tariffs on Canada and Mexico shortly after, causing the loonie and peso to drop sharply. Market analysts noted that despite Trump's aggressive trade stance, which could be a negotiating tactic, currencies fluctuated significantly, with the dollar slightly recovering against major rivals and Bitcoin hitting record highs amidst the turmoil.
Source: YAHOO