Reported 19 days ago
The Australian dollar fell by 1% amid escalating U.S.-China trade tensions, while safe haven currencies, like the Swiss franc and Japanese yen, gained strength. The decline followed President Trump's tariff threats on Chinese goods, highlighting ongoing strains in diplomatic relations. As investors sought refuge, the Aussie dollar reached its lowest in nearly two months, and concerns about trade impacts persisted across global markets.
Source: YAHOO