After the “Trump fare” .. the dollar is widely diminished …
The dollar dollar fell on Thursday, while US President Donald Trump has increased the euro after the highly anticipated customs duty against major business partners, which has spent a shit in the markets, which prompted investors to search for safety such as Yen and Swiss Frank.
Trump has announced that it will impose 10% basic customs fee for all imports to the United States and the highest number of major business partners in the country. These definitions will come into effect on April 9, and will target 60 countries.
Trump has previously imposed customs duties on aluminum, steel and cars, as well as increasing customs duty on all products from China.
The intensity of trade war has increased when Trump’s return to the White House and the markets rocked the markets amid an increase in fears that a comprehensive trade war will lead to a sharp recession in the world economy.
“In the midst of assessment of the possibility of reducing global economic growth, the markets are dominated by the hesitation of the risk,” said Kail Roda, the chief financial market analyst of Capitol.com.
The Australian dollar fell, affected by 0.5% risks, 0.6268 USD and New Zealand dollar fell 0.26% to $ 0.5730.
The new fee prompted investors to seek protection in traditional secure asylumns such as Japanese Yen and Swiss Frank. The Japanese Yen rose by about 1% to 147.99 and the Swiss Frank dollar increased to 0.8787.
Euro rose after customs duties advertising, and its increase in recent transactions reached $ 1.0875 in Asia’s initial trade times. The Sterling pound rose 0.28% to 30 1.3047.
Rodrigo Cuttil, a strategic expert of the National Bank of Australia, is likely to focus on supporting its economy from the impact of US customs duty on Europe and does not respond.
As soon as the Chinese Yuan fee abroad, the lowest amount was recorded in a month. In growing markets, the Mexican fell 0.25% against the BZO dollar to 20,2520.
Canada and Mexico, the largest business partner in the United States, are already facing 25% of customs duty. No additional fee will be charged under the announcement issued on Wednesday. (Kingdom)
