01-04-2025
- Business
- Wall Street Journal
Asian Currencies Consolidate Amid Nervous Mood Before U.S. ‘Liberation Day' Tariffs
0006 GMT — Asian currencies consolidate against the dollar in early Asian trade with markets in a nervous mood before President Trump's so-called 'Liberation Day' tariffs due Wednesday. 'Markets are clearly very jittery' ahead of this tariff announcement, NAB's Tapas Strickland says in commentary. It seems that the tariffs could be broader than just the 'dirty 15' which had excited the markets last week, while industry-specific tariffs were also being discussed, the head of Market Economics says. USD/KRW is steady at 1,473.01; USD/SGD is little changed at 1.3431; AUD/USD edges 0.1% lower to 0.6241. (
