From Yahoo Finance: 2025-04-06 18:04:00

The yen and Swiss franc strengthened as traders sought havens amid US officials’ defiance over trade tariffs, indicating prolonged negotiations for any reductions. Japanese currency climbed 1% to 145.41 per dollar, while Swiss franc rose 0.7%. Risk-off sentiment extended, with the Australian dollar slumping 0.7%. S&P 500 futures fell in early Asia trading. Investors rushed to haven assets due to fears of a global slowdown and stagflation from the US trade war. Australian assets were hit hard, with the Aussie falling the most since Oct. 2008. Markets will test President Trump and Treasury Secretary Bessent’s resolve this week.



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