Asian Currencies Steady Amid Trade Tariffs and Aus…
From Financial Modeling Prep: 2025-05-05 02:47:00
Asian markets saw limited movement due to holiday-thinned volume. Uncertainty over U.S. tariffs and trade tensions weighed on sentiment, while the Australian election outcome boosted the Aussie. Global investors are cautious ahead of U.S.-China tariff decisions. The Japanese Yen bounced back slightly, the South Korean Won weakened, the Singapore Dollar strengthened, and the Taiwan Dollar rallied. The Australian Dollar rose after Labor’s election win. The Dollar Index pulled back, and traders can use FMP’s APIs for real-time data. Future focus includes U.S.-China trade talks, Fed policy signals, and market liquidity resumption.
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