Trump’s Tariffs Just Shook These 10 Currencies

See how Trump’s tariff war is reshaping currency markets—discover which major currencies are rising, falling, or stuck in limbo.

Trump’s aggressive tariff policy has triggered widespread volatility across the foreign exchange market, with major currencies reacting in unique ways based on trade exposure, inflation expectations, and safe-haven dynamics. The US dollar has come under pressure as confidence in US economic leadership weakens. At the same time, traditional safe havens like the Swiss franc and Japanese yen have surged on rising global uncertainty.

Commodity-linked currencies such as the Australian and New Zealand dollars have underperformed due to concerns over global trade slowdowns, especially with their close ties to China. Meanwhile, the euro and British pound have gained selectively on capital outflows from the US, though Brexit and domestic policy factors still weigh on the pound. The Canadian dollar has held up better, supported by oil prices and relatively stable trade ties.

In Asia, the Chinese yuan and Japanese yen reflect divergent paths—with the yuan facing policy-driven volatility amid retaliatory tariffs and the yen drawing strength from its safe-haven appeal. Elsewhere, the Mexican peso remains stable amid improving US-Mexico relations and free trade cooperation.

Navigating this fragmented forex landscape requires close attention to macroeconomic shifts, policy signals, and technical levels for traders as forex markets respond to an increasingly uncertain global environment.

👉 Discover key tips for trading major currency pairs in volatile conditions. Click to learn more.

 

規則: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), VFSC (Vanuatu)
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