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Tarrifs And Its Impact On Currencies

10 mins·09:15, 10 Apr 2025
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Tarrifs And Its Impact On Currencies

10 mins
·
09:15, 10 Apr 2025
·

Guest: Christopher Wong, FX Strategist, OCBC

When US President Donald Trump announced sweeping trade tariffs, the greenback, as measured by the Bloomberg Dollar Spot Index, recorded its largest drop on record. Meanwhile, Asia's trade-sensitive currencies also tumbled to multiyear lows, with Southeast Asian assets bearing the brunt of the sell-off. Christopher Wong, FX Strategist, OCBC tells us what are the factors that determine forex movements and their houseview.

Image Credit: Shutterstock.com

Presenter: Shazana Mokhtar, Wong Shou Ning, Aisalli Ayub

Producer: Natalie Tan

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