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The Australian Dollar Could Suffer If the U.S.-China Trade War Escalates
U.S. President Donald Trump once again
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U.S. President Donald Trump once again commented on Federal Reserve Chairman Jerome Powell, openly expressing dissatisfaction with the pace of rate cuts. Another public expression of disapproval of the Fed's policy, accompanied by an accusation against Powell (whom Trump called a "major loser"), triggered a new wave of dollar selling and renewed growth in gold as the primary safe-haven asset.Market anxiety is beginning to resurface as a result. Although the reaction is less restrained than on Monday, it signals that
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Kuvat Raharjo,
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