trade war

Explore the recent plunge of the Australian Dollar amidst escalating trade tensions and its impact on the ASX and investor behavior. This blog delves into how tariffs imposed by the U.S. affect Australia's economy, currency markets, and sectors reliant on exports. It also examines the unusual trend of investors cashing out from gold and cryptocurrencies, shifting towards immediate liquidity. As global trade relations evolve, understanding these dynamics will be crucial for navigating the challenges and identifying potential opportunities in the Australian market.