Asian Currencies Mixed Amid Uncertainty Over U.S. TariffsMarket Talk
Modesto KopayAsian currencies are mixed against the dollar in the early session amid uncertainty over U.S. tariffs. President Trump on Monday hit back hard against China but left the door open for negotiations to reduce tariffs on other countries, leaving many market participants confused. "A flurry of contrasting headlines hit traders' screens on Monday, pulling sentiment in both directions," says Matt Simpson, market analyst at Forex.com and City Index, in a commentary. "They say investors don't like uncertainty, but one thing we can be sure of is that uncertain times lie ahead," Simpson adds. USD/KRW declines 0.2% to 1,467.89 while USD/THB edges 0.1% higher to 34.67.(ronnie.harui@wsj.com)
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