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Posted by
Two Blokes Jul 7 -
Filed in
Forex
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16 views
Risk aversion is driving markets on Monday, as markets brace for the reintroduction of April's “Liberation Day” tariffs and the Aussie Dollar dives on a mix of fears of higher levies on exports to the US and a generalised disruption of global trade. Australia's economy is strongly dependent on international trade, and the uncertainty about the global trade outlook is hurting confidence in its currency.