Donald Trump's tariff vow hits Mexican, Canadian currencies, yen firm

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Donald Trump's tariff vow hits Mexican, Canadian currencies, yen firm - Business Standard

Quick Summary:

Dollar jumped more than 2.

Perez said the tariff news helps the yen as a safe haven."Any type of turbulence and turmoil that may be thrown in the way of China, it's not necessarily always going to be a benefit for Japan, but it opens room for Japan to negotiate more of a place of leadership once again in Asia.

The dollar hit a 4-1/2-year high against its Canadian counterpart, rising more than 1.5 per cent, and was last up 0.61 per cent at C$1.41."The Canadian Dollar has actually managed to stabilize to some extent here.