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Trump suspends tariffs, risk-sensitive currencies see strongest rally

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2025-04-09 19:29:11
Uto Shinohara, Senior Investment Strategist at MESIROW CURRENCY Management: In the recent pessimism, investors are eager to see any signs of optimism. The 90-day suspension statement provided exactly that, triggering a rally in risk assets. Risk-sensitive currencies saw the strongest rally, led by the Australian dollar, while traditional havens such as the yen and Swiss franc came under pressure.
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