💨 Abstract

On Tuesday, the yen was the preferred safe-haven currency due to concerns over a slowdown in U.S. growth due to tariffs, causing the U.S. dollar to weaken. Equities, particularly the Nasdaq and S&P 500, fell significantly as a result, while the yen reached a five-month high. Other currencies were less volatile, with the Australian dollar and the euro seeing modest drops.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖