A trade war could spark a search for safe haven currencies, pushing up the value of the Japanese yen and sending the Australian dollar lower. Photo: Bloomberg A trade war could spark a search for safe haven currencies, pushing up the value of the Japanese yen and sending the Australian dollar lower. Photo: Bloomberg
A trade war could spark a search for safe haven currencies, pushing up the value of the Japanese yen and sending the Australian dollar lower. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

In Trump’s ‘trade war’, the Australian and Japanese currencies are set to become collateral damage

If the few opening salvoes between Washington and Beijing turn into a China-US trade war, watch for volatility in the Australian dollar and Japanese yen

A trade war could spark a search for safe haven currencies, pushing up the value of the Japanese yen and sending the Australian dollar lower. Photo: Bloomberg A trade war could spark a search for safe haven currencies, pushing up the value of the Japanese yen and sending the Australian dollar lower. Photo: Bloomberg
A trade war could spark a search for safe haven currencies, pushing up the value of the Japanese yen and sending the Australian dollar lower. Photo: Bloomberg
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.