USD SLUMPS AFTER TRUMP COMMENTS; AUD HITS 5-WEEK HIGH

USD SLUMPS AFTER TRUMP COMMENTS; AUD HITS 5-WEEK HIGH
USD SLUMPS AFTER TRUMP COMMENTS; AUD HITS 5-WEEK HIGH

USD SLUMPS AFTER TRUMP COMMENTS; AUD HITS 5-WEEK HIGH

Trump stated he would prefer not to use tariffs on China.

The USD has fallen against multiple currencies.

AUD/USD reached a 5-week high.

Other currencies like CAD, EUR, and NZD are also higher.

USD/JPY saw a slight drop, down by about 10 points.