Published: 2026-02-23T05:51:29.000Z
AUD/USD flows: Risk offered
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China urges US to drop unilateral tariffs after Supreme Court ruling
US Supreme Court struck down Trump’s IEEPA tariffs and Trump responded with flat 15% global tariff
The broader risk sentiment is sour as market participants assess Trump latest tariff after the original one was struck down by U.S. Supreme Court. U.S. major equity indexes are in the red while some regional market is on holiday, except HSI recovering post Chinese New Year losses. Gold and Silver are both trading strongly with more than a percent gains.
AUD/USD is trading 0.17% lower at 0.7072 after reaching a session high of 0.7112.