Tariffs and currencies: what's the current map?

Tariffs shift trade flows, inflation and growth — and currencies follow the consequences. The current tariff landscape feeds several currency stories at once.

Tariffs and currencies: what's the current map? — risk-reward diagram
A risk-reward ratio of 1 to 2

What are you watching?

  • the tariff situations with currency impact
  • how they feed inflation or growth expectations
  • the pairs most exposed
Tariffs and currencies: what's the current map? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Background: trade balance and current account for the flow logic.

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