How Currency Investors Are Bracing for a Full-Blown Trade War
- Threat of retaliatory tariffs has investors assessing risks
- Some funds seek havens, others hedge bets on global expansion
This article is for subscribers only.
In foreign-exchange markets, investors aren’t waiting to find out if all the tariff threats being thrown around lead to a full-blown trade war.
Some money managers have begun piling into traditional havens like the yen; others are trimming currency exposure altogether; and even those who’re betting not much will come from the row are hedging just in case.