Dollar Loses, China Wins in US Tariffs Upheaval: Markets Pulse
The dollar looks set to emerge as one of the biggest losers from the latest barrage of tariff news, while China stocks are poised to outperform, according to the results of the latest Markets Pulse survey.
Of the 121 respondents to a poll conducted Feb. 20-25, 34% said their preferred hedging strategy against the tariff unwind would be diversifying away from the greenback. That’s more than the 29% of the respondents who answered similarly to the same question asked in a survey in December, prior to the Supreme Court’s decision to strike down President Donald Trump’s sweeping global levies.