Asian FX mixed as markets eye Trump tariffs; AUD/USD holds steady

Asian currency markets showed mixed performance during Friday's session as investors digested President Trump's threats of increased tariffs on Canada while monitoring China stimulus expectations. S&P 500 futures declined 0.3% on tariff concerns, though Asian equities remained resilient with Hong Kong stocks gaining 1.2% on hopes of additional Chinese economic support. AUD/USD traded sideways at 0.6745, caught between risk-off sentiment from trade tensions and support from potential China stimulus. USD/CAD jumped 0.5% to 1.4380 as the Canadian dollar weakened on direct tariff threats. Gold prices edged 0.2% lower to $2,748 as the dollar strengthened broadly. USD/JPY maintained levels near 162.00 despite safe-haven flows. Markets await next week's US CPI data, which could provide clearer direction for dollar pairs amid ongoing trade policy uncertainty.