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Dollar weakness due to threat to Fed independence – ING
The US president's attacks on Fed Chair Jay Powell are intensifying. And the dollar is weakening accordingly. The President of the United States is not well versed in conventional forms of politeness. We also know that he prefers a loose monetary policy.Fxstreet
Tue, Apr 22
EUR/INR: Indian Rupee cross rates mixed at the start of the European session
Indian Rupee (INR) crosses trade with a negative bias at the start of Tuesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 97.74, with the EUR/INR pair declining from its previous close at 98.10.Fxstreet
Tue, Apr 22
Majority of German firms fear negative effects of Trump tariffs, ZEW finds
BERLIN, April 22 (Reuters) - More than 80% of German companies in manufacturing and the information technology industry expect a negative impact on the German economy from tariffs imposed by the U.S., according to a survey by the Leibniz Centre for European Economic Research ZEW. The survey, seen by...Reuters
Tue, Apr 22
City Of London reports $170 million emerging markets outflow amid tariff turmoil
April 22 - Fund manager City Of London Investment Group CLIG.L on Tuesday reported a $170 million outflow from emerging markets in the three months to March 31, citing uncertainty from tariffs imposed by U.S. President Donald Trump. Trump's tariffs have caused turbulence in global mar...Reuters
Tue, Apr 22
Vietnam cracks down on fraud on US exports, document shows
Vietnam trade ministry issued directive on April 15Officials told to strengthen controls on imported goodsNew procedures on releasing 'Made in Vietnam' certificatesChina is Vietnam's top source of imports, US is its top marketUS accused China of using Vietnam as illegal transhipment hubB...Reuters
Tue, Apr 22
Japan's government maintains economic assessment despite US trade policy risks
In its quarterly review of regional economic conditions across the country, the Japanese government maintained its overall economic assessment, warning of increasing downside risks due to US trade policies, per Xinhua News Agency.
Fxstreet
Tue, Apr 22
BREAKINGVIEWS-The theory and practice of Trump’s economic policy: podcast
By Peter Thal Larsen LONDON, April 22 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast. The president’s tariffs have wreaked havoc in financial markets. Beneath the short-term turmoil, though, are more fun...Reuters
Tue, Apr 22
Vietnam clamps down on fraud on US exports, document shows
HANOI, April 22 (Reuters) - Vietnam's trade ministry has issued a directive to crack down on illegal transhipment of goods to the United States and other trading partners as it tries to avoid steep U.S. tariffs, according to a document reviewed by Reuters.The ministry in the directive, which was...Reuters
Tue, Apr 22
Thai industrial sentiment drops in March, US tariffs a concern
BANGKOK, April 22 (Reuters) - Thailand's industrial sentiment in March fell for the first time in three months, with a future index pointing to a further fall on concerns about U.S. tariffs, the Federation of Thai Industries said on Tuesday.The FTI's industrial sentiment index dropped to 91....Reuters
Tue, Apr 22
Thai industrial sentiment drops for first time in 3 months in March
BANGKOK, April 22 (Reuters) - Thailand's industrial sentiment index fell in March for the first time in three months, the Federation of Thai Industries said on Tuesday.The FTI said its industrial sentiment index dropped to 91.8 in March from 93.4 in February.Reuters
Tue, Apr 22
Japanese Yen bulls have the upper hand amid US tariff woes, BoJ rate hike bets
The Japanese Yen (JPY) edges lower during the Asian session on Tuesday amid receding hopes for a quick US-Japan trade deal. Furthermore, signs of stability in the Asian equity markets and a modest bounce in the US indices futures undermine the safe-haven JPY. This, along with a modest US Dollar...Fxstreet
Tue, Apr 22
NZD/USD remains capped below 0.6000 on escalating US-china trade tensions
The NZD/USD pair softens to near 0.5995 during the Asian trading hours on Tuesday. The New Zealand Dollar (NZD) edges lower against the US Dollar amid the escalating trade war tensions between the US and China.
Fxstreet
Tue, Apr 22
