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USD/CNH: Decline is likely limited to a test of 6.9470 – UOB Group
US Dollar (USD) could edge lower; any decline is likely limited to a test of 6.9470. In the longer run, USD is under mild downward pressure and could edge lower to 6.9400, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 21
SNB’s Schlegel: Some negative inflation prints are possible this year
Swiss National Bank (SNB) Chairman Martin Schlegel said during European trading hours on Wednesday that there is a high possibility of “negative inflation prints this year”, and, however, a few months of negative inflation “wouldn't be a problem”.
Fxstreet
Wed, Jan 21
Davos-Citadel CEO Griffin says Trump's tariffs have been inflationary
Jan 21 (Reuters) - Ken Griffin, the CEO of Citadel, said on Wednesday that the United States had seen higher inflation due to President Donald Trump's tariffs."I think that we have seen, we've seen higher inflation due to the tariffs. We have disrupted long-standing trading relationships...Reuters
Wed, Jan 21
Targeted by Trump, Fed's Cook is a fighter with the scars to prove it
Scars and a life-changing hike up Kilimanjaro are part of Cook's backstoryTrump trying to fire first Black female US central bankerArtificial intelligence is a key area of focus for Cook at FedBy Ann Saphir Jan 21 (Reuters) - President Donald Trump's contested firing of Federal Reserve Go...Reuters
Wed, Jan 21
Qatar's wealth fund considers splitting overseas investments in major overhaul, Bloomberg News reports
Jan 21 (Reuters) - Qatar Investment Authority has discussed splitting its overseas investments from its domestic portfolio as part of a potential restructuring of the sovereign wealth fund, Bloomberg News reported on Wednesday, citing people familiar with the matter.Executives have considered settin...Reuters
Wed, Jan 21
When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD
United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed after Air Force One was forced to turn around due to a "minor electrical issue".
Fxstreet
Wed, Jan 21
US Treasury Secretary Bessent not concerned about any Treasuries sell-off
By Dave Graham and Ariane LuthiDAVOS, Switzerland, Jan 21 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he was not concerned about any sell-off in U.S. Treasuries related to the Trump administration's threats to impose tariffs on European allies opposing U.S. efforts to acq...Reuters
Wed, Jan 21
Geopolitical strain dogs European mid-term sovereign outlook, Scope says
By Rene Wagner and Maria MartinezBERLIN, Jan 21 (Reuters) - A challenging geopolitical environment compounded by unfavourable political crosswinds within Europe is weighing on the region's medium-term sovereign credit outlook, Scope Ratings said on Wednesday, even as the continent continues to s...Reuters
Wed, Jan 21
EUR/CAD slips to near 1.6200 as Canadian Dollar gains on Oil boost
EUR/CAD inches lower after three days of gains, trading around 1.6200 during the European hours on Wednesday. The currency cross struggles as the commodity-linked Canadian Dollar (CAD) receives support amid higher Oil prices.
Fxstreet
Wed, Jan 21
Trump's Greenland tariffs would dent EU growth by 0.5%, Austrian central bank says
VIENNA, Jan 21 (Reuters) - The tariffs President Donald Trump has vowed to impose on eight European countries until the U.S. is allowed to buy Greenland would trim European Union economic growth eventually by 0.5%, a study by the Austrian National Bank showed on Wednesday."Using trade policy thr...Reuters
Wed, Jan 21
ECB's Lagarde says European economy needs 'deep review' to face new world order
PARIS, Jan 21 (Reuters) - The European economy needs a "deep review" to face "the dawn of a new international order", European Central Bank President Christine Lagarde told French radio RTL on Wednesday.Lagarde said she only expected a slight inflationary effect from U.S. tariffs, wi...Reuters
Wed, Jan 21
ECB’s Lagarde: New tariffs could be inflationary in the near term
European Central Bank (ECB) President Christine Lagarde said during European trading hours on Wednesday that trade disputes between the United States (US) and the European Union (EU) underscore the need for a deep review of how we organize the European economy.Fxstreet
Wed, Jan 21
