News
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ECB's Villeroy: there is still gradual margin for rate cuts
PARIS, April 28 (Reuters) - U.S. President Donald Trump's tariff threats are creating uncertainty around the world but there is still a margin for further interest rate cuts in Europe as inflation in the euro-zone heads lower, European Central Bank (ECB) policymaker Francois Villeroy de Galhau s...Reuters
Mon, Apr 28
EUR/GBP moves away from multi-week low, lacks bullish conviction and remains below mid-0.8500s
The EUR/GBP cross attracts some buyers during the Asian session on Monday, though it lacks bullish conviction and remains close to a nearly three-week low around the 0.8510 region touched on Friday. Spot prices currently trade just below mid-0.8500s, up less than 0.10% for the day.
Fxstreet
Mon, Apr 28
JGB yields tick lower, tracking US peers ahead of BOJ meeting
TOKYO, April 28 (Reuters) - Japanese government bond yields edged lower on Monday, under pressure from a decline in U.S. Treasury yields, with traders seeing little chance for any near-term policy tightening by the Bank of Japan.
Reuters
Mon, Apr 28
EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY
The EUR/JPY cross kicks off the new week on a weaker note and moves away from over a three-week top, around the 163.75 area touched on Friday. The downward trajectory drags spot prices back below the 163.00 mark during the Asian session, though it lacks bearish conviction.
Fxstreet
Mon, Apr 28
US Dollar Index remains above 97.00 due to easing US-China tensions
The US Dollar Index (DXY), which tracks the USD against six major currencies, continues to rise for the second consecutive day, trading near 99.60 during Asian hours on Monday. The US Dollar (USD) strengthens amid signs of easing tensions between the US and China.Fxstreet
Mon, Apr 28
Singapore negotiating for US concessions on pharmaceuticals, chips
April 28 (Reuters) - Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong.Gan had a call with U.S. Secretary of Commerce Howard Lutnick on Friday...Reuters
Mon, Apr 28
WTI trades with modest losses around $62.70-$62.65 area, downside seems limited
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on modest gains registered over the past two days and attract some sellers near the $63.55 area during the Asian session on Monday.
Fxstreet
Mon, Apr 28
USD/CAD rises to near 1.3900 due to easing US-China tensions, lower Oil prices
USD/CAD is advancing for the second consecutive session, hovering around 1.3880 during Asian trading hours on Monday. The pair continues to strengthen as the US Dollar (USD) gains momentum, supported by signs of easing tensions between the US and China.
Fxstreet
Mon, Apr 28
Singapore negotiating for US concessions on pharmaceuticals, chips
April 28 - Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong according to a report by The Straits Times.Gan said on Sunday that he had a call ...Reuters
Mon, Apr 28
Japanese Yen bulls seem reluctant as bets for delayed BoJ rate hike offset trade uncertainties
The Japanese Yen (JPY) oscillates in a narrow range during the Asian session on Monday and stalls the recent pullback from a multi-month high touched against its American counterpart last week.Fxstreet
Mon, Apr 28
China will unveil new policies based on economic situation, says state planner
BEIJING, April 28 (Reuters) - The vice head of China's state planner said on Monday that new policies would be unveiled based on changes in the economic situation and that the National Development and Reform Commission would closely monitor domestic and external changes.Speaking at the same news...Reuters
Mon, Apr 28
Amid Trump tariffs, China's trade and economy tsar steps into spotlight
Vice Premier He Lifeng is longtime confidant of Xi JinpingHe initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthU.S. has so far insisted it will only negotiate on tariffs with XiBy Laurie Chen, Michael Martina ...Reuters
Mon, Apr 28
Australian Dollar loses ground due to rising expectations of RBA’s rate cut in May
The Australian Dollar (AUD) extends loses for the second successive session on Monday. The AUD/USD pair is under pressure as the US Dollar (USD) strengthens amid signs of easing tensions between the US and China.Fxstreet
Mon, Apr 28
