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EUR/USD breaks above 1.1500 as Trump mulls over Powell’s removal
EUR/USD rallies to near 1.1570 at the start of the week, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status.
Fxstreet
Mon, Apr 21
US Dollar Index slumps below 98.50 on trade war woes
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, falls to near 98.30, the lowest since March 2022. The heightened uncertainty around US President Donald Trump’s tariffs and concerns over global economic growth amid the...Fxstreet
Mon, Apr 21
Thai first-quarter rice exports fall 30% annually
BANGKOK, April 21 (Reuters) - Thailand's rice exports fell 30% annually in the first quarter of this year to 2.1 million metric tons, an industry association said on Monday.The decline was due to countries delaying buying decisions and India resuming rice exports, Chookiat Ophaswongse, honorary ...Reuters
Mon, Apr 21
RPT-China's export controls are curbing critical mineral shipments to the world
By Lewis Jackson and Amy Lv BEIJING, April 20 (Reuters) - China's export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over the minerals supply chain.China is ...Reuters
Mon, Apr 21
Trump tariff worries spur record overseas demand for JGBs
By Kevin Buckland April 21 (Reuters) - The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump's aggressive tariffs sparked concerns of a U.S. recession.Overseas investors...Reuters
Mon, Apr 21
Indonesia March trade surplus, wider than expected, hits 4-month high
March surplus of $4.33 bln is bigger than $2.64 bln poll f'castExports +3.16% y/y, vs -3.40% in pollImports +5.34% y/y, vs +6.60% in pollBy Stefanno Sulaiman and Gayatri SuroyoJAKARTA, April 21 (Reuters) - Indonesia reported on Monday a $4.33 billion trade surplus in March, more than expected an...Reuters
Mon, Apr 21
Turkey's Simsek sees very high probability of inflation in cenbank range
By Nevzat DevranogluGIRESUN, Turkey, April 21 (Reuters) - Turkish Finance Minister Mehmet Simsek said he does not foresee Turkey changing its economic course following recent market and trade developments, and inflation would very likely hit the central bank's forecast range by year-end.Turkish ...Reuters
Mon, Apr 21
USD/CAD falls to near 1.3800, downside seems limited due to weaker Oil prices
USD/CAD depreciates after registering gains in the previous session, trading around a six-month low at 1.3802 during the Asian hours on Monday. The pair faces headwinds due to the weaker US Dollar (USD), remaining under pressure due to mounting concerns over the US economic fallout from US tariffs.
Fxstreet
Mon, Apr 21
Breaking: EUR/USD rallies hard to reclaim 1.1500 for first time since November 2021
EUR/USD rallies over 1% in Asian trading on Monday as the relentless selling interest in the US Dollar (USD) paves the way for the major to clear the 1.1500 threshold for the first time since November 2021.Fxstreet
Mon, Apr 21
USD/INR softens on renewed foreign inflows
The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower.Fxstreet
Mon, Apr 21
China leaves lending benchmarks unchanged as expected in April
SHANGHAI, April 21 (Reuters) - China held benchmark lending rates steady on Monday for the sixth successive month, matching market expectations.The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was kept at 3.1%, while the five-year LPR CNYLPR5Y=CFXS was unchanged at 3.6%.Reuters
Mon, Apr 21
EUR/USD advances to 1.1485 region, fresh high since February 2022 amid bearish USD
The EUR/USD pair breaks out through a multi-day-old trading range and touches a fresh high since February 2022, around the 1.1485 area during the Asian session on Monday. The momentum is sponsored by the bearish sentiment surrounding the US Dollar (USD), which supports prospects for an extension...Fxstreet
Mon, Apr 21
Russia's economy ministry cuts 2025 Brent price forecast by nearly 17%, Interfax reports
April 21 (Reuters) - Russia's economy ministry has cut its forecast for the average price of Brent crude in 2025 by nearly 17% from what it saw the price would be this year in its September calculations, Interfax news agency reported early on Monday.
Reuters
Mon, Apr 21
