News
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EUR/GBP loses ground below 0.8500, investors await BoE’s Ramsden speech
The EUR/GBP cross extends its downside to near 0.8490 during the early European session on Tuesday. The Euro (EUR) softens against the Pound Sterling (GBP) due to the dovish remarks from the European Central Bank (ECB).
Fxstreet
Tue, Apr 29
Yuan hits highest level since April 2 as China holds ground
HONG KONG, April 29 (Reuters) - China's yuan rose on Tuesday to its strongest level against the U.S. dollar in nearly a month, recovering from losses sustained after the U.S. announced hefty tariffs, as Beijing signalled a commitment to currency stability.
Reuters
Tue, Apr 29
CORRECTED-FOREX-Dollar struggles to regain ground on US-China trade standoff
Dollar still weak as investors fret over Sino-U.S. trade warTrump set to reduce the impact of automotive tariffsCanadian dollar falls slightly in wake of election resultsBy Rae Wee SINGAPORE, April 29 (Reuters) - The dollar barely recouped its heavy losses on Tuesday as investors were no clearer ...Reuters
Tue, Apr 29
EUR/USD Price Forecast: Remains capped below 1.0400, bullish bias prevails
The EUR/USD pair attracts some sellers to near 1.0375 during the Asian session on Tuesday. The Euro (EUR) weakens against the Greenback amid rising expectations of further rate cuts from the European Central Bank (ECB) in June and mixed signals on US-China trade relations.
Fxstreet
Tue, Apr 29
NZD/USD falls to near 0.5950 due to shifting US-China trade signals
NZD/USD is retracing its recent gains from the previous session, trading around 0.5960 during the Asian hours on Tuesday. The US Dollar (USD) is finding support as optimism grows over easing US-China trade tensions.
Fxstreet
Tue, Apr 29
Australia, NZ dollars make the most of US tariff tangle
By Wayne Cole SYDNEY, April 29 (Reuters) - The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their U.S. counterpart.Markets were jolted when U.S. Treasury Secretary ...Reuters
Tue, Apr 29
GBP/USD declines below 1.3450 ahead of BoE’s Ramsden speech
The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by a modest rebound of US Dollar (USD). Investors await a speech by Bank of England (BoE) official Dave Ramsden for fresh impetus.
Fxstreet
Tue, Apr 29
FOREX-Dollar limps along on U.S.-China trade standoff
Dollar weak as investors concerned about Sino-U.S. trade warTrump set to reduce the impact of automotive tariffsCanadian dollar steady ahead of election resultsBy Rae Wee SINGAPORE, April 29 (Reuters) - The dollar barely recouped its heavy losses on Tuesday as investors were no clearer on whether...Reuters
Tue, Apr 29
Mexico's central bank delivers $918 million in surplus to the government
MEXICO CITY, April 28 (Reuters) - Mexico's central bank said on Monday it would deliver 17.99 billion Mexican pesos ($918.4 million) to the government from its 2024 operating surplus, which must be used primarily to pay off public debt.The Bank of Mexico (Banxico), which is required by law to tr...Reuters
Tue, Apr 29
EUR/JPY Price Analysis: Euro steady near mid-range as bullish signals hold ahead of Asia
The EUR/JPY is trading with slight gains near the 162.20 zone on Monday's session ahead of the Asian open, reflecting a cautious but positive mood. After modest fluctuations during the European hours, the pair stabilizes mid-range, hinting at a market waiting for fresh catalysts in Asia.
Fxstreet
Mon, Apr 28
CANADA FX DEBT-Loonie strengthens as Canadians head to the polls
Loonie trades in a range of 1.3826 to 1.3892Price of oil declines 2.2%Wholesale trade most likely falls 0.3% in March 10-year yield eases about half a basis pointBy Fergal Smith TORONTO, April 28 (Reuters) - The Canadian dollar edged higher against its U.S. counterpart on Monday as the greenback ...Reuters
Mon, Apr 28
FOREX-Dollar falls broadly ahead of US data, tariff uncertainty
US dollar set for heavy monthly fall versus yen, euroUS jobs data, GDP in focus Euro zone CPI readings due from TuesdayTraders confused by mixed signals on US-China trade relationsBy Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON, April 28 (Reuters) - The U.S. dollar slid across the b...Reuters
Mon, Apr 28
Schneider Electric confirms 2025 outlook implying a lower adjusted EBITA margin
By Anna Peverieri April 28 (Reuters) - Electrical equipment maker Schneider Electric SCHN.PA cut its 2025 implied core profit margin outlook on Monday due to the impact of foreign exchange rates, after its sales missed market expectations in the first quarter. Schneider Electric, which develops A...Reuters
Mon, Apr 28
CANADA FX DEBT-Canadian dollar steadies as voters head to the polls
Loonie trades in a range of 1.3826 to 1.3892Price of oil declines 2.2%Wholesale trade most likely falls 0.3% in March 10-year yield eases about half a basis pointBy Fergal Smith TORONTO, April 28 (Reuters) - The Canadian dollar was barely changed against its U.S. counterpart on Monday as oil pric...Reuters
Mon, Apr 28
EUR/GBP Price Analysis: Pair holds neutral bias at the start of the week
After Monday’s European session, the EUR/GBP pair was seen trading near the 0.85 zone, having moved lower earlier in the day. The pair slipped moderately and remains neutral overall, staying contained within today’s trading range.Fxstreet
Mon, Apr 28
FOREX-Dollar mixed against other major currencies ahead of US data
US dollar set for heavy monthly fall versus yen, euroUS jobs data, GDP in focus Euro zone CPI readings due from TuesdayTraders confused by mixed signals on US-China trade relationsBy Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, April 28 (Reuters) - The U.S. dollar traded mixed over...Reuters
Mon, Apr 28
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3868 to the greenback, or 72.11 U.S. cents, after trading in a range of 1.3851 to 1.3892.Canadian government 10-year bond yields CA10YT=RR r...Reuters
Mon, Apr 28
