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Dollar drifts higher at end of volatile week of Trump backflips
Beijing denies Trump assertion that direct talks are underwaySigns of progress in negotiations with allies Japan, South KoreaDollar up slightly for the week, may snap four-week losing runBy Kevin Buckland TOKYO, April 25 (Reuters) - The dollar drifted higher on Friday, following small losses a daReuters
Fri, Apr 25
China's yuan slips, tariff developments and April Politburo meeting in focus
SHANGHAI, April 25 (Reuters) - China's yuan slipped against the dollar on Friday, as investors headed into the weekend fretting about U.S. President Donald Trump's capricious tariff policy that has dramatically raised the level of uncertainty in financial markets. Global currency markets had...Reuters
Fri, Apr 25
South Korea, US aim for trade package before tariff pause ends in July
South Korea seeks tariff exemption, offers cooperation on shipbuilding, energyTariffs, economic security, investment, FX policy to be discussedSouth Korea warns upcoming election may affect negotiation processBy Joyce Lee, Hyunjoo Jin and Nandita Bose SEOUL/WASHINGTON April 25 (Reuters) - South K...Reuters
Fri, Apr 25
INDIA RUPEE-Rupee to ride positive momentum, unlikely to follow Asian peers lower
By Nimesh VoraMUMBAI, April 25 (Reuters) - The Indian rupee is likely to sidestep the regional downtrend on Friday, with support coming from the encouraging intraday reversal seen in the previous session. The 1-month non-deliverable forward indicated that the rupee INR=IN will open slightly high...Reuters
Fri, Apr 25
NZD/USD softens below 0.6000, eyes on US-China trade tensions
The NZD/USD pair edges lower to around 0.5985 during the Asian session on Friday, pressured by the firmer Greenback. The lack of progress toward defusing the US-China trade deal exerts some selling pressure on the China-proxy Kiwi.
Fxstreet
Fri, Apr 25
GBP/USD weakens to near 1.3300 ahead of UK Retail Sales release
The GBP/USD pair attracts some sellers to around 1.3310 during the early Asian session on Friday, pressured by the renewed US Dollar (USD) demand. The UK Retail Sales data for March will be the highlight later on Friday.
Fxstreet
Fri, Apr 25
USD/JPY slips as Fed cut hopes rise and tariff confusion grows
The USD/JPY pair moved lower during Thursday’s European session, retreating toward the 143.00 zone after two days of modest recovery. The shift comes amid renewed US Dollar weakness as Fed rate cut speculation resurfaces and trade headlines stir market uncertainty.
Fxstreet
Fri, Apr 25
South Korea, US aim for package of deals before tariff pause ends in July
South Korea seeks tariff exemption, offers cooperation on shipbuilding, energyTariffs, economic security, investment, FX policy discussedSouth Korea warns upcoming election may affect negotiation processBy Joyce Lee, Hyunjoo Jin and Nandita BoseSEOUL/WASHINGTON April 25 (Reuters) - South Korea and t...Reuters
Fri, Apr 25
EUR/USD edges lower below 1.1400 amid trade uncertainty
The EUR/USD pair weakens to near 1.1380 during the early Asian session on Friday. However, the downside for the major pair might be limited as investors remain concerned about the US-China trade tensions. Later on Friday, the final reading of Michigan Consumer Sentiment will be released.
Fxstreet
Thu, Apr 24
BOJ's Ueda keeps rate-hike pledge but warns of US tariff impact
BOJ will keep raising rates if inflation heads for 2%, Ueda saysBOJ to scrutinise how data affects likelihood of meeting targetNo divergence in policymakers' view on tariff impact on growthBOJ set to keep rates steady next week, cut growth f'castsBy Leika Kihara WASHINGTON, April 24 (Reut...Reuters
Thu, Apr 24
Japan says no talk of currency target, yen control in finance dialogue with US
Japan's Kato, US Bessent meet for 1st face-to-face talksKato says explained Japan's economy, wages to BessentUS Treasury issues no statement on bilateral meetingBOJ chief says focusing on durably achieving price goalBy Leika Kihara WASHINGTON, April 24 (Reuters) - Japanese Finance Min...Reuters
Thu, Apr 24
UK's Reeves, ahead of US trade talks, nods to Trump's global economy worries
Reeves acknowledges Trump's concerns about ChinaUK minister also says where goods are made mattersBut trade tariffs are a blunt instrument to fix problemsReeves is due to meet U.S. Treasury Sec. Bessent on FridayUK-US trade deal is on the agenda at discussionsBy William Schomberg WASHINGTON, ...Reuters
Thu, Apr 24
BOJ will keep raising rates if inflation converge toward 2%, governor Ueda says
WASHINGTON, April 24 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to raise interest rates if underlying inflation converges toward its 2% inflation target as projected.But he said the central bank will scrutinise "without pre-conception" wheth...Reuters
Thu, Apr 24
Japan, US finance chiefs did not discuss FX targets, framework, Kato says
WASHINGTON, April 24 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Thursday there was no discussion on setting currency targets or a framework on exchange rates in his meeting with U.S. Treasury Secretary Scott Bessent."With regards to the ongoing bilateral trade negotiations, we ...Reuters
Thu, Apr 24
US bank regulators pull back guardrails on bank crypto activities
By Pete Schroeder WASHINGTON, April 24 (Reuters) - U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities.The Federal Reserve said it was withdrawing a pair of supervisory letter...Reuters
Thu, Apr 24
NZD/JPY Price Analysis: Modest recovery holds as bulls eye resistance ahead of Asian session
The NZDJPY pair was seen trading near the 90.50 area on Thursday, stabilizing after mild intraday gains. The pair is attempting to consolidate above key short-term levels, as investors weigh broad risk sentiment and upcoming Asian market flows.
Fxstreet
Thu, Apr 24
Deals of the day-Mergers and acquisitions
April 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 20:00 GMT on Thursday:** Germany's Merck KGaA MRCG.DE is nearing a roughly $3.5 billion deal for SpringWorks Therapeutics SWTX.O, the Wall Street Journal reported on Thursday, citing people familiar wit...Reuters
Thu, Apr 24
FOREX-Dollar rally unravels as investors shrug off Trump U-turns
Dollar falls against major pairsChina says no negotiations ongoing with US Yen rises against dollar above 142 levelBy Hannah Lang NEW YORK, April 24 (Reuters) - The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress toward defusing the U.S.-China trade war ...Reuters
Thu, Apr 24
