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Japan, US finance chiefs meet for talks on currency rates
Japan's Kato, US Bessent meet for 1st face-to-face talksMarkets focused on whether US could press Japan to prop up yenJapan wary of taking direct action to strengthen yenTokyo's priority would be to avoid explicit FX commitmentBy Leika Kihara WASHINGTON, April 24 (Reuters) - Japanese and ...Reuters
Thu, Apr 24
CANADA FX DEBT-Canadian dollar claws back some losses but lags G10 peers
Canadian dollar gains 0.1% against the greenbackTrades in a range of 1.3841 to 1.3899Price of oil settles 0.8% higherBond yields ease across the curveBy Fergal Smith TORONTO, April 24 (Reuters) - The Canadian dollar clawed back some of the previous day's losses against its U.S. counterpart on...Reuters
Thu, Apr 24
Bank of England's Bailey focuses on growth hit from tariffs
By William Schomberg WASHINGTON, April 24 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday he was focused on an expected shock to economic growth from U.S. President Donald Trump's import tariffs and retaliatory measures by other countries, but did not foresee a recession i...Reuters
Thu, Apr 24
Asian central banks have space to ease rates to soften US tariff hit, IMF official says
IMF cuts Asian growth to 3.9% in 2025, 4.0% in 2026Greater exposure to US makes Asian economies vulnerableAsia faces sharper policy trade-offs to cope with US tariff hitIMF warns market volatility may tighten financial conditionsIMF sees scope for more inter-regional trade in AsiaBy Leika Kihara ...Reuters
Thu, Apr 24
BREAKINGVIEWS-SoftBank grasps the riskiest end of crypto mania
By Pranav KiranTORONTO, April 24 (Reuters Breakingviews) - The investment giant behind WeWork isn’t afraid to make big, questionable-seeming bets. At the very least, though, SoftBank boss Masayoshi Son can say that he just misread the potential of the failed landlord’s business model. Explaining aw...Reuters
Thu, Apr 24
EUR/USD Price Analysis: Pair climbs toward mid-1.1300s, bullish bias holds steady
The EURUSD pair gained ground following Thursday’s European session, moving near the 1.1350 area within a relatively narrow daily range. The upward move builds on recent strength, keeping the pair comfortably within bullish territory for now.
Fxstreet
Thu, Apr 24
Bank of England's Bailey says he is focused on the growth hit from tariffs
WASHINGTON, April 24 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday he was focused on the shock to economic growth that is likely to be felt from U.S. President Donald Trump's import tariffs and retaliatory measures taken by other countries."We are certainly quite focuse...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 and Amanda Cooper NEW YORK/LONDON, April 24 (Reuters) - The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress towards defusing the...Reuters
Thu, Apr 24
COMMENT-Door left ajar for ECB to deliver a larger cut
April 24 (Reuters) - The backdrop of trade tariffs weighing on the economic outlook has seen the European Central Bank shift towards a much more dovish stance. This was highlighted at President Christine Lagarde’s post decision press conference and since echoed by several members on the governing co...Reuters
Thu, Apr 24
Ukraine raised Russian frozen assets with US Treasury, says central bank governor
LONDON, April 24 (Reuters) - Ukraine raised the issue of frozen Russian assets which are needed to cover the country's reconstruction efforts with the U.S. Treasury at a meeting in Washington on Wednesday, the country's central bank governor Andriy Pyshnyi said. After Russian President Vladi...Reuters
Thu, Apr 24
ECB's Lane says now is not the time to talk about bond purchases
WASHINGTON, April 24 (Reuters) - The European Central Bank is not considering bond purchases or other extraordinary stimulus measures because it still has room to cut interest rates, ECB chief economist Philip Lane said on Thursday.The ECB has been cutting rates for nearly a year now after taming a ...Reuters
Thu, Apr 24
Bank of England is midway through Bernanke Review response, Lombardelli says
WASHINGTON, April 24 (Reuters) - The Bank of England is midway through its work in responding to a major review of its forecasting and communication processes, Deputy Governor Clare Lombardelli said on Thursday.The review, published a year ago and authored by former U.S. Federal Reserve Chair Ben Be...Reuters
Thu, Apr 24
Asian central banks have space to ease rates to mitigate US tariff hit, IMF says
IMF cuts Asian growth to 3.9% in 2025, 4.0% in 2026Greater exposure to U.S. makes Asian economies vulnerableAsia faces sharper policy trade-offs to cope with US tariff hitBy Leika Kihara WASHINGTON, April 24 (Reuters) - Many Asian central banks have room to ease monetary policy to cushion the blo...Reuters
Thu, Apr 24
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% higher at C$1.386 to the greenback, or 72.15 U.S. cents, after trading in a range of 1.3841 to 1.3887.Canadian government 10-year bond yields CA10Y...Reuters
Thu, Apr 24
Cryptocurrency campaigners call for Swiss central bank to hold bitcoin
By John RevillBERN, April 24 (Reuters) - Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President Donald Trump's tariffs made it more important for the central bank to diversify its reserves.Suppor...Reuters
Thu, Apr 24
U.S. Spares "Yen" Talks, BOJ Rate Hike to Delay, Yen Weakness Returns?
TradingKey - After U.S. Treasury Secretary Scott Bessent stated that the Trump administration would not seek specific exchange rate targets in trade talks with Japan, the yen fell sharply, with the dollar-yen pair rising over 1%. The market now turns its attention to the second round of U.S.-Japan..TradingKey
Thu, Apr 24
UK's Reeves says she is confident about a trade deal with US
WASHINGTON, April 24 (Reuters) - British finance minister Rachel Reeves said on Thursday she was confident that Britain and the U.S. could reach a trade deal that would reduce the barriers erected by President Donald Trump's import tariffs."We don't always agree with the policy prescript...Reuters
Thu, Apr 24
