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FOREX-Dollar rally unravels as investors shrug off Trump U-turns
By Amanda Cooper LONDON, April 24 (Reuters) - The dollar staged a broad retreat on Thursday, as investor gloom over the lack of any real progress towards defusing the U.S./China trade war reasserted itself following a brief interlude of optimism the previous day.U.S. assets including the dollar r...
Reuters
Thu, Apr 24
West Pharma raises profit forecast as dollar weakens amid Trump's tariff policies
April 24 (Reuters) - West Pharmaceutical Services WST.N raised its annual profit forecast on Thursday, anticipating a boost from a weaker dollar to shield it from a potential hit from U.S. President Donald Trump's tariffs. The Pennsylvania-based company said it expected a $20 million to $25...
Reuters
Thu, Apr 24
Merck posts higher profit, puts tariffs cost at $200 million
Q1 earnings per share at $2.22 vs forecast at $2.14 a share World sales dip 2% to $15.5 billion vs forecast $15.3 billion Sales of Gardasil fall 41% to $1.3 billion By Deena Beasley April 24 (Reuters) - Merck MRK.N on Thursday said its first-quarter adjusted profit rose 7% as lower costs helped o...
Reuters
Thu, Apr 24
Russian rouble little changed ahead of new Russia-US talks
MOSCOW, April 24 (Reuters) - The Russian rouble was little changed against the U.S. dollar and China's yuan on Thursday ahead of a new round of talks between Russia and the United States expected to take place on Friday. At 1006 GMT, the rouble was flat at 83.00 against the U.S. dollar, accordin...
Reuters
Thu, Apr 24
Sterling gains against wilting dollar as gloom over trade returns
By Amanda Cooper LONDON, April 24 (Reuters) - The pound rallied against the dollar on Thursday amid growing investor pessimism over the lack of any real progress in de-escalating the trade war between the U.S. and China, the world's two largest economies.U.S. assets, including the dollar, had...
Reuters
Thu, Apr 24
CEE MARKETS-Rate cut expectations weigh on Polish zloty
By Alan Charlish WARSAW, April 24 (Reuters) - The Polish zloty EURPLN= was a touch weaker on Thursday, as rising expectations of a rate cut in May offset optimism about an easing of global trade tensions.U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United ...
Reuters
Thu, Apr 24
NZD/USD advances to near 0.6000 ahead of US Initial Jobless Claims data
NZD/USD edges higher after two consecutive sessions of losses, trading near 0.5980 during European hours on Thursday.
NZD/USD
Fxstreet
Thu, Apr 24
US dollar rebounds slightly, but remains one of the worst performers this year
The Dollar crawled off the floor in the early Thursday hours, but it’s still stuck near the bottom in 2025. The mini comeback followed US President Donald Trump’s decision to cool off on firing Federal Reserve Chair Jerome Powell, and a change in tone from the White House on its trade fight with...
Cryptopolitan
Thu, Apr 24
Germany IFO – Expectations came in at 87.4, above expectations (85) in April
Germany IFO – Expectations came in at 87.4, above expectations (85) in April
EUR/USD
Fxstreet
Thu, Apr 24
Germany IFO – Business Climate above expectations (85.2) in April: Actual (86.9)
Germany IFO – Business Climate above expectations (85.2) in April: Actual (86.9)
EUR/USD
Fxstreet
Thu, Apr 24
Germany IFO – Current Assessment came in at 86.4, above forecasts (85.5) in April
Germany IFO – Current Assessment came in at 86.4, above forecasts (85.5) in April
EUR/USD
Fxstreet
Thu, Apr 24
EUR/GBP rises above 0.8550 due to optimism over potential US-China trade negotiations
EUR/GBP edges higher after two consecutive sessions of losses, trading near 0.8560 during early European hours on Thursday. The currency cross gains traction as the Euro (EUR) finds support amid renewed optimism over potential US-China trade negotiations.
EUR/GBP
Fxstreet
Thu, Apr 24
FOREX-Dollar rally fades as investors shrug off Trump U-turns
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, April 24 (Reuters) - The U.S. dollar eased on Thursday, surrendering some of the previous day's big gains after U.S. President Donald Trump backed down from threats to fire the head of the Federal Reserve and appeared to soften his ...
Reuters
Thu, Apr 24
COLUMN-Trump could spur central banks to adopt digital coins: Peacock
By Mike PeacockApril 24, LONDON - Central bank digital currencies have often been deemed a solution in search of a problem. But U.S. President Donald Trump appears to have provided a rationale for CBDCs, even as he has banned the development of a digital dollar.A CBDC, as its name suggests, is a dig...
Reuters
Thu, Apr 24
FOREX-Dollar rebound loses steam with trade in focus
SINGAPORE, April 24 (Reuters) - The dollar took a breather on Thursday, following a sharp bounce after U.S. President Donald Trump backed away from threats to fire Federal Reserve Chair Jerome Powell and his administration opened the door to a softer stance on China tariffs.After dipping below 140 y...
Reuters
Thu, Apr 24
EUR/JPY breaks below 162.00 as safe-haven demand lifts Yen amid trade uncertainty
EUR/JPY retraces its recent gains registered in the previous session, trading around 161.90 during the Asian hours on Thursday. The currency cross depreciates as the Japanese Yen (JPY) strengthens, as investors flock to safe-haven assets amid renewed concerns over global trade tensions.
EUR/JPY
Fxstreet
Thu, Apr 24
Japan urges G20 to stabilise markets, warns of US tariff damage
Japan, US finance chiefs to hold bilateral meeting ThursdayJapan tells G20 geopolitics, US tariffs destabilising marketsJapan flagged China's overcapacity in G7 finance meetingBy Leika Kihara WASHINGTON, April 23 (Reuters) - Japanese Finance Minister Katsunobu Kato on Wednesday urged G20 coun...
Reuters
Thu, Apr 24
Japan finance minister to stress need for close coordination in talks with Bessent
WASHINGTON, April 23 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Wednesday that he hopes to hold talks with U.S. Treasury Secretary Scott Bessent on the basis of past understanding on the need for close coordination.Kato, speaking to reporters after meetings of the Group of Seven an...
Reuters
Thu, Apr 24
India Morning Newsletter, April 24
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Thu, Apr 24
Australia, NZ dollars manage to steady amid US policy turbulence
By Wayne Cole SYDNEY, April 24 (Reuters) - The Australian and New Zealand dollars were holding their ground on Thursday as market hopes for some cooling in the U.S.-China trade war supported risk assets, at the expense of the euro and the yen.Trading was again very volatile as White House policy ...
Reuters
Thu, Apr 24
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