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Dollar allocations moving from overweight to more natural weighting, ECB's Lane says
WASHINGTON, April 23 (Reuters) - The recent shifts in asset portfolio allocations away from the dollar may represent a move from overweighting dollar assets to a more natural weighting between dollars and other currencies, including the euro, European Central Bank executive board member Philip LaneReuters
Thu, Apr 24
GBP/USD gains traction above 1.3250 on fresh trade uncertainty
The GBP/USD pair gathers strength to near 1.3270, snapping the two-day losing streak during the early Asian session on Thursday. The US Dollar (USD) weakens against the Cable due to the uncertainty surrounding Trump’s trade policies.
Fxstreet
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 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 yen on...Reuters
Thu, Apr 24
EUR/USD strengthens above 1.1300 on gloomy Fed’s Beige Book
The EUR/USD pair edges higher to around 1.1335 during the early Asian session on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar (USD).
Fxstreet
Wed, Apr 23
IMF expects BOJ to delay further rate hikes due to tariff uncertainty
Inflation to converge to BOJ target in 2027, IMF official saysRisks to Japan's growth, inflation skewed to downsideIMF opposed to sales tax cut, energy subsidiesGlobal lender still sees yen as safe-haven currencyIMF supports Japan's commitment to flexible foreign-exchange regimeBy Leika Kiha...Reuters
Wed, Apr 23
Edwards Lifesciences raises 2025 sales forecast after robust quarter
By Kamal Choudhury April 23 (Reuters) - Edwards Lifesciences EW.N raised its 2025 sales forecast on Wednesday after a quarterly beat, driven by robust demand for its artificial heart valves and other medical equipment.The company has revised its 2025 sales forecast upwards to a range of $5.7 bil...Reuters
Wed, Apr 23
AUD/JPY Price Analysis: Bearish bias holds despite intraday gains
The AUD/JPY pair was seen around the 91.00 zone in Wednesday’s session, staging a modest intraday advance ahead of the Asian session. Despite the bounce from earlier lows, the pair retains a bearish overall tone, capped by key moving averages and a sluggish momentum backdrop.
Fxstreet
Wed, Apr 23
Edwards Lifesciences raises 2025 sales forecast after robust quarter
April 23 (Reuters) - Edwards Lifesciences EW.N raised its 2025 sales forecast on Wednesday after a quarterly beat, driven by robust demand for its artificial heart valves and other medical equipment.The company has revised its 2025 sales forecast upwards to a range of $5.7 billion to $6.1 billion, f...Reuters
Wed, Apr 23
US, China tariffs both need to fall for trade talks to start, Bessent says
Bessent sees mutual tariff reduction before talksNegotiations with multiple countries aim to restore tariff certaintyBessent confident in U.S. growth despite IMF downgradeNo specific currency targets in U.S.-Japan trade talksBy David Lawder WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary...Reuters
Wed, Apr 23
FOREX-Dollar rebounds as White House seeks to ease tensions over Fed, China trade
Dollar rises against most currencies on China trade reportsTrump backs away from threat to fire Fed's PowellOptimism around trade deals soothe investor worries By Hannah Lang April 23 (Reuters) - The U.S. dollar staged a rebound against its major peers on Wednesday on hopes of de-escalating t...Reuters
Wed, Apr 23
CANADA FX DEBT-Canadian dollar hits six-day low as hopes of lower tariffs lift greenback
Canadian dollar falls 0.5% against the greenbackTouches its weakest since last Thursday at 1.3904Price of US oil settles down 2.2%Bond yields rise across the curveBy Fergal Smith TORONTO, April 23 (Reuters) - The Canadian dollar weakened to a near one-week low against its U.S. counterpart on Wedn...Reuters
Wed, Apr 23
BoE must take trade war risk to growth very seriously, Bailey says
WASHINGTON, April 23 (Reuters) - The Bank of England is taking very seriously the risk to economic growth from the upheaval in global trade, Governor Andrew Bailey said on Wednesday, two weeks before the BoE's next interest rate decision and its latest economic forecasts.Bailey, speaking on the ...Reuters
Wed, Apr 23
US rules out setting currency targets in trade talks with Japan
US has no currency targets in mind, Bessent saysBessent says US expects Japan to honor G7 agreementTreasury chief expected to meet Japanese counterpart this weekBy David Lawder and Leika Kihara WASHINGTON, April 23 (Reuters) - The U.S. does not have specific currency targets in mind as part o...Reuters
Wed, Apr 23
BoE's Bailey urges U.S. to adopt Basel bank capital rules
WASHINGTON, April 23 (Reuters) - Bank of England Governor Andrew Bailey on Wednesday urged the United States to adopt Basel bank capital rules, stressing the importance of a level playing field on banking rules. "It's not for me to say what the U.S. should do, but I will say I strongly encou...Reuters
Wed, Apr 23
U.S. has no currency targets in mind in talks with Japan, Bessent says
WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he does not have specific currency targets in mind as part of bilateral trade talks with Japan."We'd expect the Japanese to honor the G7 agreement," Bessent told reporters on the sidelines of Interna...Reuters
Wed, Apr 23
BoE's Bailey says risk to growth from trade disruption must be taken seriously
WASHINGTON, April 23 (Reuters) - The Bank of England must take the risk to economic growth from global trade disruption very seriously, Governor Andrew Bailey said on Wednesday."We do have to take very seriously the risk to growth," Bailey said at an event at the Institute of International F...Reuters
Wed, Apr 23
World Bank adds Bayer, Hyatt and other CEOs to private sector initiative
By Andrea ShalalWASHINGTON, April 23 (Reuters) - The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark Hoplamazian, to an initiative working to address barriers to private sector investment in developing countries.World Bank President A...Reuters
Wed, Apr 23
UK moves to protect businesses against dumped imports
By William SchombergWASHINGTON, April 23 (Reuters) - British finance minister Rachel Reeves announced steps on Wednesday to prevent the dumping of goods with unfairly low prices into the country which could surge as a result of U.S. President Donald Trump's sky-high tariff on imports from China....Reuters
Wed, Apr 23
