News
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Polish central bank reports loss of $3.6 billion in 2024 amid robust zloty
WARSAW, April 22 (Reuters) - The National Bank of Poland (NBP) reported a loss of 13.35 billion zlotys ($3.59 billion) in 2024, compared to a loss of 20.8 billion zlotys the previous year, largely due to a stronger currency, it said in a report published on Tuesday.The loss came amid the costs of co...Reuters
Tue, Apr 22
NZD/USD maintains position above 0.6000 near five-month highs due to US uncertainty
NZD/USD extends its winning streak from April 9, trading near the 0.6000 level during early European hours on Tuesday. The pair continues to gain as the US Dollar (USD) weakens under the weight of growing economic and political uncertainty in the United States.
Fxstreet
Tue, Apr 22
RPT-COLUMN-Dollar would be biggest casualty if Trump fires Fed Chair: McGeever
By Jamie McGeeverORLANDO, Florida, April 21 (Reuters) - If U.S. President Donald Trump wants a weaker dollar, threatening to fire Federal Reserve Chair Jerome Powell is a sure-fire way of getting it. But rarely in markets, economics and policymaking has the phrase "be careful what you wish for&#...Reuters
Tue, Apr 22
Japan business lobby chief says rapid forex fluctuation undesirable
TOKYO, April 22 (Reuters) - The head of Japanese business lobby Keidanren, Masakazu Tokura, on Tuesday said rapid foreign exchange fluctuation is undesirable and that currencies must stabilise as much as possible to reflect economic fundamentals.Tokura was speaking after the U.S. dollar fell below 1...Reuters
Tue, Apr 22
EUR/GBP moves below 0.8600, retreats due to optimism surrounding US-UK trade negotiations
EUR/GBP loses ground after two days of gains, trading around 0.8600 during the Asian hours on Tuesday. The Pound Sterling (GBP) is gaining traction, supported by optimism surrounding ongoing US-UK trade negotiations.
Fxstreet
Tue, Apr 22
Japan sees little scope for grand deal on yen in talks with U.S.
TOKYO, April 22 (Reuters) - When Japanese Finance Minister Katsunobu Kato meets his U.S. counterpart Scott Bessent in Washington this week, the yen is shaping up to be a major topic of discussion, though sources say Tokyo will push back against any request to boost its currency.
Reuters
Tue, Apr 22
FOREX-Dollar sinks as Trump's attacks on Fed chief unsettle traders
Trump calls Powell "major loser", demands rate cut "NOW"Safe-haven yen notched new 7-month high versus dollar Swiss franc near decade peak, euro close to 3-1/2-year highDollar took a step lower after trade talks with Bangkok delayedBy Kevin Buckland TOKYO, April 22 (Reuters) - The...Reuters
Tue, Apr 22
EUR/JPY attracts some sellers to near 161.50 amid safe-haven flows
The EUR/JPY cross attracts some sellers to around 161.65 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid concerns over US President Donald Trump's tariffs and the escalating US-China trade war.
Fxstreet
Tue, Apr 22
INDIA RUPEE-Rupee little changed, wedged between modest inflows and weaker yuan
By Jaspreet Kalra MUMBAI, April 22 (Reuters) - The Indian rupee treaded water on Tuesday as mild dollar inflows helped offset the impact of the Chinese yuan's decline, with traders expecting the rupee to hold a slightly positive bias in the near term.The rupee INR=IN was nearly flat at 85.13 ...Reuters
Tue, Apr 22
China's yuan pulls back, trade row keeps markets wary
SHANGHAI, April 22 (Reuters) - China's yuan slipped to the weakest level in a week against the dollar on Tuesday as traders remained wary about the economic risks of an escalating trade war between the world's two biggest economies. The focus will be on which country will prevail in the...Reuters
Tue, Apr 22
USD/CHF hovers near 0.8050, 14-year lows due to rising US uncertainty, safe-haven demand
USD/CHF continues to slide for the third consecutive session, trading near 0.8070 during Tuesday's Asian session. The pair remains under pressure as the US Dollar (USD) struggles against a backdrop of escalating economic and political uncertainty in the United States.
Fxstreet
Tue, Apr 22
Australia, New Zealand dollars near 2025 highs as US asset sales gather pace
SYDNEY, April 22 (Reuters) - The Australian and New Zealand dollars hovered near 2025 highs on Tuesday, having cracked major resistance as U.S. President Donald Trump's tirade against the Federal Reserve further undermined investor trust in U.S. assets.
GBP/USD edges higher above 1.3350 as Trump’s attacks on Powell threaten Fed’s independence
The GBP/USD pair trades in positive territory around 1.3370 during the early Asian session on Tuesday. Fears of a slowdown in the United States (US) and concerns over the Federal Reserve (Fed) independence drag the US Dollar (USD) lower and create a tailwind for a major pair.
Fxstreet
Tue, Apr 22
FOREX-Dollar wallows near 3-year low as Trump's attacks on Fed chief unnerve traders
Trump calls Powell "major loser", demands rate cut "NOW"Safe-haven Swiss franc notched decade high to dollar on MondayEuro hovers near 3-1/3-year peak, yen close to 7-month highBy Kevin Buckland TOKYO, April 22 (Reuters) - The dollar languished near its lowest level in three years...Reuters
Tue, Apr 22
Dollar hits three-year low as Trump attacks threaten Fed's independence
NEW YORK, April 21 (Reuters) - The dollar tumbled on Monday to its lowest level in three years as investor confidence in the U.S. economy took another hit over President Donald Trump's attacks on the Federal Reserve chairman, potentially putting the central bank's independence under threat.
USD/CAD remains on the defensive below 1.3850 amid Fed independence fears
The USD/CAD pair loses ground to near 1.3835 during the early Asian session on Tuesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) amid fears of a slowdown in the US and concerns over the Federal Reserve's (Fed) independence.
Fxstreet
Tue, Apr 22
EUR/USD gathers strength above 1.1500 as Trump threatens Fed independence
The EUR/USD pair extends its upside to around 1.1520 during the early Asian session on Tuesday, pressured by a weaker US Dollar (USD). The US Dollar Index (DXY) fell to its lowest since March 2022, near 98.30, as traders kept losing confidence in the US economy.
Fxstreet
Mon, Apr 21
