News
Important Only
USD/CHF holds gains near 0.8150, hovers near multi-year lows due to safe-haven demand
The USD/CHF pair is attempting to recover from recent losses registered in the previous session, trading around 0.8160 during Thursday’s Asian hours. However, it remains close to the 0.8099 mark—its lowest level since September 2011, touched on April 11.
Fxstreet
Thu, Apr 17
EUR/USD Price Forecast: Softens to near 1.1350, overbought RSI condition eyed
The EUR/USD pair attracts some sellers to around 1.1365 during the early European session on Thursday. Traders might prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision later on Thursday.
Fxstreet
Thu, Apr 17
S.Korea signals rate cuts in May, year ahead as Trump tariffs pose 'significant' risks
BOK signals rate cut in May and year ahead amid U.S. tariff risksGovernor highlights economic uncertainties, board's openness to rate cutsFinance Minister warns of growth risks, plans extra budget spendingBy Cynthia Kim and Jihoon Lee SEOUL, April 17 (Reuters) - South Korea's central bank...Reuters
Thu, Apr 17
India Morning Newsletter, April 17
(India Morning Newsletter will not be published on Friday, April 18, on account of the Good Friday holiday) To access a PDF version of this newsletter, please click hereIf you would like to receive this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-Subscription...Reuters
Thu, Apr 17
Australia, NZ dollars off highs, data causes few ripples
By Wayne Cole SYDNEY, April 17 (Reuters) - The Australian and New Zealand dollars gave back a little of their recent gains on Thursday as their U.S. counterpart bounced from deep lows, while domestic data did nothing to challenge wagers of further rate cuts at home.Closely-watched figures on Aust...Reuters
Thu, Apr 17
USD/CAD edges higher above 1.3850, BoC holds policy rate at 2.75%
The USD/CAD pair trades in positive territory near 1.3880 during the early Asian session on Thursday. However, the upside for the pad might be limited amid the escalating trade uncertainties. Traders brace for the developments surrounding US trade talks with trading partners.
Fxstreet
Thu, Apr 17
FOREX-Dollar slides towards Easter weekend
ECB seen cutting deposit rate 25 bps to 2.25%Japan says FX not discussed at U.S. trade talksDollar/yen lifts slightly from 7-month lowBy Tom Westbrook SINGAPORE, April 17 (Reuters) - The dollar looked set to notch a fourth straight weekly loss on Thursday as tariffs drive investors from U.S. asse...Reuters
Thu, Apr 17
NZD/USD trades with mild gains above 0.5900 after New Zealand’s CPI data
The NZD/USD pair extends the rally to near 0.5935 during the early Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges slightly higher against the US Dollar (USD) after the hotter inflation data. The US Building Permits, Housing Starts, the Philly Fed Manufacturing Index, and the...
Fxstreet
Thu, Apr 17
EUR/USD flat lines near 1.1400 ahead of ECB rate decision
The EUR/USD pair trades on a flat note near 1.1400 during the early Asian session on Thursday. The markets remain cautious as traders wait to see if US President Donald Trump’s administration reaches new trading agreements with partners.Fxstreet
Wed, Apr 16
GBP/JPY Price Analysis: Bears extend control as Pound weakens near 188
The GBP/JPY pair continued to edge lower on Wednesday, falling toward the 188 zone and marking a daily decline of nearly 0.9%. The cross remains anchored near the bottom of its range between 187.668 and 189.664, reinforcing the weight of recent selling pressure.
Fxstreet
Wed, Apr 16
COLUMN-US Big Tech swaps 'safe haven' sheen for trade war target: McGeever
By Jamie McGeeverORLANDO, Florida, April 16 (Reuters) - Treasuries are not the only 'safe haven' U.S. asset getting the cold shoulder as investors around the world rethink their enthusiasm for all things America. The shadow over 'Big Tech' is darkening and lengthening too.In recent w...Reuters
Wed, Apr 16
CORRECTED-Moncler's first-quarter revenue beats expectations as Asian demand holds up
MILAN, April 16 (Reuters) - Italian luxury outerwear group Moncler MONC.MI on Wednesday reported a stronger than expected 1% increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand.Revenues for the three months to the end of March totalled 829 million euro...Reuters
Wed, Apr 16
FOREX-Dollar resumes fall as investors wait on trade talks
Yen climbs into U.S.-Japan trade talksSwiss franc continues to post gains on dollar Fed's Powell says U.S. growth appears to be slowingBy Karen Brettell NEW YORK, April 16 (Reuters) - The dollar resumed its fall on Wednesday with both safe-havens and risk-sensitive currencies outperforming th...Reuters
Wed, Apr 16
CANADA FX DEBT-Canadian dollar rallies as BoC pauses interest rate cuts
Canadian dollar rises 0.6% against the greenbackBank of Canada holds policy rate at 2.75%Investors see 50% chance of June rate cut10-year yield rebounds from eight-day lowBy Fergal Smith TORONTO, April 16 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday as th...Reuters
Wed, Apr 16
Bank of Canada holds rates, says it will act decisively if need be
BoC keeps its key policy rate at 2.75%BOC says it will be less forward-looking than usual due to tariffsBoC is prepared to move decisively if neededTwo scenarios shared for economy instead of single forecastBy Promit Mukherjee and David LjunggrenOTTAWA, April 16 (Reuters) - The Bank of Canada on Wed...Reuters
Wed, Apr 16
