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FOREX-Dollar back under pressure, safe havens outperform
Yen climbs into U.S.-Japan trade talksSwiss franc continues to post gains on dollar Bank of Canada meeting eyed, 40% chance of a rate cutBy Tom Westbrook and Alun John SINGAPORE/LONDON, April 16 (Reuters) - The dollar resumed its descent on Wednesday, dropping across the board and losing the ...Reuters
Wed, Apr 16
NZD/USD rises above 0.5900 as US Dollar struggles ahead of US Retail Sales data
NZD/USD continues its winning streak for the sixth successive day, trading around 0.5910 during the European hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the release of key economic data from China.
Fxstreet
Wed, Apr 16
Pound rises against dollar; UK inflation slows more than expected
LONDON, April 16 (Reuters) - Sterling edged up against the dollar on Wednesday, as heightened uncertainty over the outlook for U.S. trade policy kept the U.S. currency under pressure across the board, while a batch of softer UK inflation data dented the pound against the euro.British inflation slowe...Reuters
Wed, Apr 16
UK inflation slows before expected jump from April
UK CPI slows to 2.6% in March from February's 2.8%Services inflation 4.7% vs 4.8%Price rises weaker than BoE forecast Expert say March drop is 'calm before storm' Markets see 86% chance of a May rate cutBy Suban Abdulla and William SchombergLONDON, April 16 (Reuters) - British inflation ...Reuters
Wed, Apr 16
RPT-COLUMN-US 'strong dollar' policy rings increasingly hollow: McGeever
By Jamie McGeeverORLANDO, Florida, April 15 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday repeated the mantra we've heard from his nine predecessors: "We have a strong dollar policy." While the words are familiar, the conviction behind them may have softened.It was former T...Reuters
Wed, Apr 16
GBP/JPY Price Forecast: Bearish outlook remains intact below 189.00
The GBP/JPY cross attracts some sellers to around 188.80 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Japanese Yen (JPY) after the UK Consumer Price Index (CPI) inflation report.
Fxstreet
Wed, Apr 16
Pound softens slightly after below expectation British inflation data
LONDON, April 16 (Reuters) - Sterling dropped slightly on Thursday after data showed British inflation slowed in March, though the currency remained up on the day against the dollar thanks to earlier gains. British inflation slowed to an annual rate of 2.6% in March from 2.8% in February below analy...Reuters
Wed, Apr 16
UK inflation slows to 2.6% in March, ONS says
LONDON, April 16 (Reuters) - British inflation slowed to an annual rate of 2.6% in March from 2.8% in February, official figures showed on Wednesday.A Reuters poll of economists had pointed to a reading of 2.7% in March, in line with the Bank of England's forecast which was published in February...Reuters
Wed, Apr 16
FOREX-Dollar fighting for footing as trade talks begin
Yen climbs into U.S.-Japan trade talksSterling hits 6-month high, buoyed by potential trade dealBoC meeting eyed, 40% chance of a rate cutBy Tom Westbrook SINGAPORE, April 16 (Reuters) - The dollar struggled to hold a small bounce on Wednesday, with the franc, euro and yen heading higher and ster...Reuters
Wed, Apr 16
China's yuan slips as worsening Sino-US relations outweigh upbeat Q1 data
SHANGHAI, April 16 (Reuters) - China's yuan slipped against the dollar on Wednesday, as worries over worsening trade relations between the world's two largest economies outweighed better-than-expected first-quarter economic growth data.China's gross domestic product (GDP) grew 5.4% in th...Reuters
Wed, Apr 16
Australia, NZ dollars sustain gains, China data lightens trade gloom
SYDNEY, April 16 (Reuters) - The Australian and New Zealand dollars looked to consolidate five sessions of gains on Wednesday as upbeat economic data from China provided a welcome contrast to all the global trade gloom.Figures on retail sales and industrial output for March were well above forecasts...Reuters
Wed, Apr 16
Japanese Yen remains close to multi-month top against a broadly weaker USD
The Japanese Yen (JPY) regains positive traction following the previous day's modest downtick as trade-related uncertainties keep investors on the edge and continue to underpin traditional safe-haven assets.
Fxstreet
Wed, Apr 16
FOREX-Dollar sellers take a breather; sterling stands tall
Investors pause dollar selling, await progress on U.S. trade talksSterling hits 6-month high, buoyed by potential U.S.-UK trade dealFocus on bond market and yuan for currency directionBy Tom WestbrookSINGAPORE, April 16 (Reuters) - The dollar clung to a small bounce on Wednesday, as investors took a...Reuters
Wed, Apr 16
