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Tanzania central bank holds key rate, eye on global trade
DAR ES SALAAM, April 4 (Reuters) - Tanzania's central bank on Friday kept its key interest rate TZINTR=ECI unchanged at 6%, saying that while inflation was under control global trade tensions posed a risk. It was the fourth monetary policy meeting in a row that the rate was...Reuters
Fri, Apr 4
Russian rouble little changed amid global forex turbulence
MOSCOW, April 4 (Reuters) - The Russian rouble was little changed against the U.S. dollar and China's yuan on Friday, amid turbulence in global forex markets caused by U.S. President Donald Trump's sweeping tariffs, which triggered a plunge in global financial markets. By 0910 GMT, the...Reuters
Fri, Apr 4
CEE MARKETS-Central Europe stocks set for biggest weekly fall in years, FX slips
BUDAPEST, April 4 (Reuters) - Central Europe's stocks were on course for their worst weekly loss in at least two years on Friday and currencies slipped to multi-week lows as U.S. President Donald Trump's sweeping tariffs rattled global markets.Shares fell, tracking their European peers that ...Reuters
Fri, Apr 4
FOREX-Euro edges towards six-month high, risk-sensitive Aussie dives
Investors asses the impact of US tariffsUS dollar hits a 6-month low versus safe-haven Swiss FrancTrump levies spur traders to increase bets on central banks easingAnalysts warn of dollar losing preferred currency statusBy Kevin Buckland and Stefano Rebaudo April 4 (Reuters) - The euro edged towa...Reuters
Fri, Apr 4
RPT-COLUMN-What direction will the trade war take? Watch the yuan: McGeever
By Jamie McGeeverORLANDO, Florida, April 3 (Reuters) - What's the most important exchange rate in the world right now? Probably dollar/yuan.How Beijing responds to the eye-popping tariffs the Trump administration slapped on Chinese exports to the U.S. will be critical not only for China, but als...Reuters
Fri, Apr 4
USD/CHF slumps to near 0.8550 amid Trump tariff uncertainty, US NFP data in focus
The USD/CHF pair attracts some sellers to around 0.8550 during the early European session on Friday, pressured by the weaker US Dollar (USD). The Swiss Franc (CHF) gathers strength against the Greenback amid an increased risk-off mood by investors.
Fxstreet
Fri, Apr 4
ANALYSIS-After tariff shock, Trump may weaponise finance against allies
U.S. wields power as epicentre of financial worldMar-a-Lago accord for dollar devaluation seen as unlikelyMore aggressive tactics may involve dollar funding, paymentsU.S. bankers fear European blowbackBy Francesco Canepa and John O'Donnell FRANKFURT, April 4 (Reuters) - With the ink still fre...Reuters
Fri, Apr 4
EUR/USD rises above 1.1050 ahead of US NFP release
The EUR/USD pair trades in positive territory for the third consecutive day around 1.1080 during the early European session on Friday bolstered by the broader US Dollar weakness. Investors await the German Factory Orders and US employment report, which will be published later on Friday.Fxstreet
Fri, Apr 4
NZD/USD tumbles below 0.5750 amid US-China trade tensions, RBNZ rate cut bets
The NZD/USD pair falls to near 0.5720 during the early European session on Friday. The fears of an escalation of a trade war between the United States (US) and China exert some selling pressure on the China-proxy Kiwi.
Fxstreet
Fri, Apr 4
FOREX-Dollar swoons as traders weigh tariff fallout ahead of US jobs report
Safehaven yen heads for 6-month high on recession worriesAggressive Trump levies spur traders to ramp up Fed easing betsAnalysts warn of dollar losing preferred currency statusBy Kevin Buckland TOKYO, April 4 (Reuters) - The U.S. dollar sank on Friday and the safe-haven yen strengthened towards a...Reuters
Fri, Apr 4
Australia, NZ dollars hit anew as risk sentiment sours, yields dive
Risk aversion sparks sharp reversal as AUD drops 1.3%Australia longer-dated bonds boast their best day in two yearsMarkets price in 100 bp of rate cuts from RBA this yearBy Wayne Cole SYDNEY, April 4 (Reuters) - The Australian and New Zealand dollars took a sharp turn lower on Friday as fresh los...Reuters
Fri, Apr 4
ANALYSIS-Trump tariffs may delay, but won't derail, Japan rate hikes
BOJ seen keeping rates steady at May 1 meetingBoard seen cutting growth forecasts on Trump tariff hitDomestic price pressure already alarming hawks in boardDelaying rate hikes not without cost, may weigh on yenBy Leika Kihara TOKYO, April 4 (Reuters) - New U.S. tariffs announced by President Dona...Reuters
Fri, Apr 4
BOJ's Ueda warns of hit to Japan economy from Trump tariffs
Trump tariffs to affect trade, business sentiment, Ueda saysImpact on Japan prices hard to say, may work both waysUeda says uncertainty on outlook has heightenedBOJ tankan underscores central bank's forecast of moderate recoveryBOJ to keep hiking rates if underlying inflation heads toward 2%By L...Reuters
Fri, Apr 4
FOREX-Dollar fragile as traders take stock of tariff fallout ahead of US jobs report
Safe-haven yen hovers near 6-month high on recession worriesAggressive Trump levies spur traders to ramp up Fed easing betsAnalysts warn of dollar losing preferred currency statusBy Kevin Buckland TOKYO, April 4 (Reuters) - The U.S. dollar struggled to regain its footing with the safe-haven yen h...Reuters
Fri, Apr 4
AUD/USD posts modest gains above 0.6300 as Trump tariffs fuel recession fears
The AUD/USD pair edges higher to around 0.6330 during the early Asian session on Friday. The US Dollar (USD) weakens against the Australian Dollar (AUD) as US President Donald Trump's fresh trade tariffs stoke fears of a global recession.
Fxstreet
Fri, Apr 4
Australia, NZ dollars get reprieve as bears turn on USD; bonds surge
Australia longer-dated bonds boast their best day in two yearsMarkets price in 100 bp in rate cuts from RBA this yearKiwi briefly hits 4-month peak overnightBy Wayne Cole SYDNEY, April 4 (Reuters) - The Australian and New Zealand dollars looked to end a rough week on a steadier note on Friday aft...Reuters
Fri, Apr 4
RPT-ANALYSIS-Emerging economies brace for Trump tariff 'turning point'
'Factory Asia' hardest hit by tariffsVietnam stocks, Sri Lanka debt, Asian currencies tumbleJPMorgan lowers EM FX, warns of enduring 'shock to sentiment''Gravitational shift' in global trade and investmentBy Rae Wee, Karin Strohecker and Libby George SINGAPORE/LONDON, Apri...Reuters
Fri, Apr 4
