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EUR: Room to price in more tariff risk – ING
EUR/USD has softened a bit into today’s tariff event, but price action suggests strong buying interest below 1.080, in another sign that markets aren’t ready to sink their teeth on a negative, tariff-led euro narrative, ING’s FX analysts Francesco Pesole notes.
Fxstreet
Wed, Apr 2
FOREX-Dollar inches higher as Trump tariff plan keeps traders on edge
Currencies largely subdued ahead of Trump's tariff revealDollar up slightly, worries about darkening U.S. economic outlook persistWhite House Rose Garden announcement scheduled for 2000 GMTBy Rae Wee SINGAPORE, April 2 (Reuters) - The dollar firmed a touch and other currencies held in tight r...Reuters
Wed, Apr 2
RPT-COLUMN-Dollar's record low FX reserves share not all bad news for Trump: McGeever
By Jamie McGeeverORLANDO, Florida, April 2 (Reuters) - In January, U.S. President Donald Trump warned the so-called BRICS nations against replacing, or backing any currency to take the place of, the "mighty U.S. dollar." While the International Monetary Fund's latest foreign exchange res...Reuters
Wed, Apr 2
Indian rupee traders unfazed by looming US tariff risks, market data shows
By Jaspreet Kalra and Nimesh Vora MUMBAI, April 2 (Reuters) - The Indian rupee is not expected to see sharp swings following U.S. President Donald Trump's expected reciprocal tariff announcement on countries including India, multiple market indicators showed.The dollar/rupee spot rate, hedgi...Reuters
Wed, Apr 2
USD/CAD Price Forecast: Holds above 1.4300, 100-day SMA pivotal support ahead of Trump’s tariffs
The USD/CAD pair reverses an Asian session dip to sub-1.4300 levels or a fresh weekly low touched during the Asian session on Wednesday, and for now, seems to have stalled the overnight pullback from the 1.4415 area, or a nearly three-week high.
Fxstreet
Wed, Apr 2
FOREX-Dollar firms as Trump tariff plan keeps traders on edge
Currencies largely subdued ahead of Trump's tariff revealDollar up slightly, worries about darkening U.S. economic outlook persistWhite House Rose Garden announcement scheduled for 2000 GMTBy Rae Wee SINGAPORE, April 2 (Reuters) - The dollar firmed a touch and other currencies held in tight r...Reuters
Wed, Apr 2
GBP/USD flat lines above 1.2900 mark as traders await Trump’s tariffs announcement
The GBP/USD pair struggles to capitalize on the overnight bounce from the vicinity of the 1.2870 support zone, or a multi-week low touched last Thursday, and oscillates in a narrow band during the Asian session on Wednesday.Fxstreet
Wed, Apr 2
China's yuan briefly hits 1-month low as markets brace for Trump's tariff plan
SHANGHAI, April 2 (Reuters) - China's yuan fell to a one-month low against the dollar on Wednesday, before recouping early losses, as markets held their breath for U.S. President Donald Trump's announcement of tariff plans due later in the day.Developments in trade relations with the United ...Reuters
Wed, Apr 2
INDIA RUPEE-Rupee's rally interrupted in run up to Trump's tariffs
By Nimesh VoraMUMBAI, April 2 (Reuters) - A rally in the Indian rupee that has lifted the currency to a three-month high is likely to pause on Wednesday in the countdown to a planned tariff announcement by the United States. The 1-month non-deliverable forward indicated that the rupee INR=IN wil...Reuters
Wed, Apr 2
Japanese Yen trades with negative bias against USD ahead of Trump’s reciprocal tariffs
The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday. The USD/JPY pair, however, remains confined in a range held since the beginning of this week as traders await a...
Fxstreet
Wed, Apr 2
Australia, NZ dollars exposed to collateral damage from tariff fallout
SYDNEY, April 2 (Reuters) - The Australian and New Zealand dollars were left adrift on Wednesday as investors awaited details on U.S. tariffs that could well trigger a global trade war, dragging on economic growth and commodity prices.Neither country has much direct exposure to the United States - u...Reuters
Wed, Apr 2
Mexico lowers 2025 growth forecast to still rosy 1.5%-2.3%
MEXICO CITY, April 1 (Reuters) - Mexico's government sees its economy growing between 1.5% and 2.3% this year, down from a prior estimate of 2.0% to 3.0%, a draft budget from the country's finance ministry showed on Tuesday.The growth forecast, which the finance ministry called conservative,...Reuters
Wed, Apr 2
FOREX-Dollar steady as zero hour on "Liberation Day" closes in
Currencies largely subdued ahead of Trump's tariff revealDollar up slightly, worries about darkening U.S. economic outlook persistWhite House Rose Garden announcement scheduled for 2000 GMTBy Rae Wee SINGAPORE, April 2 (Reuters) - The dollar firmed a touch and other currencies held tight rang...Reuters
Wed, Apr 2
