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Sterling edges higher against dollar, tariffs in focus
March 4 (Reuters) - The British pound edged higher against the U.S. dollar on Tuesday as traders weighed the implication of U.S. President Donald Trump's tariffs on Canada, Mexico and China following recent data suggesting a slowdown in the American economy.
Reuters
Tue, Mar 4
Pound Sterling holds onto gains against US Dollar on mounting Fed dovish bets
The Pound Sterling (GBP) trades firm near 1.2700 against the US Dollar (USD) in Tuesday’s European session. The GBP/USD pair holds onto Monday’s gains as the US Dollar extends its downside amid escalating dovish Federal Reserve (Fed) bets. The US Dollar Index (DXY), which tracks the Greenback’s valuFxstreet
Tue, Mar 4
Trump tariffs push Mexico's peso toward 2022 lows
By Marc Jones LONDON, March 4 (Reuters) - Mexico's peso fell for a fourth straight day and was close to its lowest level since mid-2022 on Tuesday after U.S. President Donald Trump's new 25% tariffs on imports from the United States' southern neighbour took effect.Mexico's trade-d...Reuters
Tue, Mar 4
CEE MARKETS-Stocks slump as fresh US tariffs kick off
WARSAW, March 4 (Reuters) - Central European stock markets slipped on Tuesday, caught in a global sell-off, after U.S. tariffs on its top three trading partners - Canada, Mexico and China - came into effect.U.S. President Donald Trump's fresh 25% tariffs on imports from Mexico and Canada took ef...Reuters
Tue, Mar 4
FOREX-Tariffs rattle Canadian and Mexican currencies, US data knocks dollar
Trump's 25% tariffs on Mexico and Canada take effectTrump slaps another 10% duties on Chinese goods, 20% in totalDollar slips after U.S. yields slide on weak dataBy Harry Robertson and Ankur Banerjee LONDON/SINGAPORE, March 4 (Reuters) - The Canadian dollar and Mexican peso fell to one-month ...Reuters
Tue, Mar 4
EMERGING MARKETS-Most currencies, stocks fall as Trump's tariffs take effect
Ukraine bonds down after Trump pauses all U.S. military aid Mexican peso hits one month low vs dollarCentral Eastern European equities slide EM stocks index pinned at one-month lowsBy Shashwat Chauhan March 4 (Reuters) - Most emerging market stocks and currencies fell on Tuesday, as investors hel...Reuters
Tue, Mar 4
COMMENT-Trump's FX accusation is music to ears of yen bulls
March 4 (Reuters) - Yen bulls have a spring in their step courtesy of the currency view which U.S. President Donald Trump delivered from the White House on Monday. Trump said a weak yen and yuan were "unfair" to the U.S. and that "I've called President Xi, I've called the leaders...Reuters
Tue, Mar 4
Evidence suggests Trump's cheap yuan comment is unfounded
SHANGHAI, March 4 (Reuters) - U.S. President Donald Trump's criticism of China's foreign exchange policy appears to be unfounded, given the yuan's relative strength in currency markets and Beijing's efforts to keep it stable.Trump said on Monday he told the leaders of Japan and China...Reuters
Tue, Mar 4
COMMENT-Large speculative USD/JPY short could limit downside
March 4 (Reuters) - The size of the USD/JPY speculative short could prevent a steeper decline in spot. A larger speculative short position means there is likely to be a corresponding increase in bids and vulnerable buy stops that would likely hinder further falls.The USD/JPY speculative short - deri...Reuters
Tue, Mar 4
AUD/JPY trades near 93.00, downside risks appear amid tariff concerns
AUD/JPY continues its decline, hovering around 92.80 during early European trading on Tuesday. The Australian Dollar (AUD) remains under pressure after the White House confirmed that US President Donald Trump signed an order raising tariffs on Chinese imports to 20%. Given China’s crucial role as...
Fxstreet
Tue, Mar 4
Forex Today: Markets remain on edge as Trump tariffs take effect
Here is what you need to know on Tuesday, March 4: Following Monday's volatile action, investors cling to a cautious stance early Tuesday, while assessing the latest developments surrounding the US tariff policy and retaliatory measures against it.Fxstreet
Tue, Mar 4
Trump says Japan, China cannot keep reducing value of their currencies
Weak Japan, Chinese currencies 'unfair' to U.S., Trump saysSolution to weak-currency policies is tariffs, Trump saysJapan says it is not adopting policies to directly weaken yenChina keeps guiding yuan firmerBy Leika Kihara and Makiko Yamazaki March 4 (Reuters) - U.S. President Donald Tru...Reuters
Tue, Mar 4
FOREX-Canadian dollar, Mexican peso slump to one-month lows as US tariffs hit
Trump's 25% tariffs on Mexico and Canada take effectTrump slaps another 10% duties on Chinese goods, 20% in totalEscalating trade war saps sentimentEuro steady ahead of ECB meeting on ThursdayBy Ankur Banerjee SINGAPORE, March 4 (Reuters) - The Canadian dollar and the Mexican peso fell to the...Reuters
Tue, Mar 4
