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China's yuan pares some gains after US tariffs kick in
SHANGHAI, March 4 (Reuters) - China's yuan pared some earlier gains against the dollar on Tuesday after fresh U.S. tariffs on Chinese goods kicked in, heightening trade tensions and threatening to put more pressure on the uneven economy.The United States doubled trade tariffs on Chinese goods to...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 sentimentInvestors flock to U.S. Treasuries Euro steady ahead of ECB meeting on ThursdayBy Ankur Banerjee SINGAPORE, March 4 (Reuters) - The Canadian doll...Reuters
Tue, Mar 4
China's yuan inches higher on PBOC support as US tariffs loom
SHANGHAI, March 4 (Reuters) - China's yuan inched higher against the dollar on Tuesday as the central bank continued to guide the currency firmer hours ahead of the expected imposition of more U.S. tariffs.The United States is expected to raise tariffs on Chinese goods by 10% at 0501 GMT on...
Reuters
Tue, Mar 4
EUR/JPY tumbles below 156.50 amid safe-haven demand
The EUR/JPY cross falls to near 156.25 during the Europeam session on Tuesday. The Japanese Yen (JYP) edges higher due to the risk-off mood and fresh fear of trade tension from US President Donald Trump. Investors will keep an eye on the Fedspeak later on Tuesday.
Fxstreet
Tue, Mar 4
COMMENT-China Policy Watch-Yuan isn't a stimulus option
March 4 (Reuters) - China clearly has several stimulus options available as policymakers head into a much-anticipated parliamentary meeting this week. Weakening the yuan to support export competitiveness is unlikely to be one of them.The top legislative body, the National People's Congress (NPC)...Reuters
Tue, Mar 4
Australia, NZ dollars bow to trade risk, bonds bet on rate cuts
By Wayne Cole SYDNEY, March 4 (Reuters) - The Australian and New Zealand dollars slipped on Tuesday as tit-for-tat tariffs abroad pressured trade-exposed currencies, while bonds benefited from bets a global trade war would spur more policy easing to buttress economic growth.President Donald Trump...Reuters
Tue, Mar 4
COMMENT-USD/JPY decline resumes after recent bounce
March 4 (Reuters) - The USD/JPY downward trajectory has resumed after Monday's bump up to 151.30. Tests lower appear likely given U.S. President Donald Trump's pronouncements on the Japanese and Chinese currencies nL3N3PM1SK, narrower Japan-U.S. yield differentials and haven flows into the y...Reuters
Tue, Mar 4
China's yuan holds steady as PBOC lends support through firmer fixing
SHANGHAI, March 4 (Reuters) - China's yuan held steady against the dollar on Tuesday as the central bank continued a strengthening bias in its daily official guidance, with the market interpreting it as an attempt to prevent the Chinese currency from sliding.The yuan has faced renewed depreciati...Reuters
Tue, Mar 4
FOREX-Canadian dollar, Mexican peso at one-month low as US tariffs set to take effect
Trump says 25% tariffs on Mexico and Canada to start on TuesdayTrade war worries hit risk sentimentEuro steady ahead of ECB meeting on ThursdayBy Ankur Banerjee SINGAPORE, March 4 (Reuters) - The Canadian dollar and the Mexican peso hunkered near their lowest in a month on Tuesday as trade war fe...Reuters
Tue, Mar 4
BUZZ-Japan data on weak side today, BOJ stance unchanged despite
Tad weaker economic data out of Japan today, likely won't affect BOJ stanceJanuary unemployment up a tick to 2.5%, unchanged 2.4% eyedThat said, jobs-applicants ratio up to 1.26 from Dec 1.25, 1.25 eyedAlso MOF survey showed Q4 CAPEX +0.6% q/q but off 0.2% y/y, rise eyed in '25Recurring corp...Reuters
Tue, Mar 4
