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China's yuan hovers near 2-week low, tariffs, parliament gathering in focus
SHANGHAI, March 3 (Reuters) - China's yuan hovered near a two-week low against the dollar on Monday as upbeat manufacturing data partially offset some investor worries over heightened Sino-U.S. trade tensions after President Donald Trump proposed extra tariffs on Chinese goods.Trump's additi...
Reuters
Mon, Mar 3
NZD/USD hovers around 0.5600 after trimming recent gains
NZD/USD halted its six-day losing streak, trading around 0.5600 during the Asian hours on Monday.
NZD/USD
Fxstreet
Mon, Mar 3
Australia, NZ dlrs try to regain footing after brutal week, all eyes on tariffs
SYDNEY, March 3 (Reuters) - The Australian and New Zealand dollars steadied on Monday after a bruising week as the spectre of imminent U.S. tariffs and a potential global trade war pounded export-exposed currencies.The Antipodeans were undermined by a bout of risk aversion in markets amid heightened...
Reuters
Mon, Mar 3
Japanese Yen reverses intraday dip against USD amid divergent BoJ-Fed expectations
The Japanese Yen (JPY) touches a one-week low, around the 151.00 mark against its American counterpart during the Asian session on Monday, though the downside remains limited amid hawkish Bank of Japan (BoJ) expectations.
USD/JPY
Fxstreet
Mon, Mar 3
India Morning Newsletter, March 3
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Mar 3
USD/INR weakens ahead of Indian, US PMI releases
The Indian Rupee (INR) gathers strength on Monday. The potential intervention from the Reserve Bank of India (RBI) could provide some support to the local currency.
Fxstreet
Mon, Mar 3
Australian Dollar holds gains following China Manufacturing PMI data
The Australian Dollar (AUD) halted its six-day losing streak on Monday, buoyed by a weaker US Dollar (USD) following the release of January’s Personal Consumption Expenditures (PCE) inflation data on Friday.
AUD/USD
Fxstreet
Mon, Mar 3
FOREX-Euro rebounds on Europe's Ukraine peace push; bitcoin rallies
Sterling also gains as leaders craft plan to present to TrumpCanadian, Mexican currencies rise on hint 25% tariffs may be avertedCryptocurrencies climb as Trump names those earmarked for strategic reserveBy Kevin Buckland TOKYO, March 3 (Reuters) - The euro rebounded from a 2-1/2-week low against...
Reuters
Mon, Mar 3
USD/CAD holds below 1.4450 on softer US Dollar, investors await US PMI release
The USD/CAD pair weakens to around 1.4440 during the early Asian session on Monday.
USD/CAD
Fxstreet
Mon, Mar 3
PBOC sets USD/CNY reference rate at 7.1745 vs. 7.1738 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1745 as compared to Friday's fix of 7.1738 and 7.2857 Reuters estimates.
USD/CNH
Fxstreet
Mon, Mar 3
EUR/USD rises above 1.0400 ahead of Eurozone HICP inflation data
EUR/USD pauses its three-day losing streak, trading around 1.0410 during Asian hours on Monday.
EUR/USD
Fxstreet
Mon, Mar 3
GBP/USD retakes 1.2600 amid modest USD weakness; upside potential seems limited
The GBP/USD pair attracts some dip-buyers during the Asian session on Monday and now seems to have stalled its retracement slide from levels beyond the 1.2700 mark, or over a two-month peak touched last week.
GBP/USD
Fxstreet
Mon, Mar 3
BUZZ-COMMENT-Gold's corrective decline a buying opportunity
March 3 (Reuters) - Gold's relatively large decline last week is unlikely to be sustained amid widening geopolitical rifts and looming U.S. tariff deadlines.Gold shed 3% last week, its worst decline in three months, after reaching a record $2956.15. A stronger U.S. dollar, profit-taking near the...
Reuters
Mon, Mar 3
RPT-BUZZ-COMMENT-Week Ahead-Tariffs, Ukraine, ECB, Powell, US jobs, China NPC
Repeats with no changes March 3 (Reuters) - Tariff announcements, Ukraine peace efforts, the European Central Bank's rate decision, speeches by U.S. Federal Reserve Chair Jerome Powell and other officials, the U.S. jobs report, global February PMIs, and China's annual parliament meeting e...
Reuters
Mon, Mar 3
BUZZ-USD/JPY holding bid after month-end rally Friday
USD/JPY holding bid after rally Friday, on month-end position adjustmentsTo 150.99 Friday, Asia so far in new month 150.56-151.02Bid now but more upside? Depends on news, fresh moves in US ratesUS yields actually off from Friday, heavy, Treasury 2s @4.024%, 10s @4.242%USD/JPY back above 150.43 daily...
Reuters
Mon, Mar 3
AUD/USD recovers above 0.6200 on upbeat Chinese PMI data
The AUD/USD pair recovers some lost ground to near 0.6215, snapping the six-day losing streak during the early Asian session on Monday.
AUD/USD
Fxstreet
Sun, Mar 2
Trump names cryptocurrencies in strategic reserve, sending prices up
Trump names bitcoin, ether, XRP, solana and cardano for strategic reserveBitcoin and ether rise more than 10% on the newsTrump has moved quickly to back crypto industry policy prioritiesAdds CoinGecko data on crypto market moves in paragraph 5By Trevor Hunnicutt WEST PALM BEACH, Florida, March 2 ...
Reuters
Sun, Mar 2
BUZZ-COMMENT-Week Ahead-Tariffs, Ukraine, ECB, Powell, US jobs, China NPC
March 3 (Reuters) - Tariff announcements, Ukraine peace efforts, the European Central Bank's rate decision, speeches by U.S. Federal Reserve Chair Jerome Powell and other officials, the U.S. jobs report, global February PMIs, and China's annual parliament meeting ensure a busy start to March...
Reuters
Sun, Mar 2
Bitcoin up 6.06% at $89,359
March 2 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was up by around 6.06% at $89,359 at 1620 GMT on Sunday. Ether, the second largest cryptocurrency, was up 1.36% at $2,253 at 1622 GMT on Sunday.This comes after U.S. President Donald Trump said on Sunday that his...
Reuters
Sun, Mar 2
Trump says cryptocurrency 'strategic reserve' includes XRP, SOL and ADA
WASHINGTON, March 2 (Reuters) - U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA."
Reuters
Sun, Mar 2
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