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FOREX-Dollar wobbles near multi-year lows as investors brace for Trump tariff deadline
Moratorium on 'Liberation Day' levies ends on WednesdayHigher tariff rates to take effect from August 1Trump threatens additional tariffs on BRICS nationsBy Kevin Buckland, Johann M Cherian TOKYO, July 7 (Reuters) - The dollar firmed against other major currencies on Monday, after remarks...Reuters
Mon, Jul 7
USD/CAD recovery extends to levels near 1.3700 boosted by risk aversion
The US Dollar accelerated its recovery against the Canadian Dollar on Monday with renewed concerns about US tariffs fuelling a rush for safety, as the July 9 deadline approaches.The Greenback is trading 0.5% higher on the day, and 0.8% above last week’s lows as Trump announced letters to “some count
Fxstreet
Mon, Jul 7
Sterling slips with economic data, tariff uncertainty in focus
By Johann M Cherian July 7 (Reuters) - Sterling slipped on Monday in a lacklustre start to a week packed with economic data reports that could offer clues to the interest rate outlook, while globally investors watched the latest deadline on U.S. tariffs.Sterling slipped 0.3% and last fetched $1.3...Reuters
Mon, Jul 7
USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion
The US Dollar and the Swiss Franc are the best performers among major currencies on Monday, as investors rush for safety, anxious that Trump’s tariffs will cause a significant disruption in global trade. Between them, however, the Dollar is showing a mild advantage.
Fxstreet
Mon, Jul 7
EMERGING MARKETS-Currencies, stocks decline amid caution on US tariff developments
Trump delays tariff increase to August 1, deals hopes riseSouth African rand slumps after Trump's BRICS threatHungary's retail sales rise 2.1% in annual terms in MayTurkish assets down amid political turmoilBy Ragini Mathur and Purvi Agarwal July 7 (Reuters) - Most emerging market stocks ...Reuters
Mon, Jul 7
South Africa says BRICS is a push for reformed multi-lateralism, nothing more
JOHANNESBURG, July 7 (Reuters) - South Africa's foreign ministry spokesperson said the BRICS group should be seen as a push for "reformed multi-lateralism, nothing more," after U.S. President Donald Trump accused BRICS of "anti-American policies" and threatened an extra 10% tarif...Reuters
Mon, Jul 7
South Africa says it is not anti-American after Trump's BRICS tariff threat
JOHANNESBURG, July 7 (Reuters) - South Africa is not anti-American and still wants to negotiate a trade deal with the United States, a trade ministry spokesman said, after U.S. President Donald Trump threatened an extra 10% tariff on countries aligned with the BRICS grouping.Trump accused the BRICS ...Reuters
Mon, Jul 7
Panther Metals Working On Framework To Allow Bitcoin Holders To Exchange BTC For Equity In Co
July 7 (Reuters) - Panther Metals Plc PALMP.L:PANTHER METALS: WORKING WITH LEGAL, REGULATORY, & FINANCIAL SERVICE PROVIDERS FOR FRAMEWORK TO ALLOW BITCOIN HOLDERS TO EXCHANGE BTC FOR EQUITY IN COReuters
Mon, Jul 7
AUD/USD extends losses below 0.6500 as investors rush for safety
Risk aversion is driving markets on Monday, as markets brace for the reintroduction of April’s “Liberation Day” tariffs and the Aussie Dollar dives on a mix of fears of higher levies on exports to the US and a generalised disruption of global trade.Australia’s economy is strongly dependent on intern
Fxstreet
Mon, Jul 7
South Africa is not anti-American, trade spokesman says after Trump tariff threat
JOHANNESBURG, July 7 (Reuters) - South Africa is not anti-American and remains committed to negotiating a trade deal with the United States, a spokesman for the country's trade minister told Reuters, after U.S. President Donald Trump threatened an extra 10% tariff on countries aligned with the B...Reuters
Mon, Jul 7
FOREX-Dollar drifts near multi-year lows as investors brace for Trump tariff deadline
Moratorium on 'Liberation Day' levies ends on WednesdayHigher tariff rates to come into effect from August 1Trump threatens additional tariffs on BRICS nationsAussie, NZ dollars decline ahead of central bank decisionsBy Kevin Buckland and Johann M Cherian TOKYO, July 7 (Reuters) - The U.S...Reuters
Mon, Jul 7
Iron ore falls on China steel output curbs, trade uncertainty
BEIJING, July 7 (Reuters) - Iron ore futures slid on Monday as renewed concerns over demand weighed on the market, pressured by output restrictions in top consumer China's major steel production hub of Tangshan and lingering uncertainty over U.S. trade tariffs. The most-traded September iron ore...Reuters
Mon, Jul 7
