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Yuan eases as China challenges Trump tariff at WTO
SHANGHAI, Feb 6 (Reuters) - The yuan eased on Thursday after China sought the World Trade Organization's intervention to rule on new tariffs imposed by U.S. President Donald Trump, heightening market concerns of a potentially damaging trade war between the two economic giants.China filed a World...Reuters
Thu, Feb 6
Australia, NZ dollars enjoy rally as US yields fall
SYDNEY, Feb 6 (Reuters) - The Australian and New Zealand dollars were enjoying a rare rally on Thursday as falling Treasury yields brought down their U.S. counterpart, while efforts from China to steady its currency offered some support. The two currencies also lost ground to the Japanese yen after ...Reuters
Thu, Feb 6
Japanese Yen rallies to near two-month top against USD amid hawkish BoJ expectations
The Japanese Yen (JPY) remains on the front foot against its American counterpart during the Asian session on Thursday amid the growing acceptance that the Bank of Japan (BoJ) would keep raising interest rates.
Fxstreet
Thu, Feb 6
SNAPSHOT-Thai baht/US dollar slightly weaker on Thursday
BANGKOK, Feb 6 (Reuters) - The Thai baht THB=TH weakened slightly against the U.S. dollar on Thursday.At 0214 GMT, the baht was 0.09% lower at 33.58 per dollar, after trading in a range of 33.560 to 33.620. It ended the previous session at 33.55 per dollar, as per LSEG data.For a more detailed repor...Reuters
Thu, Feb 6
CORRECTED-FOREX-Dollar slumps to 8-week low vs yen as trade war risk recedes
Corrects to basis points, not percentage points, in paragraph 14By Kevin Buckland TOKYO, Feb 6 (Reuters) - The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as investor nerves about an inflation-stoking global trade war abate...Reuters
Thu, Feb 6
POLL-Rupee set for volatile ride as RBI eases control amid dollar strength
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=INR= INR poll data BENGALURU, Feb 6 (Reuters) - The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exer...Reuters
Thu, Feb 6
Bank of England poised to cut rates but inflation worries linger
LONDON, Feb 6 (Reuters) - The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the need to help the sluggish economy with still-strong inflation pressures.Reuters
Thu, Feb 6
EUR/USD stuck on familiar technical levels during midweek lull
EUR/USD dragged its feet on Wednesday, finding some topside bidding action as a broad-market recovery in risk appetite keeps bids behind the US Dollar under pressure. The Euro is struggling to find its feet after snapping a six-day losing streak, and EUR/USD remains hobbled by the 1.0400 handle.
Fxstreet
Thu, Feb 6
