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US Congress to form cryptocurrency working group
Adds paragraphs 2-5By Douglas Gillison WASHINGTON, Feb 4 (Reuters) - U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers of congress would form a working group to develop policy favoring development of d...Reuters
Tue, Feb 4
Mexico implements measures to ensure stability of financial markets
Adds details on finance ministry measuresMEXICO CITY, Feb 4 (Reuters) - Mexico's finance ministry said on Tuesday it was implementing measures to guarantee the stability of financial markets, as the peso currency and local stock exchange have undergone extended volatility amid the threat of U.S....Reuters
Tue, Feb 4
Mexico implements measures to assure stability of financial markets
MEXICO CITY, Feb 4 (Reuters) - Mexico's finance ministry said on Tuesday it was implementing measures to guarantee the stability of financial markets, as the peso currency and local stock exchange have undergone extended volatility amid the threat of U.S. tariffs on Mexican exports.Reuters
Tue, Feb 4
BUZZ-COMMENT-US recap: EUR/USD up as dollar jolted by soft openings data
Feb 4 (Reuters) - The dollar index fell with Treasury yields on Tuesday after a report showing U.S. job openings fell the most in 14 months, signaling a slowing economy.While the Trump administration imposed an additional 10% tariff on China imports, fears of an impending global trade war abated. Ch...Reuters
Tue, Feb 4
Mexican Peso wavers amid US tariff delays, strong US data
The Mexican Peso (MXN) registered losses against the US Dollar (USD) on Tuesday, but still it remains up in the week after United States (US) President Donald Trump delayed tariffs on Mexico, following discussions held with Mexican President Claudia Sheinbaum.
Fxstreet
Tue, Feb 4
Canadian Dollar slams back into familiar territory as markets recover
The Canadian Dollar (CAD) surged on Tuesday after market sentiment recovered from a bout of tariff fears, sending the Canadian Dollar just high enough to crash back into familiar consolidation territory after a brief test of two-decade lows.
Fxstreet
Tue, Feb 4
CANADA FX DEBT-Canadian dollar notches 13-day high as greenback slides
Canadian dollar gains 0.6% against the greenbackPosts its strongest since Jan. 22 at 1.4306Price of U.S. oil falls 0.9%2-year yield eases 2.4 basis pointsBy Fergal Smith TORONTO, Feb 4 (Reuters) - The Canadian dollar strengthened to a near two-week high against its U.S. counterpart on Tuesday, wi...Reuters
Tue, Feb 4
BUZZ-COMMENT-USD/JPY gets jolted by US jobs outlook
Concerns about potential U.S. stagflation may have a greater impact on USD/JPY than tariffs.The pair fell to a new session low as U.S. Treasury yields retreated following a weak JOLTS report. The decline brought USD/JPY back into an expanding daily cloud between 153.37 and 154.82, neutralizing a pot...Reuters
Tue, Feb 4
BUZZ-COMMENT-RBA, tariff risks still plague AUD/USD despite bullish techs
Feb 4 (Reuters) - AUD/USD rallied above the 21-day moving average and struck a 2-session high Tuesday but the pair's upside may be limited due to threats from RBA rate cuts and ongoing U.S.-China trade tensions.Australia price increases cooled according to Q4 CPI data which helped send interest ...Reuters
Tue, Feb 4
GBP/USD Price Analysis: Climbs above 1.2450 amid soft USD
The Pound Sterling (GBP) post gains versus the US Dollar (USD) for the second straight day after US President Donald Trump tariff threats on Mexico and Canada were delayed, due to negotiations beginning between the parties, aimed to improve fighting against fentanyl traffic and illegal migration.
Fxstreet
Tue, Feb 4
FOREX-US dollar edges lower as China tariffs kick in
US dollar lower as duties against China take effectMarkets see tariff threats as a negotiating toolEuro and Australian dollar riseCanadian dollar down after Monday reboundPresident Trump granted Canada, Mexico 30-day reprieveUpdates with U.S. morning tradeBy Hannah Lang and Stefano Rebaudo NEW YO...Reuters
Tue, Feb 4
Analysts lower Mexico's 2025 economic growth forecast, see weaker peso
MEXICO CITY, Feb 4 (Reuters) - Private sector analysts expect the Mexican economy to grow 1.00% this year, a slight drop from their December forecast, a Mexican central bank survey showed on Tuesday. Analysts also see Mexico's peso currency finishing this year and next year slightly weaker compa...Reuters
Tue, Feb 4
BUZZ-COMMENT-BoE next for sterling after weathering tariff storm
GBP/USD has navigated U.S. tariff uncertainty well, quickly recovering from Monday's flash low at 1.2249, though it is likely to remain rangebound as traders await guidance from the BoE on Thursday about how much further UK rates may slide as the Fed remains steady.Futures markets project the UK...Reuters
Tue, Feb 4
BUZZ-COMMENT-Tariff noise flips focus to payrolls, BoE for clarity
Feb 4 (Reuters) - Whipsaw is the best way to describe the price action in markets over the last 24 hours amid the tariff-on, tariff-off backdrop, which in turn, will likely lower conviction with traders reluctant to chase sizeable moves.U.S. President Donald Trump agreed to delay 25% tariffs on Cana...Reuters
Tue, Feb 4
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.438 to the greenback, or 69.54 U.S. cents, after trading in a range of 1.4382 to 1.4503.Canadian government 10-year bond yields CA10YT...Reuters
Tue, Feb 4
BRIEF-DeFi Technologies Signs Binding LOI with CoreFi Strategy and Orinswift Ventures, Secures US$20M CORE Token Commitment from the Core Foundation to Drive Bitcoin Finance
Feb 4 (Reuters) - DeFi Technologies Inc DEFI.NLB:DEFI TECHNOLOGIES SIGNS BINDING LOI WITH COREFI STRATEGY AND ORINSWIFT VENTURES, SECURES US$20M CORE TOKEN COMMITMENT FROM THE CORE FOUNDATION TO DRIVE BITCOIN FINANCESource text: ID:nCNW7PpYZaFurther company coverage: DEFI.NLBReuters
Tue, Feb 4
FOREX-US dollar holds ground as China tariffs kick in, euro slides
US dollar little changed as duties against China take effectMarkets see tariff threats as a negotiating toolEuro, yuan and Australian dollar fall slightlyCanadian dollar, Mexican peso down after Monday reboundPresident Trump granted Canada, Mexico 30-day reprieveUpdates pricesBy Stefano Rebaudo F...Reuters
Tue, Feb 4
