News
Important Only
BUZZ-COMMENT-There are good reasons to be long USD in February
Feb 4 (Reuters) - FX traders expecting U.S. dollar gains this month can take comfort from seasonal trends, which are corroborated by technical factors. The market remains positioned for a rise.An analysis of the dollar's February performance since 2000 shows it has risen in 16 of the past 25 yea...Reuters
Tue, Feb 4
BUZZ-COMMENT-EUR/USD to sink if EU fails to do a deal with Trump
Feb 4 (Reuters) - EUR/USD could tumble towards 0.95 if the European Union is unable to agree a deal with Donald Trump to pause tariffs on EU goods exports to the United States which the president is expected to announce within weeks, if not days. Trump has the EU in his crosshairs after announcing ...Reuters
Tue, Feb 4
EMERGING MARKETS-FX mixed as markets assess US-China tariff tit-for-tat
China slaps tariffs on some U.S. imports, expands export controlEgypt, Saudi Arabia's non-oil private sector grows in JanMSCI FX up 0.3%, stocks jump 1.6%By Purvi Agarwal Feb 4 (Reuters) - Emerging market currencies were mixed on Tuesday as investors weighed the impact of escalating trade war...Reuters
Tue, Feb 4
Sterling drops versus euro after biggest daily rise in months, awaits BoE
By Stefano Rebaudo Feb 4 (Reuters) - The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day earlier as investors expect U.S. tariffs to hurt the economy more in Europe than in the UK.It dropped against a strengthening dollar as tariffs again...Reuters
Tue, Feb 4
BUZZ-COMMENT-The dollar is Trump's Achilles heel
Feb 3 (Reuters) - The dollar is Donald Trump's Achilles heel as its strength, stemming from his plans to help the United States, could undo any good that results from the trade war he is fuelling.The stronger the dollar becomes, the larger U.S. trade deficits may become, with monetary policy eff...Reuters
Tue, Feb 4
BUZZ-COMMENT-February may defy sterling's downward trend
Feb 4 (Reuters) - A brave call considering the current fundamental backdrop but following four straight months of losses versus the dollar, the pound is showing recovery potential, on the longer-term charts at least.A more pronounced dollar attack on the euro, sending EUR/GBP to a low of 0.8280 Mond...Reuters
Tue, Feb 4
FOREX-US dollar edges higher as China tariffs kick in; Aussie, yuan slide
U.S. dollar edges up as tariffs against China take effectYuan and Australian dollar fallEuro drops close to parityCanadian dollar and Mexican peso down after Monday's reboundU.S. President Trump granted 30-day reprieve to Canada, MexicoAdds comments, backgroundBy Kevin Buckland and Stefano Rebau...Reuters
Tue, Feb 4
Forex Today: Focus shifts to US data as Trump tariff talks inject volatility into markets
Here is what you need to know on Tuesday, February 4: Following Monday's wild fluctuations that were triggered by headlines surrounding US President Donald Trump's tariff policy, markets seem to be settling down early Tuesday.Fxstreet
Tue, Feb 4
FOREX-US dollar ratchets higher as China tariffs kick in; Aussie slides with yuan
Deadline passes without deal, spurring reciprocal measures from BeijingU.S. President Trump earlier granted 30-day reprieve to Canada, MexicoYuan, Aussie, Canadian dollar, Mexican peso, euro all see sellingUpdates prices after US imposes 10% tariffs on ChinaBy Kevin Buckland and Rae Wee TOKYO, Fe...Reuters
Tue, Feb 4
USD/CAD climbs back closer to 1.4500 amid bearish Oil prices, renewed USD buying
The USD/CAD pair attracts some dip-buying near the 1.4385 region during the Asian session on Tuesday and for now, seems to have stalled the previous day's sharp retracement slide from its highest level since April 2003.
Fxstreet
Tue, Feb 4
