News
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Brazil's real sets longest streak of gains in 20 years
Adds details on Monday's session in paragraph 3, context over recent currency moves in paragraphs 4-5 SAO PAULO, Feb 3 - Brazil's real BRBY closed trading on Monday stronger versus the U.S. dollar for the 11th consecutive session, marking its longest streak of gains since April 2005.The B...Reuters
Mon, Feb 3
Trump's tariffs raise fears Brazil's central bank is out of step on inflation
Policymakers had identified trade shocks as a downside risk to inflationCentral bank's communication raised concerns about dovish stanceClarifications are expected in the minutes of the policy decision on TuesdayAdds comment from economist in paragraphs 11-13, updates currency moves in paragraph...Reuters
Mon, Feb 3
FOREX-Dollar lower after U.S. tariffs on Mexico paused for a month
U.S. pauses new tariffs on Mexico for one monthDelay boosts Mexican pesoU.S. dollar index lowerUpdates with late U.S. tradeBy Hannah Lang NEW YORK, Feb 3 (Reuters) - The dollar index was lower on Monday after U.S. President Donald Trump paused new tariffs on Mexico for one month, after the countr...Reuters
Mon, Feb 3
Brazil's real sets longest streak of gains versus the dollar in 20 years
SAO PAULO, Feb 3 - Brazil's real BRBY closed trading on Monday stronger than the U.S. dollar for the 11th consecutive session, marking its longest streak of gains since April 2005.The Brazilian currency closed at 5.8159 reais per greenback, the strongest since Nov. 26, when it closed at 5.8096 r...Reuters
Mon, Feb 3
REFILE-BUZZ-COMMENT-US recap: Dollar trims advance after tariffs delayed
Corrects typo in date Feb 3 (Reuters) - The dollar index pared gains on Monday after Mexican President Claudia Sheinbaum and President Trump agreed to delay implementing tariffs, easing concerns about a North American trade war. Mexico pledged to reinforce its northern border with 10,000 National...Reuters
Mon, Feb 3
Mexican Peso rallies as US-Mexico tariff pause eases tensions
The Mexican Peso (MXN) recovered some ground after weakening to an almost three-year low of 21.28 against the US Dollar (USD) as United States (US) President Donald Trump and Mexican President Claudia Sheinbaum agreed to pause tariffs for one month as they compromise to cooperate in security and trade.
Fxstreet
Mon, Feb 3
Trump's tariffs raise fears Brazil's central bank is out of step on inflation
By Marcela Ayres BRASILIA, Feb 3 (Reuters) - Brazilian analysts say the tariffs announced by U.S. President Donald Trump against Canada, Mexico and China could cause a currency-related inflation surge in Latin America's largest economy, clouding the central bank's outlook for inte...Reuters
Mon, Feb 3
Canadian Dollar hits 21-year low as tariff battle weighs
The Canadian Dollar (CAD) plummeted to its lowest bids against the US Dollar (USD) in 21 years at the outset of the trading week after the US and Canada went tit-for-tat on trade tariffs that will pulverize key aspects of both economies.
Fxstreet
Mon, Feb 3
FOREX-Dollar lower after U.S. tariffs on Mexico paused for a month
U.S. pauses new tariffs on Mexico for one monthDelay boosts Mexican pesoU.S. dollar index lowerUpdates with pause on Mexico tariffsBy Hannah Lang NEW YORK, Feb 3 (Reuters) - The dollar index was lower on Monday after U.S. President Donald Trump paused new tariffs on Mexico for one month, after th...Reuters
Mon, Feb 3
UK bond yields fall as Trump tariffs cause slowdown fears
Updates details on bond yields, analyst quote in paragraphs 9-11By Suban Abdulla LONDON, Feb 3 (Reuters) - Investors added to bets on the Bank of England cutting interest rates and short-term government bond yields hit a three-month low as global markets braced for a hit to economic growth caused...Reuters
Mon, Feb 3
CANADA FX DEBT-Canadian dollar rebounds from 22-year low on tariff pause hopes
Canadian dollar falls 0.5% against the greenbackTouches weakest since April 2003 at 1.4793Tariffs on Canada poised to take effect Tuesday10-year yield hits lowest since Sept. 18By Fergal Smith TORONTO, Feb 3 (Reuters) - The Canadian dollar clawed back much of its decline against its U.S. counterp...Reuters
Mon, Feb 3
BUZZ-COMMENT-Yen's haven status in question as tariff politics become fluid
The yen is losing some haven luster as the political winds shift.Mexican President Claudia Sheinbaum managed achieved a pause in U.S. tariffs after pledging to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal drugs, particularly fentanyl. Trump is schedule...Reuters
Mon, Feb 3
BUZZ-COMMENT-Downside risks grow for EUR/USD after tariff ructions
Feb 3 (Reuters) - EUR/USD struck a 27-month low Monday and a deeper fall is possible as tariff risks remain and economic divergence between the U.S. and euro zone persists. January euro zone PMI showed signs of stabilization by coming in above estimate, but the results indicated the economic zone...Reuters
Mon, Feb 3
BUZZ-COMMENT-Tariff risks, expected BoE rate cut keep sterling under pressure
Sterling is likely to remain under pressure ahead of Thursday's widely expected BoE rate cut even after trimming losses on Monday caused by market reaction to U.S. tariffs.Though the tariffs announced by U.S. President Donald Trump were aimed at Canada, Mexico and China, the prospect of a hit to...Reuters
Mon, Feb 3
South African rand sharply pares losses as US delays Mexico tariffs
NEW YORK, Feb 3 (Reuters) - The South African rand ZAR= sharply pared losses against the U.S. dollar on Monday after Mexico's president said the announced U.S. tariffs on Mexico were delayed by a month.The rand, down more than 2% at its session low, rebounded to trade 0.3% lower on the day at 18...Reuters
Mon, Feb 3
FOREX-Dollar surges on Trump's tariffs, sending peers to multi-year lows
Trump delivers on promise of tariffs on Mexico, Canada and ChinaCanada, Mexico vow retaliatory measures, stoking trade war fearsEuro plunges to lowest since 2022, bitcoin falls below $100,000Updates with US morning tradeBy Hannah Lang and Kevin Buckland NEW YORK/TOKYO, Feb 3 (Reuters) - The dolla...Reuters
Mon, Feb 3
