News
Important Only
INDIA RUPEE-Asia FX slump on trade war fears puts rupee on verge of 87/USD
By Nimesh Vora MUMBAI, Feb 3 (Reuters) - The Indian rupee is poised to open at an all-time low against the dollar on Monday, tracking a slump in Asian currencies and risk aversion on worries over a trade war between the U.S. and its trading partners.On the interbank order matching system, the ru...Reuters
Mon, Feb 3
Australian dollar skids to five-year trough on tariff fallout
By Wayne Cole SYDNEY, Feb 3 (Reuters) - The Australian dollar sank to a near five-year low on Monday as the threat of a global trade war hit risk sentiment and currencies of countries with a heavy reliance on exports.The Aussie slid 1.9% to $0.6091 AUD=D3 breaking the January trough of $0.6129. T...Reuters
Mon, Feb 3
FOREX-Dollar surges on Trump's tariffs, sending global FX 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 slumps below $100,000Updates prices, adds analysts comments in paragraphs 7, 8, 11 and 12By Kevin Buckland and Ankur Banerjee ...Reuters
Mon, Feb 3
RPT-BUZZ-Week Ahead-US jobs report, BoE decision, trade tensions lead
Repeats with no changes Feb 3 (Reuters) - A busy start to February, with the U.S. imposing tariffs on Canada, Mexico, and China as promised by President Donald Trump, while the often-volatile monthly U.S. jobs report ends the week with a Bank of England rate decision in the middle.Investors will ...Reuters
Mon, Feb 3
BUZZ-USD/JPY volatile but less so than other ccys on Trump
Trump news imposition of tariffs on Mexico/Canada/China takes FX for rideUSD/JPY less-affected than other major currency pairs, JPY crosses haywireNevertheless, USD/JPY up a leg on broad USD strength, Asia 154.70-155.90 EBSCapped for now ahead of 156.00, 156.30 flat daily Ichimoku kijun lineDaily Ic...Reuters
Mon, Feb 3
FOREX-Yuan hits record low, Mexican peso, Canadian dollar tumble on Trump tariffs
Trump delivers on promise of 25% levies on neighbours, 10% duty on ChinaCanada, Mexico vow retaliatory measures, triggering worries of escalationEuro plunges to lowest since 2022, bitcoin slumps below $100,000By Kevin Buckland TOKYO, Feb 3 (Reuters) - China's yuan slumped to a record low in o...Reuters
Sun, Feb 2
Bitcoin slides below $100,000 as tariffs rattle markets
SINGAPORE, Feb 3 (Reuters) - Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.Bitcoin BTC= was down more 4% early on Monday morning in Asia, touching a three-week low around $96,606. Smaller cryptocurrency ether ETH= was down a...Reuters
Sun, Feb 2
Mexico peso down 2.2% in first trades since U.S. tariff announcements
MEXICO CITY, Feb 2 (Reuters) - Mexico's peso weakened 2.2% against the U.S. dollar on Sunday as the currency market reopened a day after the U.S. government announced tariffs on all Mexican goods.The peso MXN= traded at 21.15 pesos per U.S. dollar amid a low volume of trading.The currency slid p...Reuters
Sun, Feb 2
MORNING BID ASIA-Ducking for cover as Trump launches trade war
By Jamie McGeever Feb 3 (Reuters) - A look at the day ahead in Asian markets. Asia kicks off what is likely to be a volatile day in global markets on Monday after President Donald Trump followed through on his threat to hit Mexico, Canada and China with tariffs on imports into the United Stat...Reuters
Sun, Feb 2
BUZZ-Week Ahead-US jobs report, BoE decision, trade tensions lead
Feb 3 (Reuters) - A busy start to February, with the U.S. imposing tariffs on Canada, Mexico, and China as promised by President Donald Trump, while the often-volatile monthly U.S. jobs report ends the week with a Bank of England rate decision in the middle.Investors will be on watch for possible re...Reuters
Sun, Feb 2
