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Kremlin brushes off Trump tariff threat to BRICS, says no plan for common currency
Adds Kremlin comments in paragraphs 4-5 MOSCOW, Jan 31 (Reuters) - The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan. Trump on Thursday warned off ...Reuters
Fri, Jan 31
FOREX-Yen set for best January since 2018; dollar firm ahead of tariff deadline
Yen set for monthly gain on bets of more BOJ hikesFate of Mexican peso, Canadian dollar in hands of Trump's Feb. 1 tariff threatFurther rate cuts seen across other major central banksUpdates prices at midday in EuropeBy Rae Wee and Amanda Cooper LONDON/SINGAPORE, Jan 31 (Reuters) - The yen wa...Reuters
Fri, Jan 31
BUZZ-COMMENT-Traders might need to insure against a EUR/USD drop
Jan 31 (Reuters) - FX traders can use a simple option to insure against EUR/USD dropping further as we head into February, a month that is usually negative for that major currency pair.EUR/USD seasonal performance since 2000 shows it has fallen in February for 15 of the past 25 years, including the ...Reuters
Fri, Jan 31
Sterling set for fourth monthly loss as UK economy softens
By Amanda Cooper LONDON, Jan 31 (Reuters) - The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for the British economy, following January's bond market turmoil and in light of weakening UK data.Sterling GBP=D3 has fallen 0...Reuters
Fri, Jan 31
CEE MARKETS-Forint and zloty slip as investors eye U.S. tariffs
WARSAW, Jan 31 (Reuters) - Central European currencies eased on Friday, with the forint and zloty pulling back from recent highs, as investors awaited updates on U.S. tariffs and the dollar edged higher.Indexes of emerging market currencies and stocks were lower on Friday, with investors bracing for...Reuters
Fri, Jan 31
Forex markets brace for Canada, Mexico swings as US tariff deadline looms
Global currency markets braced for increased volatility US set Feb. 1 deadline to impose tariffs on Mexico, CanadaMexican peso, Canadian dollar fall on latest Trump comments By Alun John and Dhara Ranasinghe LONDON, Jan 31 (Reuters) - A deadline for U.S. tariff hikes on two of its top trading par...Reuters
Fri, Jan 31
EMERGING MARKETS-FX, stocks lower as Trump's tariff deadline looms closer
Trump to decide soon on possible exclusion of oil imports from Feb 1 tariffsRomania's 2025 budget to target a 16% rise in revenueIMF managing director to visit Ethiopia MSCI EM FX down 0.3% , stocks off 0.2%By Purvi Agarwal Jan 31 (Reuters) - Indexes of emerging market currencies and stocks w...Reuters
Fri, Jan 31
INDIA RUPEE-Rupee dips to record low, lags regional peers in Jan as headwinds persist
By Jaspreet Kalra MUMBAI, Jan 31 (Reuters) - The Indian rupee hit an all-time low on Friday and was the worst performer among major Asian currencies in January, hurt by portfolio outflows, expectations of a rate cut and the uncertainty about U.S. trade tariffs.The rupee INR=IN hit a low of 86.652...Reuters
Fri, Jan 31
Mexican peso volatility gauges soar ahead of tariff deadline
LONDON, Jan 31 (Reuters) - Mexican peso market volatility gauges continued to soar on Friday after U.S. President Donald Trump reiterated the previous day that he would impose 25% trade tariffs on both Mexico and Canada on Saturday.Traders pushed one-week risk reversal options MXNSWRR=FN to their hi...Reuters
Fri, Jan 31
Kremlin, on Trump tariff threat to BRICS, says the grouping is not planning its own currency
MOSCOW, Jan 31 (Reuters) - The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, but said there were no such plans. Trump on Thursday warned off BRICS member countries from replacing the U.S...Reuters
Fri, Jan 31
FOREX-Yen set for best January since 2018; dollar firm ahead of tariff deadline
Yen set for monthly gain on bets of more BOJ hikesFate of Mexican peso, Canadian dollar in hands of Trump's Feb. 1 tariff threatFurther rate cuts seen across other major central banksUpdates throughout with mid-morning European pricesBy Rae Wee and Amanda Cooper LONDON/SINGAPORE, Jan 31 (Reut...Reuters
Fri, Jan 31
