News
Important Only
EUR/USD struggles under the weight of the Greenback
EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening to shed one-fifth of one percent on the day and ending just below the 1.0400 handle as the Euro’s near-term bull run draws to an end.
Fxstreet
Thu, Jan 30
Mexican peso drops 1% as Trump reiterates tariff threat
By Rodrigo Campos NEW YORK, Jan 30 (Reuters) - The Mexican peso fell 1% against the dollar in a volatile session on Thursday after U.S. President Donald Trump reiterated his threat to impose 25% tariffs on Mexico and Canada, two of its top trade partners.The peso MXN= closed 1% weaker at 20.71 pe...Reuters
Thu, Jan 30
Brazil's finance minister sees food prices falling this year, though still at high levels
SAO PAULO, Jan 30 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Thursday he expects food prices to soften this year due to strong agricultural production and as Brazil's currency regains some ground, but noted that prices would likely still remain high.In an interview with local...Reuters
Thu, Jan 30
Money transfer service Wise launches in Mexico
MEXICO CITY, Jan 30 (Reuters) - International money transfer company Wise WISEa.L officially launched in Mexico on Thursday, offering a new way for Mexican nationals to send money in and out of the country.WHY IT'S IMPORTANTIn a press release, Wise said its service aims to address significant ch...Reuters
Thu, Jan 30
CANADA FX DEBT-Canadian dollar hits 5-year low as oil tariff decision looms
Loonie trades in a range of 1.4393 to 1.443610-year yield touches a 7-week low at 3.120%Oil touches a 4-week lowUpdates market pricing and details on activityBy Fergal Smith TORONTO, Jan 30 - The Canadian dollar tumbled to a near five-year low against its U.S. counterpart on Thursday and bond yie...Reuters
Thu, Jan 30
FOREX-US dollar edges higher against peers amid fresh tariff threats, ECB cut
U.S. economic growth below estimates in Q4ECB cuts rates 25 basis points, as expectedDollar index edges higher, euro dipsUpdates headline and first paragraph, adds analyst quoteBy Chibuike Oguh NEW YORK, Jan 30 (Reuters) - The U.S. dollar edged higher against some of its peers including the yen a...Reuters
Thu, Jan 30
BUZZ-COMMENT-US recap:EUR/USD reverses loss after ECB cut
Jan 30 (Reuters) - EUR/USD reversed an earlier loss on Thursday amid short-covering after the European Central Bank cut its policy rate by 25 basis points, as expected, and offered dovish guidance in the face of lackluster economic growth. ECB President Christine Lagarde said that the policy directi...Reuters
Thu, Jan 30
Mexican Peso extends rally unfazed by economic contraction
The Mexican Peso (MXN) surged for the third consecutive day against the Greenback as the emerging market currency shrugged off Mexico’s economic contraction in Q4 2024, according to the Instituto Nacional de Estadistica Geografia e Informatica (INEGI).
Fxstreet
Thu, Jan 30
CANADA FX DEBT-Canadian dollar steadies as investors assess U.S. trade tariff clues
Loonie trades in a range of 1.4393 to 1.443610-year yield touches a 7-week low at 3.120%Oil touches a 4-week lowBy Fergal Smith TORONTO, Jan 30 - The Canadian dollar steadied against its U.S. counterpart on Thursday and bond yields fell as the European Central Bank cut interest rates as expected ...Reuters
Thu, Jan 30
ECB cuts rates and governors expect more amid weak growth
Deposit rate cut by 25 bps to 2.75%March rate cut seen as likelyEconomy is weak and could take a hit from a trade warAdds material from sources in paragraphs 4 and 12By Francesco Canepa and Balazs Koranyi FRANKFURT, Jan 30 (Reuters) - The European Central Bank cut interest rates on Thursday and p...Reuters
Thu, Jan 30
FOREX-US dollar dips against peers as markets weigh economic data, ECB cut
U.S. economic growth below estimates in Q4ECB cuts rates 25 basis points, as expectedDollar index dips, euro edges higherNew throughout, updates headline and adds fresh analyst quoteBy Chibuike Oguh and Harry Robertson NEW YORK/LONDON, Jan 30 (Reuters) - The U.S. dollar dipped against major curre...Reuters
Thu, Jan 30
BUZZ-COMMENT-Yen gets tailwind from BOJ, portfolio shifts
Bank of Japan's hawkishness and U.S. tech concerns offers a tailwind for yen buyers.Expectations for tighter BOJ policy and JGB yields rose after Deputy Governor Ryozo Himino’s comments on policy normalization, helping lift the yen on Thursday. Higher yields in Japan lower forward points used in...Reuters
Thu, Jan 30
BUZZ-COMMENT-Tariff risks remain the key driver for FX
Jan 30 (Reuters) - Both the Fed and ECB policy decisions were uneventful, which underpins the view that expected updates to U.S. trade policy are the main driver for FX markets.Approaching the Feb. 1 tariff deadline, traders continue to ponder whether the Trump administration will deliver on recent ...Reuters
Thu, Jan 30
