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Trump aim of bringing home manufacturing a questionable strategy, Lagarde says
Jan 22 (Reuters) - U.S. President Donald Trump's aim to bring home manufacturing by increasing trade barriers is a questionable approach given that the economy is already running near capacity, European Central Bank President Christine Lagarde said on Wednesday.
Reuters
Wed, Jan 22
Forex Today: US Dollar holds ground as markets assess possible US trade policies
Here is what you need to know on Wednesday, January 22: Following a rebound during the European trading hours on Tuesday, the US Dollar (USD) lost its momentum as risk flows dominated the action in the second half of the day.Fxstreet
Wed, Jan 22
FOREX-Dollar drifts higher as traders ponder Trump tariff plans
Traders expect cautious U.S. approach to tariffs to reduce inflation risksMooted 10% levies on China far short of 60% threatened earlierNew Zealand's tame inflation boosts rate cut bets, pressuring kiwiUpdates prices ahead of European market openBy Kevin Buckland TOKYO, Jan 22 (Reuters) - The dol...Reuters
Wed, Jan 22
USD/CAD ticks higher amid modest USD strength, lacks follow-through beyond mid-1.4300s
The USD/CAD pair attracts some dip-buyers following the previous day's sharp retracement slide from the highest level since March 2020, though it struggles to capitalize on the move beyond the mid-1.4300s.
Fxstreet
Wed, Jan 22
Yuan falls as Trump hints at new tariffs on Chinese imports
SHANGHAI, Jan 22 (Reuters) - China's yuan fell against the U.S. dollar on Wednesday following President Donald Trump's hint of potential new tariffs on Chinese imports.Trump said on Tuesday his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from C...Reuters
Wed, Jan 22
BUZZ-COMMENT-USD/JPY in new, tad lower range for now?
Jan 22 (Reuters) - USD/JPY has ratcheted down after reaching a 158.88 high on Jan 10, and appears to be settling into a slightly lower core 155.00-156.50 or wider 154.50-157.00 range as the market awaits concrete U.S. trade measures under the new Trump administration.President Donald Trump announced...Reuters
Wed, Jan 22
FOREX-Dollar drifts lower as traders ponder Trump tariff plans
Dollar dips amid uncertainty over Trump's tariff plansTraders expect cautious approach to tariffs, reducing inflation risksBank of Japan expected to raise rates, supporting yenBy Kevin Buckland TOKYO, Jan 22 (Reuters) - The dollar drifted slightly lower on Wednesday in indecisive trading as a lac...Reuters
Wed, Jan 22
