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EUR/USD Price Analysis: Pair climbs toward mid-1.1300s, bullish bias holds steady
The EURUSD pair gained ground following Thursday’s European session, moving near the 1.1350 area within a relatively narrow daily range. The upward move builds on recent strength, keeping the pair comfortably within bullish territory for now.
Fxstreet
Thu, Apr 24
Bank of England's Bailey says he is focused on the growth hit from tariffs
WASHINGTON, April 24 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday he was focused on the shock to economic growth that is likely to be felt from U.S. President Donald Trump's import tariffs and retaliatory measures taken by other countries."We are certainly quite focuse...Reuters
Thu, Apr 24
FOREX-Dollar rally unravels as investors shrug off Trump U-turns
Dollar falls against major pairsChina says no negotiations ongoing with US Yen rises against dollar above 142 levelBy Hannah Lang and Amanda Cooper NEW YORK/LONDON, April 24 (Reuters) - The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress towards defusing the...Reuters
Thu, Apr 24
COMMENT-Door left ajar for ECB to deliver a larger cut
April 24 (Reuters) - The backdrop of trade tariffs weighing on the economic outlook has seen the European Central Bank shift towards a much more dovish stance. This was highlighted at President Christine Lagarde’s post decision press conference and since echoed by several members on the governing co...Reuters
Thu, Apr 24
Ukraine raised Russian frozen assets with US Treasury, says central bank governor
LONDON, April 24 (Reuters) - Ukraine raised the issue of frozen Russian assets which are needed to cover the country's reconstruction efforts with the U.S. Treasury at a meeting in Washington on Wednesday, the country's central bank governor Andriy Pyshnyi said. After Russian President Vladi...Reuters
Thu, Apr 24
ECB's Lane says now is not the time to talk about bond purchases
WASHINGTON, April 24 (Reuters) - The European Central Bank is not considering bond purchases or other extraordinary stimulus measures because it still has room to cut interest rates, ECB chief economist Philip Lane said on Thursday.The ECB has been cutting rates for nearly a year now after taming a ...Reuters
Thu, Apr 24
Bank of England is midway through Bernanke Review response, Lombardelli says
WASHINGTON, April 24 (Reuters) - The Bank of England is midway through its work in responding to a major review of its forecasting and communication processes, Deputy Governor Clare Lombardelli said on Thursday.The review, published a year ago and authored by former U.S. Federal Reserve Chair Ben Be...Reuters
Thu, Apr 24
Asian central banks have space to ease rates to mitigate US tariff hit, IMF says
IMF cuts Asian growth to 3.9% in 2025, 4.0% in 2026Greater exposure to U.S. makes Asian economies vulnerableAsia faces sharper policy trade-offs to cope with US tariff hitBy Leika Kihara WASHINGTON, April 24 (Reuters) - Many Asian central banks have room to ease monetary policy to cushion the blo...Reuters
Thu, Apr 24
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% higher at C$1.386 to the greenback, or 72.15 U.S. cents, after trading in a range of 1.3841 to 1.3887.Canadian government 10-year bond yields CA10Y...Reuters
Thu, Apr 24
Cryptocurrency campaigners call for Swiss central bank to hold bitcoin
By John RevillBERN, April 24 (Reuters) - Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President Donald Trump's tariffs made it more important for the central bank to diversify its reserves.Suppor...Reuters
Thu, Apr 24
U.S. Spares "Yen" Talks, BOJ Rate Hike to Delay, Yen Weakness Returns?
TradingKey - After U.S. Treasury Secretary Scott Bessent stated that the Trump administration would not seek specific exchange rate targets in trade talks with Japan, the yen fell sharply, with the dollar-yen pair rising over 1%. The market now turns its attention to the second round of U.S.-Japan..TradingKey
Thu, Apr 24
UK's Reeves says she is confident about a trade deal with US
WASHINGTON, April 24 (Reuters) - British finance minister Rachel Reeves said on Thursday she was confident that Britain and the U.S. could reach a trade deal that would reduce the barriers erected by President Donald Trump's import tariffs."We don't always agree with the policy prescript...Reuters
Thu, Apr 24
FOREX-Dollar rally unravels as investors shrug off Trump U-turns
By Amanda Cooper LONDON, April 24 (Reuters) - The dollar staged a broad retreat on Thursday, as investor gloom over the lack of any real progress towards defusing the U.S./China trade war reasserted itself following a brief interlude of optimism the previous day.U.S. assets including the dollar r...Reuters
Thu, Apr 24
West Pharma raises profit forecast as dollar weakens amid Trump's tariff policies
April 24 (Reuters) - West Pharmaceutical Services WST.N raised its annual profit forecast on Thursday, anticipating a boost from a weaker dollar to shield it from a potential hit from U.S. President Donald Trump's tariffs. The Pennsylvania-based company said it expected a $20 million to $25...Reuters
Thu, Apr 24
Merck posts higher profit, puts tariffs cost at $200 million
Q1 earnings per share at $2.22 vs forecast at $2.14 a share World sales dip 2% to $15.5 billion vs forecast $15.3 billion Sales of Gardasil fall 41% to $1.3 billion By Deena Beasley April 24 (Reuters) - Merck MRK.N on Thursday said its first-quarter adjusted profit rose 7% as lower costs helped o...Reuters
Thu, Apr 24
Russian rouble little changed ahead of new Russia-US talks
MOSCOW, April 24 (Reuters) - The Russian rouble was little changed against the U.S. dollar and China's yuan on Thursday ahead of a new round of talks between Russia and the United States expected to take place on Friday. At 1006 GMT, the rouble was flat at 83.00 against the U.S. dollar, accordin...Reuters
Thu, Apr 24
Sterling gains against wilting dollar as gloom over trade returns
By Amanda Cooper LONDON, April 24 (Reuters) - The pound rallied against the dollar on Thursday amid growing investor pessimism over the lack of any real progress in de-escalating the trade war between the U.S. and China, the world's two largest economies.U.S. assets, including the dollar, had...Reuters
Thu, Apr 24
CEE MARKETS-Rate cut expectations weigh on Polish zloty
By Alan Charlish WARSAW, April 24 (Reuters) - The Polish zloty EURPLN= was a touch weaker on Thursday, as rising expectations of a rate cut in May offset optimism about an easing of global trade tensions.U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United ...Reuters
Thu, Apr 24
