News
Important Only
AUD/JPY Price Analysis: Bearish bias holds despite intraday gains
The AUD/JPY pair was seen around the 91.00 zone in Wednesday’s session, staging a modest intraday advance ahead of the Asian session. Despite the bounce from earlier lows, the pair retains a bearish overall tone, capped by key moving averages and a sluggish momentum backdrop.
Fxstreet
Wed, Apr 23
Edwards Lifesciences raises 2025 sales forecast after robust quarter
April 23 (Reuters) - Edwards Lifesciences EW.N raised its 2025 sales forecast on Wednesday after a quarterly beat, driven by robust demand for its artificial heart valves and other medical equipment.The company has revised its 2025 sales forecast upwards to a range of $5.7 billion to $6.1 billion, f...Reuters
Wed, Apr 23
US, China tariffs both need to fall for trade talks to start, Bessent says
Bessent sees mutual tariff reduction before talksNegotiations with multiple countries aim to restore tariff certaintyBessent confident in U.S. growth despite IMF downgradeNo specific currency targets in U.S.-Japan trade talksBy David Lawder WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary...Reuters
Wed, Apr 23
FOREX-Dollar rebounds as White House seeks to ease tensions over Fed, China trade
Dollar rises against most currencies on China trade reportsTrump backs away from threat to fire Fed's PowellOptimism around trade deals soothe investor worries By Hannah Lang April 23 (Reuters) - The U.S. dollar staged a rebound against its major peers on Wednesday on hopes of de-escalating t...Reuters
Wed, Apr 23
CANADA FX DEBT-Canadian dollar hits six-day low as hopes of lower tariffs lift greenback
Canadian dollar falls 0.5% against the greenbackTouches its weakest since last Thursday at 1.3904Price of US oil settles down 2.2%Bond yields rise across the curveBy Fergal Smith TORONTO, April 23 (Reuters) - The Canadian dollar weakened to a near one-week low against its U.S. counterpart on Wedn...Reuters
Wed, Apr 23
BoE must take trade war risk to growth very seriously, Bailey says
WASHINGTON, April 23 (Reuters) - The Bank of England is taking very seriously the risk to economic growth from the upheaval in global trade, Governor Andrew Bailey said on Wednesday, two weeks before the BoE's next interest rate decision and its latest economic forecasts.Bailey, speaking on the ...Reuters
Wed, Apr 23
US rules out setting currency targets in trade talks with Japan
US has no currency targets in mind, Bessent saysBessent says US expects Japan to honor G7 agreementTreasury chief expected to meet Japanese counterpart this weekBy David Lawder and Leika Kihara WASHINGTON, April 23 (Reuters) - The U.S. does not have specific currency targets in mind as part o...Reuters
Wed, Apr 23
BoE's Bailey urges U.S. to adopt Basel bank capital rules
WASHINGTON, April 23 (Reuters) - Bank of England Governor Andrew Bailey on Wednesday urged the United States to adopt Basel bank capital rules, stressing the importance of a level playing field on banking rules. "It's not for me to say what the U.S. should do, but I will say I strongly encou...Reuters
Wed, Apr 23
U.S. has no currency targets in mind in talks with Japan, Bessent says
WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he does not have specific currency targets in mind as part of bilateral trade talks with Japan."We'd expect the Japanese to honor the G7 agreement," Bessent told reporters on the sidelines of Interna...Reuters
Wed, Apr 23
BoE's Bailey says risk to growth from trade disruption must be taken seriously
WASHINGTON, April 23 (Reuters) - The Bank of England must take the risk to economic growth from global trade disruption very seriously, Governor Andrew Bailey said on Wednesday."We do have to take very seriously the risk to growth," Bailey said at an event at the Institute of International F...Reuters
Wed, Apr 23
World Bank adds Bayer, Hyatt and other CEOs to private sector initiative
By Andrea ShalalWASHINGTON, April 23 (Reuters) - The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark Hoplamazian, to an initiative working to address barriers to private sector investment in developing countries.World Bank President A...Reuters
Wed, Apr 23
UK moves to protect businesses against dumped imports
By William SchombergWASHINGTON, April 23 (Reuters) - British finance minister Rachel Reeves announced steps on Wednesday to prevent the dumping of goods with unfairly low prices into the country which could surge as a result of U.S. President Donald Trump's sky-high tariff on imports from China....Reuters
Wed, Apr 23
UK won't rush to reach trade deal with U.S., finance minister Reeves says
UK firm on maintaining food standards in US trade talksReeves aims to make progress on US import tariffs in WashingtonUK also seeks to lower trade barriers with European Union WASHINGTON, April 23 (Reuters) - Britain's government is not in a rush to secure a trade deal with U.S. President Don...Reuters
Wed, Apr 23
Fed at a policy, political crossroads poses global risks
Fed rates policy could be pulled in opposing directions by tariff impactFed independence has aided global stabilitySuccession coming at the Fed even if Powell serves out his termBy Howard Schneider WASHINGTON, April 23 (Reuters) - Global central bankers who have come to view the U.S. Federal Rese...Reuters
Wed, Apr 23
Argentex seeks emergency cash and takeover after liquidity crunch
Shares suspended as liquidity worsened amid dollar diveBarclays, Citi among the counterparties, website showsIFX Payments in advanced bid and funding discussions Spurned suitor Lumon still keen to make firm offerBy Sinead Cruise, Chandini Monnappa LONDON, April 23 (Reuters) - British currency ris...Reuters
Wed, Apr 23
EUR/GBP Price Analysis: Pair trades near 0.8600 amid neutral short-term signals
The EURGBP pair eased slightly on Wednesday, slipping toward the lower end of its recent consolidation range after the European session. The pair was last seen hovering near the 0.8600 area, reflecting a mild pullback within a still-bullish technical setup.
Fxstreet
Wed, Apr 23
FOREX-Dollar rebounds as White House seeks to ease tensions over Fed, China trade
Dollar steadies against most currencies on China trade reportsTrump backs away from threat to fire Fed's PowellOptimism around trade deals soothe investor worries By Hannah Lang and Yadarisa Shabong April 23 (Reuters) - The U.S. dollar staged a tentative rebound against its major peers on Wed...Reuters
Wed, Apr 23
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.3833 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.3799 to 1.386.Canadian government 10-year bond yields CA10YT=RR...Reuters
Wed, Apr 23
