News
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China's yuan rises to 2-week high on hopes of de-escalation in US-China tensions
SHANGHAI, April 18 (Reuters) - China's yuan strengthened to a more than two-week high against the dollar on Friday, underpinned by broad weakness in the greenback and some early signs of de-escalation in the U.S.-China trade war.U.S. President Donald Trump on Thursday signalled a potential end t...Reuters
Fri, Apr 18
Japan’s Kato: Japan does not manipulate the FX market to weaken the Yen
Japan’s Finance Minister Shunichi Kato said on Friday that the country does not manipulate the foreign exchange (FX) market to weaken the Japanese Yen.Kato said on Thursday after the talks began in Washington that he will closely communicate with the US on FX issues, adding Tokyo and Washington have
Fxstreet
Fri, Apr 18
Japan does not manipulate FX market to weaken yen, finance ministry says
TOKYO, April 18 (Reuters) - Japan does not manipulate the currency market to intentionally weaken the yen, Finance Minister Katsunobu Kato said on Friday.Speaking in parliament, Kato also said no date has been fixed on a possible meeting with U.S. Treasury Secretary Scott Bessent during his planned ...Reuters
Fri, Apr 18
EUR/USD gathers strength above 1.1350, ECB cuts interest rates by 25 bps
The EUR/USD pair attracts some buyers to near 1.1370 during the early Asian session on Friday. The concerns over the economic impact of tariffs continue to drag the US Dollar (USD) lower against the Euro (EUR). Traders will closely monitor the developments surrounding US trade talks. Trading...
Fxstreet
Fri, Apr 18
RPT-EXCLUSIVE-Japan finance minister 'deeply concerned' over Trump tariff impact
US tariffs, market volatility risk hurting economy, Japan finance minister saysJapan to closely communicate with US on FX, Kato saysNo comment on what will be discussed at talks with BessentJapan's Katsunobu Kato speaks to Reuters before US meetingsBy Takaya Yamaguchi, Leika Kihara and Makiko Ya...Reuters
Thu, Apr 17
COLUMN-Risk of Powell firing is too big to price: McGeever
By Jamie McGeeverORLANDO, Florida, April 17 (Reuters) - Just like a global trade war, the dismissal of the chair of the Federal Reserve by the U.S. President is an event investors know will be unequivocally bad for markets. But it is also a risk that is too far-reaching to properly quantify, meaning...Reuters
Thu, Apr 17
FOREX-Dollar benefits from selling exhaustion, ECB cuts rates
ECB cuts deposit rate 25 bps to 2.25%Investors focused on US trade talksDollar benefits from selling exhaustionBy Karen Brettell NEW YORK, April 17 (Reuters) - The U.S. dollar gained on Thursday after its recent weakness across peer currencies appeared exhausted for the time being, while the euro...Reuters
Thu, Apr 17
IMF sees US-China trade grievances, welcomes India tariff cuts
By David Lawder WASHINGTON, April 17 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the U.S. and China both have trade grievances, but the world's two largest economies needed to reduce uncertainty and agree on a fairer, rules-based tradin...Reuters
Thu, Apr 17
IMF sees global growth hurt by trade tensions but no recession
IMF expects 'significant' consequences from trade rebootReuters poll: economists see chances of US recession over the coming year surging to 45%IMF warns: 'perceptions matter'By Andrea Shalal WASHINGTON, April 17 (Reuters) - Rising trade tensions and sweeping shifts in the global ...Reuters
Thu, Apr 17
Mexico's peso strengthens to six-month high on Trump-Sheinbaum call
MEXICO CITY, April 17 (Reuters) - The Mexican peso strengthened nearly 1% in international trading on Thursday after U.S. President Donald Trump and his Mexican counterpart, Claudia Sheinbaum, held a phone call they both dubbed "very productive."The currency MXN= was trading at 19.74 per U.S...Reuters
Thu, Apr 17
CANADA FX DEBT-Canadian dollar heads for seventh straight weekly gain as oil prices jump
Loonie heads for a weekly gain of 0.1%Price of oil increases 3.5%Canadians buy record amount of U.S. shares in FebruaryBond yields trade mixed across steeper curveBy Fergal Smith TORONTO, April 17 (Reuters) - The Canadian dollar moved closer on Thursday to a recent five-month high against its U.S...Reuters
Thu, Apr 17
ANALYSIS-Markets see door wide open for more ECB rate cuts on tariff hit
Bond yields fall after ECB rate cut, dovish commentsECB says trade tensions point to exceptional uncertaintyTraders ramp up ECB rate cut bets By Yoruk Bahceli and Dhara Ranasinghe LONDON, April 17 (Reuters) - Traders saw the all-clear on Thursday from the European Central Bank to bet on even stee...Reuters
Thu, Apr 17
ANALYSIS-Markets see door wide open for more ECB rate cuts on tariff hit
Bond yields fall after ECB rate cut, dovish commentsECB says trade tensions point to exceptional uncertaintyTraders ramp up ECB rate cut bets By Yoruk Bahceli and Dhara Ranasinghe LONDON, April 17 (Reuters) - Traders saw the all-clear on Thursday from the European Central Bank to bet on even stee...Reuters
Thu, Apr 17
Bitcoin miner accuses K&L Gates of botching bankruptcy claim, overbilling
By David Thomas and Mike Scarcella April 17 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com)A bitcoin mining company has sued K&L Gates and one of its bankruptcy partners, alleging that the law firm...Reuters
Thu, Apr 17
IMF's Georgieva says both US, China have trade grievances
WASHINGTON, April 17 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the U.S. and China both have trade grievances, but it was important for the world's two largest economies to reduce uncertainty and agree on a fairer, rules-based trading sys...Reuters
Thu, Apr 17
World economy, markets functioning well despite trade tensions, IMF's Georgieva says
WASHINGTON, April 17 (Reuters) - The world's real economy is functioning well despite massive uncertainty over escalating tariff wars, with a strong labor market and a solid financial system, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday but she noted negati...Reuters
Thu, Apr 17
FOREX-Dollar benefits from selling exhaustion, ECB cuts rates
ECB cuts deposit rate 25 bps to 2.25%Traders focused on US trade talksDollar gains from selling exhaustionBy Karen Brettell NEW YORK, April 17 (Reuters) - The U.S. dollar rallied on Thursday after its recent weakness across peer currencies appeared exhausted for the time being, while the euro wea...Reuters
Thu, Apr 17
