News
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USD/CHF climbs above 0.8150 after rebounding from lowest since September 2011
The USD/CHF pair edges higher in early Asian trading on Monday, hovering around the 0.8170 mark after recording losses in the past two consecutive sessions. Market participants are eyeing the release of Switzerland’s Producer and Import Prices for March, due later in the day.
Fxstreet
Mon, Apr 14
Iron ore rangebound as investors weigh upbeat China data against tariff woes
BEIJING, April 14 (Reuters) - Iron ore futures prices traded within a narrow range on Monday, as investors weighed upbeat data from top consumer China against demand concerns caused by the intensifying trade conflict between Washington and Beijing. The most-traded September iron ore contract on Ch...Reuters
Mon, Apr 14
China's yuan slips as tariff uncertainty casts cloud over outlook
Yuan slips again after bouncing off 2007 lowMidpoint guidance set at weakest since September 2023Authorities seen continuing to lean against excessive weaknessGoldman Sachs maintains yuan forecast in range of 7.30-7.35 SHANGHAI, April 14 (Reuters) - The yuan fell against the dollar on Monday, fol...Reuters
Mon, Apr 14
Australia, New Zealand dollars rebound like trade war never happened
SYDNEY, April 14 (Reuters) - The Australian and New Zealand dollars have recouped all of the losses since April 2 when President Donald Trump announced sweeping tariffs on the rest of world, sinking financial markets and triggering an exodus from U.S. assets. Now that Trump has exempted electronics ...Reuters
Mon, Apr 14
Japan PM warns US tariffs have potential to disrupt global economic order
TOKYO, April 14 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Monday that U.S. tariffs have the potential to disrupt the global economic order.Speaking in parliament, Ishiba said the government is not thinking of issuing a supplementary budget now, but stood ready to act in a timely fas...Reuters
Mon, Apr 14
FOREX-Battered dollar drifts lower, spooked by tariff news
Dollar still weak as investors grapple with tariff headlinesTrump to announce tariff rate on imported semiconductors over the next weekSwiss franc holds near decade high, yen jumpsBy Rae Wee SINGAPORE, April 14 (Reuters) - The dollar drifted lower on Monday as an early bump off a three-year low f...Reuters
Mon, Apr 14
Japanese Yen stands firm near multi-month peak against a broadly weaker USD
The Japanese Yen (JPY) attracts fresh buyers at the start of a new week and remains within striking distance of its highest level since late September 2024 touched against a broadly weaker US Dollar (USD) last Friday. Concerns about the rapidly escalating US-China trade war and its impact on the...
Fxstreet
Mon, Apr 14
FOREX-Battered dollar steadies but investors brace for more tariff volatility
Dollar recovers from tumble but still weakConfusion over Trump's tariff policy continuesEuro, Swiss franc ease after surging last weekBy Rae Wee SINGAPORE, April 14 (Reuters) - The U.S. dollar found some footing on Monday but was still near a three-year low after a bruising week that shook in...Reuters
Mon, Apr 14
Japan policymaker wants stronger yen, says Tokyo shouldn't sell Treasuries
Japan shouldn't think about selling US Treasuries holdingsWeak yen behind rising cost of living, Onodera saysRemarks come as Japan gears up for trade talks with USBy Leika Kihara TOKYO, April 13 (Reuters) - Japan must strengthen the yen, such as by helping boost the country's industrial c...Reuters
Sun, Apr 13
Japan ruling party chief calls for stronger yen
TOKYO, April 13 (Reuters) - Japan must strengthen the yen, such as by helping boost the country's industrial competitiveness, as the currency's weakness has pushed up households' living costs, the ruling party's policy chief said on Sunday.Itsunori Onodera, chair of the Liberal Democ...Reuters
Sun, Apr 13
Bank of England's Greene says dollar drop adds to tariff inflation puzzle
April 12 (Reuters) - Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S. President Donald Trump's import tariffs would do to UK inflation with the unpredictable behaviour of the dollar adding to the puzzle.Higher barriers to trade were likely to weigh on e...Reuters
Sat, Apr 12
Argentina seals $20 billion IMF deal, tears down currency controls
Argentina eases currency controlsIMF to disburse $12 billion immediatelyNew FX system may allow peso to weaken by a thirdBy Maximilian Heath and Anthony Esposito BUENOS AIRES, April 11 (Reuters) - Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary...Reuters
Sat, Apr 12
Binance seeks to curb US oversight during deal talks with Trump's crypto company, WSJ says
April 11 (Reuters) - Binance executives met U.S. Treasury officials last month and discussed loosening government oversight of the company, while exploring a business deal with President Donald Trump’s crypto venture, World Liberty Financial, the Wall Street Journal said.Executives of the world'...Reuters
Sat, Apr 12
Binance Seeks To Curb U.S. Oversight While In Deal Talks With Trump’s Crypto Company - WSJ
April 11 (Reuters) - BINANCE SEEKS TO CURB U.S. OVERSIGHT WHILE IN DEAL TALKS WITH TRUMP’S CRYPTO COMPANY - WSJBINANCE HAS ALSO BEEN IN TALKS TO LIST A NEW DOLLAR-PEGGED CRYPTOCURRENCY FROM WORLD LIBERTY FINANCIAL - WSJSource text: https://tinyurl.com/5n83tyuwReuters
Sat, Apr 12
Binance seeks to curb US oversight while in deal talks with Trump's crypto company, WSJ reports
April 11 (Reuters) - Binance executives met with U.S. Treasury Department officials last month and discussed loosening government oversight on the company, while exploring a deal with President Donald Trump’s crypto venture World Liberty Financial, the Wall Street Journal reported on Friday.Executiv...Reuters
Sat, Apr 12
Trump says bond market had 'a little moment' that he solved quickly
ABOARD AIR FORCE ONE, April 11 (Reuters) - U.S. President Donald Trump said on Friday that the bond market had "a little moment" this week but he solved it quickly, and that he believed his economic plan would lead to the U.S. dollar gaining value."The bond market's going good. It ha...Reuters
Fri, Apr 11
QUOTES-What economists say about Argentina's FX reforms and IMF deal
By Lucila Sigal and Eliana Raszewski BUENOS AIRES, April 11 (Reuters) - Argentina's central bank has announced a major overhaul to the country's exchange rate policy, unleashing the peso and years-long controls on the currency ahead of an expected $20 billion International Monetary Fund d...Reuters
Fri, Apr 11
