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CANADA FX DEBT-Canadian dollar climbs to 4-month high after tariff reveal
Canadian dollar gains 1% against the greenbackTouches its strongest since December 6 at 1.4028Canada avoids fresh tariffs on its goodsCanada-US 10-year spread narrows 16.5 basis pointsBy Fergal Smith TORONTO, April 3 (Reuters) - The Canadian dollar rose to a near four-month high against its U.S. ...Reuters
Thu, Apr 3
COLUMN-What direction will the trade war take? Watch the yuan: McGeever
By Jamie McGeeverORLANDO, Florida, April 3 (Reuters) - What's the most important exchange rate in the world right now? Probably dollar/yuan.How Beijing responds to the eye-popping tariffs the Trump administration slapped on Chinese exports to the U.S. will be critical not only for China, but als...Reuters
Thu, Apr 3
FOREX-Dollar sinks as investors grapple with tariff aftermath
Dollar follows Treasury yields lower on US growth worries Investors flee to safe havens yen and Swiss franc Asian currencies struggle in the face of US tariffsBy Laura Matthews April 3 (Reuters) - The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, a...Reuters
Thu, Apr 3
Pound Sterling Price News and Forecast:Pound Sterling outperforms US Dollar as Trump tariffs fuel US recession
The Pound Sterling (GBP) surges to near 1.3200 against the US Dollar (USD) during the North American trading hours on Thursday, the highest level seen in almost six months.
Fxstreet
Thu, Apr 3
CANADA FX DEBT-Canadian dollar heads for biggest gain in two years after tariff reveal
Canadian dollar gains 1.3% against the greenbackTouches its strongest since December 6 at 1.4028Canada avoids fresh tariffs on its goodsCanada-U.S. 10-year spread narrows 13.5 basis pointsBy Fergal Smith TORONTO, April 3 (Reuters) - The Canadian dollar rose to a near four-month high against the g...Reuters
Thu, Apr 3
Switzerland slams U.S. tariffs, stays close to EU over next steps
Swiss government says U.S. tariff impositions incomprehensibleSwiss not planning retaliatory measures for nowSwitzerland is a major investor in the U.S.Swiss minister says tariffs could crimp investment in U.S. ZURICH, April 3 (Reuters) - Switzerland's government on Thursday described trade t...Reuters
Thu, Apr 3
US banks are 'dominant' in European derivatives, EBA says
EBA releases report on EU banks foreign fundingNon-EU banks have a 10% share of total assetsEBA warns of currency mismatch at certain lendersBy Sinead Cruise and Stefania Spezzati LONDON, April 3 (Reuters) - Non-EU banks have carved out "dominant" roles in some of Europe's key financ...Reuters
Thu, Apr 3
FOREX-Euro, yen surge vs dollar as investors grapple with tariff aftermath
Dollar follows Treasury yields lower on US growth worries Investors flee to safe havens yen and Swiss franc Asian currencies struggle in the face of US tariffsBy Laura Matthews and Yadarisa Shabong April 3 (Reuters) - The euro and the Japanese yen soared against the dollar on Thursday, as investo...Reuters
Thu, Apr 3
ANALYSIS-Emerging economies brace for Trump tariff 'turning point'
'Factory Asia' hardest hit by tariffsVietnam stocks, Sri Lanka debt, Asian currencies tumbleJPMorgan lowers EM FX, warns of enduring 'shock to sentiment''Gravitational shift' in global trade and investmentBy Rae Wee, Karin Strohecker, Libby George SINGAPORE/LONDON, April 3...Reuters
Thu, Apr 3
U.S. tariffs factored into ECB's "worse scenarios", Kazimir says
April 3 (Reuters) - Tariffs announced by United States President Donald Trump are to a large extent factored into worse-case scenarios of the European Central Bank's forecasts, ECB board member Peter Kazimir said in an emailed comment on Thursday."These developments are, to a large extent, a...Reuters
Thu, Apr 3
US banks are 'dominant' in European derivatives, EBA says
EBA releases report on EU banks foreign fundingNon-EU banks have a 10% share of total assetsEBA warns of currency mismatch at certain lendersBy Sinead Cruise and Stefania Spezzati LONDON, April 3 (Reuters) - Non-EU banks have carved out "dominant" roles in some of Europe's key financ...Reuters
Thu, Apr 3
Fitch cuts China's foreign currency rating on rising debt, weakening finances
April 3 (Reuters) - Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt.The latest U.S. reciprocal tariffs have not been incorporated in the forecast...Reuters
Thu, Apr 3
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 1% higher at C$1.408 to the greenback, or 71.02 U.S. cents, after trading in a range of 1.407 to 1.4319.Canadian government 10-year bond yields CA10YT=R...Reuters
Thu, Apr 3
SNB rejects talk of currency manipulation, says it targets inflation
ZURICH, April 3 (Reuters) - A Swiss National Bank policymaker said on Thursday the central bank does not engage in currency manipulation, rejecting the suggestion that Switzerland could be targeted for the practice as part of U.S. President Donald Trump's new trade policies.When asked whether Sw...Reuters
Thu, Apr 3
US tariffs worse than expected but Sweden can cope, Riksbank chief says
By Niklas Pollard STOCKHOLM, April 3 (Reuters) - The tariffs announced by U.S. President Donald Trump were "somewhat worse" than expected but Sweden had strong finances and the central bank was ready to act if necessary, Riksbank Governor Erik Thedeen said on Thursday.Trump announced swee...Reuters
Thu, Apr 3
