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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
Sterling soars to six-month high as traders dump dollars
By Yadarisa Shabong April 3 (Reuters) - Sterling climbed to a six-month high against the dollar on Thursday as traders abandoned the U.S. currency after President Donald Trump's expansive trade barriers stoked fears of a global slowdown in economic growth. Trump said on Wednesday he would im...Reuters
Thu, Apr 3
Tariffs are bad for the economy but Sweden can cope, Riksbank chief says
STOCKHOLM, April 3 (Reuters) - The tariffs announced by President Trump are bad for the world economy but Sweden has strong finances and the central bank is ready to act if necessary, Riksbank Governor Erik Thedeen said on Thursday."We are in a pretty good position in Sweden to handle this type ...Reuters
Thu, Apr 3
FOREX-Euro jumps over 2% against dollar after hefty US tariffs announced
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 Yadarisa Shabong and Ankur Banerjee April 3 (Reuters) - The euro rallied more than 2% against the dollar on Thursday and was set for it...Reuters
Thu, Apr 3
Deutsche Bank says risk of a dollar confidence crisis
LONDON, April 3 (Reuters) - Deutsche Bank warned on Thursday of the risk of a crisis of confidence in the U.S. dollar, saying major shifts in capital flow allocations could take over from currency fundamentals and currency moves become disorderly. The dollar, the world's No.1 reserve currency, c...Reuters
Thu, Apr 3
RPT-COLUMN-The real tariff uncertainty starts now: Mike Dolan
By Mike DolanLONDON, April 3 (Reuters) - Whatever you make of the sweeping tariff plan U.S. President Donald Trump dropped on Wednesday, remember that the real uncertainty about the potential economic damage only starts now. Relief at getting some clarity on Wednesday was understandable. But we stil...Reuters
Thu, Apr 3
FOREX-Dollar tumbles as investors seek safe havens after US tariffs
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 Ankur Banerjee and Yadarisa Shabong SINGAPORE, April 3 (Reuters) - The dollar weakened broadly on Thursday, while the euro rallied aft...Reuters
Thu, Apr 3
SNB board member says negative rates still an option if needed
ZURICH, April 3 (Reuters) - The Swiss National Bank could introduce negative interest rates if necessary because the policy has worked in the past, though it would prefer to avoid it, governing board member Petra Tschudin said on Thursday.Speaking at an event in Zurich, Tschudin said she was surpris...Reuters
Thu, Apr 3
Trump's tariffs dull the dollar's safe-haven sheen
By Dhara Ranasinghe and Amanda Cooper LONDON, April 3 (Reuters) - The dollar, one of the world's safest places to park money in times of turmoil, has been shunned by investors as an option for now as uncertainty over tariffs and concern over their impact on U.S. growth intensify.U.S. Presiden...Reuters
Thu, Apr 3
RPT-COLUMN-Optimal Fed response to tariffs? Ease policy: McGeever
By Jamie McGeeverORLANDO, Florida, April 2 (Reuters) - Focus on the "stag". Ride out the "flation". That may be the Federal Reserve's optimal plan for handling the new wave of tariffs coming from the Trump administration.With details of U.S. President Donald Trump's sweeping ...Reuters
Thu, Apr 3
