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JPMorgan downgrades EM currencies after Trump tariffs exceed worst-case scenario
LONDON, April 3 (Reuters) - Investment bank JPMorgan downgraded its recommendation for emerging currencies to "underweight" on Thursday after U.S. tariffs exceeded its worst-case scenario. U.S. President Donald Trump late on Wednesday announced "reciprocal" tariffs ranging from 10% t...Reuters
Thu, Apr 3
INDIA RUPEE-Rupee shows resilience to US tariffs; strategists advise caution
By Nimesh Vora MUMBAI, April 3 (Reuters) - The Indian rupee on Thursday held up reasonably well to the dip in most Asian currencies and equities, triggered by U.S. President Donald Trump's sweeping reciprocal tariffs.The rupee INR=IN was down 0.16% to the U.S. dollar at 85.6375. On Wedne...Reuters
Thu, Apr 3
FOREX-Dollar slides 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 SINGAPORE, April 3 (Reuters) - The dollar slid broadly on Thursday and the euro firmed after President Donald Trump anno...Reuters
Thu, Apr 3
Singapore’s foreign exchange and money markets are functioning normally, central bank says
SINGAPORE, April 3 (Reuters) - The Monetary Authority of Singapore said on Thursday that Singapore's foreign exchange and money markets continue to function normally.The comment by Singapore's central bank came as global share prices dived after U.S. President Donald Trump unveiled a bigger-...Reuters
Thu, Apr 3
China's yuan hits seven-week low on Trump's sweeping tariffs
SHANGHAI, April 3 (Reuters) - China's yuan slumped to a seven-week low against the U.S. dollar after President Donald Trump unveiled sweeping reciprocal tariffs that were particularly heavy on China and its trading partners, piling depreciation pressure on the currency. Trump said on Wednesday ...Reuters
Thu, Apr 3
Australia, New Zealand dollars fall, bonds rally as US erects wall of tariffs
AUD, NZD trim earlier losses as USD retreatsAntipodean currencies suffer heavy losses on yen, euroDirect tariff impact on Australia, New Zealand likely limitedBoth have much to lose from a global trade war SYDNEY, April 3 (Reuters) - The Australian and New Zealand dollars fell while bonds rallie...Reuters
Thu, Apr 3
Japanese Yen spikes to multi-week high against USD after Trump’s tariffs announcement
The Japanese Yen (JPY) jumped to a three-week top against its American counterpart during the Asian session on Thursday after US President Donald Trump imposed sweeping trade tariffs. Investors grew increasingly concerned that the move could reshape the global trading system and dent global...
Fxstreet
Thu, Apr 3
FOREX-Dollar slips as investors seek safe havens after US tariffs
Dollar down on worries tariffs to hit US growth, stoke inflation Investors flee to safe havens yen and Swiss franc Asian currencies struggle in the face of US tariffsBy Ankur Banerjee SINGAPORE, April 3 (Reuters) - The dollar slid broadly on Thursday and the euro firmed after President Donald Tru...Reuters
Thu, Apr 3
Tariffs to cause 'short-term bumps,' Trump economic adviser tells Fox Business
By Kanishka Singh WASHINGTON, April 2 (Reuters) - U.S. Council of Economic Advisers Chair Stephen Miran told Fox Business on Wednesday that there will be short-term bumps caused by tariffs announced by Washington, while Treasury Secretary Scott Bessent urged other countries not to retaliate.WHY I...Reuters
Thu, Apr 3
Dollar slides as traders rush into safe havens after US tariffs
SINGAPORE, April 3 (Reuters) - The dollar slid broadly on Thursday, while the euro was steady after U.S. President Donald Trump announced more aggressive-than-anticipated tariffs against major trading partners, jolting the markets as investors sought safe haven yen and Swiss franc.Reuters
Thu, Apr 3
Tariffs will cause 'short term bumps,' Trump economic adviser tells Fox Business
WASHINGTON, April 2 (Reuters) - President Donald Trump's Council of Economic Advisers Chair Stephen Miran told Fox Business on Wednesday there will be short-term bumps caused by tariffs announced by Washington."Are there going to be short-term bumps as a result? Absolutely," Miran told F...Reuters
Wed, Apr 2
EUR/USD pares post-tariff gains, but maintains bullish stance
On Wednesday, the EUR/USD pair saw a bullish surge after the Trump administration announced tariffs that turned out to be less severe than many investors had anticipated, given President Donald Trump’s barrage of tariff threats over the last 72 days.Fxstreet
Wed, Apr 2
