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INDIA RUPEE-Rupee's rally interrupted in run up to Trump's tariffs
By Nimesh VoraMUMBAI, April 2 (Reuters) - A rally in the Indian rupee that has lifted the currency to a three-month high is likely to pause on Wednesday in the countdown to a planned tariff announcement by the United States. The 1-month non-deliverable forward indicated that the rupee INR=IN wil...Reuters
Wed, Apr 2
Japanese Yen trades with negative bias against USD ahead of Trump’s reciprocal tariffs
The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday. The USD/JPY pair, however, remains confined in a range held since the beginning of this week as traders await a...
Fxstreet
Wed, Apr 2
Australia, NZ dollars exposed to collateral damage from tariff fallout
SYDNEY, April 2 (Reuters) - The Australian and New Zealand dollars were left adrift on Wednesday as investors awaited details on U.S. tariffs that could well trigger a global trade war, dragging on economic growth and commodity prices.Neither country has much direct exposure to the United States - u...Reuters
Wed, Apr 2
Mexico lowers 2025 growth forecast to still rosy 1.5%-2.3%
MEXICO CITY, April 1 (Reuters) - Mexico's government sees its economy growing between 1.5% and 2.3% this year, down from a prior estimate of 2.0% to 3.0%, a draft budget from the country's finance ministry showed on Tuesday.The growth forecast, which the finance ministry called conservative,...Reuters
Wed, Apr 2
FOREX-Dollar steady as zero hour on "Liberation Day" closes in
Currencies largely subdued ahead of Trump's tariff revealDollar up slightly, worries about darkening U.S. economic outlook persistWhite House Rose Garden announcement scheduled for 2000 GMTBy Rae Wee SINGAPORE, April 2 (Reuters) - The dollar firmed a touch and other currencies held tight rang...Reuters
Wed, Apr 2
Mexico gov't sees economy growing at least 1.5% in 2025, draft budget shows
MEXICO CITY, April 1 (Reuters) - Mexico's government sees its economy growing between 1.5% and 2.3% this year and then between 1.5% and 2.5% in 2026, a draft budget from the country's finance ministry showed on Tuesday.Reuters
Wed, Apr 2
EUR/USD consolidates as traders holder their breath ahead of tariffs
EUR/USD stuck to familiar levels on Tuesday, churning chart paper close to the 1.0800 handle as investors brace for US President Donald Trump’s long-threatened “reciprocal” tariffs package, due to be announced on Wednesday at 1900 GMT (4 pm EST).
Fxstreet
Wed, Apr 2
FOREX-Yen holds gains vs US dollar ahead of tariff announcement
U.S. President Trump to announce tariff details on WednesdayU.S. manufacturing contracted in March Euro drops with markets betting on ECB rate cut in AprilBy Laura Matthews NEW YORK, April 1 (Reuters) - The yen rose against the dollar on Tuesday, after U.S. economic data showed softness in the ma...Reuters
Tue, Apr 1
COLUMN-Dollar's record low FX reserves share not all bad news for Trump: McGeever
By Jamie McGeeverORLANDO, Florida, April 1 (Reuters) - In January, U.S. President Donald Trump warned the so-called BRICS nations against replacing, or backing any currency to take the place of, the "mighty U.S. dollar." While the International Monetary Fund's latest foreign exchange res...Reuters
Tue, Apr 1
