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GBP: Downside risks ahead of Budget event – ING
ING's UK economist has published a note on the potential reset in UK-EU relationships and implications for British finances. The conclusion is that while rejoining the single market (or tightening economic ties) would have a beneficial growth effect, that is unlikely to unlock much fiscal headroom.
Fxstreet
Thu, Mar 13
EMERGING MARKETS-Currencies tread water as tariff jitters persist; stocks down
U.S. PPI data at 1230 GMTSouth African rand extends losses to a second dayEM stocks down 0.5%, FX flatBy Shashwat Chauhan March 13 (Reuters) - Most emerging market currencies traded in a tight range on Thursday as concerns about the impact of U.S. President Donald Trump's trade policies linge...Reuters
Thu, Mar 13
Dollar dithers, yen gains on BOJ rate hike bets
SINGAPORE, March 13 (Reuters) - The dollar struggled for traction on Thursday as investors worried about the impact of an escalating global trade war on U.S. inflation and growth, while the yen ticked higher on favourable domestic conditions for more policy tightening.
Reuters
Thu, Mar 13
EUR/GBP falls below 0.8400 as Euro struggles amid market jitters
EUR/GBP continues its losing streak for the second straight day, trading near 0.8390 during European hours on Thursday. The currency cross remains under pressure as the Euro (EUR) struggles amid deteriorating market sentiment following US President Donald Trump’s additional tariff threats in respons
Fxstreet
Thu, Mar 13
EUR/USD weakens below 1.0900 on trade tension
The EUR/USD pair loses ground to around 1.0880 during the Asian trading hours on Thursday. The escalating trade tension between the United States and the European Union (EU) exerts some selling pressure on the Euro (EUR) against the Greenback. Traders will take more cues from the US February ProduceFxstreet
Thu, Mar 13
Bank of Korea says wary of FX volatility on trade war risks
SEOUL, March 13 (Reuters) - South Korea's central bank said on Thursday that U.S. President Donald Trump's escalating trade war could drag on longer than expected and increase the risk of capital outflows while also raising volatility in the dollar-won market.Reuters
Thu, Mar 13
Australia, NZ dlrs camped out as US dollar wobbles
SINGAPORE, March 13 (Reuters) - The Australian and New Zealand dollars sat in the top half of well-established ranges on Wednesday, as a wobbly U.S. dollar offsets concern about a slowdown in global trade.The Aussie AUD=D3, which is historically sensitive to global growth and trade thanks to Austral...Reuters
Thu, Mar 13
