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USD/INR gains ground on tariff woes
The Indian Rupee edges lower in Tuesday’s Asian session. Trade tariff worries, sustained foreign outflows, and concerns on an Indian economic slowdown weigh on the INR. Investors await Fed Chair Jerome Powell’s semi-annual testimony on Tuesday.
Fxstreet
Tue, Feb 11
INDIA RUPEE-Rupee seen dipping at open on Trump's tariff turbulence
By Nimesh Vora MUMBAI, Feb 11 (Reuters) - The Indian rupee is poised to open slightly weaker on Tuesday after U.S. President Donald Trump made good on his threat of imposing tariffs on steel and aluminium imports, fuelling fears of a wider trade war. The 1-month non-deliverable forward indica...
Reuters
Tue, Feb 11
India Morning Newsletter, February 11
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Tue, Feb 11
BUZZ-COMMENT-Yuan bears betting on Trump tariffs are short-sighted
Feb 11 (Reuters) - Most traders see the yuan weakening ahead, whether by intentional devaluation amid the trade standoff between China and the U.S., or due to economic weakness prompting more monetary policy easing. Those views could be short-sighted. The latest Reuters Asia FX positioning poll reve...
Reuters
Tue, Feb 11
NZD/USD softens below 0.5650 as Trump tariff threat looms
NZD/USD weakens to near 0.5635 in Tuesday’s Asian session. Trump raised aluminum and steel tariffs to 25%, from a previous 10%. The RBNZ is expected to deliver a third consecutive supersized rate cut later this month.
NZD/USD
Fxstreet
Tue, Feb 11
Japanese Yen bulls seem non-committed amid worries about Trump’s new tariffs
The Japanese Yen edges higher as Trump’s new tariffs boost demand for safe-haven assets. Bets that the BoJ will hike rates further turn out to be another factor underpinning the JPY. Expectations that the Fed could delay rate cuts benefit the USD and lend support to USD/JPY.
USD/JPY
Fxstreet
Tue, Feb 11
Iron ore climbs as potential supply disruptions counter Trump tariff threat
By Amy Lv and Lewis Jackson BEIJING, Feb 11 (Reuters) - Prices of iron ore futures extended gains for a second straight session on Tuesday, as concerns over weather-related supply disruptions in major supplier Australia outweighed unrest from new tariffs unveiled by U.S. President Donald Trump.Th...
Reuters
Tue, Feb 11
PRESS DIGEST- Financial Times - February 11
Feb 11 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- UK inflation less of a threat as corporate pricing power weakens, says BoE official- Deutsche Bank fined 10 million euros by Spanish r...
Reuters
Tue, Feb 11
Australian Dollar edges lower as Trump expands steel and aluminum tariffs
The Australian Dollar (AUD) weakened against the US Dollar (USD) on Tuesday as downward pressure mounted on the AUD/USD pair.
AUD/USD
Fxstreet
Tue, Feb 11
Australian dollar dodges Trump's latest trade war salvo
SYDNEY, Feb 11 (Reuters) - The Australian dollar was surprisingly resilient on Tuesday, helped by a rebound in global risk appetite and higher commodity prices as investors took new tariffs on steel and aluminium from U.S. President Donald Trump in their stride. The Aussie AUD=D3 was flat at $0.6272...
Reuters
Tue, Feb 11
FOREX-Dollar underpinned by latest tariff moves; eyes on Powell, US inflation
Dollar holds gains on Trump tariffsPowell's testimony, U.S. consumer prices on tapEuro, sterling down a touchBy Rae Wee SINGAPORE, Feb 11 (Reuters) - The dollar firmed on Tuesday after U.S. President Donald Trump moved to substantially raise tariffs on steel and aluminium imports and said he ...
Reuters
Tue, Feb 11
PBOC sets USD/CNY reference rate at 7.1716 vs. 7.1707 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1716 as compared to the previous day's fix of 7.1707 and 7.3067 Reuters estimates.
USD/CNH
Fxstreet
Tue, Feb 11
EUR/USD slips into a third straight loss as tariff concerns weigh
EUR/USD declined around one-third of one percent on Monday, falling back into the 1.0300 handle as market sentiment takes a knee.
EUR/USD
Fxstreet
Mon, Feb 10
GBP/USD sheds weight for a third straight day, central bank heads up next
GBP/USD sunk for a third straight trading day on Monday, kicking off the new trading week on the backfoot and slipping back below the 1.2400 handle, shedding one-third of one percent in the process.
GBP/USD
Fxstreet
Mon, Feb 10
USD/CAD gains momentum above 1.4300 ahead of Fed Chair Powell’s testimony
The USD/CAD pair gathers strength to near 1.4320 during the late American session on Monday.
USD/CAD
Fxstreet
Mon, Feb 10
USD/JPY Price Forecast: Recovers but fails at 152.00, bears lurk
The USD/JPY recovered some ground on Monday and finished the session on a higher note, registering gains of 0.39% but closing below the 152.00 figure.
USD/JPY
Fxstreet
Mon, Feb 10
NZD/JPY Price Analysis: Pair stabilizes but remains below key resistance
The NZD/JPY pair edged higher on Monday, gaining 0.15% to trade around 85.75, but its broader bearish trend remains intact.
NZD/JPY
Fxstreet
Mon, Feb 10
NZD/USD Price Analysis: Pair struggles at 20-day SMA as selling pressure builds
The NZD/USD pair saw a mild decline on Monday, slipping to 0.5640 as selling pressure persisted.
NZD/USD
Fxstreet
Mon, Feb 10
Australian Dollar rebounds as tariff threats ease
The Australian Dollar (AUD) bounces back strongly to near 0.6290 after a weak opening around 0.6235 on Monday.
AUD/USD
Fxstreet
Mon, Feb 10
FOREX-Dollar gains, others slip on tariff threats
Tariff talk hits Canadian dollar, yenPowell likely to emphasize patience in upcoming testimonyCPI this week's main US economic focusUpdates to mid-afternoon New York timeBy Karen Brettell NEW YORK, Feb 10 (Reuters) - The U.S. dollar gained on Monday after President Donald Trump pledged 25% ta...
Reuters
Mon, Feb 10
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