News
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BUZZ-COMMENT-China may not devalue the yuan - merely liberate it
Feb 4 (Reuters) - Much has been said about China keeping its powder dry to deal with Trump's trade tariffs when they hit. The time has come, and one obvious way to counter the broad levy is to weaken the yuan; Beijing might just relax its grip instead.The People's Bank of China's USD/CNY...Reuters
Feb 4, 2025
BUZZ-COMMENT-USD/JPY ranges lower, Trump a risk but more downside?
Feb 4 (Reuters) - USD/JPY has recently ratcheted lower despite Trump tariff threats, falling on perceived haven flows and Bank of Japan rate hike expectations. While it remains in a 153.72-155.90 range for now (the Jan 27 low and Feb 3 high), the risk may be for more downside.USD/JPY looks to be tra...Reuters
Feb 4, 2025
Japanese Yen weakens amid fading safe-haven demand after Trump delays tariffs
The Japanese Yen (JPY) drifts lower during the Asian session on Tuesday as US President Donald Trump's decision to delay plans to impose trade tariffs on Canada and Mexico dents demand for traditional safe-haven assets.
Fxstreet
Feb 4, 2025
FOREX-Canadian dollar, Mexican peso steady after sharp rebound on tariff reprieves
U.S. President Trump grants 30-day pause to US neighboursMarkets take view that Trump levies are largely negotiating tacticChinese yuan rebounds despite tariffs still looming from 0501 GMTBy Kevin Buckland TOKYO, Feb 4 (Reuters) - The Canadian dollar, Mexican peso and euro were steady against the...Reuters
Feb 4, 2025
Australia, NZ dollars try to find footing amid US trade war tremors
By Wayne Cole SYDNEY, Feb 4 (Reuters) - The Australian and New Zealand dollars were trying to find their footing on Tuesday after sudden swings in U.S. tariff policy sent global markets on a wild ride, leaving the outlook clouded by uncertainty.The Aussie was hanging on at $0.6213 AUD=D3, having ...Reuters
Feb 4, 2025
BUZZ-USD/JPY eases back as tariffs paused, Ichi cloud support
Trump decided to delay tariffs on Canada, Mexico, USD eases backUS yields contained too, upside limited, Treasury 2s @4.263%, 10s @4.562%USD/JPY off to 154.75-155.24 EBS in Asia from 155.90 high yesterdaySpot tracking top of ascending daily Ichimoku cloud between 153.37-154.8255-DMA in area at 154.9...Reuters
Feb 4, 2025
Trump's trade war salvo heightens market turbulence
Global markets rattled by tariff threatTraders reduce Federal Reserve rate cut betsMore pain in sight for currencies, euro rattledTariffs on Mexico, Canada postponed for one monthAdds quote from capital markets executive, paragraphs 32-33By Yoruk Bahceli, Tom Westbrook, Naomi Rovnick and Chuck Mikol...Reuters
Feb 4, 2025
GBP/USD whipsaws as tariffs come and go
GBP/USD sewered after a batch of fresh tariff threats from US President Donald Trump hit the markets, but plunges across global risk markets clawed back to recover ground after looming US tariffs on Canada and Mexico gave way to 30-day concessions from the Trump administration.Fxstreet
Feb 3, 2025
BRIEF-DMG Blockchain Solutions Mines 31 Bitcoin In January 2025
Feb 3 (Reuters) - DMG Blockchain Solutions Inc DMGI.V:DMG BLOCKCHAIN SOLUTIONS ANNOUNCES PRELIMINARY JANUARY MINING RESULTSDMG BLOCKCHAIN SOLUTIONS INC - MINES 31 BITCOIN IN JANUARY 2025Source text: ID:nGNXbjsKV5Further company coverage: DMGI.VReuters
Feb 3, 2025
Mexican peso rallies after touching 3-year low as tariffs delayed
US tariffs on Mexican, Canadian products delayed a monthAnalysts predict Mexico recession if tariffs persistUpdates prices to session closeBy Rodrigo Campos and Marc Jones NEW YORK/LONDON, Feb 3 (Reuters) - The Mexican peso rallied out of a selloff on Monday after 25% U.S. tariffs on Mexican prod...Reuters
Feb 3, 2025
