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FOREX-Yen set for best January in seven years as rate paths diverge
Yen set for monthly gain on bets of more BOJ hikesFate of Mexican peso, Canadian dollar in hands of Trump's Feb. 1 tariff threatFurther rate cuts seen across other major central banksUpdates to Asia afternoonBy Rae Wee SINGAPORE, Jan 31 (Reuters) - The yen was on track for its best monthly st...Reuters
Jan 31, 2025
NZD/USD sticks to modest recovery gains below mid-0.5600s, upside seems limited
The NZD/USD pair attracts some buyers during the Asian session on Friday and for now, seems to have snapped a three-day losing streak to over a one-week low, around the 0.5620 area touched the previous day.
Fxstreet
Jan 31, 2025
Trump is getting the lower interest rates he demanded from everyone but the Fed
Major central banks are cutting while Fed moves to the sidelinesPolicy divergence could mean an even stronger dollarDollar strength could weigh on Trump's trade goalsBy Howard Schneider WASHINGTON, Jan 31 (Reuters) - U.S. President Donald Trump is getting his wish that interest rates drop acr...Reuters
Jan 31, 2025
GRAPHIC-Five charts on market signals flashing red amid DeepSeek selloff
Nvidia plunge reflects stretched market - analystsHigh bond yields may dent stocks' appeal Investors still betting heavily on rising dollarBy Naomi Rovnick, Harry Robertson and Amanda Cooper LONDON, Jan 31 (Reuters) - In a week when AI chipmaker Nvidia suffered the biggest one-day loss of val...Reuters
Jan 31, 2025
Australia, NZ dlrs struggle to end losing stretch amid tariff risks
By Wayne Cole SYDNEY, Jan 31 (Reuters) - The Australian and New Zealand dollars were battling to avoid a fifth straight session of losses on Friday as the looming threat of U.S. tariffs on Mexico and Canada undermined currencies with a high exposure to trade.President Donald Trump reiterated on ...Reuters
Jan 31, 2025
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar
Trump warns BRICS against replacing U.S. dollar with tariffs threatBRICS discussions on new currency gain momentum post-Russia sanctionsU.S. dollar remains primary reserve currency, study showsAdds details and background in paragraphs 2-9By Ismail Shakil Jan 30 (Reuters) - President Donald Trump ...Reuters
Jan 31, 2025
Trump says US will require BRICS nations to commit to not replacing US dollar
WASHINGTON, Jan 30 (Reuters) - President Donald Trump said on Thursday the United States will require BRICS member countries to commit to neither creating a new BRICS currency nor back any other currency to the replace the U.S. dollar, or they will face 100% tariffs.Trump has also previously warned ...Reuters
Jan 31, 2025
