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Dollar hits 2-week low as traders ponder Trump tariff plans
TOKYO/GDANSK, Jan 22 (Reuters) - The dollar touched a fresh two-week low on Wednesday, as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing and left the greenback struggling to regain ground against major currencies.
Sterling hits two-week high against dollar amid tariff uncertainty
By Greta Rosen Fondahn Jan 22 (Reuters) - The pound rose for a third day to hit a two-week high against the dollar on Wednesday, as a lack of clarity on U.S. President Donald Trump's tariff plans kept a lid on the greenback. Sterling was last up 0.1% at $1.2376, its highest since Jan. 8 GBP=D3.Th...Reuters
Jan 22, 2025
CEE MARKETS-Zloty hits five-year high on weaker dollar amid tariff uncertainty
By Anita Komuves BUDAPEST, Jan 22 (Reuters) - The Polish zloty rose to nearly five-year highs on Wednesday, helped by a weakening dollar as market participants were looking to U.S. President Donald Trump for further clues on his future trade and tariff policies.The zloty firmed EURPLN= 0.3% to 4....Reuters
Jan 22, 2025
REFILE-BUZZ-COMMENT-Protectionist policies to influence currencies
Adds charts Jan 22 (Reuters) - Protectionist policies are set to influence currencies, underpinning those believed safe like the dollar and undermining those thought to be risky, especially less liquid emerging currencies.This is a big issue as many higher-profile currencies like those of BRICS n...Reuters
Jan 22, 2025
BUZZ-COMMENT-Cable's long-term structural decline likely to continue
January 22 (Reuters) - Uncertainty surrounding Trump 2.0 policies should continue to underpin the greenback and put further downward pressure on GBP/USD. Cable has been on a negative trajectory since the 1970s and its path is unlikely to alter if global markets enter a period of turbulence.Steadfast...Reuters
Jan 22, 2025
REFILE-BUZZ-COMMENT-Sterling's oversold condition continues to unwind
Corrects GBP/GBP to GBO/USD in first paragraphJan 22 (Reuters) - Sterling is caught between reversal potential versus the dollar and an extending EUR/GBP bull trend, but the daily and weekly charts suggest there maybe scope for GBP/USD to change direction this week.A potential weekly bullish engulfi...Reuters
Jan 22, 2025
FOREX-Dollar near 2-week low as traders ponder Trump tariff plans
Traders expect cautious U.S. approach to tariffs to reduce inflation risksDollar index close to two-week lowsMooted 10% levies on China far short of 60% threatened earlierUpdates in European morning tradeBy Kevin Buckland and Greta Rosen Fondahn TOKYO/GDANSK, Jan 22 (Reuters) - The dollar struggl...Reuters
Jan 22, 2025
UPDATE 2-ECB policymakers line up behind further interest rate cuts
ECB meets on Jan. 30 and rate cut is seen a done dealMarkets see 4 moves in 2025Policymakers back gradual easing towards neutral policy settingAdds Lagarde, Stournaras comments on policyBy Francesco Canepa and Balazs Koranyi FRANKFURT, Jan 22 (Reuters) - European Central Bank policymakers lined u...Reuters
Jan 22, 2025
Trump aim of bringing home manufacturing a questionable strategy, Lagarde says
Jan 22 (Reuters) - U.S. President Donald Trump's aim to bring home manufacturing by increasing trade barriers is a questionable approach given that the economy is already running near capacity, European Central Bank President Christine Lagarde said on Wednesday.Reuters
Jan 22, 2025
Forex Today: US Dollar holds ground as markets assess possible US trade policies
Here is what you need to know on Wednesday, January 22: Following a rebound during the European trading hours on Tuesday, the US Dollar (USD) lost its momentum as risk flows dominated the action in the second half of the day.Fxstreet
Jan 22, 2025
FOREX-Dollar drifts higher as traders ponder Trump tariff plans
Traders expect cautious U.S. approach to tariffs to reduce inflation risksMooted 10% levies on China far short of 60% threatened earlierNew Zealand's tame inflation boosts rate cut bets, pressuring kiwiUpdates prices ahead of European market openBy Kevin Buckland TOKYO, Jan 22 (Reuters) - The dol...Reuters
Jan 22, 2025
