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EUR/USD surges toward 1.1725 as Trump tariff threats sink Dollar
EUR/USD rallies for the second straight day, gains over 0.69% as the US Dollar gets ditched over US President Trump threats of imposing duties on European countries on his ambitions to take over Greenland. Economic data in Europe and the US take’s the backseat at the time of writing.
Fxstreet
2 hours ago
GBP/USD steadies amid USD weakness, UK CPI inflation in focus
The British Pound (GBP) traded with a cautious tone on Tuesday as investors digested mixed UK labour market data. While unemployment held steady, slower wage growth dampened confidence and revived expectations that the Bank of England could move toward interest rate cuts later in the year.
Fxstreet
2 hours ago
USD/JPY flat lines above 158.00 amid US tariff threats, Japan fiscal concerns
The USD/JPY pair trades on a flat note near 158.20 during the early Asian session on Wednesday. The pair steadies as US President Donald Trump's renewed tariff threats offset political uncertainty in Japan.
Fxstreet
2 hours ago
CANADA FX DEBT-Canadian dollar hits nearly two-week high against out-of-favor greenback
Canadian dollar gains 0.3% against the greenbackTouches its strongest level since January 7 at 1.3815Price of US oil settles 1.8% higherBond yields rise across steeper curveBy Fergal Smith TORONTO, Jan 20 (Reuters) - The Canadian dollar strengthened to nearly a two-week high against its U.S. coun...Reuters
4 hours ago
Global bond markets shaken by Japan selloff, Greenland worries
Japanese bond selloff spills over globallyLong-dated U.S. yields post biggest two-day rise since MayGreenland tensions add pressure on European defence spendingBy Alun John, Yoruk Bahceli and Dhara Ranasinghe LONDON/NEW YORK, Jan 20 (Reuters) - A jump in Japan's borrowing costs to all...Reuters
4 hours ago
FOREX-Dollar lower as investors reignite 'Sell America' trade
Trump's Greenland threats spark retreat from US assetsJapanese yen in focus as Takaichi vows to suspend sales tax on foodDollar lower against euro, Swiss francBy Hannah Lang NEW YORK, Jan 20 (Reuters) - The dollar was set for its largest daily fall in over a month on Tuesday, after White Hous...Reuters
5 hours ago
Canadian Dollar extends gains, Greenback falls on Greenland threats
The Canadian Dollar (CAD) caught a second straight leg higher against the US Dollar (USD) on Tuesday as markets extend their USD-negative flows following renewed threats from US President Donald Trump to force a sale of Greenland to the US.
Fxstreet
5 hours ago
USD/JPY declines as US Dollar weakens on EU tensions, Yen gains restrained
USD/JPY trades around 157.90 on Tuesday at the time of writing, down 0.10% on the day, as the US Dollar (USD) comes under renewed pressure from political and trade-related headwinds. The pair retreats, weighed down by broad-based weakness in the Greenback against major currencies.Fxstreet
8 hours ago
GBP/USD climbs toward 1.3460 as “Sell America” trade gains momentum
GBP/USD begins Tuesday’s session on a positive note as market participants continued to sell the Dollar and most US assets, following Trump’s trade-war escalation with Europe. This and a sell-off of Japanese bonds, keeps the CBOE Volatility Index (VIX) at yearly highs, a sign of risk aversion.Fxstreet
8 hours ago
Australian Dollar strengthens as US-EU standoff dents the Greenback
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday, as investors trim exposure to the Greenback amid rising tensions between the United States and the European Union. At the time of writing, AUD/USD trades around 0.6744, extending gains for a second straight day.
Fxstreet
8 hours ago
Swedish exports to US could drop 28% if tariff threat carried out, Board of Trade says
STOCKHOLM, Jan 20 (Reuters) - Swedish exports to the United States could fall by as much as 28% if President Donald Trump carries out his threat to impose additional tariffs on Sweden and some industrial sectors could see a decline of 50%, Sweden's Board of Trade said on Tuesday.Trump has threat...Reuters
8 hours ago
FOREX-Dollar lower as investors reignite 'Sell America' trade
Trump's Greenland threats spark retreat from US assetsJapanese yen in focus as Takaichi vows to suspend sales tax on foodDollar sinks against euro, Swiss franc, sterlingBy Hannah Lang and Amanda Cooper NEW YORK/LONDON, Jan 20 (Reuters) - The dollar was set for its largest daily fall in over a...Reuters
10 hours ago
JPY edges higher but lags G10 – Scotiabank
The Japanese Yen (JPY) is up a modest 0.2% vs. the US Dollar (USD), tentatively attempting to extend its recent recovery against the USD while trading defensively against all of its G10 peers, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
10 hours ago
USD/CAD trades near two-week lows amid sustained US Dollar selling
The Canadian Dollar (CAD) extends its advance against the US Dollar (USD) on Tuesday, as escalating trade tensions between the United States and the European Union weigh heavily on the Greenback. At the time of writing, USD/CAD trades around 1.3830, near a two-week low.Fxstreet
10 hours ago
Japanese selloff, Greenland fears ripple through debt-ridden global bond markets
Japanese bond selloff spills over globallyLong-dated U.S. yields post biggest two-day rise since MayGreenland tensions adds pressure on European defence spendingBy Alun John, Yoruk Bahceli and Amanda Cooper LONDON, Jan 20 (Reuters) - A surge in Japan's borrowing costs to record highs rippled ...Reuters
10 hours ago
EUR jumps 0.7% as sentiment turns decisively positive – Scotiabank
The Euro (EUR) is strong, up an impressive 0.7% vs. the US Dollar (USD) and extending its recovery with a swift retracement of the pullback from its December highs, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
10 hours ago
CAD firms into low 1.38s on broad USD weakness – Scotiabank
The Canadian Dollar (CAD) has picked more ground this morning to reach the low 1.38s in a reflection of the broader weakness in the US Dollar (USD) rather than anything else, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
10 hours ago
UK's finance minister Reeves calls for Greenland de-escalation
LONDON, Jan 20 (Reuters) - Britain's finance minister Rachel Reeves said on Tuesday that it was important to de-escalate the situation over Greenland, the island which U.S. President Donald Trump has said his country should own."We absolutely want to de-escalate," Reeves told a Bloomberg...Reuters
10 hours ago
UK's finance minister Reeves calls for Greenland de-escalation
LONDON, Jan 20 (Reuters) - Britain's finance minister Rachel Reeves said on Tuesday that it was important to de-escalate the situation over Greenland, the island which U.S. President Donald Trump has said his country should own."We absolutely want to de-escalate," Reeves told a Bloomberg...Reuters
11 hours ago
