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CHF: Small wins support firm currency – Rabobank
Rabobank’s Senior FX Strategist Jane Foley discusses recent Swiss inflation data and implications for the Swiss Franc. Foley notes that low Swiss CPI reduces pressure on the SNB to cut rates below zero, while credible FX intervention and safe-haven demand should keep CHF firm.
Sterling slides as Trump vows more strikes on Iran, driving up dollar
By Harry Robertson LONDON, April 2 (Reuters) - The pound fell sharply on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran and gave little reassurance about the reopening of the Strait of Hormuz, sending oil prices surging and investors flocking to the U.S. dollar.S...Reuters
37 minutes ago
FOREX-Dollar jumps as Trump pledges more Iran strikes
Trump vows continued strikes on Iran, shattering peace hopesDollar rallies on safe-haven demand; sterling and euro dropFriday's US jobs data also in focus amid market uncertaintyBy Jiaxing Li and Harry Robertson HONG KONG/LONDON, April 2 (Reuters) - The dollar rose sharply on Thursday after U...Reuters
an hour ago
China expands digital yuan programme with 12 new bank operators
BEIJING, April 2 (Reuters) - China's central bank has expanded its digital yuan programme by adding a dozen additional banks as operators, confirming a Reuters report last month.The 12 new banks allowed to handle the digital yuan include China CITIC Bank 601998.SS, China Everbright Bank 601818.S...Reuters
an hour ago
Silver Price Forecasts: XAG/USD dips below $71.00 amid overall US Dollar strength
Silver (XAG/USD) has lost more than $10, hammered by a risk-averse reaction to US President Trump's televised message on Wednesday. The precious metal is testing levels below $71.00 at the time of writing, after peaking at $81.13 on Wednesday, as the Dollar prevails in risk-averse markets.
Fxstreet
an hour ago
CEE MARKETS-Currencies dip as Trump's threats dent hopes for swift end to Iran war
WARSAW, April 2 (Reuters) - Central European currencies fell in thin pre-holiday trade on Thursday as hopes for a swift end to the Iran war faded, although the Hungarian forint got some support from expectations that the pro-European opposition may win an April 12 election.U.S. President Donald Trum...Reuters
4 hours ago
EUR/JPY trades flat around 184.00 as investors seek clarity on ECB-BoJ policy outlook
The EUR/JPY pair trades in a tight range around 184.00 during the European trading session on Thursday. The pair consolidates as investors seek fresh cues regarding how monetary policies by the European Central Bank (ECB) and the Bank of Japan (BoJ) will flare going ahead.
Fxstreet
4 hours ago
FOREX-Dollar jumps as Trump pledges more Iran strikes
Trump vows continued strikes on Iran, shattering peace hopesDollar rallies on safe-haven demand; sterling and euro dropU.S. jobs data also in focus amid market uncertaintyBy Jiaxing Li HONG KONG, April 2 (Reuters) - The dollar rose sharply on Thursday after U.S. President Donald Trump's addre...Reuters
5 hours ago
USD/INR: Regulatory squeeze supports Rupee – MUFG
MUFG’s Senior Currency Analyst Michael Wan analyzes new RBI measures restricting Indian Rupee non-deliverable derivatives and recent limits on onshore USD/INR positions. He argues these steps deepen the divide between onshore and offshore markets and aim to curb INR weakness.Fxstreet
5 hours ago
EUR/GBP Price Analysis: Euro stands tall above 0.8700 in risk-off markets
EUR/GBP’s reversal from one-month highs at 0.8740 found buyers right above 0.08700 on Wednesday, and the pair has trimmed losses on Thursday, returning to the 0.8720 area at the time of writing.The Euro (EUR) seems to be faring better than the British Pound (GBP) amid the risk-averse market mood, anFxstreet
5 hours ago
Iron ore at three-week low as shrinking steel margins, slow demand weigh
BEIJING/SINGAPORE, April 2 (Reuters) - Iron ore futures prices slid to their lowest in nearly three weeks on Thursday, pressured by shrinking steel margins and faltering demand following the completion of pre-holiday restocking in top consumer China.The most-traded iron ore contract on China's D...Reuters
5 hours ago
NZD/USD Price Forecast: Holds losses near 0.5700, four-month lows
NZD/USD depreciates nearly 0.8% after two days of gains, trading around 0.5710 during the European hours on Thursday. The technical analysis of the daily chart signals a persistent bearish bias as the pair remains within a descending channel pattern.
Fxstreet
6 hours ago
Sterling slides as Trump vows more strikes on Iran, driving up dollar
By Harry Robertson LONDON, April 2 (Reuters) - The pound fell sharply on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran and gave little reassurance about the reopening of the Strait of Hormuz, sending oil surging and investors flocking to the U.S. dollar.Sterling...Reuters
6 hours ago
