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FOREX-Dollar under pressure, safe havens rise as Trump ups tariff ante over Greenland
By Rae Wee SINGAPORE, Jan 19 (Reuters) - The dollar fell on Monday, as investors unnerved by U.S. President Donald Trump's latest tariff threats against Europe over Greenland piled into the safe-haven yen and Swiss franc, in a broad risk-averse move across markets.Trump said over the weekend ...Reuters
6 minutes ago
Billionaires' wealth hits new peak as their clout grows, Oxfam says
Jan 19 (Reuters) - Billionaire wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty group Oxfam said on Monday.In a report timed for the opening of the World Economic For...Reuters
9 minutes ago
When is the China quarterly GDP and how could it affect AUD/USD?
The National Bureau of Statistics of China (NBS) will publish its data at 02.00 GMT on Monday. China quarterly GDP is estimated to grow 1.0% in the fourth quarter (Q4), compared to an expansion of 1.1% in Q3. On an annual basis, the Chinese economy is forecast to expand 4.4% versus 4.8% prior.
Fxstreet
33 minutes ago
USD/JPY declines below 158.00 as Japan signals intervention
The USD/JPY pair attracts some sellers to near 157.80 during the early Asian session on Monday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) amid intervention fear from Japanese officials. The US markets are closed in observance of the Martin Luther King Jr.
Fxstreet
52 minutes ago
World markets jolted, euro softens, as Trump vows tariffs on Europe over Greenland
Euro opens down, European markets expected to come under pressureFocus on Danish crown, defence stocks could benefitTrump tariff threat adds to concerns over Iran, Fed By Karin Strohecker, Dhara Ranasinghe and Samuel Indyk LONDON, Jan 18 (Reuters) - Global markets are facing volatility after Pre...Reuters
5 hours ago
Euro slips to 7-week low after Trump threatens tariffs over Greenland
LONDON, Jan 18 (Reuters) - The euro fell slightly in early Asian trade, hitting its lowest in seven weeks, after U.S. President Donald Trump vowed to impose tariffs on imports from some European countries until the U.S. is allowed to buy Greenland. Trump said additional 10% import tariffs would tak...Reuters
6 hours ago
INSTANT VIEW-Markets on edge as Trump threatens more tariffs on Europe over Greenland
LONDON, Jan 18 (Reuters) - U.S. President Donald Trump has promised to implement further tariffs on imports of goods from some European countries until the U.S. is allowed to acquire Greenland, a move that could send a jolt through financial markets when they reopen on Monday. In a post on Truth Soc...Reuters
7 hours ago
World markets face fresh jolt as Trump vows tariffs on Europe over Greenland
Euro and European markets expected to come under pressureFocus on Danish crown, defence stocks could benefitTrump tariff threat adds to concerns over Iran, Fed By Karin Strohecker and Dhara Ranasinghe LONDON, Jan 18 (Reuters) - Global markets face a fresh bout of volatility this week after Presi...Reuters
11 hours ago
EU Council president says US safety concerns over Greenland should be dealt with by NATO
RIO DE JANEIRO, Jan 16 (Reuters) - If the United States sees a security issue in Greenland, it should be resolved between NATO members as allies, the president of the European Council, Antonio Costa, said on Friday."The security concerns that the United States has will be properly addressed in t...Reuters
Sat, Jan 17
Venezuelan banks will get $300 million of oil money to sell on exchange market, sources say
Venezuelan firms to use dollars to buy raw materialsUS says it has sold first $500 million of Venezuelan oilBolivar weakened 83% last year, boosting local prices Jan 16 (Reuters) - Four Venezuelan banks were notified this week by the country's government that they will split $300 million of o...Reuters
Fri, Jan 16
EUR/USD slips to 1.1600 as firm US data dampens Fed easing hopes
EUR/USD drops even though the Dollar pared some of its earlier gains on Friday sparked by solid US economic data releases in the week, which has improved the outlook for the labor market. This trimmed the chances for further easing by the Federal Reserve, a tailwind for the Greenback.
Fxstreet
Fri, Jan 16
CANADA FX DEBT-Canadian dollar hits six-week low after China trade deal
Canadian dollar falls 0.2% against the greenbackTouches its weakest since December 5 at 1.3928Canada strikes a trade deal with China10-year yield rises 2.2 basis pointsBy Fergal Smith TORONTO, Jan 16 (Reuters) - The Canadian dollar weakened to a six-week low against its U.S. counterpart on Friday...Reuters
Fri, Jan 16
FOREX-US dollar gains as odds drop on Hassett being made Fed chair
Polymarket betting site favors Warsh for Fed Chair roleJapan considers intervention to counter yen weaknessTakaichi plans snap election to gain support for fiscal policiesBy Karen Brettell NEW YORK, Jan 16 (Reuters) - The dollar gained on Friday after U.S. President Donald Trump praised economic ...Reuters
Fri, Jan 16
Venezuelan banks will get $300 million of oil money to sell on exchange market, sources say
Venezuelan firms to use dollars to buy raw materialsUS says it has sold first $500 million of Venezuelan oilBolivar weakened 83% last year, boosting local prices Jan 16 (Reuters) - Four Venezuelan banks were notified this week by the country's government that they will split $300 million ...Reuters
Fri, Jan 16
EUR/USD weakens below key averages as US Dollar strength caps rebounds
The Euro (EUR) turns lower against the US Dollar (USD) on Friday, surrendering intraday gains as renewed demand for the Greenback keeps the pair on the defensive. At the time of writing, EUR/USD is trading flat near 1.1600, after briefly sliding to its lowest level since November 28.Fxstreet
Fri, Jan 16
GBP/USD flat near 1.3380 as strong US data boosts the USD
The British Pound trades sideways on Friday during the North American session, after reaching a daily high of 1.3413, but solid US data revealed in the week capped Sterling’s advance. The GBP/USD trades at 1.3380 and continues to distance from the 200-day SMA key technical level at 1.3405.
Fxstreet
Fri, Jan 16
