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NZD/USD attracts some sellers to below 0.5550 amid US tariff trade tensions, weaker Chinese PMI data

The NZD/USD pair faces some selling pressure to near 0.5545 during the Asian trading hours on Monday.

New

2025.02.03 10:59

China's Caixin Manufacturing PMI falls to 50.1 in January vs. 50.5 expected

China's Caixin Manufacturing Purchasing Managers' Index (PMI) dropped to 50.1 in January from December's 50.5, the latest data showed on Thursday.

New

2025.02.03 10:46

USD/CAD jumps to near two-decade high, around mid-1.4700s on Trump's trade tariffs

The USD/CAD pair builds on last week's breakout momentum above a short-term trading range and gains strong positive traction during the Asian session on Monday.

New

2025.02.03 10:03

US Treasury Secretary Bessent: Tariffs are inflationary and would strengthen the Dollar

In a letter to Key Square Capital Management partners sent a year ago, US Treasury Secretary Scott Bessent said that "tariffs are inflationary and would strengthen the dollar--hardly a good starting point for a US industrial renaissance." Last month, Bessent pushed for new universal tariffs on US imports to start at 2.5% and rise gradually, per the Financial Times (FT).

New

2025.02.03 10:01

GBP/USD falls below 1.2300 following Trump tariff's threats

GBP/USD continues its decline for the fifth consecutive session, hovering around 1.2270 during Monday's Asian trading hours.

New

2025.02.03 09:50

Gold Price Forecast: XAU/USD drifts lower below $2,800 after Trump imposes tariffs

Gold price (XAU/USD) edges lower to around $2,795 during the early Asian session on Monday.

New

2025.02.03 09:44

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