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: 2025.01.06
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US President-elect Trump: Washington Post story that I'll pare back my tariff policy is wrong
World FX news
Breaking news
US President-elect Trump: Washington Post story that I'll pare back my tariff policy is wrong
New
2025.01.06 23:31
2025.01.06 23:31
2025.01.06 23:31
In response to the Washington Post story that said US President-elect Donald Trump's aides are considering tariffs that would be applied to every country but only cover critical imports, Trump said it was wrong.
"The story in the Washington Post, quoting so-called anonymous sources, which don't exist, incorrectly states that my tariff policy will be pared back. That is wrong. The Washington Post knows it's wrong. It's just another example of Fake News," Trump posted on Truth Social.
Market reaction
The US Dollar Index recovered from session lows following this development and was last seen losing 0.6% on the day at 108.25.
Last updated
: 2025.01.06
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Most viewed
PBOC sets USD/CNY reference rate at 7.1887 vs. 7.1879 previous
On Wednesday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1887 as compared to the previous day's fix of 7.1879 and 7.3435 Reuters estimates.
New
2025.01.08 10:15USD/CAD holds positive ground above 1.4350 on bullish US Dollar, FOMC Minutes in focus
The USD/CAD pair posts modest gains near 1.4360 during the early Asian session on Wednesday.
New
2025.01.08 09:44Australia's monthly CPI inflation climbs to 2.3% YoY in November vs. 2.2% expected
Australia's monthly Consumer Price Index (CPI) rose by 2.3% in the year to November, compared to a 2.1% increase seen in October, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
New
2025.01.08 09:34NZD/USD softens below 0.5650 on stronger US economic data
The NZD/USD pair trades with mild losses near 0.5635 during the early Asian session on Wednesday.
New
2025.01.08 08:25EUR/USD flubs key technical levels and backslides once again
EUR/USD turned tail and swooned against the Greenback on Tuesday, shedding four-tenths of one percent after a failed recovery of the 1.0400 handle fizzled out completely.
New
2025.01.08 08:17GBP/USD snaps two-day win streak as risk appetite stumbles
GBP/USD caught a mild bid early on Tuesday before turning south once again and shedding roughly one-third of one percent to end the day on the low side of the 1.2500 handle.
New
2025.01.08 08:01Fed's Bostic: Inflation is expected to decline but warns Fed to be cautious
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday that Fed officials should be cautious with policy decisions given uneven progress on lowering inflation and err on the side of keeping interest rates elevated to achieve their price stability goals, per Bloomberg.
New
2025.01.08 08:00US President-elect Trump: Something will have to be done with Canada and Mexico on trade
President-elect Donald Trump said on Tuesday that he will impose tariffs on hundreds of billions of dollars worth of goods from Mexico and Canada to pressure both countries to stop the flow of illegal immigration and cross-border fentanyl shipments, per Reuters.
New
2025.01.08 07:49NZD/JPY Price Analysis: Pair tests 100-day SMA amid steady momentum
NZD/JPY extended its mild gains on Tuesday, nudging higher to 88.90 and building on the tentative recovery seen earlier in the week.
New
2025.01.08 07:00Australian Dollar changed its course ahead of inflation data, USD recovers
The Australian Dollar failed to hold gains against the US Dollar and retreated towards 0.6230 on Tuesday.
New
2025.01.08 06:47Disclaimer:
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