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: 2025.02.04
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China retaliates with counter-tariffs on US imports, effective February 10
World FX news
Breaking news
China retaliates with counter-tariffs on US imports, effective February 10
New
2025.02.04 14:41
2025.02.04 14:41
2025.02.04 14:41
China's Commerce Ministry announced on Tuesday that It would impose 15% tariffs on US coal and liquified natural gas (LNG) imports.
developing story ....
Last updated
: 2025.02.04
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2025.02.04 16:14
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GBP/USD: Unlikely to break clearly above 1.2475 - UOB Group
Rapid rise has scope to extend, but any advance is unlikely to break clearly above 1.2475. In the longer run, for the time being, GBP is expected to trade in a range of 1.2245/1.2530, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.02.04 17:49WTI falls to near $71.50 as China's tariffs on US imports dampen market sentiment
West Texas Intermediate (WTI) crude Oil price continues to decline for the second consecutive day, trading near $71.50 per barrel during European hours on Tuesday.
New
2025.02.04 17:48Oil: No change to OPEC+ output policy - ING
The oil market gave back a lot of its gains yesterday after Mexico and Canada came to a deal with the US, which saw a delay in the implementation of tariffs. Both Mexico and Canada agreed to put more resources on their border to combat the flow of fentanyl to the US.
New
2025.02.04 17:42EUR/USD: Continues to trade in a choppy manner - UOB Group
Euro (EUR) could continue to trade in a choppy manner, probably between 1.0255 and 1.0370. In the longer run, risk is for further EUR weakness; it remains to be seen if it can break and remain below 1.0100, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.02.04 17:38EUR: Don't get too excited - ING
Amid the US-Canada-Mexico tariff saga - which was the main driver of EUR/USD yesterday - eurozone flash CPI estimates for January came in slightly hotter than expected.
New
2025.02.04 17:26Pound Sterling retraces against USD as investors gauge consequences of US-China trade war
The Pound Sterling (GBP) declines to near 1.2400 against the US Dollar (USD) in Tuesday's European session.
New
2025.02.04 17:22NZD/USD halts recovery near 0.5600 amid rising fears over US-China trade tensions
NZD/USD hovers around 0.5610 during early European trading on Tuesday, facing volatility as risk-off sentiment rises due to escalating US-China trade tensions.
New
2025.02.04 17:06EUR/JPY holds positive ground near 160.00 amid tariff jitters
The EUR/JPY cross edges higher to near 159.95 during the early European session on Tuesday.
New
2025.02.04 16:14Forex Today: Focus shifts to US data as Trump tariff talks inject volatility into markets
Here is what you need to know on Tuesday, February 4: Following Monday's wild fluctuations that were triggered by headlines surrounding US President Donald Trump's tariff policy, markets seem to be settling down early Tuesday.
New
2025.02.04 16:01EUR/GBP seems vulnerable near 0.8300, one-month low ahead of BoE on Thursday
The EUR/GBP cross turns lower for the third successive day following an Asian session uptick and currently trades around the 0.8300 mark, just above a near one-month low touched the previous day.
New
2025.02.04 15:30Disclaimer:
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