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AUD/JPY Price Analysis: Sellers hit a wall after fresh multi-month lows
AUD/JPY experienced a sharp drop on Tuesday, reaching its lowest level since August 2024 before bouncing back.
Fed's Williams: We're beginning to factor in tariff impact on prices.
Federal Reserve (Fed) Bank of New York President John Williams spoke at the Bloomberg Invest Forum in New York on Tuesday, highlighting that although inflation pressures have eased and the US labor market appears strong, the Fedd will have to take a close look at fallout from the US' tariff actions.
Australian Dollar trades lower above 0.6200 as Trump imposes additional tariffs on China
The AUD/USD pair is down around 0.1% near 0.6220 on Tuesday.
Forex Today: Investors now look at the US labour market
The US Dollar extended its intense sell-off on Tuesday, retreating to levels last seen in early December as investors remained concerned over the health of the US economy ahead of key data releases in the US labour market.
US President Donald Trump vows to increase reciprocal tariffs on Canada
United States (US) President Donald Trump has hit the ground running on his latest tariffs, vowing to impose additional "reciprocal tariffs" on Canada in response to Canada's retaliatory trade actions against Trump's 25% tariff on all Canadian goods crossing the border into the US.
President Trump's Capitol address: The agenda takes shape
US President Donald Trump will address Congress from the US Capitol at around 02:00 GMT Wednesday, marking his first appearance before lawmakers since retaking the White House.
US Dollar slides further as tariff tensions escalate
The US Dollar Index (DXY), which measures the Greenback's value against six major currencies, suffers another leg lower on Tuesday, adding to Monday's losses and losing the key support of 106.00.
Mexican Peso sinks as Trump's tariffs send Peso to four-week low
The Mexican Peso (MXN) plunged sharply against the US Dollar (USD) on Tuesday as the 25% tariffs imposed on Mexico by the President of the United States (US), Donald Trump, commenced.
EUR/USD Price Analysis: Bulls extend gains above key resistance levels
EUR/USD extended its advance on Tuesday, holding steady above a key resistance area after gaining traction earlier in the session.
Mexico President Sheinbaum: We are responding with tariff, non-tariff measures
Mexican President Claudia Sheinbaum said on Tuesday that they will respond to the US' tariffs with tariff and non-tariff measures, as reported by Reuters.
GBP/USD holds gain amid soft US Dollar on tariff fallout
The Pound Sterling clings to early gains, extending its advance to two days versus the US Dollar as tariffs enacted by US President Donald Trump against Mexico, Canada, and China come into effect.
USD/JPY to trade at 145 in the end of the year - Rabobank
US President Trump is clearly far too busy to be an avid BoJ watcher.
USD/JPY refreshes almost five-month low near 148.40 as Fed dovish bets swell
The USD/JPY pair posts a fresh almost five-month low near 148.40 in North American trading hours on Tuesday.
GBP tracks broader move against the USD among majors - Scotiabank
Pound Sterling (GBP) is moderately firmer but, in the absence of any major news at home, the pound's performance reflects broader USD weakness more than anything, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR extends rally through YTD highs - Scotiabank
The EUR is benefitting from the softer overall USD tone and market focus on the likelihood of increased European government (defence) spending to extend its recovery back through low 1.05 area where EUR gains have been capped so far this year, Scotiabank's Chief FX Strategist Shaun Osborne notes.
CAD gains modestly after dip on yesterday's tariff headline - Scotiabank
The Canadian Dollar (CAD) is one of the better-performing currencies on the day so far, reversing the slide that occurred following yesterday's tariff headlines to trade back to the low 1.44 area where it spent most of Monday, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD slides amid trade wars - Scotiabank
It's deadline day for President Trump's border tariffs on Canada, Mexico and China. Despite comments from Commerce Sec.
US Treasury Sec. Bessent: We're set on bringing interest rates down
In an interview with Fox News on Tuesday, US Treasury Secretary Scott Bessent said that they are set on bringing interest rates down, as reported by Reuters.
US Dollar ekes out more losses amid tit-for-tat trade war
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, makes another leg lower on Tuesday after United States (US) President Donald Trump confirmed that tariffs on Canada, Mexico and China were not being delayed.
USD/CAD corrects to near 1.4420 as US-Canada enters trade war
The USD/CAD pair corrects sharply to near 1.4420 in European trading hours on Tuesday from the monthly high of 1.4542 posted on Monday.
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