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Search results | World FX news
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- Breaking news
US Treasury Sec. Bessent: US has a strong Dollar policy
- Breaking news
In an interview with Fox Business Network on Wednesday, US Treasury Secretary Scott Bessent said China's decision to raise tariffs on US imports to 84% is "unfortunate," per Reuters.
Created : 2025.04.09 21:06
Last updated : 2025.04.09
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- Breaking news
EUR/USD edges higher amid flat momentum - OCBC
- Breaking news
Euro (EUR) ticked higher vs US Dollar (USD) and was last seen at 1.1044 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Created : 2025.04.09 20:43
Last updated : 2025.04.09
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- Breaking news
USD/JPY: Short squeeze soon? - OCBC
- Breaking news
USD/JPY dipped this morning. Safe-haven demand was the main catalyst while UST-JGB yield differentials also narrowed. Pair was last at 144.74 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Created : 2025.04.09 20:34
Last updated : 2025.04.09
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- Breaking news
USD/CAD tumbles below 1.4200 as US Dollar dives amid US recession fears
- Breaking news
The USD/CAD pair falls sharply to near 1.4180 during European trading hours on Wednesday. The Loonie pair faces an intense sell-off as the US Dollar (USD) takes bullet for United States (US) President Donald Trump raising import duty on China to 104%.
Created : 2025.04.09 20:32
Last updated : 2025.04.09
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- Breaking news
US Dollar dives as US tariffs trigger market reaction
- Breaking news
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, extends the previous day's correction and hovers around 102.30 at the time of writing on Wednesday after testing the 102.00 level in the early Asian session.
Created : 2025.04.09 20:17
Last updated : 2025.04.09
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- Breaking news
Euro shows unexpected safe haven strength - Rabobank
- Breaking news
Following President Trump's tariff announcement, the euro has shown surprising resilience, acting more like a safe haven currency alongside the Swiss franc and Japanese yen.
Created : 2025.04.09 20:13
Last updated : 2025.04.09
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- Breaking news
Silver Price Forecast: XAG/USD rallies above $30 as US Dollar tumbles on US-China tariff war
- Breaking news
Silver price (XAG/USD) surges almost 2% to near $30.40 during European trading hours on Wednesday. The white metal strengthens as the US Dollar (USD) tumbles amid fears that the escalating trade war between Washington and Beijing could lead the United States (US) economy into a recession.
Created : 2025.04.09 19:49
Last updated : 2025.04.09
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- Breaking news
MXN: Inflation figures are unlikely to provide new information - Commerzbank
- Breaking news
This afternoon the Mexican statistics office will release the March inflation figures. However, they are unlikely to tell us much new, Commerzbank's FX analyst Michael Pfister notes.
Created : 2025.04.09 19:42
Last updated : 2025.04.09
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- Breaking news
EUR/USD strengthens on fresh escalation in US-China trade war
- Breaking news
EUR/USD advances to near 1.1050 in Wednesday's European session. The major currency pair remains firm as the US Dollar (USD) stays under pressure on the brewing trade war between the United States (US) and China.
Created : 2025.04.09 19:36
Last updated : 2025.04.09
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- Breaking news
How fast is too fast for the SNB? - Commerzbank
- Breaking news
The Swiss franc has emerged as a clear winner amidst the recent market turbulence following Donald Trump's tariff announcement, appreciating significantly against major currencies.
Created : 2025.04.09 19:34
Last updated : 2025.04.09
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- Breaking news
USD/JPY: Oversold weakness has not stabilized - UOB Group
- Breaking news
UD Dollar (USD) has gathered downward momentum vs Japanese Yen (JPY), but it might not be able to break below 145.00.
Created : 2025.04.09 19:18
Last updated : 2025.04.09
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- Breaking news
RBNZ cuts rates as expected - Commerzbank
- Breaking news
As expected, the Reserve Bank of New Zealand cut its key interest rate by 25 basis points to 3.5% this morning. After the RBNZ had recently cut interest rates in large steps of 50 basis points each, the pace has been slowed down, as expected.
Created : 2025.04.09 18:53
Last updated : 2025.04.09
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- Breaking news
CNY: 7.35 and on it goes - Commerzbank
- Breaking news
So far, the Chinese currency has not responded to the US tariffs with a major devaluation. But many small devaluations can add up to a big effect. USD/CNY rose as high as 7.35 this morning, the weakest level for the CNY since 2007.
Created : 2025.04.09 18:50
Last updated : 2025.04.09
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- Breaking news
BoE: Major shift in global trading arrangements could harm financial stability by depressing growth
- Breaking news
"A major shift in global trading arrangements could harm financial stability by depressing growth," the Bank of England's Financial Policy Committee said in a statement following its two-day meeting.
Created : 2025.04.09 18:46
Last updated : 2025.04.09
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- Breaking news
Gold jumps to $3,050 as US tariffs go into effect
- Breaking news
Gold price (XAU/USD) bounces higher and recovers to $3,050 at the time of writing on Wednesday as United States (US) President Donald Trump's tariffs come into effect.
Created : 2025.04.09 18:24
Last updated : 2025.04.09
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- Breaking news
ECB's Rehn: Downside risks have materialised since March rate meeting
- Breaking news
European Central Bank (ECB) policymaker Olli Rehn said on Wednesday that the case for continuing rate cuts at the April meeting is supported by downside risks materializing, per Reuters.
Created : 2025.04.09 18:20
Last updated : 2025.04.09
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- Breaking news
ECB's Villeroy: Trump administration actions offer opportunity to boost Euro's international role
- Breaking news
European Central Bank (ECB) policymaker and Bank of France head Francois Villeroy de Galhau said on Wednesday that they estimate the trade conflict to reduce Eurozone growth by 0.25 percentage points this year, per Reuters.
Created : 2025.04.09 18:15
Last updated : 2025.04.09
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- Breaking news
NZD/USD rises above 0.5550 on rising hope of de-escalation in global trade tensions
- Breaking news
The NZD/USD pair is stabilizing near 0.5560 during Wednesday's European session after three consecutive days of losses.
Created : 2025.04.09 18:09
Last updated : 2025.04.09
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- Breaking news
NZD/USD: Downward momentum is building - UOB Group
- Breaking news
Downward momentum is building; New Zealand Dollar (NZD) is likely to decline vs US Dollar (USD), but it is unclear whether it can break the major support at 0.5450.
Created : 2025.04.09 17:46
Last updated : 2025.04.09
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- Breaking news
Eurozone growth to take a bigger hit from Trump's tariffs than the ECB earlier estimated - Reuters
- Breaking news
Citing sources with direct knowledge of the European Central Bank (ECB) thinking, Reuters reported on Wednesday that the "Eurozone growth is expected to take a bigger hit from US President Donald Trump's tariffs than the ECB earlier estimated."
Created : 2025.04.09 17:46
Last updated : 2025.04.09
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