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RBA FSR: US tariffs could have a chilling effect on business investment and consumer spending
In its Financial Stability Review (FSR) published on Thursday, the Reserve Bank of Australia (RBA) warned that the US "tariffs could have a chilling effect on business investment and consumer spending."
US Treasury Sec. Bessent warns other countries not to retaliate against US tariffs
US Treasury Secretary Scott Bessent late Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
PBOC sets USD/CNY reference rate at 7.1889 vs. 7.1793 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1889 as compared to the previous day's fix of 7.1793 and 7.2532 Reuters estimate.
Australia's Trade Surplus decreases to 2,968M MoM in February vs. 5,600M expected
Australia's trade surplus decreased to 2,968M MoM in February versus 5,600M expected and 5,156M (revised from 5,620M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.
NZD/USD remains under selling pressure below 0.5750 on new Trump tariffs
The NZD/USD pair faces some selling pressure to near 0.5730 during the early Asian session on Thursday.
EUR/USD pares post-tariff gains, but maintains bullish stance
On Wednesday, the EUR/USD pair saw a bullish surge after the Trump administration announced tariffs that turned out to be less severe than many investors had anticipated, given President Donald Trump's barrage of tariff threats over the last 72 days.
USD/CAD attracts some buyers above 1.4250 as Trump unveils tariff plans
The USD/CAD pair attracts some buyers to near 1.4275, snapping the two-day losing streak during the late American session on Thursday.
GBP/USD rises to test new highs, absorbs Trump tariffs in stride
GBP/USD stepped into fresh bids at six-month highs on Wednesday after the Trump administration unveiled tariffs that overall came in better than many investors had feared based on President Donald Trump's cavalcade of tariff threats since taking up residence in the White House 72 days ago.
Canada PM Carney: We will impose counter measures on the United States
Canadian Prime Minister Mark Carney said on Wednesday that the country will fight US President Donald Trump's tariffs with countermeasures, per Reuters.
AUD/USD below 0.6300 after Trump's announcements
On Wednesday's American session, the Australian Dollar pulled back after a brief spike to multi-day highs, with the AUD/USD pair slipping back under the 0.6300 threshold.
US Dollar down as markets asses Trump's words
The US Dollar Index (DXY) moved lower during Wednesday's session, lingering near the 104.00 area after President Donald Trump confirmed sweeping tariffs on global imports.
USD/JPY trades volatile as Trump imposes 24% tariffs on Japan
The USD/JPY trades volatily as US President Donald Trump announces reciprocal tariffs on Liberation Day, with duties being effective on April 3.
Fed's Kugler: I support keeping the policy rate in place as long as inflation risks remain
Federal Reserve (Fed) Board of Governors member Ariana Kugler added her voice to the growing chorus of Fed policymakers cautioning that rising inflation pressures, though still small, will force the Fed to stand pat on interest rates for the time being.
EUR/USD jumps to two-week highs on Trump tariff announcements
EUR/USD lurched higher late Wednesday, tapping its highest bids in ten consecutive trading days after market sentiment reacted positively to better-than-expected tariff levels from the Trump administration.
US Dollar edges lower as traders await clarity on tariffs
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is trading below the 104.00 area during Wednesday's session amid heightened caution ahead of the White House's official tariff announcement.
Forex Today: The Services sector takes centre stage
The Greenback traded on the back foot on Wednesday, receding markedly against the backdrop of increasing prudence ahead of President Trump's announcements on reciprocal tariffs.
Trump's "Liberation Day" tariffs on the way
United States (US) President Donald Trump's self-styled "Liberation Day" has finally arrived.
Mexican Peso slips as traders await Trump's Liberation Day
The Mexican Peso (MXN) remains on the defensive against the US Dollar (USD), trading with losses of more than 0.50% as traders await US President Donald Trump's Liberation Day announcement later today.
EUR/USD Price Analysis: Bulls push pair near 1.0900 as bullish momentum strengthens
EUR/USD extended its upward trajectory on Wednesday, rising toward the upper end of its recent range and was last seen near the 1.0900 zone following the European session.
GBP/USD climbs past 1.2950 as traders brace for Trump's tariff announcement
The Pound Sterling advances early during the North American session against the US Dollar as traders await US President Trump's tariff announcement, which could potentially spur a global economic slowdown.
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