High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trump China tariffs – Trump says will talk with Xi “probably over the next 24 hours”
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USD strength has crept back in as China tariff implementation time nears
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bullard – inflation will slow markedly this year, allowing lower Fed interest rates
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Bank of Japan Governor Ueda will be speaking in the Japanese parliament today
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Paul Tudor Jones warned Trump that “there’s no room for mistakes”, markets on shaky ground
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
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Trump is planning a US sovereign wealth fund
In brief:Trump signed an executive order to begin developing a U.S. government-owned investment fund.The fund could be used to profit from TikTok if an American buyer is found.TikTok has until early April to secure an approved partner or buyer.Trump wants the U.S. to...
ICYMI on Oil – U.S. shale industry and Saudi Arabia tell Trump they won’t boost output
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Fed’s Musalem makes no comments on the economy or monetary policy in his remarks
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Extra Trump tariffs on China are due to hit in a little over 5 hours
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US equity index futures have reopened for trade, both ES and NQ have jumped higher
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Here’s a forecast for 100bp of Reserve Bank of Australia interest rate cuts in 2025
A note from Westpac argues that confidence that the RBA will start cutting rates at its February 18 Board meeting is expected to remain steady this week. While there’s room to debate if markets are overestimating the chances of a rate cut, says the analysis, the more...
Forexlive Americas FX news wrap 3 Feb: Tariffs are postponed in Canada and Mexico.
The USD started the day higher vs most of the major currencies (with the exception of the JPY) as markets reacted to weekend tariff news with 25% on Mexico and Canada and 10% on China. However, early in the US session, the greenback started to move modestly lower, but...
Fed’s Goolsbee sees risks that inflation could tick back up
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EU’s von der Leyen says will respond firmly if targeted by unfair or arbitrary tariffs
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New Zealand data – December building permits -5.6% m/m (prior +4.9%)
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Trump will pause tariffs on Canada for 30 days
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USD/CAD on the move – plunges – Trump says ‘watch’ when asked about tariffs
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Trump says call with Trudeau went “very well”. Asked on tariffs, he said “watch”
It's a pivotal day in Canadian dollar trading as the deadline for the US to impose tariffs on Canada nears. It would also kick off retaliatory tariffs by Canada and court challenges.USD/CAD was trading at 1.4555 as the call with Trudeau and Trump got underway after...