Forex markets: How far can the relief rally go?

Forex markets: How far can the relief rally go?

Investing.com — Donald Trump’s inauguration week began with a relief rally in G10 currencies against the US dollar (USD), driven by a Wall Street Journal report hinting at a potential delay in tariffs. UBS strategists, citing their short-term valuation model, analyzed the rally, assessing the extent of tariff risk priced into currencies as of the […]

Read More
 Asia FX slips amid Trump tariff jitters; China factory data underwhelms

Asia FX slips amid Trump tariff jitters; China factory data underwhelms

Investing.com – Most Asian currencies weakened at the start of the week, pressured by a rebound in the U.S. dollar amid uncertainty surrounding President Donald Trump’s tariff policies, while weak Chinese factory data further dampened market sentiment. Trump imposed a 25% tariff on Colombian imports overnight after Colombia’s President Gustavo Petro blocked U.S. deportation flights.  […]

Read More
 Dollar gains on tariffs fears; euro looks to ECB meeting

Dollar gains on tariffs fears; euro looks to ECB meeting

Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a week in which the Federal Reserve holds a policy-setting meeting. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket […]

Read More
 Sterling may gain on UK Treasury chief’s growth-boosting plans

Sterling may gain on UK Treasury chief’s growth-boosting plans

Investing.com — The British pound may see a boost if U.K. Treasury chief Rachel Reeves’ speech about potential new measures to stimulate economic growth is favorably received. This prediction comes from analysts at Monex Europe, who shared their thoughts in a recent note, the Wall Street Journal reported. Reeves is slated to reveal a series […]

Read More
 Philippine peso nears record low as central bank plans rate cuts

Philippine peso nears record low as central bank plans rate cuts

Investing.com — The Philippine peso is approaching a record low as the country’s central bank, Bangko Sentral ng Pilipinas (BSP), plans further interest rate cuts amid slowing economic growth. The BSP’s next decision is expected on February 13. According to Bloomberg News, financial institutions such as Goldman Sachs Group Inc (NYSE:GS)., Barclays (LON:BARC) Plc, and […]

Read More
 Trump answers whether Comey indictment is about justice or revenge

Trump answers whether Comey indictment is about justice or revenge

President Donald Trump told reporters Friday that the indictment against former FBI Director James Comey is about pursuing long-standing corruption and not political payback. ‘It’s about justice really, it’s not revenge,’ Trump said while departing the White House. ‘It’s also about the fact that you can’t let this go on. They are sick, radical left […]

Read More
 Iranian-Americans and dissidents rallied against ‘murderous regime agents’ as Iran’s president addressed UNGA

Iranian-Americans and dissidents rallied against ‘murderous regime agents’ as Iran’s president addressed UNGA

As Iranian President Masoud Pezeshkian delivered his first address to the United Nations General Assembly on Wednesday, accusing the United States and Israel of ‘savage aggression,’ thousands of Iranian Americans and dissidents massed outside the building to denounce what they called the hypocrisy of the UN for giving Tehran’s rulers a platform. Inside the hall, […]

Read More