Trump tariff vow hits Mexican and Canadian currencies, yen firm
By Alden Bentley NEW YORK (Reuters) -A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the...
By Alden Bentley NEW YORK (Reuters) -A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the...
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) - Multinational companies are beefing up their foreign exchange hedging strategies to guard their overseas earnings from...
- The US dollar has struggled for gains this week, and Citi thinks its rally may be over in the short term, but still looks for dips to buy the US currency moving...
Commodity Trading Advisors (CTAs) are maintaining a risk-on positioning while using Gold and the US Dollar as risk-off hedges, according to UBS. Despite equities moving sideways...
-- Bank of America analysts said they are comfortable tactically fading the recent rally in the U.S. dollar this week, citing multiple reversal signals and market...
By Mike Dolan LONDON (Reuters) - It may just be the turn of currency markets to play 'bad cop' to the incoming U.S. administration's proposed tariff hikes - sideswiping its trade...
- The US dollar edged higher Tuesday, while the Canadian dollar, the Mexican peso and the Chinese yuan slipped lower after President-elect Donald Trump raised the...
-- Most Asian currencies edged lower on Tuesday, with the Chinese yuan dropping to a four-month low against a stronger dollar after U.S. President-elect Donald Trump...
SHANGHAI (Reuters) - The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all...
-- The Mexican peso, and the Canadian dollar fell sharply on Tuesday against the U.S. dollar, while the offshore Chinese yuan inched lower after the President-elect...