Air Canada Hedges Most of Its Currency Risk Amid Trade War
Air Canada says it’s ready for any headwinds resulting from President Donald Trump’s tariffs, with its currency-hedging ...
Major Currencies Steady as Markets Size up PPI Optimism, Tariffs
Futures traders have about 33 basis points of cuts priced in for this year. That is up from 29 basis points before Thursday's ...
Trump’s Tariffs Make Currency Trading Cool Again After Years of Decline
He and his team at Optiver Holding BV, a top trading firm in London, rely on volatility to generate quick profits from sudden ...
MercoPress2d
China's Renmimbi has become world's second most used currency in trade finance
the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency, and the 6th most traded currency in 2014. Market participants expect the RMB’s market share in ...
Rupee rallies most in nearly 2 years on heavy central bank intervention
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
GBP/USD tumbles below 1.2400, extends its losses
From a technical standpoint, GBP/USD remains biased downward after the pair hit a daily high of 1.2421; buyers failed to ...
Asian News International on MSN1d
"BRICS Is Dead, Will Impose 100% Tariff If Dollar Replaced", Warns Trump
US President Donald said that BRICS is dead and reiterated his threat to BRICS nations, saying he would impose a 100 per cent ...
Rupee erases most losses from lifetime low as RBI intervenes
The local unit, however, pared the initial losses and finally settled on a flat note at 87.50 (provisional), unchanged over ...
'40% Cheaper In China': What The Big Mac Index Says About Trump's Tariff Plans
A Big Mac costs $5.79 in the U.S. but only $3.52 when converted from yuan in China, according to the latest data. The 40% price gap suggests China’s currency could be undervalued, lending credence to ...
Here's a potential winner from the Trump tariffs: American tourists traveling abroad
The U.S. dollar is expected to strengthen further in 2025 due to President Donald Trump’s tariff policy. Overseas travelers ...
Tuko on MSN1d
Asia: Most stocks rise as US tariffs give breathing space
ASIAN markets mostly rose on Friday in line with a rally on Wall Street as traders were buoyed by news that Donald Trump’s ...
Rupee rises most in over two years to reclaim 87 per dollar on likely RBI intervention
The local currency, on February 10, touched a new record low at 87.9563 against the US dollar due to the new tariff plan ...