NZD/USD makes fresh low as Trump threatens more tariffs

The Kiwi kicked lower on reaction against the USD after the White House announced Trump was seeking an additional $100 B in tariffs. NFP Friday promises plenty of volatility, and a sour risk mood doesn't bode well heading into Frday. The NZD/USD knocked lower into 0.7260 following a ...

Japan JP Foreign Reserves climbed from previous $1261.7B to $1268.3B in March

Japan Overall Household Spending (YoY) registered at 0.1%, below expectations (0.3%) in February

AUD/USD slips as trade war fears reignite

The Aussie loses grip after stabilizing late Thursday, driven lower by the announcement of continued trade war tensions. Market sentiment heads into NFP Friday on the back foot. The AUD/USD is falling into the 0.7660 level as markets wither following Trump's announcement that he' ...

Japan Overall Household Spending (YoY) below forecasts (0.3%) in February: Actual (-0.1%)

NZD/JPY erases Thursday’s gains, sinking into 77.70

The Kiwi treaded water against the Yen most of the day before resh tariff threats killed risk appetite heading into Friday's action. JPY data due for the early session could add to Yen buying if figures stoke risk aversion. The NZD/JPY is dropping heading into the Tokyo session, sinkin ...

USD/JPY thrown back into line by Trump’s fanning of trade war angst

USD/JPY pops to the downside on risk off as Trump tells Treasury to consider another 100B in China tariffs. USD/JPY unable to get through the key 107.50 ahead of nonfarm payrolls. Just as the market was looking ahead for a smooth transition into the European and NY sessions awaiting th ...

Trump tells Treasury to consider another 100B in China tariffs – White House

US President Trump has asked his Treasury department to examine another 100B in tariffs against China, according to a statement from the White House Press Secretary's office. Key details A statement from the President's administration has hit the wires detailing Trump's justificatio ...

Talks with China will occur before any tariffs are implemented – ANZ

Analysts at ANZ explained that White House trade advisor Peter Navarro said overnight that talks with China will occur before any tariffs are implemented.  Key Quotes: "The discussions will occur during the 60-day period when Americans can provide feedback." "Kudlow said the ai ...

AUD/USD: nonfarm payrolls in focus, eyes on a break below 0.7642?

AUD/USD: awaits the nonfarm payrolls outcome, dented on a strong greenback. AUD/USD: downside playing out and eyes on a break below 0.7642. AUD/USD has moved into a sideways drift leaning with a bearish bias after completing a near-full reversal of the 0.7660 rally to 0.7726 high. 0.7790 t ...

AUD/JPY holding near highs ahead of Japan Household Spending

The Aussie recovers mildly against the Yen as risk-off falls out of market favour. Japanese indicators for Friday could swing Asia sentiment heading into the weekend. The AUD/JPY is trading on the high side, testing over 82.50 in the overnight session. The Aussie lifted against the safe-have ...

Nonfarm payrolls preview: a somewhat soft 140k increase? – Nomura

Analysts at Nomura offered their preview for the forthcoming US employment report. Key Quotes: "We forecast a somewhat soft 140k increase in nonfarm payroll employment for March (Consensus: 185k), largely due to payback after warm weather pushed up February’s employment growth.  ...

Forex today: risk on, yen sent packing, investors turn optimistic

A risk-on session in the FX space today with the yen dropping back below key supports across the board while the DXY traded in the upper end of the 90.071 - 90.594 range for the day. The US Treasury 10-year yield was up 2bps to 2.83% while yields globally were up 1-5bps - All this on the back o ...

NZD/USD looking for a floor after falling away from 0.73

The Kiwi is following the broader markets down against the Greenback as risk appetite returns ahead of NFP Friday. No data remaining this week for the Kiwi, and direction rests entirely in the hands of trader sentiment. The NZD/USD is back into the 0.7270 area after reaching a high o ...

Peru stocks higher at close of trade; S&P Lima General up 0.58%

Investing.com – Peru stocks were higher after the close on Thursday, as gains in the S&P Lima Juniors, Banking&Financials and Mining sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.58% to hit a new 1-month high. The best performers of the session on the ...