China's "two sessions" meetings set to conclude on 11 March
a month ago
China's "two sessions" meetings set to conclude on 11 March
As confirmed by a spokesperson for China's National People's Congress
ForexLive Asia-Pacific FX news wrap: USD/JPY dropped under 149.00
a month ago
ForexLive Asia-Pacific FX news wrap: USD/JPY dropped under 149.00
Forex news for Asian trading on Tuesday, March 4, 2025
Session wrap
Wrap Asia
China reportedly plans to publish policy to bolster use of open source chips nationwide
a month ago
China reportedly plans to publish policy to bolster use of open source chips nationwide
Reuters reports, citing sources familiar with the matter
market overview
PM Ishiba: Japan is not pursuing so-called currency devaluation policy
a month ago
PM Ishiba: Japan is not pursuing so-called currency devaluation policy
Japanese Prime Minister (PM) Shigeru Ishiba said on Tuesday that “Japan is not pursuing so-called currency devaluation policy.” .
Japan
USDJPY
Currencies
Japan PM Ishiba says not pursuing a currency devaluation policy
a month ago
Japan PM Ishiba says not pursuing a currency devaluation policy
Japan PM Ishiba disgreeing with Trump's accusations
Silver Price Forecast: XAG/USD maintains position above $31.50 due to risk-off mood
a month ago
Silver Price Forecast: XAG/USD maintains position above $31.50 due to risk-off mood
Silver price (XAG/USD) extends its gains for the second consecutive session, trading near $31.70 per troy ounce during Asian hours on Tuesday.
Silver
XAGUSD
TradeWar
Macroeconomics
Commodities
USD/INR jumps on Trump’s tariff plans
a month ago
USD/INR jumps on Trump’s tariff plans
The Indian Rupee (INR) softens on Tuesday after reaching a three-week high in the previous session.
USDINR
India
SEO
Macroeconomics
EmergingMarkets
Japanese Yen retreats to the lower end of its daily range against US Dollar
a month ago
Japanese Yen retreats to the lower end of its daily range against US Dollar
The Japanese Yen (JPY) attracts some follow-through buying for the second straight day on Tuesday and moves back closer to a multi-month peak touched against its American counterpart last week.
USDJPY
BOJ
TradeWar
Fed
SEO
Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in
a month ago
Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in
A statement released by the Canadian prime minister's office confirmed that Canada will impose retaliatory tariffs on US imports from Tuesday if US tariffs go into effect.
Canada
TradeWar
USDCAD
EUR/USD rises to near 1.0500, upside seems limited due to increased risk aversion
a month ago
EUR/USD rises to near 1.0500, upside seems limited due to increased risk aversion
EUR/USD continues its upward momentum for the second consecutive session, trading around 1.0490 during Asian hours on Tuesday.
EURUSD
Majors
Macroeconomics
Eurozone
TradeWar
NZD/USD softens to near 0.5600 on Trump tariff threat
a month ago
NZD/USD softens to near 0.5600 on Trump tariff threat
The NZD/USD pair remains on the defensive around 0.5610 during the early Asian session on Tuesday.
NZDUSD
Macroeconomics
Majors
Australian Dollar declines as US Dollar strengthens amid increased risk aversion
a month ago
Australian Dollar declines as US Dollar strengthens amid increased risk aversion
The Australian Dollar (AUD) retreats against the US Dollar (USD) on Tuesday, giving up recent gains.
AUDUSD
SEO
TradeWar
Macroeconomics
Australia
China’s Commerce Ministry will take necessary countermeasures on Donald Trump's higher tariffs
a month ago
China’s Commerce Ministry will take necessary countermeasures on Donald Trump's higher tariffs
China’s Commerce Ministry said early Tuesday that the country vowed to take “necessary countermeasures” to safeguard China’s legitimate rights and interests.
China
UnitedStates
Macroeconomics
TradeWar
PBOC sets USD/CNY reference rate at 7.1739 vs. 7.1745 previous
a month ago
PBOC sets USD/CNY reference rate at 7.1739 vs. 7.1745 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1739 as compared to the previous day's fix of 7.1745 and 7.2727 Reuters estimates.
USDCNY
PBOC
CentralBanks
Currencies
China’s Commerce Ministry will take “necessary countermeasures” on Trump's higher tariffs
a month ago
China’s Commerce Ministry will take “necessary countermeasures” on Trump's higher tariffs
China response to Trump's China tariffs set higher
CNY
China
CNH
US President Donald Trump pauses military aid to Ukraine
a month ago
US President Donald Trump pauses military aid to Ukraine
US President Donald Trump ordered a pause to all military aid to Ukraine, putting further pressure on Volodymyr Zelenskiy just days after an Oval Office dispute with the Ukrainian president cast doubt on his country's most important partner.
UnitedStates
Ukraine
Macroeconomics
UK retail prices set to rise as costs increase
a month ago
UK retail prices set to rise as costs increase
British Retail Consortium (BRC) reports shop prices +0.4% m/m, with more rises expected
RBA Minutes: Members emphasize more weight on downside risks to the economy
a month ago
RBA Minutes: Members emphasize more weight on downside risks to the economy
The Reserve Bank of Australia (RBA) published the Minutes of its February monetary policy meeting on Tuesday, highlighting that the board judged case to cut rates was the stronger one.
RBA
Australia
CentralBanks
InterestRate
Australia’s Retail Sales rise 0.3 % MoM in January vs. 0.3% expected
a month ago
Australia’s Retail Sales rise 0.3 % MoM in January vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.3% MoM in January, compared to a decline of 0.1% in December, the official data published by the Australian Bureau of Statistics (ABS) showed on Tuesday.
Australia
RetailSales
Macroeconomics
Japan Q4 Corporate Capex falls 0.2%, tepid domestic demand
a month ago
Japan Q4 Corporate Capex falls 0.2%, tepid domestic demand
An input to revised GDP figures due on March 11.
More background on why Trump threatened Japan and China over currency deprecation
a month ago
More background on why Trump threatened Japan and China over currency deprecation
Trump said devaluing currencies against the USD put American industries at a disadvantage.
CNY
JPY
China
CNH
Japan's Kato: Country not using foreign exchange policy to weaken Yen
a month ago
Japan's Kato: Country not using foreign exchange policy to weaken Yen
Japan's Finance Minister, Katsunobu Kato, said early Tuesday that the country is not devaluing the Japanese Yen.
Japan
Exchanges
Macroeconomics
GBP/USD rallies on a moment of Greenback weakness, but tensions remains high
a month ago
GBP/USD rallies on a moment of Greenback weakness, but tensions remains high
GBP/USD rose on Monday, buoyed by a broadly-underbid US Dollar and a latent recovery in Pound Sterling flows.
GBPUSD
TradeWar
PMI
NFP
The US has 'paused' all current military aid to Ukraine
a month ago
The US has 'paused' all current military aid to Ukraine
Bloomberg headline
Politics
ukraine
Japan finance minister Kato says Japan is not devaluing the yen
a month ago
Japan finance minister Kato says Japan is not devaluing the yen
Won't comment on what Trump has to say
Japan January Unemployment Rate 2.5% (vs. 2.4% expected)
a month ago
Japan January Unemployment Rate 2.5% (vs. 2.4% expected)
Japanese labour market data for January 2025
OPEC+ sets to raise oil output in April following extended cuts
a month ago
OPEC+ sets to raise oil output in April following extended cuts
The Organization of the Petroleum Exporting Countries Plus (OPEC+) said it will proceed with a plan to increase oil production from April.
WTI
Oil
Commodities
Macroeconomics
USD/JPY Price Forecast: Struggles on weak US data, tariff woes
a month ago
USD/JPY Price Forecast: Struggles on weak US data, tariff woes
The USD/JPY begins Tuesday’s Asian session unchanged after registering losses of 0.74% on Monday.
USDJPY
Currencies
Technical Analysis
USD/CAD extends the rally above 1.4450 as Trump confirms tariffs
a month ago
USD/CAD extends the rally above 1.4450 as Trump confirms tariffs
The USD/CAD pair extends its upside to around 1.4490 during the late American session on Monday.
USDCAD
Majors
Macroeconomics
Australian weekly consumer sentiment survey dropped to 87.7 (prior 89.8)
a month ago
Australian weekly consumer sentiment survey dropped to 87.7 (prior 89.8)
ANZ-Roy Morgan Australian Consumer Confidence index
Australian Q4 GDP growth data expected to remain soft, seen strengthening in 2025
a month ago
Australian Q4 GDP growth data expected to remain soft, seen strengthening in 2025
Q4 economic growth data is due from Australia mid-week
Crude Oil backslides after OPEC announces production increase, WTI eases to $68
a month ago
Crude Oil backslides after OPEC announces production increase, WTI eases to $68
West Texas Intermediate (WTI) Crude Oil prices took a tumble on Monday, falling 2.5% at the outset of the new trading week after the Organization of the Petroleum Exporting Countries (OPEC) announced a tentative agreement to begin ramping up Crude Oil production globally.
Oil
Energy
WTI
Canadian Dollar falls again as tariff threats loom
a month ago
Canadian Dollar falls again as tariff threats loom
The Canadian Dollar (CAD) turned tail and ran from the Greenback on Monday, backsliding around one-fifth of one percent after plumbing the depths of a seventh straight bearish session.
USDCAD
SEO
TradeWar
Silver Price Forecast: XAG/USD surges past $31.50 on soft USD
a month ago
Silver Price Forecast: XAG/USD surges past $31.50 on soft USD
Silver price recovers, climbs above the $31.50 mark on Monday as the Greenback depreciates sharply across the board.
Silver
XAGUSD
Technical Analysis