Forexlive European FX news wrap: Trump mulls a national emergency declaration for tariffs

US MBA mortgage applications w.e. 3 January -3.7% vs -12.6% prior Trump mulls a national emergency declaration to allow for new tariff program – report Cable turns lower on the…

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Australian Dollar appreciates as PBoC signals interest rate cuts this year

The Australian Dollar (AUD) extends its gains for the second successive session against the US Dollar (USD) on Friday.

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Japanese Yen remains tepid due to pre-New Year light trading

The Japanese Yen (JPY) remains stronger against the US Dollar (USD) on Monday.

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Gold Price Forecast: XAU/USD edges higher above $2,600 amid light trading

Gold price (XAU/USD) attracts some buyers to around $2,625 during the early Asian session on Monday.

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PBOC is expected to set the USD/CNY reference rate at 7.2981 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…

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Trump weekend tweet roundup: ‘Productive’ meeting with Trudeau and a BRICS rant

Trump has been blasting away on Truth Social. First off, Trudeau flew down to Mar-a-Lago to meet with him and they’re smiling in the picture. The tweet (or whatever you…

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Dollar rebounds on Trump tariff warning; stocks point lower

Original source: https://www.investing.com/news/stock-market-news/dollar-rebounds-on-trump-tariff-warning-stocks-point-lower-3741112

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Gold price slips as US Dollar ignores Fed rate cut

Gold prices had fallen on Friday as the Greenback stages a recovery despite falling US Treasury yields.

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DXY: Still 2-way trades – OCBC

USD broadly strengthened in the aftermath of Trump’s victory.

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PBOC is expected to set the USD/CNY reference rate at 7.1019 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…

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