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By Kevin Buckland TOKYO (Reuters) – The U.S. dollar (DX=F) was on the front foot against major peers on Friday after its best single-day performance for three weeks with the Federal Reserve indicating no rush to cut interest rates. The risk-sensitive Australian and New Zealand dollars remained on the defensive after steep slides on Thursday...

(Reuters) – U.S. President Donald Trump on Wednesday said the Federal Reserve would be better off cutting rates “as U.S. tariffs start to transition (ease!) their way into the economy”, on the day the central bank kept rates unchanged. The Trump administration’s initial policies, including extensive import tariffs, appear to have tilted the U.S. economy...

Oil prices rise on US data, Middle East tensions

Oil prices rise on US data, Middle East tensions Colleen Howe Thu, March 20, 2025 at 2:21 AM UTC 2 min read FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas By Colleen Howe BEIJING (Reuters) – Oil prices rose in early trading on Thursday on a...

TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Wednesday, underscoring policymakers’ preference to spend more time gauging how mounting global economic risks from higher U.S. tariffs could affect Japan’s fragile recovery. As widely expected, the board decided to keep the BOJ’s short-term policy rate unchanged at 0.5% by a unanimous vote....

(Reuters) – China is delaying the approval for BYD to build a plant in Mexico over concerns that the technology developed by the electric vehicle maker could leak to the U.S., the Financial Times reported on Wednesday, citing two people familiar with the matter. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Rashmi Aich) ,,,

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks were subdued on Wednesday and gold hovered near record highs as economic worries and a shifting geopolitical landscape kept risk appetite in check, while the yen steadied after the Bank of Japan held rates as expected. The yen was last at 149.33 per dollar, little changed on the...