US Treasury Sec. Bessent warns other countries not to retaliate against US tariffs

US Treasury Secretary Scott Bessent late Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.

PBOC sets USD/CNY reference rate at 7.1889 vs. 7.1793 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1889 as compared to the previous day's fix of 7.1793 and 7.2532 Reuters estimate.

Australia’s Trade Surplus decreases to 2,968M MoM in February vs. 5,600M expected

Australia’s trade surplus decreased to 2,968M MoM in February versus 5,600M expected and 5,156M (revised from 5,620M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.

NZD/USD remains under selling pressure below 0.5750 on new Trump tariffs

The NZD/USD pair faces some selling pressure to near 0.5730 during the early Asian session on Thursday.

EUR/USD pares post-tariff gains, but maintains bullish stance

On Wednesday, the EUR/USD pair saw a bullish surge after the Trump administration announced tariffs that turned out to be less severe than many investors had anticipated, given President Donald Trump’s barrage of tariff threats over the last 72 days.