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GBP/USD: Range-bound after failed upside attempt – UOB
UOB analysts Quek Ser Leang and Peter Chia highlight a volatile GBP/USD session, with a spike to 1.3712 followed by a drop to 1.3610 and a close near 1.3628. Short-term, they see risk of a brief dip below 1.3600 but doubt an extension to 1.3550.Fxstreet
Thu, Feb 12
RPT-Conflict-torn Congo closes in on debut international bond
Democratic Republic of Congo readying first-ever international bond Country is banking on benefits of metals boom Minister says US government's DFC arm to provide $530 million loan for key railway projectBy Karin Strohecker and Marc Jones LONDON, Feb 11 (Reuters) - The Democratic Republic of ...Reuters
Thu, Feb 12
PRESS DIGEST -Wall Street Journal - February 12
Feb 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - WeRide WRD.O Chief Executive Tony Han said the company reduced data collection and training costs by 75% using an in-house AI testing p...Reuters
Thu, Feb 12
RBA’s Hunter says expect labor market to remain tight, inflation above target for some time
Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter said on Thursday that she expects the labor market to remain tight and inflation above target for some time. Hunter added that she will be closely assessing capacity pressures in the economy and labor market.Fxstreet
Thu, Feb 12
Japan's wholesale inflation slows, weak yen pressures import costs
January wholesale prices up 2.3% yr/yr, matching forecastYen-based import price index rises 0.5% yr/yr in JanuaryAnalysts expect wholesale inflation to moderate in coming monthsYen moves likely key to BOJ's rate-hike timingBy Leika Kihara TOKYO, Feb 12 (Reuters) - Japan's annual wholesale...Reuters
Thu, Feb 12
Canadian Dollar edges lower below 1.3600 as strong US NFP data boosts US Dollar
The USD/CAD pair trades with mild gains around 1.3580 during the Asian trading hours on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) on a stronger-than-expected employment report.
Fxstreet
Thu, Feb 12
US budget deficit to keep growing amid Trump tax cuts, tariffs, CBO forecasts show
US deficit-to-GDP ratio to average 6.1% over next decade, unusual for peacetime economy, CBO saysCBO predicts 2026 economic growth at 2.2%, far lower than Trump administrationGrowth in interest costs from growing debt dwarfs discretionary spending cutsBy David Lawder and Richard Cowan WASHINGTON,...Reuters
Thu, Feb 12
Japan’s Top FX Diplomat Mimura: Authorities are watching FX with high urgency
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Thursday that authorities are watching developments “with a high sense of urgency” and are not lowering their guard amid renewed Japanese Yen volatility.Fxstreet
Thu, Feb 12
