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CNY: PBoC on hold as Yuan firms – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes that the People’s Bank of China kept its 1-year and 5-year LPR unchanged at 3% and 3.5%, balancing growth support and currency stability. Despite weak GDP and persistent deflationary pressures, authorities are focusing on services consumption.
USD/CNH
Fxstreet
Tue, Feb 24
USD/KRW: Range trade with slight downside bias – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that USD/KRW has traded lower but remains range-bound, supported by strong Korean exports and better sentiment. While US tariff uncertainty can be USD-negative, broader risk-off could still cap KRW gains.
Fxstreet
Tue, Feb 24
United States 2-Year Note Auction: 3.455% vs previous 3.58%
United States 2-Year Note Auction: 3.455% vs previous 3.58%
Fxstreet
Tue, Feb 24
Romania: Growth shift and AI reshape jobs – ING
ING economists Valentin Tataru and Stefan Posea describe Romania’s shift from a consumption-driven, labour‑intensive model toward a capital‑intensive, productivity‑based economy.
Fxstreet
Tue, Feb 24
BoE’s Pill: Bearing down on inflationary pressures remains necessary
Bank of England (BoE) Chief Economist Huw Pill said that the BoE has put too much weight on inflation being near the target rather than looking ahead, in remarks at the parliament's Treasury Committee on Tuesday.
GBP/USD
Fxstreet
Tue, Feb 24
BoE’s Governor Bailey: Rate cut at next meeting is a genuinely open question
Bank of England (BoE) Governor Andrew Bailey said on Tuesday that he expects inflation to return to close to target in April. During his testimony before the parliament's Treasury committee, he added that a possible rate cut in March is "a genuinely open question."
GBP/USD
Fxstreet
Tue, Feb 24
Brazil: Tariff relief but lingering US risk – Standard Chartered
Standard Chartered economist Dan Pan argues that Brazil stands out as a major beneficiary of the US Supreme Court ruling against President Trump’s IEEPA tariffs, with effective tariffs likely to fall sharply.
Fxstreet
Tue, Feb 24
ASEAN: Tariff reset reshapes export outlook – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng note that the US court ruling invalidates unilateral IEEPA tariffs on ASEAN-6, shifting them to MFN plus a 15% Section 122 levy until July 2026.
Fxstreet
Tue, Feb 24
Bank of England: Cuts on the table, conviction still building
At the Treasury Select Committee (TSC) hearing following the February Monetary Policy Report, Governor Andrew Bailey struck a cautiously dovish tone, suggesting that with inflation returning to target, there should be scope for some further easing in monetary policy.
GBP/USD
Fxstreet
Tue, Feb 24
US CB Consumer Confidence Index rose to 91.2 in February
US consumer sentiment picked up pace in February, as the Conference Board’s Consumer Confidence Index improved to 91.2 , up from January’s 89.0 (revised from 84.5).
Fxstreet
Tue, Feb 24
United States Dallas Fed Manufacturing Business Index rose from previous -1.2 to 0.2 in February
United States Dallas Fed Manufacturing Business Index rose from previous -1.2 to 0.2 in February
Fxstreet
Tue, Feb 24
France: Growth outlook softens on weaker business climate – ING
ING economist Charlotte de Montpellier notes that French business confidence fell further in February, with the overall climate below its long‑term average and services particularly weak.
Fxstreet
Tue, Feb 24
United States Richmond Fed Manufacturing Index below expectations (-4) in February: Actual (-10)
United States Richmond Fed Manufacturing Index below expectations (-4) in February: Actual (-10)
Fxstreet
Tue, Feb 24
United States Wholesale Inventories in line with forecasts (0.2%) in December
United States Wholesale Inventories in line with forecasts (0.2%) in December
Fxstreet
Tue, Feb 24
USD: Squeeze risk on geopolitical escalation – OCBC
OCBC’s Sim Moh Siong and Christopher Wong argue that conditions for a sustained US Dollar rebound remain absent, but heavy speculative shorts leave the currency vulnerable to a squeeze.
USD/CAD
Fxstreet
Tue, Feb 24
US tariffs: Policy paradox weighs on Dollar – NBC
National Bank of Canada's (NBC) Jocelyn Paquet analyzes recent US tariff developments after the Supreme Court overturned tariffs imposed under IEEPA, temporarily cutting the average rate before the Trump administration reinstated higher duties via a universal 15% tariff.
Fxstreet
Tue, Feb 24
United States S&P/Case-Shiller Home Price Indices (YoY) came in at 1.4%, below expectations (1.5%) in December
United States S&P/Case-Shiller Home Price Indices (YoY) came in at 1.4%, below expectations (1.5%) in December
Fxstreet
Tue, Feb 24
United States Housing Price Index (MoM) below forecasts (0.3%) in December: Actual (0.1%)
United States Housing Price Index (MoM) below forecasts (0.3%) in December: Actual (0.1%)
Fxstreet
Tue, Feb 24
United States Redbook Index (YoY) down to 6.7% in February 20 from previous 7.2%
United States Redbook Index (YoY) down to 6.7% in February 20 from previous 7.2%
Fxstreet
Tue, Feb 24
Base metals: Tariff fears fuel price gains – Commerzbank
Commerzbank’s Thu Lan Nguyen explains that Base Metals have risen on renewed US tariff uncertainty and a weaker Dollar.
Fxstreet
Tue, Feb 24
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