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USD/SGD: Reversal signs after heavy selling – BNY
BNY’s Head of Markets Macro Strategy Bob Savage highlights USD/SGD as the weakest non-carry pair over the past month, with sustained net selling pressure. However, the last two sessions have seen softer outflows, suggesting momentum is turning.
Fxstreet
Thu, Feb 26
USD/CNH: Yuan strength extends lower grind – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Dollar is mixed within a multi‑month range while USD/CNH continues to grind lower, reaching its weakest level since March 2023. The bank sees further downside potential as a stronger Yuan supports China’s shift toward consumption-led growth.
Fxstreet
Thu, Feb 26
When is the Japan Tokyo CPI and how it could affect USD/JPY?
Statistics Bureau of Japan will publish its data for February on Friday at 23.30 GMT. The Tokyo CPI measures the price fluctuation of goods and services purchased by households in the Tokyo region, excluding fresh food, whose prices often fluctuate depending on the weather.Fxstreet
Thu, Feb 26
Fed’s Goolsbee: I want us to be careful
Federal Reserve (Fed) President of the Bank of Chicago, Austan Goolsbee, said interest rates can come down, but they don't want to front-load before inflation eases. He also added he wants the Fed to be careful in a Fox News Interview on Thursday.
Fxstreet
Thu, Feb 26
Denmark: Election called with stable outlook – Nordea
Nordea’s Group Chief Economist Helge J. Pedersen notes that Prime Minister Mette Frederiksen has called a Danish parliamentary election for Tuesday, March 24. The current three-party government of the Social Democrats, Venstre and the Moderates is unlikely to remain unchanged.
Fxstreet
Thu, Feb 26
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