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Fed’s Goolsbee: There are potentially several more rate cuts
Federal Reserve (Fed) President of the Bank of Chicago, Austan Goolsbee, said that services inflation is “not tame” and added that there are potentially several more rate cuts in 2026, in an interview with CNBC on Tuesday
US Dollar Index
Fxstreet
Tue, Feb 17
SEK: Strong labour data reduces cut risk – Danske Bank
Danske Research Team highlights a sharp downside surprise in Swedish unemployment, with the seasonally adjusted rate dropping to 8.0% versus 8.8% consensus. December and January figures imply sizeable positive revisions to labour metrics.
EUR/SEK
Fxstreet
Tue, Feb 17
ADP Employment Change 4-week average rises to 10,250 through January 31
Employment in the United States (US) private sector continues to expand at a moderate pace, with companies adding an average of 10,250 jobs per week in the four weeks ending January 31, according to the NER Pulse.
Fxstreet
Tue, Feb 17
US: PCE seen re‑accelerating into 2026 – TD Securities
TD Securities forecasts PCE inflation to firm in December, with core PCE at 0.25% m/m and headline at 0.27% m/m, translating to 2.9% and 2.8% y/y respectively.
Fxstreet
Tue, Feb 17
RBNZ: Inflation risks and delayed cuts – ING
ING’s Francesco Pesole argues that the Reserve Bank of New Zealand’s November 2025 projections underestimated inflation, with recent CPI data overshooting forecasts.
NZD/USD
Fxstreet
Tue, Feb 17
Canada Consumer Price Index - Core (MoM) remains unchanged at 0.2% in January
Canada Consumer Price Index - Core (MoM) remains unchanged at 0.2% in January
USD/CAD
Fxstreet
Tue, Feb 17
Canada Consumer Price Index (MoM) registered at 0%, below expectations (0.1%) in January
Canada Consumer Price Index (MoM) registered at 0%, below expectations (0.1%) in January
USD/CAD
Fxstreet
Tue, Feb 17
Canada Consumer Price Index (YoY) came in at 2.3%, below expectations (2.4%) in January
Canada Consumer Price Index (YoY) came in at 2.3%, below expectations (2.4%) in January
USD/CAD
Fxstreet
Tue, Feb 17
Canada BoC Consumer Price Index Core (MoM) up to 0.2% in January from previous -0.4%
Canada BoC Consumer Price Index Core (MoM) up to 0.2% in January from previous -0.4%
Fxstreet
Tue, Feb 17
Canada Foreign Portfolio Investment in Canadian Securities came in at $-5.57B, below expectations ($14.27B) in December
Canada Foreign Portfolio Investment in Canadian Securities came in at $-5.57B, below expectations ($14.27B) in December
Fxstreet
Tue, Feb 17
Canada Wholesale Sales (MoM) below expectations (2.1%) in December: Actual (2%)
Canada Wholesale Sales (MoM) below expectations (2.1%) in December: Actual (2%)
Fxstreet
Tue, Feb 17
Canada BoC Consumer Price Index Core (YoY) down to 2.6% in January from previous 2.8%
Canada BoC Consumer Price Index Core (YoY) down to 2.6% in January from previous 2.8%
Fxstreet
Tue, Feb 17
Canada Canadian Portfolio Investment in Foreign Securities: $13.06B (December) vs previous $16.49B
Canada Canadian Portfolio Investment in Foreign Securities: $13.06B (December) vs previous $16.49B
Fxstreet
Tue, Feb 17
United States NY Empire State Manufacturing Index above forecasts (6) in February: Actual (7.1)
United States NY Empire State Manufacturing Index above forecasts (6) in February: Actual (7.1)
Fxstreet
Tue, Feb 17
United States ADP Employment Change 4-week average climbed from previous 6.5K to 10.3K in January 24
United States ADP Employment Change 4-week average climbed from previous 6.5K to 10.3K in January 24
Fxstreet
Tue, Feb 17
GBP: Softer inflation and labour data shape BoE path – TD Securities
TD Securities expects UK January CPI to slow to 3.1% year-on-year, mainly on food and energy base effects, with core inflation seen unchanged at 3.2%. UK labour market data surprised negatively, with weaker job gains, higher unemployment and slowing wage growth.
GBP/USD
Fxstreet
Tue, Feb 17
EUR/RON: Stable band before gradual FX flexibility – ING
ING’s Frantisek Taborsky expects the National Bank of Romania to keep rates at 6.50%, with inflation still high but projected to ease mid-year.
Fxstreet
Tue, Feb 17
USD: Gradual depreciation outlook – BNP Paribas
BNP Paribas analysts expect the Dollar to weaken, with the US economy still growing above potential in 2026 and inflation overshooting target due to tariffs. Analysts project the Fed Funds target range to remain at 3.5%-3.75% through 2026.
US Dollar Index
Fxstreet
Tue, Feb 17
South Africa Unemployment Total dipped from previous 8.007M to 7.836M in 4Q
South Africa Unemployment Total dipped from previous 8.007M to 7.836M in 4Q
Fxstreet
Tue, Feb 17
South Africa Unemployment Rate (%) fell from previous 31.9% to 31.4% in 4Q
South Africa Unemployment Rate (%) fell from previous 31.9% to 31.4% in 4Q
Fxstreet
Tue, Feb 17
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