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BoC: Holding bias intact with modest growth – RBC Economics
RBC Economics’ Claire Fan notes that Canadian GDP growth has softened slightly into late 2025, leading to a downgrade of Q4 growth to flat, though real per-capita GDP is still expected to improve into 2026. Trade-exposed manufacturing remains weak, but broader spillovers are limited.Fxstreet
Thu, Feb 12
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
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
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
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
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