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NZD/USD: Solid growth but limited RBNZ repricing – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes NZD/USD struggling to hold above 0.6000 as New Zealand’s ANZ business survey signals a solid GDP recovery. Despite improving activity, the RBNZ is expected to remain patient given spare capacity and a negative output gap.Fxstreet
Thu, Feb 26
EUR/USD steady as Lagarde signals inflation progress, German CPI awaited
EUR/USD trades around 1.1800 on Thursday at the time of writing, little changed on the day, after briefly reacting to the downside following comments from European Central Bank (ECB) President Christine Lagarde.
Fxstreet
Thu, Feb 26
EUR/JPY Price Forecast: Falls to near 184.00 despite positive momentum
EUR/JPY loses ground after two days of gains, trading around 184.10 during the European hours on Thursday. The technical analysis of the daily chart shows a consolidation phase as the currency cross remains within the horizontal channel.
Fxstreet
Thu, Feb 26
JPY: Rough waters with 160 in focus – ING
ING’s Francesco Pesole says recent pressure on the Japanese Yen followed concerns from PM Takaichi about further rate hikes and the appointment of perceived dovish Bank of Japan members, though ING does not see this altering gradual policy normalisation. The bank still expects a June hike to 1.0%.Fxstreet
Thu, Feb 26
Canadian Dollar holds gains above 1.3650 on lingering US tariff uncertainty
The USD/CAD pair trades on a softer note around 1.3670 during the early European session on Thursday. The US Dollar (USD) softens against the Canadian Dollar (CAD) amid lingering uncertainty over US economic policies and fresh concerns regarding potential tariff increases.
Fxstreet
Thu, Feb 26
Pound Sterling remains stronger despite BoE rate cut bets
GBP/USD remains in the positive territory for the fifth consecutive day, trading around 1.3560 during the early European hours on Thursday. The pair holds ground as the US Dollar (USD) struggles amid ongoing uncertainty over the White House’s economic policies.Fxstreet
Thu, Feb 26
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