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GBP/USD rises as US Supreme Court blocks Trump tariffs
The GBP/USD edges higher over 0.23% after the US Supreme Court ruled against President Donald Trump’s tariffs enacted under a a law meant for use in national emergencies. This and a softer than expected Gross Domestic Product report in the US weighed on the Dollar.
Fxstreet
Fri, Feb 20
USD/CAD under pressure after US Supreme Court strikes down Trump’s tariffs
The Canadian Dollar (CAD) holds firm against the US Dollar (USD) on Friday as the Greenback trims earlier intraday gains after the US Supreme Court struck down President Donald Trump’s sweeping global tariffs.
Fxstreet
Fri, Feb 20
EUR/USD holds ground as weak US GDP clashes with firm inflation data
The Euro (EUR) trades little changed against the US Dollar (USD) on Friday as investors digest the latest batch of US economic data. At the time of writing, EUR/USD hovers near 1.1763, recovering modestly from an intraday low of 1.1743, but remains on track for a weekly loss.
Fxstreet
Fri, Feb 20
SEK: Soft Swedish inflation supports dovish Riksbank – Nordea
Nordea’s Torbjörn Isaksson notes that Swedish January CPIF and CPIF ex energy were confirmed at 2.0% and 1.7% respectively, with services inflation the main downside surprise. He describes the details as dovish and expects to lower the inflation path.
GBP/JPY edges higher on strong UK data, softer Japan CPI caps Yen
GBP/JPY advances on Friday, as stronger-than-expected UK economic data boosts the British Pound (GBP), while softer inflation figures from Japan weigh on the Japanese Yen (JPY). At the time of writing, the cross is hovering around 209.23, remaining confined within a little over one-week range.
Fxstreet
Fri, Feb 20
EUR/GBP weakens as robust UK data outweigh upbeat Eurozone PMI readings
EUR/GBP trades lower on Friday as solid UK Retail Sales and stronger preliminary Purchasing Managers Index (PMI) data lift the British Pound (GBP). Although the stronger-than-expected Eurozone HCOB flash PMI failed to provide meaningful support to the Euro (EUR) and kept the cross under pressure.
Fxstreet
Fri, Feb 20
USD/JPY: Policy focus tempers safe haven appeal – DBS
DBS's Chang Wei Liang note USD/JPY has moved above 155 on broad Dollar strength, even as geopolitical risks could support the Japanese Yen as a safe haven. Japan’s FY26 budget debate and Prime Minister Takaichi’s proposal to suspend the consumption tax on food are seen as key for JPY direction.Fxstreet
Fri, Feb 20
EUR/JPY climbs on Eurozone growth, easing Japanese inflation
EUR/JPY trades around 182.75 on Friday at the time of writing, up 0.13% on the day, supported by stronger-than-expected activity data from the Eurozone and a slightly softer Japanese Yen (JPY) following cooling inflation figures.
Fxstreet
Fri, Feb 20
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