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Canada's Telesat Q4 revenue falls 26% on DTH, enterprise weakness
OverviewCanada satellite operator's Q4 revenue declined 26% yr/yr due to DTH and enterprise segment weaknessQ4 adjusted EBITDA fell 46% yr/yr, reflecting lower revenue and debt refinancing-related costsCompany posted narrower net loss of C$433 mln due to foreign exchange gainsOutlookTelesat expe...Reuters
Tue, Mar 17
EUR/USD Price Forecast: Struggles to extend recovery above 1.1530
The EUR/USD pair holds onto Monday’s gains slightly above 1.1500 during the European trading session on Tuesday. The major currency pair trades firmly as the US Dollar (USD) has come under pressure ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Fxstreet
Tue, Mar 17
Sterling edges up versus dollar before BoE policy meeting
By Stefano Rebaudo March 17 (Reuters) - Sterling ticked higher against the U.S. dollar as investors waited for a heavy slate of central bank meetings, including the Bank of England.The greenback climbed sharply during the Middle East conflict as investors sought safe-haven assets, while other cur...Reuters
Tue, Mar 17
EMERGING MARKETS-EM equities advance as markets watch central bank meetings, Iran war developments
Stocks gain 1%, FX rises 0.3%Asian markets drive gains on AI-driven optimismJPMorgan downgrades Greece to neutral from overweightIndonesia's central bank keeps rates steady as widely expectedBy Twesha Dikshit March 17 (Reuters) - Emerging market stocks advanced on Tuesday, led by Asian market...Reuters
Tue, Mar 17
AUD/USD: RBA hikes keep Aussie supported – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that the RBA delivered a second consecutive 25 bps hike to 4.10%, now the highest policy rate among G10 central banks, and that Australian Dollar gains versus the US Dollar were initially strong but faded.Fxstreet
Tue, Mar 17
FOREX-Dollar struggles for direction as focus shifts to central bank response
Markets await central bank clues on rate outlookInvestors wonder whether a new monetary tightening cycle is on the horizonBarclays sees dollar/yen testing 160/161 if the BoJ delivers a dovish outcomeBy Stefano Rebaudo March 17 (Reuters) - The U.S. dollar lacked a clear direction on Tuesday as inv...Reuters
Tue, Mar 17
USD/CAD Price Forecast: Consolidates around 1.3700 as focus shifts to Fed-BoC policy
The USD/CAD pair trades in a tight range around 1.3700 during the European trading session on Tuesday. The Loonie pair consolidates as investors await monetary policy announcements by the Bank of Canada (BoC) and the Federal Reserve (Fed) on Wednesday.
Fxstreet
Tue, Mar 17
