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Euro rallies as Germany's historic debt overhaul boosts growth outlook
SINGAPORE, March 5 (Reuters) - The euro extended its rally on Wednesday and hovered near four-month highs as Germany's proposed 500 billion euro ($531 billion) infrastructure fund boosted Europe's growth prospects despite global trade tensions worrying investors.Reuters
Wed, Mar 5
Mexico's peso edges higher in another day of volatile trading
By Libby George LONDON, March 5 (Reuters) - Mexico's peso edged higher on Wednesday, regaining more of the tariff-driven losses that had pushed the currency close to its lowest since mid-2022. The peso clawed back to 20.55 by 1205 GMT, roughly 0.4% stronger versus the dollar on the day and ed...Reuters
Wed, Mar 5
Poland could rate cuts in second half of 2025, c.banker and IMF say
WARSAW, March 5 (Reuters) - The Polish central bank's Monetary Policy Council may start thinking about easing monetary policy in the second half of 2025, central banker Ludwik Kotecki said on Wednesday, a view echoed by the International Monetary Fund.The National Bank of Poland has kept interes...Reuters
Wed, Mar 5
COMMENT-Traders take note; EUR/JPY usually does this in March
March 5 (Reuters) - The euro could make gains against the Japanese yen this month, something it has done in March in 16 of the past 25 years, or 64% of the time. However seasonality should not be considered in isolation, it needs to be combined with other factors for it to be a useful tool.EUR/JPY&#...Reuters
Wed, Mar 5
Sterling eases against the euro as eyes on Germany's debt overhaul
March 5 (Reuters) - The pound weakened against the euro on Wednesday as traders piled into the common currency after Germany's plan for a massive infrastructure fund and an easing of debt rules to boost spending, though the British currency did gain on the dollar.
ANALYSIS-Markets wrestle with Trump's unconventional debt ideas
By Davide Barbuscia NEW YORK, March 5 (Reuters) - Investors are weighing whether Donald Trump might turn to unconventional ideas to try to bring the ballooning U.S. debt under control, after the president insisted he won't cut popular health and retirement benefits.Some of Trump's adviser...Reuters
Wed, Mar 5
COMMENT-EUR/USD may be trapped on no-man's ground all year
March 5 (Reuters) - EUR/USD may be trapped on no-man's ground all year between the opposing forces of German and U.S. policies that have conspired to drive the pair back toward the centre of a range that held throughout 2023 and 2024.Where the Trump trade drove a speedy drop in the euro from 1.1...Reuters
Wed, Mar 5
FOREX-Euro rallies as Germany's historic debt overhaul boosts growth outlook
Euro strengthens on Germany's proposed infrastructure fundDollar hit a near four-month lowChina announces more fiscal stimulus to boost consumption amid trade tensionsBy Yadarisa Shabong and Rae Wee SINGAPORE, March 5 (Reuters) - The euro extended its rally on Wednesday and hovered at near fo...Reuters
Wed, Mar 5
EMERGING MARKETS-Stocks gauge up nearly 2% on China boost; focus on trade war risks
Ukraine bonds up after Trump says Ukraine ready to talkPoland, other CEE stocks reboundEM stocks index up 1.8%, FX adds 0.4% By Shashwat Chauhan March 5 (Reuters) - An index for emerging market stocks jumped on Wednesday, with Chinese shares up after Beijing set an ambitious economic growth targe...Reuters
Wed, Mar 5
