News
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Canada's economy posts surprise annualized fourth quarter growth of 2.6%
Consumer spending, business investments led Q4 growthStatscan revised third-quarter growth to 2.2% from 1%On a monthly basis, GDP expanded by 0.2% in DecemberJanuary's growth likely to be 0.3%, flash estimate shows Adds economist comments, context in paragraphs 13-16, photos and hyperlinksBy Pro...Reuters
Fri, Feb 28
POLL-Russia's central bank seen keeping key interest rate on hold at March meeting
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=RUGDPYAP Poll dataRussia's inflation seen at a median of 7% in 2025Russia's 2025 GDP growth seen at 1.7%Russia's central bank seen keeping rates on hold in MarchBy Elena Fabrichnaya and Gleb BryanskiMOSCOW, Feb 28 (Reu...Reuters
Fri, Feb 28
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.4414 to the greenback, or 69.38 U.S. cents, after trading in a range of 1.4404 to 1.4453.Canadian government 10-year bond yields CA10YT...Reuters
Fri, Feb 28
EUR soft but off lows – Scotiabank
Inflation data from France showed unchanged prices on the February month (versus expectations of a 0.2% rise) while German regional CPI data support forecasts for steady to slightly lower German CPI data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Fri, Feb 28
FOREX-Dollar draws strength from Trump's tariffs; crypto slumps
Trump's looming tariffs dominate market moodBitcoin falls below $80,000 for first time this yearDollar supported but on track for monthly lossYen set for best month since July on BOJ rate hike betsUpdates prices at midday in EuropeBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, Feb 28 (Reuters...Reuters
Fri, Feb 28
Sterling set for first monthly rise since September
By Amanda Cooper LONDON, Feb 28 (Reuters) - The pound eased on Friday as nervy investors flocked to the dollar in light of growing pessimism over the outlook for the U.S. economy as President Donald Trump's tariffs are about to come into force.That said, sterling was still heading for its fir...Reuters
Fri, Feb 28
BUZZ-COMMENT-Dollar's recovery could spill into March
Feb 28 (Reuters) - The U.S. dollar recovery at the end of February could well extend into March as a bigger reversal higher could be underway.Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies...Reuters
Fri, Feb 28
Bitcoin set for biggest weekly fall since FTX collapse in 2022
Bitcoin caught up in tech selloff on tariff and growth fearsUS crypto policy doubts and Bybit hack hurts crypto sentimentBitcoin ETFs see $2.27 billion outflows, crypto stocks declineAdds weekly milestone in first paragraph, updates prices, adds analyst quoteBy Rae Wee and Brigid Riley SINGAPORE,...Reuters
Fri, Feb 28
