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CEE MARKETS-Zloty touches 10-year high as markets eye Ukraine, interest rates
Releads with zloty 10-year high PRAGUE, Feb 27 (Reuters) - The Polish zloty hit a 10-year high against the euro on Thursday on expectations that an end to the war in Ukraine could be approaching and that interest rates in central Europe's largest economy will remain high.The zloty, Hungarian ...Reuters
Thu, Feb 27
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.6% lower at C$1.4426 to the greenback, or 69.32 U.S. cents, after trading in a range of 1.4323 to 1.4434.Canadian government 10-year bond yields CA10YT=RR...Reuters
Thu, Feb 27
IMF keeps India's 'stabilised' exchange rate classification through 2024
IMF recommends greater exchange rate flexibility for IndiaIndia's GDP expected to grow at 6.5% in 2024/25 and 2025/26IMF commends India's fiscal prudence and debt target adoptionBy Swati BhatMUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's...Reuters
Thu, Feb 27
GBP: Focus on PM Starmer visit to Washington – Scotiabank
Pound Sterling (GBP) is trading marginally higher against the USD on the session but Cable remains well below yesterday’s intraday high and the lack of new factors driving UK markets this morning suggests limited scope for gains to extend, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Feb 27
EUR/USD: Gains are capped in low 1.05s – Scotiabank
The EUR remains largely range-bound in rather featureless trade.Spanish core CPI fell to 2.1% in February, the lowest since December 2021, hinting at some potential progress in Eurozone inflation, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Feb 27
Brazil's current account deficit deteriorates more-than-expected in January
Corrects headline and paragraph 1 to larger, not narrower than expected deficitBRASILIA, Feb 27 (Reuters) - Brazil's current account deficit in January came in slightly larger than expected, marking a sharp deterioration from the same month last year amid a shrinking trade surplus, central bank ...Reuters
Thu, Feb 27
Dollar up; Trump's mixed tariff messaging stirs uncertainty
The U.S. dollar firmed for a second day on Thursday, but was still close to an 11-week trough as vague pledges from U.S. President Donald Trump to impose tariffs on Europe and further delay levies planned for Canada and Mexico stoked uncertainty.
BUZZ-COMMENT-Swedish Crown's wind of change: opportunity or setback?
Feb 27 (Reuters) - A change in EUR/SEK direction is underway and while the technical picture hints at a trend reversal there remain arguments for a resumption of the Swedish crown rally.For much of February EUR/SEK has been pushed lower but recent sessions have seen loss consolidation turn into gain...Reuters
Thu, Feb 27
USD/CAD flattens while Trump postpones tariff plans for Canada and Mexico again
The USD/CAD pair trades flat around 1.4335 in European trading hours on Thursday. The Loonie pair consolidates as the impact of steadiness in the US Dollar (USD) has been offset by the upbeat Canadian Dollar (CAD).Fxstreet
Thu, Feb 27
Brazil posts $8.655 billion current account deficit in January
BRASILIA, Feb 27 (Reuters) - Brazil posted a current account deficit of $8.655 billion in January, the central bank said on Thursday, while economists polled by Reuteres were expecting a $8.3 billion shortfall. Foreign direct investment for the month totaled $6.501 billion, in line with the $6.55 b...Reuters
Thu, Feb 27
Sterling steady as Trump threatens EU with tariffs
By Samuel Indyk LONDON, Feb 27(Reuters) - The British pound was little changed against the dollar on Thursday, trading just below a more than two-month high hit the previous day, as U.S. President Donald Trump's tariff threats turn towards the European Union. Sterling GBP=D3 was last at $1.26...Reuters
Thu, Feb 27
BUZZ-COMMENT-Technical signal hints at a major dollar reversal ahead
Feb 27 (Reuters) - The U.S. dollar decline since early February has paused and instead a technical signal hints that it could be on the verge of a reversal higher in the days and weeks ahead.The dollar firmed for a second day on Thursday, but was still close to an 11-week trough as vague pledges fro...Reuters
Thu, Feb 27
