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CANADA FX DEBT-Canadian dollar steadies near 2-week low as tariff deadline draws closer
Loonie touches its weakest level since February 10Price of US oil falls 0.6%Bond yields rise across the curveBy Fergal Smith TORONTO, Feb 26 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Wednesday, holding near an earlier two-week low, as an approaching deadline for U.S...Reuters
Wed, Feb 26
UK's Reeves says trade with US can flow amid Trump tariff threats
Reeves confident US-UK trade and investment can grow under TrumpUK public services must live with budgets set in OctoberTrade not aid best approach for South AfricaAdds Reeves' comments on South Africa relations, G20 future in paragraphs 12-15By Andy Bruce CAPE TOWN, Feb 26 (Reuters) - Britis...Reuters
Wed, Feb 26
BUZZ-COMMENT-EUR/USD anchored to 1.05 with Nvidia seen as US exceptionalism update
Feb 26 (Reuters) - A tepid session for EUR/USD with the pair anchored to the 1.05 handle, though traders' ongoing reluctance to chase the pair higher means that the 100-day MA at 1.0528 may continue to keep a lid on the single currency.The recent narrative on whether the U.S. exceptionalism trad...Reuters
Wed, Feb 26
BoE's Dhingra: Monetary policy alone is not well-suited to dealing with price shocks
Bank of England (BoE) Monetary Policy Committee Member Swati Dhingra noted on Wednesday that there is only so much central bank policy can do in the face of trade-based supply shocks in order to keep prices stable.
Fxstreet
Wed, Feb 26
'Orderly' trade fragmentation might not require BoE action, MPC's Dhingra says
LONDON, Feb 26 (Reuters) - The Bank of England may not need to take action if a fragmentation in global trade caused by potential U.S. trade tariffs and other countries' retaliation is "orderly", BoE policymaker Swati Dhingra said on Wednesday.Dhingra, in a speech delivered to the Nation...Reuters
Wed, Feb 26
GBP/USD climbs to fresh 10-week highs on Wednesday
GBP/USD coasted into a fresh 10-week high on Wednesday, clipping the 1.2700 handle for the first time since mid-December as hopeful bulls bid Cable higher for no other reason than there doesn't seem to be any bad news on the horizon, at least for now.Fxstreet
Wed, Feb 26
BUZZ-COMMENT-USD/JPY bears may look to Fed as next catalyst
Yen bulls have gotten most of what they can from the recent move lower in USD/JPY without a new catalyst, and, given rising apprehension about a potential U.S. growth slowdown, it will probably take a shift in Fed expectations to provide new impetus. Currently, markets see an 80% chance of a 25 basi...Reuters
Wed, Feb 26
FOREX-US dollar rises as Treasury yields stabilize amid economic concerns
Dollar up in three of past four sessionsInvestors gauge policy uncertainty, US economyMarkets price more than two 25 bps Fed rate cuts in 2025Yen retreats from highest since OctoberUpdates to morning U.S. tradingBy Chuck Mikolajczak NEW YORK, Feb 26 (Reuters) - The U.S. dollar rose on Wednesday t...Reuters
Wed, Feb 26
UK's Reeves says trade with US can flow amid Trump trade threats
By Andy BruceCAPE TOWN, Feb 26 (Reuters) - British finance minister Rachel Reeves said on Wednesday she was confident that U.S.-UK trade and investment would not be derailed as President Donald Trump threatens to retaliate against what he sees as barriers to U.S. exports.Prime Minister Keir Starmer ...Reuters
Wed, Feb 26
REFILE-BUZZ-EUR/USD-Traders remain reluctant to chase higher
Add link to Nvidia previewModest dollar reprieve takes EUR/USD back below 1.05Traders remain reluctant to chasing the pair higher as 100DMA (1.0528) capsAs previously noted, short-term flows favour the dollar nL2N3PG0S6While recent moves in tariff sensitive FX (CAD) suggest concerns remainEyes on Nv...Reuters
Wed, Feb 26
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% lower at C$1.4352 to the greenback, or 69.68 U.S. cents, after trading in a range of 1.4295 to 1.4357.Canadian government 10-year bond yields CA10YT=R...Reuters
Wed, Feb 26
FOREX-Dollar edges up from 11-week low amid soft U.S. data, tariff uncertainty
Dollar up after recent lows on the back of US Treasury yieldsInvestors worried about policy uncertainty, US economyMarkets price more than two 25 bps Fed rate cuts in 2025Yen retreats from highest since OctoberAdds comments, backgroundBy Stefano Rebaudo Feb 26 (Reuters) - The U.S. dollar edged up...Reuters
Wed, Feb 26
BUZZ-COMMENT-Special relationship? Starmer-Trump meet looms over GBP
Feb 26 (Reuters) - The "special relationship" between Britain and the United States will be under scrutiny when British Prime Minister Keir Starmer meets U.S. President Donald Trump in Washington on Thursday, with potential consequences for sterling. If the meeting goes well, the pound might...Reuters
Wed, Feb 26
