News
Important Only
Sterling edges lower versus dollar, eyes on military spending
By Stefano Rebaudo Feb 26 (Reuters) - Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government's pledge to increase military spending.The U.S. dollar edged up from its 11-week low on Wednesday as U.S. Treasury yields bounced back a...Reuters
Wed, Feb 26
EUR/USD declines as US House of Representatives passes Trump’s tax cut plan
EUR/USD continues to face selling pressure above the psychological level of 1.0500 in Wednesday’s European session. The major currency pair falls due to a strong recovery in the US Dollar (USD). The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, recovers shar
Fxstreet
Wed, Feb 26
FOREX-US dollar lifts from 11-week low amid soft economic data, tariff worries
Dollar up 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 OctoberRecasts, adds comments, backgroundBy Stefano Rebaudo and Kevin Buckland Feb 26 (Reuters) - The U.S. dolla...Reuters
Wed, Feb 26
Pound Sterling weakens against US Dollar as Trump’s tax agenda advances
The Pound Sterling (GBP) declines to near 1.2640 against the US Dollar (USD) in European trading hours on Wednesday. The GBP/USD pair faces selling pressure as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, has shown a strong recovery move...
Fxstreet
Wed, Feb 26
USD/CHF strengthens to near 0.8950 despite weak US economic data, tariff worries
The USD/CHF pair edges higher to near 0.8950, snapping the four-day losing streak on Wednesday during the early European trading hours. The US Dollar (USD) recovers from an 11-week low despite weak US economic data and tariff worries from US President Donald Trump.Fxstreet
Wed, Feb 26
BUZZ-COMMENT-U.S. dollar much safer than it was
Feb 26 (Reuters) - The U.S. dollar is much safer than it was when a huge amount of money was invested in it in 2022. That resulted in a sharp but ultimately minor correction that laid the foundation for a resumption of the dollar's long-term appreciation.The rise which has seen the greenback rea...Reuters
Wed, Feb 26
US dollar lifts from 11-week low despite soft economic data, tariff worries
TOKYO, Feb 26 (Reuters) - The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields even as a run of weak economic data weighed on investor sentiment. The Canadian dollar slipped to a two-week low and the Mexican peso was weaker...Reuters
Wed, Feb 26
