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BUZZ-COMMENT-Sterling down but not out as UK inflation, growth hint at further gains
GBP/USD is down Friday, but remains resilient, as recent price action and economic data have weakened dovish BoE rate expectations. This keeps sterling on track for its November 2024 highs above 1.30, assuming steady inflation and growth in the U.S. and UK remain constant.The pound reached a new 202...Reuters
Fri, Feb 21
EXCLUSIVE-Russia could concede $300 billion in frozen assets as part of Ukraine war settlement, sources say
Adds new headlineRussia may concede frozen assets for Ukraine reconstruction, sources sayRussia will demand some of the funds for territories it controls, sources saysUS and Russian officials met in Riyadh, not clear if frozen funds discussed MOSCOW, Feb 21 (Reuters) - Russia could agree to using...Reuters
Fri, Feb 21
EXCLUSIVE-Russia could concede $300 bln frozen assets as part of Ukraine war settlement, sources say
Russia may concede frozen assets for Ukraine reconstruction, sources sayRussia will demand some of the funds for territories it controls, sources saysUS and Russian officials met in Riyadh, not clear if frozen funds discussed MOSCOW, Feb 21 (Reuters) - Russia could agree to using $300 billion of ...Reuters
Fri, Feb 21
FOREX-Dollar skims 2025 lows as bulls retreat; yen yoyos
Yen breaks below 150 on Japan CPI before retreating Euro sags after French, German PMIsSterling at two-month highs after UK retail salesUpdates with midday European pricesBy Amanda Cooper LONDON, Feb 21 (Reuters) - The dollar headed for a third straight weekly drop on Friday as traders reasoned t...Reuters
Fri, Feb 21
India's rate panel shifts focus to growth as inflation seen easing, minutes show
By Swati Bhat MUMBAI, Feb 21 (Reuters) - India's inflation is seen aligning with the target of 4%, which opens up space for monetary policy to address concerns on the growth front, members of the rate-setting committee said in the minutes of the latest meeting released on Friday.Earlier in Fe...Reuters
Fri, Feb 21
India's forex reserves snap 3-week gaining streak
Updates with details throughout, adds milestoneFeb 21 (Reuters) - India's foreign exchange reserves INFXR=ECI snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming off over one-month highs, data released by the central bank on Friday showed.The reserves fell by...Reuters
Fri, Feb 21
Sterling stalls at two-month highs after PMI, retail sales
Updates with monthly PMI dataBy Amanda Cooper LONDON, Feb 21 (Reuters) - The pound traded around two month-highs on Friday after data showed UK consumer spending picked up much more sharply than expected in January, while a separate survey of business activity showed British companies are rapidly...Reuters
Fri, Feb 21
