News
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FOREX-US dollar retreats on 'tariff fatigue'; yen surges on BOJ rate hike bets
Euro gains after three straight days of lossesYen surges to 11-week highs Traders monitor geopoliticsUS jobless claims rise in latest weekPhilly Fed index drops in FebruaryRecasts, adds new comment, US data, FX table, byline, NEW YORK dateline; updates pricesBy Gertrude Chavez-Dreyfuss and Lucy Rait...Reuters
Thu, Feb 20
Bank of Mexico says it might cut interest rate by 50 basis points again
Adds details on from Banxico minutes in paragraphs 6-8By Natalia Siniawski MEXICO CITY, Feb 20 (Reuters) - The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy meetings and could "consider adjusting it in similar magnitudes&#...Reuters
Thu, Feb 20
BUZZ-COMMENT- Yen's appeal grows stronger as risk appetite falters
A fifteen-year high in JGB yields, a U.S. economic slowdown, bearish seasonals, and geopolitical discord create a challenging environment for USD/JPY bulls.On Thursday, USD/JPY hit a year-to-date low as U.S. stocks and Treasury yields declined following weak economic data and Walmart’s cautious outl...Reuters
Thu, Feb 20
Bank of Mexico says it might cut interest rate by 50 basis points again
MEXICO CITY, Feb 20 (Reuters) - The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy meetings and could "consider adjusting it in similar magnitudes" to the latest 50 basis points reduction.Reuters
Thu, Feb 20
Market jitters over trade fade as investors call 'Tariff Man' Trump's bluff
Markets show reduced sensitivity to U.S. tariff newsInvestors shift focus to Ukraine ceasefire, China tech Some fear markets are complacent By Alun John and Naomi Rovnick LONDON, Feb 20 (Reuters) - The outsized swings in markets on the back of Donald Trump's every word on tariffs just weeks a...Reuters
Thu, Feb 20
FOREX-Dollar subdued as traders weigh tariffs; yen surges on BOJ bets
Dollar eases as traders assess tariffsYen surges to two-month high Traders monitor geopoliticsUpdates latest price movesBy Lucy Raitano LONDON, Feb 20 (Reuters) - The dollar eased against a range of currencies on Thursday, as investors digested U.S. President Donald Trump's latest tariff plan...Reuters
Thu, Feb 20
BUZZ-COMMENT-Window of opportunity for EUR/USD to retest 1.05
Feb 20 (Reuters) - With a look to the upcoming flash PMIs out of the euro area, there is a window of opportunity for EUR/USD retesting 1.0500-30. ECB hawks have opened up the debate for a possible pause in rate cuts as soon as the April meeting. However, given the looming threat of tariffs, this loo...Reuters
Thu, Feb 20
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.4205 to the greenback, or 70.4 U.S. cents, after trading in a range of 1.4197 to 1.4244.Canadian government 10-year bond yields CA10Y...Reuters
Thu, Feb 20
American travellers push Swiss tourism to record numbers in 2024
recasts, adding comment, statisticsBy John RevillZURICH, Feb 20 (Reuters) - American tourists helped the Swiss hotel industry reach a record number of overnight stays in 2024, the government said on Thursday, as the stronger dollar and inflation abroad made Alpine trips more attractive.The influx of...Reuters
Thu, Feb 20
CAD lags peers and holds range – Scotiabank
The Canadian Dollar (USD) is a little firmer on the session but it is lagging its commodity peers (AUD, NZD) and the spot market is still essentially range trading and awaiting developments, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, Feb 20
U.S. Treasury's Bessent says terming out U.S. debt issuance 'long way off', Bloomberg reports
Feb 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said any move to increase the share of longer-term treasuries in government debt issuance is some way off, given hurdles including the Federal Reserve’s quantitative tightening program, Bloomberg News reported on Thursday. “That’s a long way o...Reuters
Thu, Feb 20
Sterling edges up as investors await data
LONDON, Feb 20 (Reuters) - The pound edged up on Thursday, as traders awaited UK data on consumer spending and business activity after this week's hot inflation print complicated the outlook for Bank of England monetary policy. Sterling GBP=D3 was last at $1.261, up 0.2% against the dollar by 11...Reuters
Thu, Feb 20
