News
Important Only
Sterling edges up after jump in UK inflation
LONDON, Feb 19 (Reuters) - The pound edged up on Wednesday, after data showed UK consumer inflation rose faster than expected in January, weakening the case for the Bank of England to deliver another two rate cuts this year.The Office for National Statistics said its consumer price index rose at an ...Reuters
Wed, Feb 19
USD/CHF softens below 0.9050 as traders await FOMC Minutes
USD/CHF weakens to around 0.9030 in Wednesday’s early European. Global geopolitical stress boosts the safe-haven flows, supporting the CHF. Fed’s Daly said the central bank should keep short-term borrowing costs where they are until the progress is more visible.
Fxstreet
Wed, Feb 19
FOREX-Dollar firm on Ukraine tensions, kiwi bounces as RBNZ signals slower easing pace
New Zealand dollar reverses losses as RBNZ signals slower rate reduction paceUS dollar bolstered by tariff, Ukraine concerns Yen firm as BOJ board member remarks support rate hike bets Updates for the Asian afternoonBy Brigid Riley TOKYO, Feb 19 (Reuters) - The U.S. dollar steadied on Wednesday a...Reuters
Wed, Feb 19
BRIEF-Coinbase Says Aware That Some Users May Be Experiencing Delayed Sends And Receives On Ethereum Network
Feb 18 (Reuters) - Coinbase Global Inc COIN.O:COINBASE GLOBAL INC- AWARE THAT SOME USERS MAY BE EXPERIENCING DELAYED SENDS AND RECEIVES ON ETHEREUM NETWORKSource: https://tinyurl.com/yhruurfsFurther company coverage: COIN.OReuters
Wed, Feb 19
NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
RBNZ's cut reinforces dovish stance, contrasting with cautious RBA, FedGovernor flags 25-bps cuts in April, May amid moderating inflationEconomy struggles with recession, inflation volatility anticipatedRBNZ says global tariff uncertainty poses economic risksUpdates with comments from RBNZ gover...Reuters
Wed, Feb 19
China's yuan slips on rising dollar buying interest, trade uncertainty weighs on sentiment
China's yuan slipped against the dollar on Wednesday, dragged lower by rising buying interest in the greenback while investors remained cautious trade relations between the world's two largest economies.
Reuters
Wed, Feb 19
Japanese Yen remains on the back foot amid a positive risk tone; downside seems limited
The Japanese Yen attracts sellers for the second straight day due to a positive risk tone. Bets for more interest rate hikes by the BoJ should help limit deeper losses for the JPY. The divergent BoJ-Fed expectations should contribute to capping gains for USD/JPY.Fxstreet
Wed, Feb 19
Australian Dollar loses ground following fresh Trump tariff threats
The Australian Dollar declines as market sentiment deteriorates amid fresh tariff threats from US President Donald Trump. Australia's Wage Price Index increased by 0.7% QoQ in Q4 2024, missing the expected 0.8% rise. Hawkish remarks from Federal Reserve officials bolster the US Dollar.
Fxstreet
Wed, Feb 19
FOREX-Dollar firms on Ukraine tensions, kiwi slumps as RBNZ slashes rates
New Zealand dollar slides as RBNZ cuts ratesUS dollar bolstered by tariff, Ukraine concerns but near lowEuro under some pressure as market assesses US-Europe divisionsUpdates with RBNZ decision, market reactionBy Brigid Riley TOKYO, Feb 19 (Reuters) - The U.S. dollar held firm on Wednesday on the...Reuters
Wed, Feb 19
