News
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Japanese Yen builds on upbeat GDP-inspired gains; USD/JPY slides further below 152.00
The Japanese Yen (JPY) strengthened across the board following the release of a strong Gross Domestic Product (GDP) report, which showed that Japan’s economic growth blew past expectations in the fourth quarter.
Fxstreet
Mon, Feb 17
Australian Dollar appreciates due to improved market sentiment
The Australian Dollar (AUD) continues its upward momentum against the US Dollar (USD) for the third straight day on Monday, supported by US President Donald Trump's decision to delay the implementation of reciprocal tariffs.
Fxstreet
Mon, Feb 17
EUR/USD trades below 1.0500 after pausing winning streak
EUR/USD remains subdued despite a positive market mood. A weaker US retail sales report has fueled speculation that the Fed could cut interest rates later this year. The EUR/USD pair could further rise if a Ukraine ceasefire is reached and gas supplies resume.
Fxstreet
Mon, Feb 17
WEEKAHEAD-India rupee to take cues from dollar path, tariff reaction; bonds to eye liquidity moves
By Dharamraj Dhutia and Nimesh Vora MUMBAI, Feb 17 (Reuters) - The Indian rupee's direction this week will be shaped by the dollar's reaction to its recent correction and whether worries over U.S. tariffs continue to subside, while the bond market will be on watch for any further liquidi...Reuters
Mon, Feb 17
FOREX-Yen gains; Aussie, kiwi steady before rate decisions
Yen rises on better-than-expected Q4 GDP dataDollar broadly on the back footRBA, RBNZ expected to deliver rate cuts this weekBy Rae Wee SINGAPORE, Feb 17 (Reuters) - The yen rose on Monday in a boost from upbeat Japanese GDP data, while the Australian and New Zealand dollars held broadly steady ...Reuters
Mon, Feb 17
BUZZ-COMMENT-RBNZ to cut 50 bps Wednesday amid growth concerns
Feb 17 (Reuters) - The Reserve Bank of New Zealand is expected to cut its official cash rate (OCR) by 50 basis points to 3.75% on Wednesday. The RBNZ has eased by 125 bps since August, aiming to support a sluggish economy and curb rising unemployment. RBNZ Governor Adrian Orr has signalled a 50 ...Reuters
Mon, Feb 17
China’s central bank says the yuan could save global economy
People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at the AlUla Conference for Emerging Market Economies in Saudi Arabia that while other currencies are crumbling against the rising U.S. dollar, the yuan has stayed steady.Cryptopolitan
Mon, Feb 17
BUZZ-COMMENT-RBA rate decision: 25bp cut with a hawkish tone?
Feb 17 (Reuters) - The Reserve Bank of Australia will announce its rate decision on Tuesday, with a 25 basis point cut to the official cash rate (OCR) - which has been steady at 4.35% since November 2023 - widely expected. The case for easing isn't, however, bulletproof, and if the RBA does cut,...Reuters
Mon, Feb 17
BUZZ-Week Ahead-Key data, RBA and RBNZ decisions, Trump dominate
Feb 17 (Reuters) - The week ahead features significant global economic data, and rate decisions in Australia and New Zealand, while U.S. President Donald Trump is expected to continue making waves with his policy plans.U.S. markets are closed on Monday for Washington's Birthday. The Federal Rese...Reuters
Sun, Feb 16
S.Korea industry and trade ministers to visit US seeking cooperation
SEOUL, Feb 16 (Reuters) - South Korea's industry and trade ministers plan to travel to the United States as early as possible to discuss cooperation, the government said in a statement. Acting President Choi Sang-mok asked business leaders who will visit the United States this week to find oppor...Reuters
Sun, Feb 16
