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FOREX-Dollar jumps as consumer prices rise more than expected
Consumer prices rise more than economists expectedFed seen cutting rates only one time this yearUS President Trump vows to impose tariffsUpdated early New York morningBy Karen Brettell NEW YORK, Feb 12 (Reuters) - The U.S. dollar jumped on Wednesday after data showed that consumer prices rose mor...Reuters
Wed, Feb 12
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% lower at C$1.4329 to the greenback, or 69.79 U.S. cents, after trading in a range of 1.428 to 1.4339.Canadian government 10-year bond yields CA10YT=RR...Reuters
Wed, Feb 12
FOREX-Dollar jumps as consumer prices rise more than expected
Updated in early New York morning time NEW YORK, Feb 12 (Reuters) - The U.S. dollar jumped on Wednesday after data showed that consumer prices rose more than economists expected in January, raising the likelihood that the Federal Reserve will hold interest rates higher for longer as it battles to...Reuters
Wed, Feb 12
EUR/GBP to trade at 0.8150 in the end of the year – Rabobank
While the UK’s growth outlook has suffered a significant setback relative to the more optimistic tone that was prevalent in the market after last July’s general election, the EUR also faces headwinds of its own, Rabobank's FX analyst Jane Foley notes.
Fxstreet
Wed, Feb 12
FOREX-Dollar steady before US CPI, yen weak
Dollar steady as traders await US inflation dataFed Chair Powell sees no rush to cut interest ratesYen retreats below 200-DMAUpdates pricesBy Samuel Indyk and Tom Westbrook LONDON, Feb 12 (Reuters) - The dollar held mostly steady against other major currencies on Wednesday as traders awaited U.S....Reuters
Wed, Feb 12
Sterling steady ahead of U.S. data, tariff updates
By Samuel Indyk LONDON, Feb 12 (Reuters) - The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S. inflation data, while uncertainty stemming from U.S. President Donald Trump's trade policy continued to keep investors on edge. Sterling was...Reuters
Wed, Feb 12
BUZZ-COMMENT-FX traders should beware USD/JPY's upside is limited
Feb 12 (Reuters) - FX traders should beware that USD/JPY's latest recovery attempts this week will likely run out of steam due to solid technical resistance that will prove hard to crack.The dollar held mostly steady against other major currencies on Wednesday as traders awaited U.S. inflation d...Reuters
Wed, Feb 12
BUZZ-COMMENT-High for longer US rate outlook favours unfancied dollar
Feb 12 (Reuters) - The U.S. interest rate is seen little changed from the current mid-point of the 4.25-4.5% target range both this year and next, providing support for the dollar that relatively few traders and investors have been prepared to buy.Futures suggest the U.S. interest rate won't dro...Reuters
Wed, Feb 12
How Argentina took a chainsaw to government, a year before Elon Musk's DOGE
Argentina is slashing regulation, reducing size of stateModel offers lessons for Elon Musk's Department of Government Efficiency in the U.S.Under Milei, number of ministries halved, state workers fell 10% in 2024Rent controls, export taxes among areas targeted by new ministryBy Lucinda Elliott ...Reuters
Wed, Feb 12
