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Mexican telecoms giant America Movil's profit slides on FX losses
Updates with details from earnings statement in paragraphs 1-3 and 8-9By Sarah MorlandMEXICO CITY, Feb 11 (Reuters) - Mexican telecommunications giant America Movil AMXB.MX on Tuesday reported a 48% fall in its fourth-quarter net profit, well below analysts' expectations, with the company citing...Reuters
Tue, Feb 11
CANADA FX DEBT-Canadian dollar gains as investors shrug off new tariff threat
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.4280 to 1.4345Price of U.S. oil settles 1.4% higher10-year yield rises to one-week highBy Fergal Smith TORONTO, Feb 11 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday as oil prices rose and...Reuters
Tue, Feb 11
FOREX-Dollar falls as tariff concerns ease, Fed's Powell stays patient on rate cuts
Dollar down on the dayFed's Powell in no rush to cut rates againTariff concerns ease, but remain key focusUpdated in mid afternoon New York timeBy Karen Brettell Feb 11 (Reuters) - The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome Powell said the U.S. central bank was in no rush...Reuters
Tue, Feb 11
BUZZ-COMMENT-US recap: EUR/USD gains as tariff worries are sidelined
Feb 11 (Reuters) - The dollar traded mixed on Tuesday as Treasury yields firmed following Monday’s announcement of U.S. metal tariffs and Fed Chair Jerome Powell affirmed in Senate testimony that the U.S. central bank is in no rush to cut its short-term interest rate again.Powell said that the econo...Reuters
Tue, Feb 11
BUZZ-COMMENT-Tariffs, Powell may fall down list of EUR/USD priorities
Feb 11 (Reuters) - EUR/USD's ability to trade near the midpoint of its broader 1.0150-1.0550 range, in place since December, suggests investors may be shifting attention away from tariff and Fed risk and toward U.S. inflation and sales data to determine the next move.The dollar's gains follo...Reuters
Tue, Feb 11
BUZZ-COMMENT-Dollar path remains higher in lead up to CPI
Feb 11 (Reuters) - Despite the dollar trading marginally softer, downside is likely limited ahead of the January CPI print. As previously highlighted, risks to the data lean in favour of a topside surprise. In turn, risk-reward looks unfavourable for dollar shorts heading into the data. Alongside th...Reuters
Tue, Feb 11
BUZZ-COMMENT-Yen deflated by elevated inflation concern
The yen is likely to decline further as inflation concerns push global bond yields higher.Yields have risen following an executive order from U.S. President Donald Trump imposing 25% tariffs on steel and aluminum. Base metal prices are struggling due to slow growth in China and a strong USD though b...Reuters
Tue, Feb 11
Almost a third of central banks delaying digital currency plans, report shows
Vast majority of central banks are working on CBDCsNearly a third have delayed timeline due to issuesMaintaining currency sovereignty remains key driverBy Marc Jones LONDON, Feb 11 (Reuters) - Nearly a third of central banks have pushed back launching digital versions of their currencies, a new s...Reuters
Tue, Feb 11
FOREX-Dollar holds onto losses as Fed's Powell stays patient on rate cuts
Dollar holds onto mild losses on the dayFed's Powell in no rush to cut rates againTraders focused on tariffs, fear trade warUpdated in New York morning timeBy Karen Brettell Feb 11 (Reuters) - The U.S. dollar held onto earlier losses on Tuesday after Federal Reserve Chair Jerome Powell said t...Reuters
Tue, Feb 11
Swedish Riksbank's Seim says interest rate consistent with inflation target
Adds quotes in paragraph 2-3COPENHAGEN, Feb 11 (Reuters) - The Swedish central bank's interest rate now appears consistent with inflation at target level in the short and long term, making monetary policy well positioned to manage future challenges, Riksbank Deputy Governor Anna Seim said on Tue...Reuters
Tue, Feb 11
Swedish Riksbank's Seim says interest rate consistent with inflation target
COPENHAGEN, Feb 11 (Reuters) - The Swedish central bank's interest rate now appears consistent with inflation at target level in the short and long term, making monetary policy well positioned to manage future challenges, Riksbank Deputy Governor Anna Seim said on Tuesday.Reuters
Tue, Feb 11
