News
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COMMENT-Justifying a Riksbank rate cut becomes increasingly challenging
March 6 (Reuters) - A fragile Swedish economic recovery presents a rate cut case, but the Riksbank is having to refocus its policy efforts on inflation and as such, further interest cuts are unlikely.Swedish flash inflation data for February surprised to the upside with the year-on-year CPIF measure...Reuters
Thu, Mar 6
COMMENT-NFP miss could tee up Fed cut in May, damage USD
March 6 (Reuters) - Worse than expected U.S. jobs data on Friday could raise the probability of the Federal Reserve cutting interest rates as early as May, and prompt further selling of the U.S. dollar.The Reuters poll consensus forecast for February's nonfarm payroll number is 160,000. The unem...Reuters
Thu, Mar 6
Pound Sterling holds onto gains against US Dollar as Trump tariff fears ease
The Pound Sterling (GBP) clings to gains near 1.2900 against the US Dollar (USD) in European trading hours on Thursday. The GBP/USD pair exhibits strength as the risk premium of the US Dollar has diminished significantly, with investors expecting the United States (US) President Donald Trump’s...
Fxstreet
Thu, Mar 6
FOREX-Euro holds 4-month peak ahead of ECB policy decision
Euro up more than 4% this week, set for best week in 16 yearsRisk-sensitive sterling rises to 4-month highBeijing's pledge of more stimulus supports yuan, AussieBy Yadarisa Shabong and Kevin Buckland March 6 (Reuters) - The euro held at a four-month high against the U.S. dollar on Thursday, a...Reuters
Thu, Mar 6
GBP/JPY declines to near 191.50 amid hawkish outlook for BoJ’s policy
GBP/JPY holds losses after registering gains in the previous four successive days, trading around 191.60 during the early European hours on Thursday. The decline comes as the Japanese Yen (JPY) strengthens in response to a hawkish outlook from the Bank of Japan (BoJ) on its monetary policy.
Fxstreet
Thu, Mar 6
