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FOREX-Euro hits 4-month peak, dollar soggy on German spending and tariff reprieve
Beijing's pledge of more stimulus supports yuan, AussieRisk-sensitive sterling rises to 4-month highEuro up 4% this week, set for best week in 5 yearsBy Kevin Buckland TOKYO, March 6 (Reuters) - The euro extended four-month highs to the U.S. dollar on Thursday, following a surge in European b...Reuters
Thu, Mar 6
Japanese again big buyers of foreign bonds, locking in ylds?
Japanese again big buyers of foreign bonds week-ended March 1Net Y1.5142 tln bought against sales of Y197 bln the previous weekSome investors may be locking in still high yield differentialsJapan-abroad rate diffs narrowing as of late, such flow would not surpriseSome players also buying foreign bonReuters
Thu, Mar 6
USD/JPY near year low overnight, lowest since October '24
USD/JPY to 148.40 overnight, near Tues 148.10 trough, lowest since Oct '24148.02 recorded on Oct 9, 147.35 day before on Oct 8, downtrend resuming?Asia range so far 148.74-149.01, bounce from o/n low but upside limited?Japanese importer bids eyed at Tokyo fix but exporters staked out 149.00+?USD...Reuters
Thu, Mar 6
FOREX-Euro hits four-month peak; US dollar languishes on tariff-driven fears
Euro rises to four-month high versus US dollarDollar index hits four-month lowChina announces more fiscal stimulus to boost consumptionMixed US economic data muddies outlookFocus on ECB rate policy decision on ThursdayBy Gertrude Chavez-Dreyfuss NEW YORK, March 5 (Reuters) - The euro ascended to ...Reuters
Wed, Mar 5
Australian Dollar holds gains as US Dollar remains subdued after ISM Services PMI and jobs data
The Australian Dollar (AUD) strengthened on Wednesday, with the AUD/USD pair gaining traction after the United States (US) reported mixed ISM Services PMI and softer ADP Employment Change figures.Fxstreet
Wed, Mar 5
CANADA FX DEBT-Canadian dollar gains as investors eye tariff negotiations
Canadian dollar gains 0.3% against the greenbackTrades in a range of 1.4341 to 1.4449Downturn deepens in Canada's services economyBond yields trade mixed across steeper curveBy Fergal Smith TORONTO, March 5 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday...Reuters
Wed, Mar 5
COMMENT-US recap: EUR/USD soars on German spending plan, tariff detour
March 5 (Reuters) - The euro surged higher on Wednesday, driven initially by optimism over a massive German spending proposal enhancing European growth prospects and gaining further after news of a 30-day delay in tariffs on vehicles built in North American.Markets interpreted the delay as suggestin...Reuters
Wed, Mar 5
Bank of England's Bailey urges US to step back from trade wars
Bailey calls on US to support multilateral institutionsUS withdrawal from IMF would be 'very damaging', Bailey saysMPC members stick to 'careful' and 'cautious' rate cut stancesBy David Milliken and William Schomberg LONDON, March 5 (Reuters) - Bank of England Governor And...Reuters
Wed, Mar 5
LIVE MARKETS-DataTrek still optimistic on large cap stocks
Dow up ~0.3%, S&P 500, Nasdaq edge redEnergy weakest S&P 500 sector; Materials lead gainersEuro STOXX 600 index rallies ~1%Dollar down ~1%; crude off ~4%; gold up; bitcoin up ~2%US 10-Year Treasury yield rises to ~4.26%Welcome to the home for real-time coverage of markets brought to you by R...Reuters
Wed, Mar 5
COMMENT-USD/JPY flirts with new closing low for year
Increasing pressure on the dollar will probably mean that USD/JPY rallies are unlikely to last long until the narrative changes for the greenback.The pair is poised to post a new closing low for the year as the promise of German fiscal spending boosts the euro, while slumping oil prices and falling ...Reuters
Wed, Mar 5
