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FOREX-Euro firms on Ukraine hopes, Trump knocks Mexican peso and Canadian dollar
Investors closely monitor peace talks for UkraineCryptocurrencies climb on Trump reserve statementCanadian, Mexican currencies rise before tariff decisionUpdates top three paragraphs with latest on tariffs, adds strategist commentBy Alden Bentley and Stefano Rebaudo NEW YORK/MILAN March 3 (Reuter...Reuters
Mon, Mar 3
CANADA FX DEBT-Canadian dollar hits one-month low as tariff deadline confirmed
Updates for market activity and analyst quote in paragraph 3Canadian dollar weakens 0.5% against the greenbackTouches a one-month low at 1.4541Price of oil settles nearly 2% lower2-year yield falls 8 basis pointsBy Fergal Smith TORONTO, March 3 (Reuters) - The Canadian dollar weakened to a one-mo...Reuters
Mon, Mar 3
CANADA FX DEBT-Canadian dollar pares gains ahead of US tariff decision
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.4370 to 1.4466Price of oil settles nearly 2% lower10-year yield touches a 5-1/2-month lowBy Fergal Smith TORONTO, March 3 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Monday but gave back much o...Reuters
Mon, Mar 3
BUZZ-COMMENT-US recap: EUR/USD receives defense spending bounce
March 3 (Reuters) - The euro surged against a broadly weaker dollar on Monday after European leaders agreed to draft a Ukraine peace plan for U.S. consideration and acknowledged the need to increase defense spending.The dollar declined along with Treasury yields following an ISM survey that suggeste...Reuters
Mon, Mar 3
FOREX-Euro firms with focus on Ukraine talks and US tariffs
Investors closely monitor peace talks for UkraineCryptocurrencies climb on Trump reserve statementCanadian, Mexican currencies rise before tariff decisionUpdates for U.S. midmorning tradeBy Alden Bentley and Stefano Rebaudo NEW YORK/MILAN March 3 (Reuters) - The euro rebounded on Monday as hopes ...Reuters
Mon, Mar 3
BUZZ-COMMENT-What's the yen got going for it?
Yen bulls are likely to remain optimistic as long as the currency offers a haven for investors worried about the potential for U.S. growth to deteriorate.USD/JPY and Treasury yields have dipped following an ISM report indicating stagnation in the U.S. manufacturing sector, reaffirming the yen' s...Reuters
Mon, Mar 3
BUZZ-COMMENT-Withering US exceptionalism may send EUR/USD above 1.0800
March 3 (Reuters) - EUR/USD hit a 3-session high Monday and a rally above 1.0800 may be on the cards as investors appear to be bracing for weaker U.S. growth.Above estimate February China Caixin manufacturing PMI and upwardly revised February euro zone HCOB manufacturing PMI eased some concerns of s...Reuters
Mon, Mar 3
Analysts cut Mexico's 2025 growth forecast to below 1%
MEXICO CITY, March 3 (Reuters) - Private sector analysts expect the Mexican economy to grow just 0.81% this year, a drop from their January forecast of 1.00%, a Mexican central bank survey showed on Monday. Analysts largely held their inflation forecasts, but saw Mexico's benchmark interest rate...Reuters
Mon, Mar 3
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.4% higher at C$1.441 to the greenback, or 69.4 U.S. cents, after trading in a range of 1.4401 to 1.4466.Canadian government 10-year bond yields CA10YT=R...Reuters
Mon, Mar 3
