News
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BUZZ-COMMENT-US recap: EUR/USD slips as Ukraine peace hopes fade
Feb 28 (Reuters) - The dollar index rose marginally on Friday as investors pivoted toward the greenback ahead of expected U.S. tariff implementation next week, while the euro reversed an earlier gain after a press conference between the Ukrainian and U.S. presidents turned contentious.Treasury 2-yea...Reuters
Fri, Feb 28
IMF's executive board approves third review of Sri Lanka's $2.9 billion bailout
COLOMBO, Feb 28 (Reuters) - The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Friday, strengthening the South Asian economy's rebound from a financial crisis.In a statement, the global lender said it would release about $334 million to the...Reuters
Fri, Feb 28
Brazil considers cutting ethanol import tax in nod to Trump, report says
SAO PAULO, Feb 28 (Reuters) - Brazil's government is considering cutting import taxes on ethanol in a nod to U.S. President Donald Trump and as a way to help tame inflation, newspaper O Globo reported on Friday, citing sources.Brazilian Vice President Geraldo Alckmin was reportedly set to have a...Reuters
Fri, Feb 28
CANADA FX DEBT-Canadian dollar clings to monthly gain as GDP beats estimates
Loonie touches weakest since February 4Gains 0.6% in FebruaryCanadian GDP increases 2.6% in Q4Bond yields ease, tracking U.S. TreasuriesBy Fergal Smith TORONTO, Feb 28 (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Friday as investors assessed domestic data tha...Reuters
Fri, Feb 28
Fed's Goolsbee warns against over-reliance on productivity gains, Bloomberg News reports
Feb 28 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee lauded the recent increase in productivity growth, but warned that over-anticipating the positive economic effects from the growth could put the central bank in a "tough position", Bloomberg News reported on Friday. &#...Reuters
Fri, Feb 28
BUZZ-Euro in holding pattern ahead of ECB, tariff deadline
Euro closing week near the lows. Tight range = 1.0380-1.042055DMA holds so far. Clean break would see euro at risk of deeper sell-offUpcoming tariff deadline (Mar 4) for Canada/Mexico will be keyShould tariffs go ahead, may see euro at 1.03 handleECB due next week. Cut expected. Eco projections and ...Reuters
Fri, Feb 28
BUZZ-COMMENT-Yen bulls should remain cautious into March mania
Yen bulls might want to hold off on reengaging for now.Position squaring is putting pressure on the yen as concerns over U.S. tariffs push traders towards the greenback, while expectations for BOJ tightening are diminishing. Data from the close of business on Thursday shows yen near-date open intere...Reuters
Fri, Feb 28
CME Group plans to launch Solana futures on March 17
Updates with comments and details of Solana ETF filingsBy Suzanne McGee Feb 28 (Reuters) - CME Group CME.O said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.The exchange said it expects to debut two contracts, one for 500 So...Reuters
Fri, Feb 28
BUZZ-COMMENT-EUR/USD bears in control as tariff deadline looms
Feb 28 (Reuters) - The euro appears to be closing at the week around the lows as the single currency hovers around the 1.04 handle, with focus turning to next week’s March 4 tariff deadline for Canada and Mexico, which will be the key driver for FX. The rhetoric so far suggests the Trump administrat...Reuters
Fri, Feb 28
FOREX-Dollar slips after U.S. inflation, consumer spending data
Trump tariffs scheduled to start next weekBitcoin falls below $80,000 for first time this yearDollar slips after inflation, consumer spending dataUpdates to morning U.S. tradingBy Chuck Mikolajczak NEW YORK, Feb 28 (Reuters) - The U.S. dollar edged lower on Friday following two straight days ...Reuters
Fri, Feb 28
CME Group plans to launch Solana futures on March 17
By Suzanne McGeeFeb 28 (Reuters) - CME Group CME.O said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.The exchange said it expects to debut two contracts, one for 500 Solana coins and a "micro-sized" contract for 25 Sola...Reuters
Fri, Feb 28
Canada's economy posts surprise annualized fourth quarter growth of 2.6%
Consumer spending, business investments led Q4 growthStatscan revised third-quarter growth to 2.2% from 1%On a monthly basis, GDP expanded by 0.2% in DecemberJanuary's growth likely to be 0.3%, flash estimate shows Adds economist comments, context in paragraphs 13-16, photos and hyperlinksBy Pro...Reuters
Fri, Feb 28
POLL-Russia's central bank seen keeping key interest rate on hold at March meeting
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=RUGDPYAP Poll dataRussia's inflation seen at a median of 7% in 2025Russia's 2025 GDP growth seen at 1.7%Russia's central bank seen keeping rates on hold in MarchBy Elena Fabrichnaya and Gleb BryanskiMOSCOW, Feb 28 (Reu...Reuters
Fri, Feb 28
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.4414 to the greenback, or 69.38 U.S. cents, after trading in a range of 1.4404 to 1.4453.Canadian government 10-year bond yields CA10YT...Reuters
Fri, Feb 28
EUR soft but off lows – Scotiabank
Inflation data from France showed unchanged prices on the February month (versus expectations of a 0.2% rise) while German regional CPI data support forecasts for steady to slightly lower German CPI data, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Fri, Feb 28
