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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
FOREX-Dollar draws strength from Trump's tariffs; crypto slumps
Trump's looming tariffs dominate market moodBitcoin falls below $80,000 for first time this yearDollar supported but on track for monthly lossYen set for best month since July on BOJ rate hike betsUpdates prices at midday in EuropeBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, Feb 28 (Reuters...Reuters
Fri, Feb 28
Sterling set for first monthly rise since September
By Amanda Cooper LONDON, Feb 28 (Reuters) - The pound eased on Friday as nervy investors flocked to the dollar in light of growing pessimism over the outlook for the U.S. economy as President Donald Trump's tariffs are about to come into force.That said, sterling was still heading for its fir...Reuters
Fri, Feb 28
BUZZ-COMMENT-Dollar's recovery could spill into March
Feb 28 (Reuters) - The U.S. dollar recovery at the end of February could well extend into March as a bigger reversal higher could be underway.Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies...Reuters
Fri, Feb 28
Bitcoin set for biggest weekly fall since FTX collapse in 2022
Bitcoin caught up in tech selloff on tariff and growth fearsUS crypto policy doubts and Bybit hack hurts crypto sentimentBitcoin ETFs see $2.27 billion outflows, crypto stocks declineAdds weekly milestone in first paragraph, updates prices, adds analyst quoteBy Rae Wee and Brigid Riley SINGAPORE,...Reuters
Fri, Feb 28
Pound Sterling edges higher as BoE seems to follow moderate policy-easing cycle
The Pound Sterling (GBP) ticks higher broadly against its major peers on Friday as investors expect the Bank of England’s (BoE) monetary easing cycle to be more moderate this year than other central bankers from major economies.Fxstreet
Fri, Feb 28
BUZZ-COMMENT-Growth surprise could de-rail EUR's rally versus the SEK
Feb 28 (Reuters) - A surprisingly strong upward revision to Sweden's fourth quarter growth numbers could unsettle the recent recovery and potential bull reversal in EUR/SEK.Technically, the outlook had improved for the euro as a series of trend reversal signals warned that a near month-long EUR/...Reuters
Fri, Feb 28
EMERGING MARKETS-Emerging market stocks and currencies slide as tariff deadline looms
US PCE data on the radar Czech economy expands in Q4 Turkey's GDP beats forecastsMSCI EM FX down 0.3%, stocks down 2.1% By Lisa Pauline Mattackal Feb 28 (Reuters) - Emerging market currencies and stocks tumbled on Friday on anxiety over a global trade war as investors looked ahead to next wee...Reuters
Fri, Feb 28
FOREX-Dollar draws strength from Trump's tariffs; crypto gets blasted
Trump's looming tariffs dominate market moodBitcoin falls below $80,000 for first time this yearDollar supported but on track for monthly lossYen set for best month since July on BOJ rate hike betsUpdates throughout with European price actionBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, Feb ...Reuters
Fri, Feb 28
