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Canadian Dollar sinks on fresh tariff threats, date changes again
The Canadian Dollar (CAD) shed over two-thirds of a percent against the US Dollar (USD) on Thursday, falling for a fifth consecutive session and accelerating losses after US President Donald Trump renewed his threats to impose a 25% tariff on Canadian goods beginning on March 4.
Fxstreet
Thu, Feb 27
Brazilian financial institutions see increasing fiscal risks, cenbank research shows
SAO PAULO, Feb 27 (Reuters) - Brazilian financial institutions see fiscal risks gaining a larger relevance, and have shown a worsening perception of the economic cycle, according to central bank research on Thursday. More than half of the 91 financial institutions surveyed by the Brazilian central b...Reuters
Thu, Feb 27
BUZZ-COMMENT-US recap: EUR/USD slides as tariff threat boosts dollar
Feb 27 (Reuters) - The dollar index was on pace for its biggest gain since the start of the year on Thursday after U.S. President Donald Trump said proposed tariffs on Mexican and Canadian goods would go into effect on March 4 and threatened an extra 10% duty on Chinese imports. Dollar gains were pa...Reuters
Thu, Feb 27
BUZZ-Reality check for euro after latest setback
EUR/USD soft (-0.6%), retests 1.04 after multiple failures above 1.05 Fresh tariff updates provide reality check for those chasing euro gainsMarkets reminded that tariffs are overall a negative for EURPotential element of month-end at play - USD demand touted nL2N3PI0OXDespite recent euro opt...Reuters
Thu, Feb 27
Trump's cancellation of oil licenses likely to stoke Venezuela inflation
Cancellation is test economic challenge for government85% of Venezuela's income comes from crude exports, analysts sayCancellation could mean loss of up to $4.5 bln in oil income Feb 27 (Reuters) - U.S. President Donald Trump's cancellation of licenses for foreign oil companies to operate...Reuters
Thu, Feb 27
BUZZ-COMMENT-Renewed tariff uncertainty takes EUR/USD down
Feb 27 (Reuters) - Another round of tariff headlines was dictating the state of play for FX on Thursday after U.S. President Trump reiterated his threat to impose new levies next week, threatening the sanguine view that markets had adopted in recent sessions and threatening to keep EUR/USD rebounds ...Reuters
Thu, Feb 27
CANADA FX DEBT-Canadian dollar hits 3-week low as tariff reprieve hopes fade
Canadian dollar falls 0.8% against the greenbackTouches its weakest since February 4 at 1.4442Price of oil rises 2.2%Bond yields trade mixed across the curveBy Fergal Smith TORONTO, Feb 27 (Reuters) - The Canadian dollar hit a three-week low against the greenback on Thursday as U.S. President Don...Reuters
Thu, Feb 27
REFILE-BUZZ-COMMENT-USD/JPY struggles to hold 150 as tariffs sully mood
Adds charts, fixes signoffUSD/JPY bears are likely to remain in control as long as U.S. tariff threats and other uncertainties emanating from Washington D.C. unsettle markets.Yen crosses fell after U.S. President Donald Trump said in a social media post that proposed tariffs on Mexico and Canada wil...Reuters
Thu, Feb 27
FOREX-Dollar jumps on Trump tariff talk
Trump says Canada and Mexico tariffs to start in March U.S. initial jobless claims higher than expectedU.S. GDP shows growth slowed in Q4Updates to morning U.S. tradingBy Chuck Mikolajczak NEW YORK, Feb 27 (Reuters) - The dollar jumped on Thursday, on track for its biggest daily percentage gain i...Reuters
Thu, Feb 27
Brazil's current account deficit shows steep deterioration, nears lack of FDI coverage
Brazil's 12-month current account deficit almost tripled in JanuaryFDI may not cover Brazil's deficit, central bank warnsTrade surplus decline drives monthly deficit increaseAdds comment from central bank official in paragraphs 11, 12By Marcela AyresBRASILIA, Feb 27 (Reuters) - Brazil's ...Reuters
Thu, Feb 27
BoJ's Ueda: Will make policy decisions after looking at US policy impacts
Bank of Japan (BoJ) Governor Kazuo Ueda noted on Thursday that US policy uncertainty is impacting how central banks are doing their jobs, and highlighted that the BoJ will be watching data closely in the runup to possible widespread tariffs.
Fxstreet
Thu, Feb 27
CEE MARKETS-Zloty touches 10-year high as markets eye Ukraine, interest rates
Releads with zloty 10-year high PRAGUE, Feb 27 (Reuters) - The Polish zloty hit a 10-year high against the euro on Thursday on expectations that an end to the war in Ukraine could be approaching and that interest rates in central Europe's largest economy will remain high.The zloty, Hungarian ...Reuters
Thu, Feb 27
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.6% lower at C$1.4426 to the greenback, or 69.32 U.S. cents, after trading in a range of 1.4323 to 1.4434.Canadian government 10-year bond yields CA10YT=RR...Reuters
Thu, Feb 27
IMF keeps India's 'stabilised' exchange rate classification through 2024
IMF recommends greater exchange rate flexibility for IndiaIndia's GDP expected to grow at 6.5% in 2024/25 and 2025/26IMF commends India's fiscal prudence and debt target adoptionBy Swati BhatMUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's...Reuters
Thu, Feb 27
GBP: Focus on PM Starmer visit to Washington – Scotiabank
Pound Sterling (GBP) is trading marginally higher against the USD on the session but Cable remains well below yesterday’s intraday high and the lack of new factors driving UK markets this morning suggests limited scope for gains to extend, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Feb 27
EUR/USD: Gains are capped in low 1.05s – Scotiabank
The EUR remains largely range-bound in rather featureless trade.Spanish core CPI fell to 2.1% in February, the lowest since December 2021, hinting at some potential progress in Eurozone inflation, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, Feb 27
