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FOREX-US dollar lifts from 11-week low amid soft economic data, tariff worries
Dollar up on the back of US Treasury yieldsInvestors worried about policy uncertainty, US economyMarkets price more than two 25 bps Fed rate cuts in 2025Yen retreats from highest since OctoberRecasts, adds comments, backgroundBy Stefano Rebaudo and Kevin Buckland Feb 26 (Reuters) - The U.S. dolla...Reuters
Wed, Feb 26
Pound Sterling weakens against US Dollar as Trump’s tax agenda advances
The Pound Sterling (GBP) declines to near 1.2640 against the US Dollar (USD) in European trading hours on Wednesday. The GBP/USD pair faces selling pressure as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, has shown a strong recovery move...
Fxstreet
Wed, Feb 26
USD/CHF strengthens to near 0.8950 despite weak US economic data, tariff worries
The USD/CHF pair edges higher to near 0.8950, snapping the four-day losing streak on Wednesday during the early European trading hours. The US Dollar (USD) recovers from an 11-week low despite weak US economic data and tariff worries from US President Donald Trump.Fxstreet
Wed, Feb 26
BUZZ-COMMENT-U.S. dollar much safer than it was
Feb 26 (Reuters) - The U.S. dollar is much safer than it was when a huge amount of money was invested in it in 2022. That resulted in a sharp but ultimately minor correction that laid the foundation for a resumption of the dollar's long-term appreciation.The rise which has seen the greenback rea...Reuters
Wed, Feb 26
US dollar lifts from 11-week low despite soft economic data, tariff worries
TOKYO, Feb 26 (Reuters) - The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields even as a run of weak economic data weighed on investor sentiment. The Canadian dollar slipped to a two-week low and the Mexican peso was weaker...Reuters
Wed, Feb 26
Australian dollar finds support, inflation continues to cool
By Wayne Cole SYDNEY, Feb 26 (Reuters) - The Australian dollar held its nerve on Wednesday as worries about new U.S. tariffs kept global markets on edge, while a reading on local inflation was too mixed to move the dial on expectations for future rate cuts.Growth in Australia's monthly consum...Reuters
Wed, Feb 26
BUZZ-COMMENT-USD on shaky ground as stagflation fears take hold
Feb 26 (Reuters) - The U.S. dollar is at risk of extending its decline as stagflation fears rise. The U.S. economy is slowing and mounting policy uncertainties will compel the Federal Reserve to maintain its steady-for-longer rate stance.Recent surveys have shown steep declines in business and cons...Reuters
Wed, Feb 26
