News
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Sterling edges down against euro after German election
By Greta Rosen Fondahn Feb 24 (Reuters) - The pound traded lower against the euro on Monday after Germany's conservatives won a national election as expected.The euro initially rose to its highest in more than two weeks against the pound, but pared some of those gains and was last up 0.1% wit...Reuters
Mon, Feb 24
BUZZ-COMMENT-Another tariff deadline approaches for Canadian dollar
Feb 24 (Reuters) - The deadline for the delayed 25% tariffs on Canadian goods is one week away (March 4), which in turn will see elevated headline risk for CAD in the short-term. Looking at where USD/CAD is trading – 1.4200 – it appears that markets are rather sanguine over tariff risks. Remember th...Reuters
Mon, Feb 24
EUR/USD falls back amid fears over German economic outlook
EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US private business activity data weighed on the US Dollar.
Fxstreet
Mon, Feb 24
FOREX-Euro rises after Germany's conservatives win, dollar lacklustre
Euro rises in wake of German election resultsDollar falls to lowest in two months on U.S. growth concernsRaft of U.S. economic data, Fed speakers expected this weekUpdates in European mid morning tradeBy Rae Wee and Greta Rosen Fondahn SINGAPORE/GDANSK, Feb 24 (Reuters) - The euro nudged higher o...Reuters
Mon, Feb 24
BUZZ-COMMENT-Good time to anticipate resumption of USD rally
Feb 24 (Reuters) - Traders have slashed dollar longs in advance of the March 4 deadline for U.S. tariffs which leaves them far less prepared for the likely resumption of the rally that has resulted from the extremely negative implications of a trade dispute.The drop for the dollar index - which has...Reuters
Mon, Feb 24
BUZZ-COMMENT-Could dollar's decline be coming to an end?
Feb 24 (Reuters) - The U.S. dollar has been in a negative cycle in February, but there is a subtle development in the speculative long position that could well provide the room for the greenback to recover.The speculative long position - derived from net contracts of International Monetary Market sp...Reuters
Mon, Feb 24
Pound Sterling outperforms US Dollar as Fed dovish bets rise on weak US Services PMI
The Pound Sterling jumps to near 1.2700 against a weakened US Dollar after a sharp slowdown in US services sector data for February. Traders expect the BoE to cut interest rates two times more this year. This week, investors will focus on the US Durable Goods and PCE inflation data for January.Fxstreet
Mon, Feb 24
EUR/GBP rises to near 0.8300 following Germany’s conservative victory
EUR/GBP climbs as market sentiment improves after Germany’s conservative election victory. Investors focus on the coalition-building process, with strong leadership viewed as essential for driving key fiscal reforms in Germany. The Pound Sterling may find support as expectations for a Bank of Englan
Fxstreet
Mon, Feb 24
