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FOREX-Yen rallies on growth data, dollar steady around two-month low
Yen rises on better-than-expected Q4 GDP dataDollar broadly on the back footRBA, RBNZ expected to deliver rate cuts this weekUpdates prices for European afternoon tradingBy Rae Wee and Harry Robertson SINGAPORE/LONDON, Feb 17 (Reuters) - The yen rose on Monday in a boost from upbeat Japanese grow...Reuters
Mon, Feb 17
GRAPHIC-Asian bonds see foreign outflows for a third straight month in January
Feb 17 (Reuters) - Foreign investors pulled out of Asian bonds for a third straight month in January, deterred by expectations of higher U.S. tariffs under President Donald Trump and a slower pace of Federal Reserve rate cuts, diminishing the appeal of regional assets.Non-native investors divested r...Reuters
Mon, Feb 17
CEE MARKETS-FX hold at strong levels; Romanian leu steady after c.bank comments
PRAGUE, Feb 17 (Reuters) - Central Europe's currencies steadied on Monday after touching their strongest levels so far in 2025 last week, with a weakened dollar and possible talks on resolving the Ukraine-Russia war providing support.The Polish zloty is hovering near seven-year highs as currenci...Reuters
Mon, Feb 17
Bank of England's Bailey says inflation is slowing, 2025 jump will not last
Adds paragraphs 4-9 LONDON, Feb 17 (Reuters) - Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to embed longer-term inflation pressures in the economy.Part of the foreca...Reuters
Mon, Feb 17
Pound trades around two-month high as investors await data
LONDON, Feb 17 (Reuters) - Sterling held steady and traded at just below its highest level in two months, as investors looked towards employment and inflation data later in the week.The pound rose around 1.4% last week as currencies recovered against the dollar due to fading expectations that U.S. P...Reuters
Mon, Feb 17
EUR/USD: More likely to consolidate within a 1.0455/1.0515 range – UOB Group
Instead of continuing to rise, Euro (EUR) is more likely to consolidate within a 1.0455/1.0515 range vs US Dollar (USD). In the longer run, outlook for EUR is positive, with a technical target of 1.0530, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Feb 17
