News
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Nigeria makes $200 million budget provision to fill U.S. aid suspension gaps
ABUJA, Feb 13 (Reuters) - Nigeria has made a provision of $200 million in its 2025 budget to fill gaps created by the United States' suspension of aid, according to a Senate document seen by Reuters on Thursday.Reuters
Thu, Feb 13
EUR/USD to trade around 1.00 in the middle of the year – Rabobank
While yesterday’s release of stronger than expected US CPI inflation pushed back on Fed rate cut hopes and initially boosted the value of the USD, those gains proved to be short-lived, Rabobank's FX analyst Jane Foley notes.
Fxstreet
Thu, Feb 13
FOREX-Euro rises on Ukraine peace hopes, but tariff risks linger
Euro rises as US plans Russia-Ukraine peace talksHotter-than-expected US CPI adds to bets Fed will hold rates higher for longerMarkets ready for Trump's reciprocal tariffs US PPI in spotlight Updates in afternoon European tradeBy Brigid Riley and Greta Rosen Fondahn TOKYO/GDANSK, Feb 13 (Reut...Reuters
Thu, Feb 13
Brazil nixes BRICS currency, eyes less reliance on 'mighty' dollar
Brazil's BRICS presidency won't push for common currency this yearAgenda includes easing international payments, reducing dollar dependenceBRICS summit in July to discuss cross-border payment initiativesBy Marcela Ayres, Bernardo Caram and Lisandra Paraguassu BRASILIA, Feb 13 (Reuters) - ...Reuters
Thu, Feb 13
BUZZ-COMMENT-Traders need to think about EUR/USD's downside risk
Feb 13 (Reuters) - FX traders can use a simple option to insure against a EUR/USD drop, something spot normally does in February. It's not usually a good idea to be long EUR/USD in February.The euro rose to a one-week high against the U.S. dollar on Thursday as news that Washington aims to begin...Reuters
Thu, Feb 13
EMERGING MARKETS-Ukraine, Russia assets soar on peace talk hopes
Ukrainian, Russian assets jump on hopes of peace dealMarkets brace for Trump's reciprocal tariffs Turkish current account deficit widens in DecemberMSCI EM FX up 0.2%, stock gain 0.1% Updates with prices, quoteBy Purvi Agarwal Feb 13 (Reuters) - Most emerging currencies and stocks were higher...Reuters
Thu, Feb 13
Sterling rises after data shows surprise growth in UK economy
Updates with analyst quotes, backgroundBy Greta Rosen Fondahn Feb 13 (Reuters) - Sterling jumped on Thursday after data showed the British economy unexpectedly grew in the final quarter of last year, offering a brief respite from an otherwise downbeat economic outlook. The pound rose to $1.25155 ...Reuters
Thu, Feb 13
CEE MARKETS-FX firmer with expectations of Ukraine peace talks
By Alan Charlish WARSAW, Feb 13 (Reuters) - Central European currencies were mostly firmer on Thursday, after President Donald Trump said he ordered top U.S. officials to begin talks on ending the war in Ukraine.Trump spoke with Russian President Vladimir Putin and Ukrainian President Volodymyr Z...Reuters
Thu, Feb 13
BUZZ-COMMENT-EUR/USD is defining the limits of a new range
Feb 13 (Reuters) - EUR/USD is defining the limits of a new range that may hold throughout 2025, following the decisive breakout on the downside from a range in which it was previously trapped for almost two years.The breakdown to 1.0125 from the 1.05-1.10 bounds has significantly impacted those tryi...Reuters
Thu, Feb 13
EMERGING MARKETS-Ukraine bonds, Russian rouble jump on hopes of peace talks
Ukrainian, Russian assets jump on hopes of peace dealMarkets brace for Trump's reciprocal tariffs Turkish current account deficit widens in DecemberMSCI EM FX, stock indexes up 0.1% eachBy Purvi Agarwal Feb 13 (Reuters) - Most emerging currencies and stocks were higher on Thursday as the doll...Reuters
Thu, Feb 13
FOREX-Euro rallies as Ukraine peace hopes cushion US inflation shock
Euro rallies as US plans Russia-Ukraine peace talksHotter-than-expected US CPI adds to bets Fed will hold rates higher for longerUS PPI in spotlight Updates in early European tradeBy Brigid Riley and Greta Rosen Fondahn TOKYO/GDANSK, Feb 13 (Reuters) - The euro rose to a one-week high against the...Reuters
Thu, Feb 13
BRIEF-Nissan Keeps Fy2024/25 Global Retail Sales Forecast At 3.4 Million Vehicles
Feb 13 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN KEEPS FY2024/25 GLOBAL RETAIL SALES FORECAST AT 3.4 MILLION VEHICLESNISSAN: SEE FY2024/25 N.AMERICA SALES OF 1.34 MILLION VEHICLES VERSUS 1.34 MILLION PREVIOUSLYNISSAN: SEE FY2024/25 CHINA SALES OF 697,000 VEHICLES VERSUS 690,000 PREVIOUSLYNISSAN:...Reuters
Thu, Feb 13
