News
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Sterling steady ahead of U.S. data, tariff updates
By Samuel Indyk LONDON, Feb 12 (Reuters) - The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S. inflation data, while uncertainty stemming from U.S. President Donald Trump's trade policy continued to keep investors on edge. Sterling was...Reuters
Wed, Feb 12
BUZZ-COMMENT-FX traders should beware USD/JPY's upside is limited
Feb 12 (Reuters) - FX traders should beware that USD/JPY's latest recovery attempts this week will likely run out of steam due to solid technical resistance that will prove hard to crack.The dollar held mostly steady against other major currencies on Wednesday as traders awaited U.S. inflation d...Reuters
Wed, Feb 12
BUZZ-COMMENT-High for longer US rate outlook favours unfancied dollar
Feb 12 (Reuters) - The U.S. interest rate is seen little changed from the current mid-point of the 4.25-4.5% target range both this year and next, providing support for the dollar that relatively few traders and investors have been prepared to buy.Futures suggest the U.S. interest rate won't dro...Reuters
Wed, Feb 12
How Argentina took a chainsaw to government, a year before Elon Musk's DOGE
Argentina is slashing regulation, reducing size of stateModel offers lessons for Elon Musk's Department of Government Efficiency in the U.S.Under Milei, number of ministries halved, state workers fell 10% in 2024Rent controls, export taxes among areas targeted by new ministryBy Lucinda Elliott ...Reuters
Wed, Feb 12
FOREX-Dollar mostly steady before US CPI, yen retreats
Dollar steady as traders await U.S. inflation dataFed Chair Powell sees no rush to cut interest ratesYen retreats below 200-DMAUpdates with European morning tradingBy Samuel Indyk and Tom Westbrook LONDON, Feb 12 (Reuters) - The dollar held mostly steady against other major currencies on Wednesda...Reuters
Wed, Feb 12
BUZZ-COMMENT-Record German trade surplus vs US keeps EUR/USD on edge
Feb 12 (Reuters) - The news that Germany's trade surplus with the United States rose to a record high last year raises the risk of an aggressive tariff response from U.S. President Donald Trump, which could weigh on EUR/USD.Data published on Tuesday showed Germany's trade surplus with the U....Reuters
Wed, Feb 12
RPT-BUZZ-COMMENT-US CPI risks lean towards a stronger print
Repeats with no changes (originally posted Feb 10Feb 12 (Reuters) - While U.S. tariff updates continue to grab the headlines, market moves have been somewhat contained which gives the impression that we may be seeing tariff fatigue setting in. Despite this, however, the impact should continue to fav...Reuters
Wed, Feb 12
Iron ore rebounds on Australian supply woes, Chinese demand outlook
Updates market at closeBy Amy Lv and Michele Pek BEIJING, Feb 12 (Reuters) - Iron ore futures rebounded on Wednesday as investors shifted focus to concerns over potential supply disruptions from major producer Australia and the prospect of growing demand in top consumer China.Prices slid by more ...Reuters
Wed, Feb 12
REFILE-BUZZ-COMMENT-Norway's crown stepping into a minefield
Adds tagFeb 12 (Reuters) - As the NOK appears to be turning lower following a three-week rally to key resistance, several factors and events could begin to stack up against it. EUR/NOK peaked at 11.8260 in January and the pullback reached the 100-week moving average at 11.6020. The long-term average...Reuters
Wed, Feb 12
