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BUZZ-COMMENT-US recap: EUR/USD rises for second day as dollar slumps
Feb 5 (Reuters) - The U.S. dollar index slumped with Treasury yields on Wednesday following Fed comments and a report that suggests the U.S. services sector may be losing steam at the same time inflation pressures are cooling, potentially opening the door for more rate cuts. ISM’s non-manufacturing...Reuters
Feb 5, 2025
BlackRock prepares to launch bitcoin exchange-traded product in Europe, source says
By Iain Withers LONDON, Feb 5 (Reuters) - BlackRock BLK.N is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers.The product will ...Reuters
Feb 5, 2025
BUZZ-COMMENT-Yen gathers support from shifting BOJ expectations
Bank of Japan efforts to combat inflation and concerns over global tariffs will strengthen the yen.On Wednesday, the yen surged following strong Japanese wage data, PMIs, and earnings, which pushed the 2-year JGB yield to its highest point since 2008 while flattening of the yield curve. Market expec...Reuters
Feb 5, 2025
FOREX-Dollar slides as trade war risk recedes, yen rallies
Dollar falls as slide from Monday's high continuesTrump negotiating on tariffs seen as positive signalYen rallies on wage dataUpdates with U.S. morning tradeBy Hannah Lang and Harry Robertson NEW YORK/LONDON, Feb 5 (Reuters) - The U.S. dollar fell to its lowest in more than a week on Wedn...Reuters
Feb 5, 2025
BUZZ-COMMENT-Dollar move is corrective, not yet a 2017 repeat
Feb 5 (Reuters) - With the tariff noise dying down, this has meant that the tariff risk premium built up in the dollar has continued to unwind.While the pullback in the greenback appears to be more corrective in nature, the topping out of both U.S. yields and heavyweight tech stocks such as Nvidia d...Reuters
Feb 5, 2025
BUZZ-COMMENT-US inflation signals may trump EUR/USD's bullish techs
Feb 5 (Reuters) - EUR/USD struck a 4-session high after rallying above the 55-day moving average Wednesday but bulls may have a rough road ahead if U.S. inflation markets have anything to say.U.S. 2-year USBEI2Y=RR and 5-year USDEI5Y=RR inflation break evens recently completed consolidation phases, ...Reuters
Feb 5, 2025
BUZZ-COMMENT-Sterling's rise may be limited ahead of BoE, payrolls
Sterling rose above its 55-DMA at 1.2510 and recent trend high at 1.2523 in Wednesday trade, driven by unwinding dollar longs following recent U.S. tariff deescalation, though the pound's current bid may be short-lived as attention shifts to monetary policy ahead of Thursday's BoE rate decis...Reuters
Feb 5, 2025
Vietnam's trade surplus with US hits record high in 2024
Vietnam's trade surplus up nearly 20% to more than $123 billionAll partners with bigger gaps face duties or threats of tariffsVietnam may reduce duty risks with vows to import more, analysts sayBy Francesco Guarascio HANOI, Feb 5 (Reuters) - Vietnam's trade surplus with the U.S. soared to...Reuters
Feb 5, 2025
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.4292 to the greenback, or 69.97 U.S. cents, after trading in a range of 1.4271 to 1.4344.Canadian government 10-year bond yields CA1...Reuters
Feb 5, 2025
EUR stretches rebound to low 1.04s – Scotiabank
Weaker than expected PMIs from Spain, downward revisions to French data and a minor upgrade for the German Composite index saw the final Eurozone January Services index marked lower than the preliminary release at 51.3 (from 51.4) while the Composite Index was unchanged at 50.1, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Feb 5, 2025
FOREX-Dollar slides as trade war risk recedes, yen rallies
Dollar falls 0.5% as slide from Monday's high continuesTrump negotiating on tariffs seen as positive signalYen rallies on wage data; Chinese yuan dips on US tariffsUpdates in afternoon European tradingBy Harry Robertson LONDON, Feb 5 (Reuters) - The U.S. dollar fell to its lowest in more ...Reuters
Feb 5, 2025
