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Bank of England votes narrowly to hold rates but signals reduction ahead
BoE keeps Bank Rate at 3.75%, as expectedMPC's 5-4 vote was closer than 7-2 seen in Reuters pollPolicymakers expect further reduction in ratesBoE cuts inflation forecasts, sees less growth in 2026 Some MPC members worry inflation might stay too highBy William Schomberg, David Milliken and Andy B...Reuters
33 minutes ago
BoE's Bailey welcomes Warsh as Trump's choice to lead U.S. Fed
LONDON, Feb 5 (Reuters) - Bank of England governor Andrew Bailey on Thursday welcomed U.S. President Donald Trump's choice of former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May."I welcome the nomination of Kevin Wars...Reuters
48 minutes ago
Euro zone bond yields, euro steady after ECB holds rates
LONDON, Feb 5 (Reuters) - The euro and euro zone bond yields were steady on Thursday, after the European Central Bank kept its three main interest rates unchanged as expected, and reiterated that policymakers are not pre-committing to a particular rate path. The central bank for the 21 countries tha...Reuters
49 minutes ago
INSTANT VIEW-ECB leaves rates unchanged, shrugs off inflation dip
LONDON, Feb 5 (Reuters) - The European Central Bank left interest rates unchanged as expected on Thursday, shrugging off a dip in inflation while continuing to warn about an uncertain geopolitical environment.The euro hovered around $1.1794, a touch lower on the day EUR=EBS. Government bond yields a...Reuters
51 minutes ago
Pound, UK borrowing costs drop as investors up bets on rate cuts after dovish BoE
Pound and gilts hit as vote sends doveish signalPolicymakers voted 5-4 to keep rates at 3.75%Reuters poll had expected 7-2 vote splitLower inflation, political risk in focusBy Lucy Raitano LONDON, Feb 5 (Reuters) - Sterling and UK government borrowing costs fell on Thursday, as investors quickly ...Reuters
an hour ago
EUR/JPY trades higher as Yen weakens, Eurozone data mixed ahead of ECB decision
EUR/JPY trades around 185.40 on Thursday at the time of writing, up 0.10% on the day. The cross is mainly supported by the underperformance of the Japanese Yen, amid rising political uncertainty in Japan, while the Euro shows a more mixed profile due to conflicting macroeconomic signals.
Fxstreet
2 hours ago
AGCO Q4 sales rise 1.1%, adjusted EPS beats
OverviewAgricultural machinery maker's Q4 net sales rose 1.1% yr/yr despite industry pressures2025 adjusted EPS beat analyst expectationsCompany anticipates improved performance in 2026OutlookAGCO expects 2026 net sales between $10.4 bln and $10.7 blnCompany projects 2026 adjusted operating marg...Reuters
2 hours ago
FOREX-Dollar gains with investors skittish over tech; pound drops after BoE
Bank of England leaves rates unchanged, pound dropsEuro down ahead of ECB decision, focus on rate outlookDollar strengthens amid risk aversion and central bank decisionsBy Amanda Cooper LONDON, Feb 5 (Reuters) - The dollar hit two-week highs on Thursday as fresh volatility gripped stocks and stor...Reuters
2 hours ago
Sterling, short-term gilts yields fall after dovish BoE vote
LONDON, Feb 5 (Reuters) - Sterling and two-year gilt yields fell on Thursday after the Bank of England held rates steady in a surprisingly narrow vote and said it expected a future cut if inflation continued to slow. The pound extended losses against the dollar after the decision, and was last down...Reuters
2 hours ago
USD/CAD remains bid near 1.3700, buoyed by the risk-off mood
The US Dollar (USD) appreciates for the second consecutive day against the Canadian Dollar (CAD). Bulls have failed to find acceptance above 1.3700 earlier on the day, but the pair remains bid, trading at 1.3685, with the safe-haven USD favoured by the dismal market mood.
Fxstreet
2 hours ago
Linde sees another year of steady growth as Q4 results beat forecasts
By Bartosz DabrowskiFeb 5 (Reuters) - Linde LIN.O, the world's largest industrial gases company, on Thursday beat expectations for fourth-quarter results and said it expected earnings to keep growing in 2026, citing higher pricing and productivity initiatives across business areas.The U.S.-Germa...Reuters
3 hours ago
EUR/GBP advances ahead of highly anticipated BoE, ECB decisions
EUR/GBP trades around 0.8670 on Thursday at the time of writing, up 0.30% on the day, supported by some weakness in the Pound Sterling (GBP) ahead of the Bank of England’s (BoE) monetary policy decision, which is due later in the day, despite mixed economic indicators from the Eurozone.Fxstreet
3 hours ago
EMERGING MARKETS-EM currencies down as dollar firms, stocks pressured by tech rout
Tech selloff pressures Asian stocksUkraine, Russia start second day of talks Czech central bank expected to hold rates steadyMSCI FX off 0.3%, stocks shed 1.5%By Purvi Agarwal Feb 5 (Reuters) - Most emerging-market currencies treaded water against a rising dollar on Thursday, while an ongoing rou...Reuters
3 hours ago
POLL-Canadian dollar seen correcting before uptrend resumes
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=CAD= poll dataBy Fergal Smith TORONTO, Feb 5 (Reuters) - The Canadian dollar is expected to give back some recent gains over the coming months, but the currency could then re-establish its uptrend if the Bank of Canada shifts to ...Reuters
4 hours ago
USDJPY: Potential for significant movement – TD Securities
The upcoming Lower House election in Japan on February 8 is expected to have significant implications for the USD/JPY exchange rate. TD Securities analysts predict that if the ruling Liberal Democratic Party (LDP) secures an absolute majority, USDJPY could rise towards 160.Fxstreet
4 hours ago
