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GBP/USD holds above 1.3600 despite grim UK economic data
The Pound (GBP) lost ground against its main peers on Thursday, following a string of disappointing UK economic indicators. The GBP/USD pair, however, has remained steady above 1.3600 and is picking up to 1.3640 at the time of writing, keeping a mild upside trend from last week’s lows intact.
Fxstreet
23 minutes ago
Sterling nudges higher as economic data, political tensions dominate
By Sophie Kiderlin LONDON, Feb 12 (Reuters) - The pound edged up against the dollar on Thursday even as data showed that the UK economy barely expanded in the last quarter of 2025 and markets took stock of Britain's simmering political crisis. Sterling was last 0.1% higher against the dolla...Reuters
an hour ago
Birkenstock Q1 profit rises on holiday demand; margins hit by FX, tariffs
OverviewFootwear brand's fiscal Q1 revenue up 11% reported, 18% constant currency, surpassing full-year targetNet profit for fiscal Q1 rose 151% yr/yr, driven by strong holiday demandAdjusted EBITDA margin for fiscal Q1 declined to 26.5% due to currency translation and tariffsOutlookBirkenstock ...Reuters
2 hours ago
EU court says Polish WIBOR mortgage rate not inherently abusive
WARSAW, Feb 12 (Reuters) - A mortgage contract clause containing a reference to the Warsaw Interbank Offered Rate (WIBOR) does not, in principle, work to the detriment of the consumer, the European Union's top court said on Thursday, in a boost for Polish banks.The banks had faced questions on w...Reuters
2 hours ago
FOREX-Yen heads for best week in a year as 'Buy Japan' talk picks up
Yen has surged since Takaichi won landslide poll victoryAnalysts say mood may be shifting on JapanDollar under pressure as economic data in focusBy Tom Westbrook and Sophie Kiderlin SINGAPORE, Feb 12 (Reuters) - A resurgent yen pushed towards its biggest weekly gain in more than a year on Thursd...Reuters
2 hours ago
EUR/JPY picks up to levels near 182.00, remains sharply lower on the week
The Euro (EUR) is attempting to find a bottom against the Japanese Yen (JPY) on Thursday, after dropping sharply over the previous three days. The pair has pared daily losses, and trades at 181.70 at the time of writing, up from six-week lows at 180.85.
Fxstreet
3 hours ago
Trump-linked World Liberty Financial to launch forex remittance platform
By Selena LiHONG KONG, Feb 12 (Reuters) - World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, said on Thursday it plans to roll out a new foreign exchange and remittance platform, offering simplified services with lower fees.The firm will launch the platfo...Reuters
3 hours ago
EU court says Polish WIBOR mortgage rate not inherently abusive
WARSAW, Feb 12 (Reuters) - A mortgage contract clause containing a reference to the Warsaw Interbank Offered Rate (WIBOR) does not, in principle, create a significant imbalance between the bank and the consumer, the top EU court said on Thursday.Polish banks, still dealing with the consequences of t...Reuters
3 hours ago
USD/CAD Price Forecast: Tests 1.3600 barrier near nine-day EMA
USD/CAD remains in the positive territory after registering modest gains in the previous session, trading around 1.3580 during the European hours on Thursday. The technical analysis of the daily chart shows the pair remains within the descending channel pattern, suggesting a persistent bearish bias.Fxstreet
4 hours ago
Nissan - See FY2025/26 Global Retail Sales Of 3.2 Million Vehicles Versus Previous Forecast Of 3.25 Million
Feb 12 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN: SEE FY2025/26 GLOBAL RETAIL SALES OF 3.2 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 3.25 MILLIONNISSAN: SEE FY2025/26 N.AMERICA SALES OF 1.3 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 1.3 MILLIONNISSAN: SEE FY2025/26 CHINA SALES OF 653,000 VE...Reuters
4 hours ago
