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NZ dollar skids as RBNZ flags loose policy, undershoots market hawks
By Wayne Cole SYDNEY, Feb 18 (Reuters) - The New Zealand dollar slipped on Wednesday after the country's central bank held cash rates steady and said policy would likely stay accommodative for some time, while allowing some scope for a hike late this year.The kiwi dollar dropped 0.8% to $0.60...Reuters
24 minutes ago
GBP/USD Price Forecast: Seems vulnerable near mid-1.3500s; UK CPI/FOMC Minutes awaited
The GBP/USD pair struggles to capitalize on the previous day's late rebound from an over one-week low – levels below the 1.3500 psychological mark – and trades with a negative bias for the third consecutive day on Wednesday.
Fxstreet
47 minutes ago
New Zealand keeps rates steady, sees loose policy for some time
RBNZ held rates at 2.25%, sees accommodative policy for some timeBreman faces balancing act as inflation pops outside target bandEconomic recovery still fragile, job market weakBy Stella QiuWELLINGTON, Feb 18 (Reuters) - New Zealand's central bank held its interest rates steady on Wednesday, as ...Reuters
2 hours ago
EUR/USD consolidates around mid-1.1800s as traders keenly await FOMC Minutes
The EUR/USD pair struggles to capitalize on the previous day's goodish rebound from the 1.1800 neighborhood, or a one-and-a-half-week low, and consolidates in a narrow band during the Asian session on Wednesday. Spot prices currently trade just below mid-1.1800s, nearly unchanged for the day.
Fxstreet
2 hours ago
Canadian Dollar weakens below 1.3650 on softer CPI inflation, lower crude oil prices
The USD/CAD pair gains ground to around 1.3645 during the Asian trading hours on Wednesday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) on a softer inflation report and lower crude oil prices.
Fxstreet
2 hours ago
FOREX-Dollar firm as focus turns to peace talks; Kiwi hit by RBNZ's easy stance
Iran-US nuclear talks show progress, easing Middle East tensionsRBNZ holds rates, signals accommodative policy to support recoveryJapanese exports rise for fifth monthBy Rocky Swift TOKYO, Feb 18 (Reuters) - The dollar held its ground on Wednesday as geopolitical risks kept markets on edge and in...Reuters
2 hours ago
New Zealand's central bank holds rates at 2.25%, sees accommodative policy for some time
WELLINGTON, Feb 18 (Reuters) - New Zealand's central bank held its interest rates steady at 2.25% on Wednesday, as widely expected, adding that the monetary policy stance needs to remain accommodative for some time to support the economic recovery.Wrapping up its first meeting chaired by Governo...Reuters
3 hours ago
FOREX-Dollar holds gains as markets focus on peace talks, Fed minutes
By Rocky Swift TOKYO, Feb 18 (Reuters) - The dollar held its ground on Wednesday as geopolitical risks kept markets on edge and investors awaited minutes from the Federal Reserve for signals on future rate cuts.The yen was steady after data showing a rebound in Japanese manufacturer sentiment and...Reuters
3 hours ago
IMF urges Japan to keep raising rates, avoid reducing sales tax
BOJ should keep raising rates so they reach neutral in 2027IMF warns against near-term, further fiscal looseningConsumption tax cut would erode capacity to respond to shocksBOJ must intervene if volatility reduces bond market liquidityBy Leika Kihara TOKYO, Feb 18 (Reuters) - The International Mo...Reuters
3 hours ago
IMF urges Japan to keep raising rates, avoid reducing sales tax
BOJ should keep raising rates so they reach neutral in 2027IMF warns against near-term, further fiscal looseningConsumption tax cut would erode capacity to respond to shocksBOJ must intervene if volatility reduces bond market liquidityBy Leika Kihara TOKYO, Feb 18 (Reuters) - The International Mo...Reuters
4 hours ago
UK CPI on Wednesday the key test for a Pound Sterling under pressure
The Bank of England (BoE) held the Bank Rate at 3.75% at its February 5 meeting in a narrowly split 5-to-4 vote, with four Monetary Policy Committee (MPC) members voting for an immediate 25 basis point cut, a more dovish outcome than markets anticipated.Fxstreet
4 hours ago
AUD/USD sees data-heavy second half of the week post-RBA
The Reserve Bank of Australia (RBA) minutes released Tuesday showed the board judged its recent rate hike was necessary but stressed that future decisions will depend entirely on incoming data and the evolving balance of risks.Fxstreet
5 hours ago
FOREX-Dollar edges higher against peers; Japanese yen strengthens
U.S.-Iran agree on guiding principles, nuclear deal not imminentJapanese yen edges lowerDollar index risesBy Chibuike Oguh NEW YORK, Feb 17 (Reuters) - The U.S. dollar edged higher against major currencies on Tuesday as geopolitical tensions from the ongoing U.S.-Iran nuclear talks unleashed more...Reuters
6 hours ago
EUR/USD stays firm amid Iran talks, hawkish Fed tone
EUR/USD falls modestly during the North American session after reaching a daily low of 1.1804 amid a risk-off impulse that underpinned the Greenback as tensions between the US and Iran, remain high. At the time of writing, the pair trades at 1.1845 down 0.07%.Fxstreet
6 hours ago
