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EUR/USD loses ground below 1.1850 ahead of FOMC Minutes
The EUR/USD pair loses traction near 1.1840 during the early European session on Wednesday, pressured by renewed US Dollar (USD) demand. Traders brace for the Federal Open Market Committee (FOMC) Minutes for signals on future rate cuts, which will be released later on Wednesday.
Fxstreet
28 minutes ago
Japan's $550 billion investment in US seen widening gains on hedged JGBs
Big Japan investment in US seen boosting demand for dollar funding JBIC is expected to convert 5.5 trillion yen into dollars via currency basis swaps Yields on hedged JGBs may increase on rising costs for dollar fundingBy Junko Fujita TOKYO, Feb 18 (Reuters) - Japanese government bonds may become...Reuters
47 minutes ago
USD/INR opens flat ahead of FOMC Minutes
The Indian Rupee (INR) opens almost flat against the US Dollar (USD) on Wednesday. The USD/INR pair is expected to wobble near its current levels at around 90.80 as investors await the release of Federal Open Market Committee (FOMC) Minutes at 19:00 GMT.Fxstreet
55 minutes ago
Japan's $550 billion investment in US seen widening gains on hedged JGBs
Big Japan investment in US seen boosting demand for dollar funding JBIC is expected to convert 5.5 trillion yen into dollars via currency basis swaps Yields on hedged JGBs may increase on rising costs for dollar fundingBy Junko Fujita TOKYO, Feb 18 (Reuters) - Japanese government bonds may become...Reuters
an hour ago
New Zealand keeps rates steady, sees loose policy for some time
RBNZ holds rates at 2.25%, sees easy policy for some timeEconomic recovery still fragile, job market weakKiwi falls as markets pared back bets for a rate hike in OctoberBy Stella QiuWELLINGTON, Feb 18 (Reuters) - New Zealand's central bank kept interest rates steady on Wednesday and tempered mar...Reuters
an hour ago
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
2 hours 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
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
4 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
4 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
4 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
4 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
4 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
5 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
6 hours ago
