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USD/CAD clings to gains around 1.3659 with all eyes on the Fed minutes
The US Dollar (USD) appreciates for the sixth consecutive day against the Canadian Dollar (CAD), reaching 1.3650 at the time of writing, but remains below the early February highs, in the area of 1.3720, which keeps the broader bearish trend in play.The US Dollar has been trading moderately higher a
Fxstreet
7 minutes ago
AUD/USD Price Forecast: Sees more upside above three-year-high of around 0.7150
The AUD/USD pair trades in a tight range around 0.7075 during the European trading session on Wednesday. The Aussie pair consolidates as investors await the release of Federal Open Market Committee (FOMC) minutes at 19:00 GMT and the Australian employment data for January on Thursday.
Fxstreet
31 minutes ago
EUR/USD: Range trading on Lagarde talk – ING
ING’s Chris Turner highlights a Financial Times report suggesting Christine Lagarde could leave the ECB before her term ends in October 2027, with succession politics linked to French elections. Markets are watching potential successors Pablo Hernandez de Cos and Joachim Nagel.
Fxstreet
39 minutes ago
Sterling steady, inflation figures reinforce near-term BoE cut bets
Easing inflation strengthens case for BoE rate cutServices inflation remains above expectationsPolitical pressure on PM Starmer could resurface next week By Samuel Indyk LONDON, Feb 18 (Reuters) - The pound was little changed against the dollar as easing British inflation strengthened the case f...Reuters
50 minutes ago
GBP/USD Price Forecast: Tests Symmetrical Triangle breakdown near 1.3580
The GBP/USD pair trades flat at around 1.3570 during the European trading session on Wednesday. The pair flattens while the Pound Sterling (GBP) trades higher after the release of the United Kingdom (UK) Consumer Price Index (CPI) data for January.
Fxstreet
an hour ago
ECB's Cipollone says digital euro will protect European banks, card schemes
ECB working on digital central bank currency projectEU Council, Parliament have endorsed the digital euro planDisruption in payments threatens the role of banksBy Valentina Za MILAN, Feb 18 (Reuters) - The digital euro will be designed to ensure it protects European card schemes and keep banks at...Reuters
an hour ago
Beauty group Puig profit boosted by makeup, skincare demand amid fragance slowdown
By Mireia Merino and Marta Serafinko GDANSK, Feb 18 (Reuters) - Spanish beauty company Puig PUIGb.MC posted a 12% rise in 2025 net profit on Wednesday to 594 million euros ($703 million), as strong demand in makeup and skincare helped offset negative currency effects and slower growth in fragranc...Reuters
an hour ago
EMERGING MARKETS-EM currencies, stock inch up in holiday-thinned moves
MSCI EM FX up 0.1%, stocks gain 0.3%January headline consumer inflation falls in South AfricaSenegal expects to make March Eurobond payments on timeRussia-Ukraine start second day of talks in GenevaBy Purvi Agarwal Feb 18 (Reuters) - MSCI's indexes tracking emerging market currencies and stoc...Reuters
2 hours ago
FOREX-Euro dips on reports ECB chief to leave, kiwi slumps as RBNZ takes easy stance
Kiwi falls as RBNZ holds rates, says policy to remain accommodativeFed minutes, geopolitics influence dollar strengthYen weakens as Japan set to begin US investmentsBy Samuel Indyk and Rocky Swift LONDON, Feb 18 (Reuters) - The euro dipped slightly on Wednesday after a report that European Centra...Reuters
3 hours ago
Gabon yet to request IMF financing program ahead of fund visit next week
IMF program could help ease Gabon's debt strainsGabon bond prices have risen on hopes of IMF dealGabon has limited financing options, says Fitch analyst By Colleen Goko JOHANNESBURG, Feb 18 (Reuters) - Gabon has not yet submitted a formal request for a financing program, an IMF spokesperson ...Reuters
3 hours ago
EUR/USD: Soft tone within bullish trend – Scotiabank
Scotiabank analysts Shaun Osborne and Eric Theoret note the Euro is slightly weaker versus the Dollar, drifting toward the lower end of its recent range. Yield spreads remain supportive and the broader EUR/USD trend is still seen as bullish.Fxstreet
4 hours ago
GBP/JPY clings to gains above 208.00 despite weak UK inflation data
The Pound (GBP) has been little moved following a string of UK inflation figures for January and remains trading right above 208.00 against the Japanese Yen (JPY), with the two-month lows of 207.22 at a short distance.
Fxstreet
5 hours ago
EUR: Limited impact of Lagarde exit talk – Danske Bank
Danske Research Team discusses reports that Christine Lagarde may step down as ECB president before October 2027, likely ahead of the French election. They expect limited market impact, as EU leaders usually balance doves and hawks on the Executive Board and have ample time to choose a successor.Fxstreet
5 hours ago
