News
Important Only
AUD/NZD surges to fresh highs as Dovish RBNZ gives Aussie the win
The AUD/NZD cross spiked higher on Wednesday as the Reserve Bank of New Zealand's (RBNZ) dovish hold triggered a broad New Zealand Dollar (NZD) sell-off, while the Australian Dollar (AUD) remained supported by the Reserve Bank of Australia's (RBA) recent hawkish posturing.
Fxstreet
9 minutes ago
AUD/USD drifts lower after RBA minutes as jobs data looms
The RBA minutes released on Tuesday reinforced the hawkish tone set by Governor Bullock's post-decision press conference, noting that private demand is growing faster than expected and capacity pressures are greater than previously assessed.
Fxstreet
30 minutes ago
Nordson beats Q1 sales estimates; raises annual sales, earnings guidance
OverviewPrecision technology firm's fiscal Q1 sales rose 9% to $669 mln, beating expectationsAdjusted EPS for fiscal Q1 was $2.37, slightly missing analyst estimatesCompany raised full-year guidance for sales and earningsOutlookNordson sees second-quarter sales between $710 mln and $740 mlnCompa...Reuters
an hour ago
Mativ Q4 sales miss estimates
OverviewSpecialty materials firm's Q4 sales rose 1% yr/yr but missed analyst expectationsAdjusted EPS for Q4 beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsOutlookCompany remains focused on improving leverage and balance sheet by generating cash flowMativ navigating an ...Reuters
an hour ago
Foreign holdings of US Treasuries slip in December
Feb 18 (Reuters) - Foreign holdings of U.S. Treasuries slipped in December as Japan and the United Kingdom, the two largest holders of U.S. government debt, reduced their portfolio sizes, data from the Treasury Department showed on Wednesday.Holdings of U.S. Treasuries fell to $9.27 trillion in Dece...Reuters
2 hours ago
Fed says last month's 'rate checks' were at Treasury's request
Feb 18 (Reuters) - The U.S. central bank on Wednesday confirmed it had asked dealers last month for quotes on dollar/yen rates at the behest of the U.S. Treasury, an unusual move that strengthened the stubbornly weak yen and put investors on alert for the first joint U.S.-Japan currency intervention...Reuters
2 hours ago
Mexico's Walmex reports 4% drop in Q4 profit, missing forecasts
MEXICO CITY, Feb 18 (Reuters) - Walmart's Mexico and Central America unit Walmex WALMEX.MXon Wednesday reported a 3.9% drop in its fourth-quarter net profit compared to the same period in 2024, missing analysts' forecasts.Net profit for Mexico's largest retailer hit 14.60 billion pesos f...Reuters
2 hours ago
FOREX-Euro weaker after report ECB chief to leave; dollar higher after data, Fed minutes
Kiwi falls as RBNZ holds rates, says policy to remain accommodativeDollar up for third straight sessionYen weakens as Japan set to begin US investmentsBy Chuck Mikolajczak NEW YORK, Feb 18 (Reuters) - The euro stumbled on Wednesday after a report that European Central Bank (ECB) President Christi...Reuters
2 hours ago
Silver Price Forecast: XAG/USD compresses within triangle chart pattern
Silver (XAG/USD) trades with a positive tone on Wednesday, snapping a two-day losing streak as dip buyers step in to cushion the downside. At the time of writing, XAG/USD is hovering around $77.50, up over 5.5% on the day.
Fxstreet
4 hours ago
AUD/USD under pressure as USD firms before FOMC minutes, Aussie jobs data
AUD/USD declines and trades around 0.7060 on Wednesday at the time of writing, down 0.25% on the day, as investors remain cautious ahead of the Federal Open Market Committee (FOMC) minutes due later in the day and Australia’s employment data scheduled for Thursday.Fxstreet
5 hours ago
USD/JPY Price Forecast: Volatility fades as pair holds near mid-Bollinger Band
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Wednesday, with USD/JPY climbing nearly 0.78% as renewed demand for the Greenback underpins the pair. At the time of writing, USD/JPY is trading around 154.48.
Fxstreet
6 hours ago
Citigroup exits Russia, closer to completing strategic divestitures
By Tatiana BautzerFeb 18 (Reuters) - Citigroup C.N announced on Wednesday the sale of its former Russian subsidiary to Renaissance Capital, a transaction already approved by regulators and which completes Citi’s full exit from the country. Citigroup shares opened higher and were up 2.4% in morning ...Reuters
6 hours ago
FOREX-Euro dips on reports ECB chief to leave, dollar extends gains after data
Kiwi falls as RBNZ holds rates, says policy to remain accommodativeDollar strengthens after US dataYen weakens as Japan set to begin US investmentsBy Chuck Mikolajczak NEW YORK, Feb 18 (Reuters) - The euro declined on Wednesday after a report that European Central Bank (ECB) President Christine L...Reuters
6 hours ago
