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Sterling steadies after three-day fall as investors pause following dovish data
By Niket Nishant LONDON, Feb 19 (Reuters) - Britain's pound held steady against the dollar on Thursday, stabilising after three consecutive days of losses as investors took a breather following the release of economic data that bolstered the case for further interest rate cuts. Sterling GBP=...Reuters
16 minutes ago
Canada's MTY Food beats Q4 revenue estimates, swings to profit
OverviewCanada restaurant franchisor's Q4 revenue rose, beating analyst expectationsNet income for Q4 improved significantly, reversing a loss from previous yearCompany initiated strategic review process to enhance shareholder valueOutlookMTY anticipates improvement in store openings pace in upc...Reuters
42 minutes ago
Deere Q1 sales beat; sees recovery in construction and small agriculture demand
OverviewAgricultural machinery maker's Q1 net sales rose 13%, beating analyst expectationsNet income for Q1 decreased 25% yr/yr to $656 mlnOutlookDeere forecasts fiscal 2026 net income between $4.5 bln and $5.0 blnCompany plans to launch innovative products across all business segmentsDeere sees...Reuters
46 minutes ago
UK industrial orders remain in the doldrums, CBI says
LONDON, Feb 19 (Reuters) - British industrial orders have fallen heavily again and price pressures remain high, the Confederation of British Industry said on Thursday.The CBI's monthly order book balance stood at -28 in February compared with -30 in January. The index level remains well below it...Reuters
58 minutes ago
RPT-ROI-Hawks circle as top two central banks switch leaders :Mike Dolan
By Mike Dolan LONDON, Feb 19 (Reuters) - If the world economy is shifting into a boom that risks overheating, the case for more hawkish central bankers will grow louder — just as the top jobs at the Federal Reserve and European Central Bank come into play.Markets have been obsessing for months ab...Reuters
58 minutes ago
AUD/USD Price Forecast: Advancing 20-day EMA backs more upside
The AUD/USD pair trades 0.27% higher to near 0.7065 during the European trading session on Thursday. The Aussie pair gains as the Australian Dollar (AUD) outperforms, following the release of the labor market data for January.
Fxstreet
2 hours ago
EMERGING MARKETS-EM currencies, stocks subdued as geopolitical tensions heighten uncertainty
MSCI EM FX down 0.2%, stocks flat Ukraine bonds stabilize after declinesUS Fed minutes show policymakers split over future policyPhilippine central banks cuts rates, Indonesia holds By Purvi Agarwal Feb 19 (Reuters) - Most emerging market currencies edged lower while stocks were treading water on...Reuters
2 hours ago
COMMENT-Much has been said about the US dollar but very little has changed
Much has been said about the U.S. dollar coming under scrutiny after a surprising slide in a risk‑averse environment, but little has actually changed. Its modest decline during the U.S. trade conflict is more likely to be followed by a rebound than a further fall.There is little evidence of a "S...Reuters
3 hours ago
FOREX-Dollar stays clear of lows, Fed divided over rates outlook
Fed minutes show no rush to cut rates, some open to hikesDollar holds gains, euro stabilises after Lagarde reportsKiwi falls after central bank's cautious stance on rate hikesBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Feb 19 (Reuters) - The dollar dipped on Thursday, but held above ...Reuters
3 hours ago
SNB establishes basis for extended liquidity facility
BERLIN, Feb 19 (Reuters) - The Swiss National Bank has set out in more detail the framework for its Extended Liquidity Facility (ELF) to provide liquidity support to banks domiciled in Switzerland, it said on Thursday.It added that it has defined a standardised and scalable process for the ELF to en...Reuters
3 hours ago
