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FOREX-Dollar advances after data implies stable economy
US jobless claims fallEuro declines on ECB leadership speculationFed divided on rate cuts, market cautiousBy Chuck Mikolajczak NEW YORK, Feb 19 (Reuters) - The dollar rose for a fourth straight session on Thursday after data indicated the economy was stable, giving the Federal Reserve leeway to h...Reuters
26 minutes ago
IMF says Venezuela's economic and humanitarian situation is 'quite fragile'
WASHINGTON, Feb 19 (Reuters) - Venezuela's economic and humanitarian situation is "quite fragile," the International Monetary Fund said on Thursday, adding that it was seeing inflation estimated to be in triple digits and a rapid depreciation of the currency.IMF spokeswoman Julie Kozack ...Reuters
an hour ago
IMF says encouraged by Argentina's $2 billion in forex purchases this year
WASHINGTON, Feb 19 (Reuters) - The International Monetary Fund said on Thursday that continued reserve accumulation by Argentina is essential for securing durable access to private credit markets after the central bank has purchased over $2 billion in foreign currency since the start of 2026.IMF spo...Reuters
an hour ago
IMF to release US economic policy review Feb. 25
WASHINGTON, Feb 19 (Reuters) - The International Monetary Fund said on Thursday it will release a long-awaited initial annual review of U.S. economic policies under the Trump administration on February 25, including assessments of U.S. fiscal, trade and current account deficits and a broad assessmen...Reuters
an hour ago
EUR/USD falls to four-week low on strong US Jobless Claims, Philly Fed data
EUR/USD extends its decline on Thursday, sliding to its lowest level since January 23 as fading expectations for near-term Federal Reserve (Fed) interest rate cuts support the US Dollar (USD) and weigh on the Euro (EUR).
Fxstreet
3 hours ago
EUR/GBP holds gains as UK data fuels BoE cut bets
The Euro (EUR) holds firms against the British Pound (GBP) on Thursday as growing expectations of Bank of England (BoE) interest rate cuts weigh on the Pound. At the time of writing, EUR/GBP is trading around 0.8737, easing slightly after approaching the 0.8750 level.
Fxstreet
4 hours ago
USD/CHF strengthens as hawkish Fed tone outweighs Swiss data
The Swiss Franc (CHF) edges lower against the US Dollar (USD) on Thursday, pressured by renewed strength in the Greenback. At the time of writing, USD/CHF is trading around 0.7750, rebounding after touching an intraday low near 0.7694.
Fxstreet
5 hours ago
FOREX-Dollar stays clear of lows, Fed split over rate outlook
Fed minutes show no rush to cut rates, some open to hikesDollar holds gains, euro stabilises after Lagarde reportsBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Feb 19 (Reuters) - The dollar held above its recent lows on Thursday after minutes from the Federal Reserve showed policymaker...Reuters
5 hours ago
Brady Q2 sales rise 7.7%, EPS guidance raised
OverviewIdentification solutions provider's fiscal Q2 revenue rose 7.7% yr/yrAdjusted EPS for fiscal Q2 increased 9% yr/yrCompany raised low end of full-year EPS guidanceOutlookBrady raises full-year GAAP EPS guidance to $4.62-$4.82 per shareCompany increases full-year adjusted EPS guidance to $...Reuters
5 hours ago
SEK: Inflation risks and rate path debate – Commerzbank
Commerzbank’s Antje Praefcke notes that Swedish inflation data may gain importance as core inflation fell to 1.7% and could drop further below the 2% target. Deputy Governor Per Jansson has opened the door to a March rate cut, contrasting with Riksbank guidance for unchanged rates.
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
6 hours 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
6 hours 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
6 hours 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
7 hours 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
7 hours ago
