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BUZZ-COMMENT-US recap: EUR/USD rises as dollar slumps to two-month low
Feb 20 (Reuters) - Dollar index fell to a two-month low on Thursday as narrowing U.S.-Japan yield differentials helped propel the yen to a year-to-date high, while short-covering ahead of European PMI data on Friday and German elections over the weekend buoyed the euro. Treasury yields eased followi...Reuters
26 minutes ago
CORRECTED-ANALYSIS-US companies swap dollar bonds into euros to lower funding costs
Corrects title in paragraph 9Demand for cross-currency swaps from dollars into euros growingCompanies swap existing dollar debt into euros to save millionsSwap supply tempered on risks dollar strength may not persistSwaps rise as macro environment uncertain on Trump policiesBy Shankar Ramakrishnan a...Reuters
3 hours ago
FOREX-US dollar retreats on 'tariff fatigue'; yen surges on BOJ rate hike bets
Euro gains after three straight days of lossesYen surges to 11-week highs Traders monitor geopoliticsUS jobless claims rise in latest weekPhilly Fed index drops in FebruaryRecasts, adds new comment, US data, FX table, byline, NEW YORK dateline; updates pricesBy Gertrude Chavez-Dreyfuss and Lucy Rait...Reuters
3 hours ago
Bank of Mexico says it might cut interest rate by 50 basis points again
Adds details on from Banxico minutes in paragraphs 6-8By Natalia Siniawski MEXICO CITY, Feb 20 (Reuters) - The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy meetings and could "consider adjusting it in similar magnitudes&#...Reuters
4 hours ago
BUZZ-COMMENT- Yen's appeal grows stronger as risk appetite falters
A fifteen-year high in JGB yields, a U.S. economic slowdown, bearish seasonals, and geopolitical discord create a challenging environment for USD/JPY bulls.On Thursday, USD/JPY hit a year-to-date low as U.S. stocks and Treasury yields declined following weak economic data and Walmart’s cautious outl...Reuters
4 hours ago
Bank of Mexico says it might cut interest rate by 50 basis points again
MEXICO CITY, Feb 20 (Reuters) - The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy meetings and could "consider adjusting it in similar magnitudes" to the latest 50 basis points reduction.Reuters
5 hours ago
Market jitters over trade fade as investors call 'Tariff Man' Trump's bluff
Markets show reduced sensitivity to U.S. tariff newsInvestors shift focus to Ukraine ceasefire, China tech Some fear markets are complacent By Alun John and Naomi Rovnick LONDON, Feb 20 (Reuters) - The outsized swings in markets on the back of Donald Trump's every word on tariffs just weeks a...Reuters
5 hours ago
FOREX-Dollar subdued as traders weigh tariffs; yen surges on BOJ bets
Dollar eases as traders assess tariffsYen surges to two-month high Traders monitor geopoliticsUpdates latest price movesBy Lucy Raitano LONDON, Feb 20 (Reuters) - The dollar eased against a range of currencies on Thursday, as investors digested U.S. President Donald Trump's latest tariff plan...Reuters
5 hours ago
BUZZ-COMMENT-Window of opportunity for EUR/USD to retest 1.05
Feb 20 (Reuters) - With a look to the upcoming flash PMIs out of the euro area, there is a window of opportunity for EUR/USD retesting 1.0500-30. ECB hawks have opened up the debate for a possible pause in rate cuts as soon as the April meeting. However, given the looming threat of tariffs, this loo...Reuters
6 hours ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.4205 to the greenback, or 70.4 U.S. cents, after trading in a range of 1.4197 to 1.4244.Canadian government 10-year bond yields CA10Y...Reuters
6 hours ago
American travellers push Swiss tourism to record numbers in 2024
recasts, adding comment, statisticsBy John RevillZURICH, Feb 20 (Reuters) - American tourists helped the Swiss hotel industry reach a record number of overnight stays in 2024, the government said on Thursday, as the stronger dollar and inflation abroad made Alpine trips more attractive.The influx of...Reuters
6 hours ago
CAD lags peers and holds range – Scotiabank
The Canadian Dollar (USD) is a little firmer on the session but it is lagging its commodity peers (AUD, NZD) and the spot market is still essentially range trading and awaiting developments, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
6 hours ago
U.S. Treasury's Bessent says terming out U.S. debt issuance 'long way off', Bloomberg reports
Feb 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said any move to increase the share of longer-term treasuries in government debt issuance is some way off, given hurdles including the Federal Reserve’s quantitative tightening program, Bloomberg News reported on Thursday. “That’s a long way o...Reuters
7 hours ago
Sterling edges up as investors await data
LONDON, Feb 20 (Reuters) - The pound edged up on Thursday, as traders awaited UK data on consumer spending and business activity after this week's hot inflation print complicated the outlook for Bank of England monetary policy. Sterling GBP=D3 was last at $1.261, up 0.2% against the dollar by 11...Reuters
8 hours ago