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USD/CAD treads water above 1.4150 ahead of US PMI data

USD/CAD moves little after registering losses in the previous session, trading around 1.4170 during the Asian hours on Friday.
New
update2025.02.21 12:11

WTI consolidates below mid-$72.00s; seems poised to register gains for the first time in five weeks

West Texas Intermediate (WTI) US Crude Oil prices oscillate in a narrow trading range band during the Asian session on Friday and consolidate gains registered over the past four days.
New
update2025.02.21 12:04

GBP/USD remains above 1.2650 near two-month highs

GBP/USD edged lower after hitting a two-month high of 1.2674 on Friday, trading around 1.2670 at the time of writing during the Asian session.
New
update2025.02.21 11:48

USD/INR softens ahead of Indian/US PMI releases

The Indian Rupee (INR) gains ground on Friday after reaching a one-week high in the previous session.
New
update2025.02.21 11:40

Japanese Yen retreats sharply from over two-month high against USD

The Japanese Yen (JPY) attracts some sellers on Friday in reaction to comments from Japan's Finance Minister, Katsunobu Kato, saying that higher long-term rates can pressure Japan's fiscal situation.
New
update2025.02.21 11:34

Australian Dollar depreciates despite stronger Judo Bank PMI, Bullock's cautious speech

The Australian Dollar (AUD) edges lower against the US Dollar (USD) following the release of Judo Bank's Purchasing Managers Index (PMI) on Friday.
New
update2025.02.21 10:46

RBNZ's Conway: OCR forecasts indicate another 75 basis points (bps) easing

Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway noted on Friday, "Official Cash Rate (OCR) forecasts indicate another 75 basis points (bps) easing." Additional quotes New Zealand Dollar (NZD) drop will boost export revenues.
New
update2025.02.21 10:44

BoJ's Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits

Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that "from a long-term perspective, rising interest rates will help improve financial institutions' profits." Additional quotes BoJ's massive monetary easing, including yield curve control (YCC), was a necessary process towards achieving our price target.
New
update2025.02.21 10:34

NZD/USD posts modest gains above 0.5750 ahead of US PMI release

The NZD/USD pair extends the rally to around 0.5765 during the early Asian session on Friday, pressured by the softer US dollar (USD).
New
update2025.02.21 10:19

PBOC sets USD/CNY reference rate at 7.1696 vs. 7.1712 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1696 as compared to the previous day's fix of 7.1712 and 7.2433 Reuters estimates.
New
update2025.02.21 10:15

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