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USD/CAD holds steady above mid-1.4300s; seems vulnerable amid bearish USD
The USD/CAD pair kicks off the new week on a subdued note and oscillates in a narrow band above mid-1.4300s, or the lower end of a one-week-old trading range, during the Asian session.
NZD/USD rises above 0.5750 as China's Retail Sales YoY increase in January-February
NZD/USD continues its upward momentum for the second consecutive day, trading around 0.5760 during Asian hours on Monday.
Japanese Yen consolidates against USD; bullish bias remains amid divergent BoJ-Fed expectations
The Japanese Yen (JPY) seesaws between tepid gains/minor losses against its American counterpart during the Asian session on Monday amid mixed fundamental cues.
USD/INR weakens ahead of Indian WPI inflation, US Retail Sales data
The Indian Rupee (INR) strengthens on Monday. The concerns about slowing growth in the US economy from US President Donald Trump administration's trade policies weigh on the Greenback and provide some support to the INR.
China's NBS: Economy remains resilient but external environment becoming more complex and severe
Following the publication of the high-impact China's February activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.
Australian Dollar holds gains following China's economic figures
The Australian Dollar (AUD) remains steady against the US Dollar (USD) following the release of China's economic data on Monday.
China's January-February Retail Sales rise 4%, Industrial Production up 5.9%
China's January-February Retail Sales increased by 4% year-over-year (YoY) vs.
PBOC sets USD/CNY reference rate at 7.1688 vs. 7.1738 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1688 as compared to Friday's fix of 7.1738 and 7.2199 Reuters estimate.
Houthis attack US warships in response to airstrikes
The Houthis announced on Sunday that they launched an attack comprising 18 ballistic and cruise missiles as well as drones, targeting the USS Harry S Truman aircraft carrier and its accompanying warships in the northern Red Sea.
EUR/USD holds ground below 1.0900 ahead of US Retail Sales data
EUR/USD remains steady around 1.0880 during Asian trading hours, with the US Dollar (USD) holding firm ahead of Monday's Retail Sales data release.
GBP/USD consolidates below mid-1.2900s; downside potential seems limited
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, around the 1.2930 region during the Asian session.
ECB's Villeroy: Euro should take on a more important role internationally
European Central Bank Governing Council member and Governor of the Banque de France, Francois Villeroy de Galhau, said over the weekend that the Euro should take on a more important role internationally.
US envoy says Trump and Putin to hold call on ceasefire deal soon
Donald Trump's envoy Steve Witkoff said on Sunday that he expected the US President to speak with Russian President Vladimir Putin this week, saying that Putin "accepts the philosophy" of Trump's ceasefire and peace terms, per the Guardian.
ECB's de Guindos: Uncertainty now higher than during Covid
European Central Bank Vice President Luis de Guindos said late Sunday that US President Donald Trump's policies are causing more uncertainty for the economy than there was during COVID, per Bloomberg.
US Treasury Sec. Scott Bessent: Correction in the markets is healthy
US Treasury Secretary Scott Bessent said late Sunday that he was not worried about the stock market, which has slumped multiple times amid US President Donald Trump's tariff threats.
AUD/USD gains ground above 0.6300 ahead of Chinese data
The AUD/USD pair gathers strength to near 0.6325 during the early Asian session on Monday.
China launches special initiatives to boost consumption and raise incomes
China has vowed to revive consumption by raising people's incomes as a key driver of economic growth, the official Xinhua News Agency reported on Sunday.
China's Shenzhen announces eased housing finance rules
On Sunday, China's local government in the southern city of Shenzhen will further relax policy on housing provident fund loans as Shenzhen is looking to spur property sales further and help clear the overhang, per Bloomberg.
Mark Carney becomes new Canadian Prime Minister, vows to meet Trump at the table
Newly-minted Canadian Prime Minister Mark Carney took over the reigns of Canada from now-former Prime Minister Justin Trudeau on Friday morning, and the fresh Canadian leader wasted no time in declaring his intent to meet US President Donald Trump head-on as the Trump administration spools up a messy, global trade war with nearly all of the US's closest trading partners simultaneously.
Banxico: Uncertainty clouds Mexico's economic horizon - El Financiero
Banco de Mexico (Banxico) Director of Economic Research Alejandrina Salcedo Cisneros said that uncertainty is having a widespread impact on the country's businesses, so the outlook points to a moderate expansion of regional economies.
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