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ECB Review: Meaningfully less restrictive - Danske Bank
Today the ECB decided to cut the policy rate by 25bp, so the deposit rate now yields 2.50%.
EUR/USD Price Analysis: Bulls push above the 200-day SMA as rally extends
EUR/USD extended its rally on Thursday, climbing past the 200-day Simple Moving Average (SMA) after the European session, signaling strong bullish momentum.
Canada: Trade surplus explodes as exporters rush to beat tariffs - National Bank of Canada
While the magnitude of the move was surprising, there is no doubt about the cause of the explosion in the goods trade surplus in January, NBC's Jocelyn Paquet reports.
GBP/USD rally stalls near 1.2900 as trade war fears weigh on mood
The rally in the Pound Sterling stalled after sustaining three straight days of gains.
EUR/JPY finds temporary support as ECB cuts Deposit Facility rate by 25 bps to 2.5%
The EUR/JPY pair finds temporary support after sliding more than 0.75% intraday to near 159.20 in Thursday's North American session.
US: Initial Jobless Claims dropped to 221K last week
US citizens filing new applications for unemployment insurance decreased to 221K for the week ending March 1, as reported by the US Department of Labor (DOL) on Thursday.
GBP tags along with general FX trend - Scotiabank
Pound Sterling (GBP) briefly nudged above 1.29 for the first time since November.
CAD edges marginally lower - Scotiabank
The Canadian Dollar (CAD) is marginally weaker. Canada got a further, temporary concession from the US border tariff regime yesterday, with the White House announcing a one-month reprieve for the auto sector, Scotiabank's Chief FX Strategist Shaun Osborne notes, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD prone to weakness as investors ponder 'US exceptionalism' - Scotiabank
The USD is mixed to weaker overall on the session amid a broader slump in market sentiment.
EUR peaked above 1.08 ahead of ECB policy decision - Scotiabank
The ECB policy decision this morning is less about the expected 25bps cut--it's fully priced in--than how the policy outlook is communicated, Scotiabank's Chief FX Strategist Shaun Osborne notes.
US Dollar undergoes seismic shift with DXY down 3% in worst week since 2022
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is facing a pivotal change in its trading regime this week.
USD/CAD gains to near 1.4360 despite US Dollar declines
The USD/CAD pair moves higher to near 1.4360 in Thursday's European session despite the US Dollar (USD) extends its downside, suggesting significant weakness in the Canadian Dollar (CAD).
EUR/CHF: Domestic inflation continues to edge lower- Danske Bank
CHF was among the big losers yesterday with EUR/CHF rising 1.5% during yesterday's session, Danske Bank's FX analyst Kirstine Kundby-Nielsen reports.
EUR/USD: ECB meeting to have limited market impact - Danske Bank
EUR/USD has risen sharply this week, breaking well above 1.07 for the first time since the US election, with EUR optimism continuing in yesterday's session.
USD/JPY has a chance to edge lower - UOB Group
US Dollar (USD) could edge lower vs Japanese Yen (JPY), but any weakness is viewed as a lower 148.00/150.00 range.
NZD/USD can rise further - UOB Group
New Zealand Dollar (NZD) could rise further vs US Dollar (USD); overbought conditions suggest the major resistance at 0.5775 is out of reach for now.
China: Fiscal impulse as large as 1.9% of GDP - Standard Chartered
Official budget deficit set at 4% of GDP for 2025, versus 3% in 2024, signalling fiscal expansion.
NZD/USD refreshes weekly high near 0.5750 as China promises additional stimulus
The NZD/USD pair posts a fresh weekly high to near 0.5750 in Thursday's European session.
TRY: CBT continues cutting cycle while interest in FX continues unabated - ING
The central bank of Turkey will cut rates again by 250bp to 42.50% today, in line with market expectations.
SEK: Hot inflation supports SEK rally - ING
Sweden reported stronger-than-expected inflation figures for February this morning.
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