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China's Caixin Services PMI surprisingly jumps to 51.4 in February vs. 50.8 expected
China's Services Purchasing Managers' Index (PMI) unexpectedly firmed to 51.4 in February from 51 in January, the latest data published by Caixin showed Wednesday.
Australian Dollar holds gains following key economic data release
The Australian Dollar (AUD) extends its gains for the third consecutive session on Wednesday.
China's Finance Ministry says will step up the pace of fiscal spending
China's finance ministry stated early Wednesday that the government will increase the intensity of fiscal spending and will adopt more proactive, sustainable, robust, and effective fiscal policies in 2025.
US President Donald Trump readies order to bolster US shipbuilders and punish China - WSJ
The Wall Street Journal reported early Wednesday that the Trump administration is preparing an executive order to bolster US shipbuilders and cut Chinese dominance of the global maritime industry.
China unveils 2025 growth goals around 5%
Chinese authorities said early Wednesday that it will target economic growth for 2025 around 5% and will target CPI for 2025 at 2%.
EUR/USD rallies hard as markets bet on tariff pivot
EUR/USD pinned the gas pedal on Tuesday, surging 1.4% and climbing 140 pips in a single session as markets sell off the US Dollar and bet that US President Donald Trump will find a reason to walk back his own tariff threats.
USD/CAD tumbles to near 1.4400 amid trade tensions
The USD/CAD pair extends the decline to near 1.4400 during the late American session on Tuesday.
NZD/JPY Price Forecast: Bounces off 7-month low, but downtrend remains
The NZD/JPY recovered some ground on Tuesday after dropping to a seven-month low of 83.15.
RBA's Hauser: Measures of global trade uncertainty are at 50-year highs
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said early Tuesday that the measures of global trade uncertainty are at 50-year highs.
USD/JPY Price Forecast: Rebounds but struggles at 150.00 amid bearish pressure
The USD/JPY advances some 0.17% late during the North American session, yet it remains shy of the 150.00 figure after slumping to a new year-to-date (YTD) low of 148.09.
Australia Gross Domestic Product set to show a modest uptick in the last quarter of 2024
Australian Gross Domestic Product is foreseen at 0.5% in the last quarter of 2024.
US Treasury Secretary Lutnick: Trump may roll back Canada and Mexico tariffs tomorrow
US Commerce Secretary Howard Lutnick, during a televised interview on Fox News, hinted that US President Donald Trump may be preparing to pivot on his own tariffs less than 48 hours after imposing them.
Canadian Dollar roils on Tuesday as US tariffs begin
The Canadian Dollar churn on the charts on Tuesday, roiling inside of its technical cage, but stuck close to the 1.4500 handle against the Greenback.
AUD/JPY Price Analysis: Sellers hit a wall after fresh multi-month lows
AUD/JPY experienced a sharp drop on Tuesday, reaching its lowest level since August 2024 before bouncing back.
Fed's Williams: We're beginning to factor in tariff impact on prices.
Federal Reserve (Fed) Bank of New York President John Williams spoke at the Bloomberg Invest Forum in New York on Tuesday, highlighting that although inflation pressures have eased and the US labor market appears strong, the Fedd will have to take a close look at fallout from the US' tariff actions.
Australian Dollar trades lower above 0.6200 as Trump imposes additional tariffs on China
The AUD/USD pair is down around 0.1% near 0.6220 on Tuesday.
Forex Today: Investors now look at the US labour market
The US Dollar extended its intense sell-off on Tuesday, retreating to levels last seen in early December as investors remained concerned over the health of the US economy ahead of key data releases in the US labour market.
US President Donald Trump vows to increase reciprocal tariffs on Canada
United States (US) President Donald Trump has hit the ground running on his latest tariffs, vowing to impose additional "reciprocal tariffs" on Canada in response to Canada's retaliatory trade actions against Trump's 25% tariff on all Canadian goods crossing the border into the US.
President Trump's Capitol address: The agenda takes shape
US President Donald Trump will address Congress from the US Capitol at around 02:00 GMT Wednesday, marking his first appearance before lawmakers since retaking the White House.
US Dollar slides further as tariff tensions escalate
The US Dollar Index (DXY), which measures the Greenback's value against six major currencies, suffers another leg lower on Tuesday, adding to Monday's losses and losing the key support of 106.00.
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