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ECB’s Kazaks: I think we have to continue cutting rates
ECB’s Kazaks: I think we have to continue cutting rates
European Central Bank (ECB) policymaker Martins Kazaks commented on the Bank’s path forward on interest rate cuts.
ECB
CentralBanks
InterestRate
EURUSD
ECB’s Nagel: We should take one step at a time and not rush rate cuts
ECB’s Nagel: We should take one step at a time and not rush rate cuts
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Tuesday, “we should take one step at a time and not rush rate cuts.” Additional comments Inflation outlook is fairly encouraging.
ECB
CentralBanks
InterestRate
EURUSD
ECB: Euro area’s negotiated wages advance 4.12% YoY in Q4 2024 vs. 5.43% in Q3
ECB: Euro area’s negotiated wages advance 4.12% YoY in Q4 2024 vs. 5.43% in Q3
On Tuesday, the European Central Bank (ECB) released its indicator of the Euro area’s negotiated wages data for the fourth quarter (Q4) of 2024.
ECB
EconomicIndicator
Prices
EURUSD
Eurozone
Markets cautious but not fearful on Trump tariffs for now
Markets cautious but not fearful on Trump tariffs for now
Trump said overnight that tariffs against Canada and Mexico will go forward next week
market overview
Silver price today: Silver falls, according to FXStreet data
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Silver
Commodities
Metals
EUR/GBP maintains position near 0.8300 following German GDP data
EUR/GBP maintains position near 0.8300 following German GDP data
EUR/GBP continues its upward momentum for the second consecutive day, hovering around 0.8290 during European trading hours.
EURGBP
Crosses
Macroeconomics
Germany
WTI rises to near $71.00 following fresh US sanctions on Iran’s Oil
WTI rises to near $71.00 following fresh US sanctions on Iran’s Oil
West Texas Intermediate (WTI) Oil price continues its upward momentum for the second consecutive day, trading around $70.90 per barrel during European hours on Tuesday.
Oil
WTI
Commodities
TradeWar
Macroeconomics
European equities open mostly lower to kick start the day
European equities open mostly lower to kick start the day
A softer mood as the session gets underway
Pound Sterling flattens while BoE Dhingra supports quick monetary expansion cycle
Pound Sterling flattens while BoE Dhingra supports quick monetary expansion cycle
The Pound Sterling (GBP) trades sideways against its major peers on Tuesday as investors look for fresh cues about the likely monetary policy action by the Bank of England (BoE) this year.
GBPUSD
Fed
BOE
TradeWar
SEO
Crude oil price today: WTI price bullish, according to FXStreet data
Crude oil price today: WTI price bullish, according to FXStreet data
West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data.
Oil
WTI
Commodities
Bullish
PBOC Advisor: China's CPI will decline moderately in February
PBOC Advisor: China's CPI will decline moderately in February
Huang Yiping, an advisor to the People’s Bank of China (PBOC) said on Tuesday that “Chinese Consumer Price Index (CPI) will decline moderately in February.” Additional quotes Changes in external environment will increase pressure on expanding domestic demand this year.
China
PBOC
Inflation
What are the main events for today?
What are the main events for today?
The US Consumer Confidence report is the only highlight but watch out for Trump signing more executive orders
market overview
Forex Today: Markets remain choppy ahead of mid-tier data releases
Forex Today: Markets remain choppy ahead of mid-tier data releases
Here is what you need to know on Tuesday, February 25: Major currency pairs failed to make a decisive move in either direction on Monday amid a lack of high-tier data releases.
Majors
Currencies
Macroeconomics
EconomicIndicator
Commodities
NZD/USD holds positive ground above 0.5700 as China unveils action plan to stabilize foreign investment
NZD/USD holds positive ground above 0.5700 as China unveils action plan to stabilize foreign investment
The NZD/USD pair trades in positive territory around 0.5735 during the early European session on Tuesday.
NZDUSD
Majors
Macroeconomics
Eurostoxx futures -0.4% in early European trading
Eurostoxx futures -0.4% in early European trading
The negative mood carries over from the selling in Wall Street yesterday
Germany Q4 final GDP -0.2% vs -0.2% q/q prelim
Germany Q4 final GDP -0.2% vs -0.2% q/q prelim
Latest data released by Destatis - 25 February 2025
EUR/JPY loses momentum to near 156.50 on BoJ rate hike bets
EUR/JPY loses momentum to near 156.50 on BoJ rate hike bets
EUR/JPY softens to near 156.65 in Tuesday’s early European session.
EURJPY
Crosses
Macroeconomics
USD/CHF stays near 0.8950, downside seems possible due to a weaker US Dollar
USD/CHF stays near 0.8950, downside seems possible due to a weaker US Dollar
USD/CHF remains under pressure for the fourth consecutive session, hovering around 0.8970 during Asian trading hours on Tuesday.
USDCHF
Macroeconomics
Majors
Switzerland
SNB
German politics fail to inspire EUR/USD breakout for now
German politics fail to inspire EUR/USD breakout for now
The pair once again failed to secure a firm break of the 1.0500 mark
USD/JPY nudges back lower with bond yields in focus
USD/JPY nudges back lower with bond yields in focus
The pair falls back after a brief bounce back above 150.00 earlier in the day
USD/CAD remains depressed below mid-1.4200s amid weaker USD, rebounding Oil prices
USD/CAD remains depressed below mid-1.4200s amid weaker USD, rebounding Oil prices
The USD/CAD pair drifts lower following an Asian session uptick to the 1.4275-1.4280 region, or a one-and-half-week top and for now, seems to have snapped a two-day winning streak.
USDCAD
Fed
InterestRate
BOC
Currencies
EUR/CAD steadies around 1.4900, upside appears due to Trump tariff threats on Canada
EUR/CAD steadies around 1.4900, upside appears due to Trump tariff threats on Canada
EUR/CAD remains steady after registering gains in the previous four consecutive sessions, trading around 1.4920 during the Asian hours on Tuesday.
EURCAD
Crosses
Macroeconomics
TradeWar
FX option expiries for Feb 25 NY cut
FX option expiries for Feb 25 NY cut
FX option expiries for Feb 25 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options
ForexLive Asia-Pacific FX news wrap: USD/JPY tested 150.30 but dribbled back under 150.00
ForexLive Asia-Pacific FX news wrap: USD/JPY tested 150.30 but dribbled back under 150.00
Forex news for Asian trading on Tuesday, February 25, 2025
Session wrap
Wrap Asia
US President Trump’s team seeks to strengthen chip controls on China
US President Trump’s team seeks to strengthen chip controls on China
Bloomberg reported in a gated story carried early Tuesday, US President Donald Trump’s administration seeks to tighten chip controls on China.
China
UnitedStates
TradeWar
AUDUSD
Trump's admin is seeking to further tighten chip controls on China
Trump's admin is seeking to further tighten chip controls on China
Considering tighter controls on Nvidia (NVDA) chip exports to China
China Stock Market
China
USD/KRW gives up 1,430 after BoK’s expected 25 bps rate cut
USD/KRW gives up 1,430 after BoK’s expected 25 bps rate cut
Bank of Korea (BoK) Governor Rhee Chang-yong explained the reasons behind the interest rate cut decision in his post-policy meeting press conference on Tuesday.
USDKRW
SouthKorea
InterestRate
CentralBanks
Japanese Yen strengthens further against USD; USD/JPY slides to mid-149.00s
Japanese Yen strengthens further against USD; USD/JPY slides to mid-149.00s
The Japanese Yen (JPY) drifts lower for the second straight day, which, along with a further US Dollar (USD) recovery from over a two-month low, lifts the USD/JPY pair back above the 150.00 psychological mark during the Asian session on Tuesday.
USDJPY
BOJ
InterestRate
Inflation
SEO
NZD/USD remains subdued below 0.5750 amid a downbeat market sentiment
NZD/USD remains subdued below 0.5750 amid a downbeat market sentiment
The NZD/USD pair continues its losing streak for the third consecutive day, trading around 0.5730 during Asian hours on Tuesday.
NZDUSD
TradeWar
Macroeconomics
Majors
NewZealand
USD/INR climbs on firm US Dollar demand, foreign fund outflows
USD/INR climbs on firm US Dollar demand, foreign fund outflows
The Indian Rupee (INR) edges lower on Tuesday. The local currency remains under pressure amid US Dollar (USD) demand from oil companies and external foreign investor pressures.
USDINR
India
SEO
Macroeconomics
EmergingMarkets
PBOC conducts one-year Medium-term Lending Facility for CNY300 bn at 2.0%
PBOC conducts one-year Medium-term Lending Facility for CNY300 bn at 2.0%
The People’s Bank of China (PBOC), China's central bank, injected CNY300 billion on Tuesday via the one-year Medium-term Lending Facility (MLF), maintaining the rate at 2%.
PBOC
China
AUDUSD
InterestRate
Australian Dollar remains stable, upside seems limited due to heightened risk aversion
Australian Dollar remains stable, upside seems limited due to heightened risk aversion
The Australian Dollar (AUD) recovers its daily losses as the US Dollar (USD) weakens amid declining US Treasury yields on Tuesday.
AUDUSD
SEO
TradeWar
Macroeconomics
Australia
Chinese tech giants are ramping up orders for Nvidia’s H20 AI chip
Chinese tech giants are ramping up orders for Nvidia’s H20 AI chip
To meet rising demand for DeepSeek’s cost-effective AI models
China Stock Market
China
PBOC sets USD/CNY reference rate at 7.1726 vs. 7.1717 previous
PBOC sets USD/CNY reference rate at 7.1726 vs. 7.1717 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1726 as compared to the previous day's fix of 7.1717.
USDCNY
PBOC
CentralBanks
Currencies
Trump says wants the Keystone XL pipeline built
Trump says wants the Keystone XL pipeline built
Says the company building the pipeline should come back to America and get it built
JP Morgan see "tariff headline news flow risk as a continuous theme" through 2025
JP Morgan see "tariff headline news flow risk as a continuous theme" through 2025
“We do not think that we are out of the woods on this front"
Politics
SPX
USD
Fed's Goolsbee: Supports wait-and-see on Trump policies
Fed's Goolsbee: Supports wait-and-see on Trump policies
Federal Reserve Bank of Chicago President Austan Goolsbee said late Monday that the US central bank needs more clarity before going back to cut the interest rates.
Fed
CentralBanks