ningzhen

Here is what you need to know on Wednesday, February 26: The US Dollar (USD) holds its ground against its rivals early Wednesday as markets adopt a cautious stance. The US economic calendar will feature New Home Sales data for January. Later in the American session, Atlanta Federal Reserve President

Sharp drop could extend; any decline is likely to remain within a lower range of 1.2600/1.2670. In the longer run, momentum is slowing; a breach of 1.2580 would indicate that 1.2730 is out of reach this time around, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Momentum is slowing 24-H

NZD/USD drifts higher to near 0.5760 in Monday’s early European session, up 0.31% on the day. China’s plan to revitalize the agriculture sector and boost consumption lifts the China-proxy Kiwi. The downbeat US PMI data undermine the US Dollar and create a tailwind for the pair. The NZD/USD pair gain

European Central Bank policymaker and Bank of France head, Francois Villeroy de Galhau, said on Saturday that the ECB could cut its deposit rate down to 2% by this summer, per Reuters. “Seen from where we are today, we could be at 2% by the coming summer,” said Villeroy de Galhau. Market reaction At

LME copper retreated from over three-month highs on Monday, while the benchmark cash-to-three-month spread – having moved into backwardation for the first time since June 2023 on Friday – has now eased back to contango. Short-covering on the LME ahead of contract expiry amid expectations of US tarif

AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world's largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T (T) Monthly Chart September 2024 &nb