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Euro's Pullback Extends, While the Kiwi Shrugs Off Third Half-Point Cut by the RBNZ Euro's Pullback Extends, While the Kiwi Shrugs Off Third Half-Point Cut by the RBNZ Reviewed by Marc Chandler on February 19, 2025 Rating: 5
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Greenback Comes Back Firmer

February 18, 2025
Overview:  The US dollar enjoys a firmer tone against most of the G10 currencies in relatively quiet turnover. Ironically, the Australian dollar is the best performer and it is virtually flat, despite the beginning of the central bank's easing cycle earlier today. Governor Bullock pulled over a hawkish cut in the sense and futures market pushe…
Greenback Comes Back Firmer Greenback Comes Back Firmer Reviewed by Marc Chandler on February 18, 2025 Rating: 5
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Short Note on Presidents' Day

February 17, 2025
There are two notable developments today. First, Japan's Q4 GDP was stronger than expected and Q3 growth was revised higher. The net impact is a stronger yen, rise in Japanese rates, and slightly greater confidence that the BOJ will hike rates again, perhaps as early as June. Second, between US and Russian talks to end the war in Ukraine and U…
Short Note on Presidents' Day Short Note on Presidents' Day Reviewed by Marc Chandler on February 17, 2025 Rating: 5
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Week Ahead: RBA to Begin Easing Cycle and USD Downside Correction may be Nearly Over Week Ahead: RBA to Begin Easing Cycle and USD Downside Correction may be Nearly Over Reviewed by Marc Chandler on February 15, 2025 Rating: 5
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Eerie Calm in FX Market

February 11, 2025
(On a business trip and attending Trade Tech FX USA in Miami.  Commentary to resume with the Week Ahead on February 15.) Overview: The US announced that the 25% steel and aluminum tariffs will not be effective for a month (March 12), and this gives the impression that they are a negotiating tactic, which may help explain why there has been a muted…
Eerie Calm in FX Market Eerie Calm in FX Market Reviewed by Marc Chandler on February 11, 2025 Rating: 5
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USD Surrenders Most Gains Seen after Trump Threatens Steel and Aluminum Tariffs USD Surrenders Most Gains Seen after Trump Threatens Steel and Aluminum Tariffs Reviewed by Marc Chandler on February 10, 2025 Rating: 5
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Week Ahead: Firm US CPI may Underpin Dollar, Barring New Drama from Washington Week Ahead: Firm US CPI may Underpin Dollar, Barring New Drama from Washington Reviewed by Marc Chandler on February 08, 2025 Rating: 5
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