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Pres. Trump on X: I will charge a reciprocol tariff. No more. No less.
The big balls are all in the air.....
USD

Forex Today: What if the RBA…?
The US Dollar alternated gains with losses in the area of two-month lows in a context of marginal trading conditions amid the inactivity in the US markets due to the Washington’s Day holiday.
RBA
Australia
AUDUSD
Currencies
EURUSD

US Dollar down while traders American were on the sidelines on President's Day
The US Dollar Index (DXY), which tracks the US Dollar's performance against six major currencies, trades flat on Monday as traders monitor new geopolitical developments.
DollarIndex
SEO
Currencies
Fed

USDJPY completes an up and down lap and looks toward the 2025 low
What technical levels are in play and why for the USDJPY this week?
JPY
USD

Canadian Dollar flatlines on holiday Monday
The Canadian Dollar (CAD) was flat on Monday, driven into the middle by a complete lack of market volume.
USDCAD
SEO
CPI

ECB's Holzmann: The case for another rate cut is getting harder to make
European Central Bank (ECB) Governing Council member and head of the Austrian central bank, Oesterreichische Nationalbank (OeNB) noted on Monday that warning signs that the ECB may undershoot inflation targets are growing, but overall inflation figures are still lopsided and make policy moves difficult.
ECB
CentralBanks
Inflation

German DAX closes at a new record
Gains for the European indices to start the new trading week
Stocks

Fed's Bowman: High asset prices may have impeded inflation progress
Federal Reserve (Fed) Board of Governors member Michelle Bowman noted on Monday that the Fed's recent progress on inflation may have been hampered by rising asset prices.
Fed
CentralBanks
Inflation

USD/JPY slides to near 151.50 as Japanese Yen strengthens on robust GDP growth
The USD/JPY pair slumps to near 151.40 in Monday’s North American session.
USDJPY
BOJ
GDP
TradeWar
DollarIndex

Fed's Harker: Current economy argues for steady rate policy for now
Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday that the current economy argues for a steady policy for now, as reported by Reuters.
Fed
CentralBanks

Risks around the RBA and RBNZ meetings – Standard Chartered
We and the market expect RBA to cut the cash rate by 25bps at the 18 February meeting.
AUDUSD
AUDNZD
RBNZ
RBA
Banks

USD/CAD steadies below 1.4200 as USD finds support near two-month low
The USD/CAD pair ticks higher to near 1.4190 in Monday’s North American session after rebounding from a two-month low of 1.4150, which it posted on Friday.
USDCAD
Inflation
Fed
BOC
TradeWar

Canada Housing starts for January come in at 239.7K vs 252.5K est (annuallzed)
Canada Housing starts for January 2025
CAD


ForexLive European FX news wrap: Yen holds firm in quieter start to the new week
Forex news from the European morning session on Feb 17, 2025
Session wrap
Wrap Europe

US Dollar steady with US markets closed despite geopolitical headlines
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading around 106.80 for the bigger part of this Monday while traders mull any possible outcomes from this week's meeting in
DollarIndex
Macroeconomics
UnitedStates
SEO

WTI trades cautiously above $70 as investors await Russia-Ukraine peace talks
West Texas Intermediate (WTI), futures on NYMEX, trades with caution above the seven-week low of $70.15 in Monday’s European session.
Oil
WTI
RussianFederation
OPEC
SaudiArabia

China's NPC standing committee to hold 14th meeting session next week
State media, Xinhua new agency, reports
CNY

Russia's Novak denies talk about delaying return of OPEC+ supply
Novak shoots down the report from earlier
Oil

RBA is expected to deliver its first 25bp rate cut – Danske Bank
Both AUD and NZD ended last week on a strong footing amid broadly positive risk sentiment, but this week might bring more mixed winds for the antipodeans, Danske Bank's FX analyst Mohamad Al-Saraf reports.
NZDUSD
RBNZ
AUDUSD
RBA
Banks

EUR/USD tussles as investors assess Trump tariffs threats on the Eurozone
EUR/USD tussles to extend its upside move above the psychological resistance of 1.0500 in Monday’s North American session.
EURUSD
ECB
Fed
TradeWar
SEO

OPEC+ reportedly mulling pushing back oil supply increases that are due in April
Bloomberg reports, citing OPEC+ delegates on the matter
Oil

Oil prices are under pressure this morning – ING
Despite the downward pressure on oil prices through much of last week, the market still managed to eke out a small gain with ICE Brent settling 0.11% higher on the week.
Oil
Energy
Banks

AUD/USD refreshes two-month high near 0.6370 ahead of RBA monetary policy
The AUD/USD pair posts a fresh two-month low at 0.6373 in Monday’s European session.
AUDUSD
RBA
RetailSales
RiskAppetite
InterestRate

Bailey speech: Q4 GDP figures do not change general story on the UK economy
Bank of England (BoE) Governor Andrew Bailey said on Monday that the fourth quarter Gross Domestic Product (GDP) figures do not change general story on the UK economy.

Eurozone December trade balance €15.5 billion vs €16.4 billion prior
Latest data released by Eurostat - 17 February 2025
EUR

Weekly update on interest rate expectations
What are the market expectations for interest rates for G8FX
market overview

ECB has scope to deliver on rate cut expectations – BBH
EUR/USD is consolidating just under 1.0500. Over the weekend, ECB Governing Council member Fabio Panetta argued for looser monetary policy , BBH's FX analysts report.
EURUSD
ECB
InterestRate
Banks

Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Commodities
Metals

SNB total sight deposits w.e. 14 February CHF 432.5 bn vs CHF 438.1 bn prior
Latest data released by the SNB - 17 February 2025
CHF

Pound Sterling stays calm ahead of UK employment and inflation data
The Pound Sterling (GBP) trades steady against its major peers at the start of the week as investors turn cautious ahead of the United Kingdom (UK) employment data for three months ending December, which will be released on Tuesday.
GBPUSD
Fed
BOE
Employment
SEO

Market Outlook for the Week of 17th-21st February
The highlights of the week include inflation data for U.K. and Canada, along with RBA and RBNZ monetary policy announcements
GBP
AUD
CAD
NZD