Market focus shifts to key macroeconomic data releases from US
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Here is what you need to know on Thursday, February 27: The US Dollar (USD) stays resilient against its peers in the European morning on Thursday as market participants gear for key data releases. The US economic calendar will feature Durable Goods Orders and Pending Home Sales figures for January, alongside the weekly Initial Jobless Claims report. Additionally, the US Bureau of Economic Analysis will release revisions to the fourth quarter Gross Domestic Product (GDP) growth. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.09% -0.24% 0.06% 0.84% 0.95% 1.01% -0.22% EUR 0.09% -0.24% -0.05% 0.74% 1.03% 0.91% -0.30% GBP 0.24% 0.24% 0.26% 0.98% 1.27% 1.16% -0.06% JPY -0.06% 0.05% -0.26% 0.79% 0.98% 1.04% -0.18% CAD -0.84% -0.74% -0.98% -0.79% 0.06% 0.17% -1.05% AUD -0.95% -1.03% -1.27% -0.98% -0.06% -0.12% -1.31% NZD -1.01% -0.91% -1.16% -1.04% -0.17% 0.12% -1.20% CHF 0.22% 0.30% 0.06% 0.18% 1.05% 1.31% 1.20% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). The risk-averse market atmosphere helped the USD hold its ground midweek. During the American trading hours, US President Donald Trump said Canada and Mexico tariffs will go into effect on April 2nd and added that they will impose tariffs on EU imports. Trump noted that they will…
Filed under: News - @ February 27, 2025 7:26 am