Dollar steadies as markets await ADP/ISM data; Middle East tensions lift oil, while stocks dip, gold rebounds.
Spain’s HCOB Services PMI hit 51.9 in February, missing expectations of 52.7, indicating slower growth.
Eurozone inflation surprised higher in February; core services rebounded, ECB seen holding rates as energy pressures loom.
VersaBank Q1 EPS met estimates at $0.27; revenue topped forecasts; shares up 13% YTD.
EUR/GBP firmed near 0.8710 as Eurozone inflation beat forecasts, lifting euro; BoE cut expectations dropped sharply.
DBS analyst says DXY rally near 100 looks stretched; safe-haven bid fades, range 96–100.4 persists.
Middle East tensions lift energy costs, threatening Eurozone growth and inflation, pressuring euro lower versus dollar.
USD/CAD nears 1.3695; oil surge supports CAD; weak Canadian GDP; BoC steady; key support/resistance levels.
Japan’s Consumer Confidence Index rose to 40 in February, beating forecasts, signaling improved household sentiment.
UAE gold prices climbed Wednesday: AED 609.18 per gram, tola AED 7,105.33, FXStreet data showed.
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