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Monday, February 24, 2025

Asia Market Movers | ForexLive Asia-Pacific FX news wrap: EUR/USD gain on German election, broader USD weakness

ForexLive Asia-Pacific FX news wrap: EUR/USD gain on German election, broader USD weakness

Bank of England speakers Monday: Deputy Governors Lombardelli & Ramsden plus Dhingra China developers are buying land at up to a 20% premium - dipping a toe back in the market New Zealand data - J... 

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Bank of England speakers Monday: Deputy Governors Lombardelli & Ramsden plus Dhingra

The times below are in GMT/US Eastern time format: 0900/0400 Bank of England Deputy Governor Clare Lombardelli gives opening remarks at BoE research conference Lombardelli was the OECD's Chief Econom... 

China developers are buying land at up to a 20% premium - dipping a toe back in the market

China's state-backed developers are ramping up land acquisitions at a premium, following government easing of home price restrictions to revive the struggling property market. So far in 2025, 37% of l... 

New Zealand data - January credit card spending +1.3% y/y (prior -1.3%)

NZD/USD is not being driven by data today, but by the slide in the USD. AUD, EUR, CHF, SGBP, CAD ... all higher. USD/JPY is holding above 149.00 for now after a brief dip under. NZD update:... 

Goldman Sachs stays bullish on China's A-Shares and H-Shares

Goldman Sachs maintains an overweight stance on China's A-shares and H-shares, citing AI-driven growth and liquidity support as key catalysts. Analysts expect H-shares to benefit further from AI advan... 

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FX option expiries for 21 February 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . There are ones for EUR/USD layered through from 1.0440 to 1.0485. That might offer something to work with should the euro area P... 

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