EUR/USD: Heavy tone with downside risks – ING ING’s Chris Turner says rising short-dated Eurozone yields on higher Oil and pass-through of input costs are not clearly supportive for EUR/USD. EUR/USD: Heavy tone with downside risks – ING ING’s Chris Turner says rising short
Commerzbank’s Tatha Ghose expects the Russian central bank to deliver another 50bp rate cut, though a pause is possible as inflation picks up and global price risks worsen. Commerzbank’s Tatha Ghose expects the Russian central bank to deliver another 50bp rate cut, though
Dow Jones futures remains subdued due to stalled US-Iran peace efforts Dow Jones futures pares its daily losses but remain in the negative territory, declining by 0.13%, trading above 49,400 during the European hours on Friday, ahead of the United States (US) regular... Do
GBP/USD: Risk building for test of 1.3400 – UOB United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight that GBP/USD dropped sharply to 1.3448 before recovering, with momentum still only modestly negative. GBP/USD: Risk building for test of 1.3400 –
USD/JPY: Intervention risks rise near 160 – OCBC OCBC strategists Sim Moh Siong and Christopher Wong note that USD/JPY is again approaching 160 as the US Dollar (USD) benefits from safe-haven flows and Japanese authorities reiterate intervention... USD/JPY: Intervention ri
USD/JPY Price Forecast: Bulls await range breakout above 160.00 amid intervention fears The USD/JPY pair enters a bullish consolidation phase on Friday and oscillates in a range below the 160.00 psychological mark through the early European session amid mixed cues. USD/JPY
FUNDAMENTAL OVERVIEW USD: The US dollar has been gradually strengthening since Tuesday as the US-Iran stalemate led to some profit-taking on bearish dollar bets. FUNDAMENTAL OVERVIEW USD: The US dollar has been gradually strengthening since Tuesday as the US-Iran stalemate
AUD/USD Price Forecast: Upside towards multi-year high of 0.7220 looks possible The AUD/USD pair trades subduedly around 0.7120 during the European trading session on Friday. AUD/USD Price Forecast: Upside towards multi-year high of 0.7220 looks possible The AUD/USD pair t
EUR/CHF: Higher Oil seen lifting cross – ING Chris Turner at ING argues that a regime of higher Oil prices, inflation and tighter global policy would favour EUR/CHF upside. EUR/CHF: Higher Oil seen lifting cross – ING Chris Turner at ING argues that a regime of higher Oil
USD/CAD Price Forecast: Holds above 1.3700 to test nine-day EMA USD/CAD continues its winning streak for the fourth successive day, trading around 1.3710 during the early European hours on Friday. USD/CAD Price Forecast: Holds above 1.3700 to test nine-day EMA USD/CAD cont