EUR/USD: Downside risk within defined range – UOB United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see EUR/USD biased lower in the near term after breaking below 1.1720, but doubts a move to major support at 1.1665 today. EUR/USD: Downside risk within
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see EUR/USD biased lower in the near term after breaking below 1.1720, but doubts a move to major support at 1.1665 today. United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see EUR/US
Hormuz escalation is dominating tone, compressing risk appetite into stagflation narrative EU mid-market update: European PMIs roll over as energy shock meets growth stall; Hormuz escalation is dominating tone, compressing risk appetite into stagflation... Hormuz escalatio
GBP/USD stabilizes as UK PMI-driven Pound support meets steady US Dollar demand GBP/USD trades around 1.3500 on Thursday, virtually unchanged on the day, after recovering earlier losses following the release of stronger-than-expected UK activity... GBP/USD stabilizes as UK
EUR/USD falls for third day as geopolitics and strong Dollar dictate terms EUR/USD has declined steadily, falling to 1.1688 on Thursday. EUR/USD falls for third day as geopolitics and strong Dollar dictate terms EUR/USD has declined steadily, falling to 1.1688 on Thursday.
EUR/USD hesitates at 1.1700 after mixed Eurozone PMI figures The Euro (EUR) posts marginal losses against the US Dollar (USD) on Wednesday, trading at 1.1700 at the time of writing, following mixed Eurozone business activity data for... EUR/USD hesitates at 1.1700 after mi
Doubts for the US-Iranian negotiations enhanced The USD gained across the board in the FX market yesterday. Doubts for the US-Iranian negotiations enhanced The USD gained across the board in the FX market yesterday. The market’s worries for an impasse in the US-Iranian con
The Eurozone’s goods trade surplus is under structural threat The eurozone's trade balance for goods is facing both cyclical and structural pressure. The Eurozone’s goods trade surplus is under structural threat The eurozone's trade balance for goods is facing both cyclica
EUR/CAD holds losses below 1.6000 following PMI data from Germany, Eurozone EUR/CAD extends its losing streak for the seventh consecutive day, trading around 1.5980 during the European hours on Thursday. EUR/CAD holds losses below 1.6000 following PMI data from Germany, Eu
The PMI data from the euro area today shows a significant contrast. The PMI data from the euro area today shows a significant contrast. While the industry sector held up in April, albeit with a caveat, the services sector struggled due to softer demand conditions amid the