Banks
-
DXY: Hold losses for now – OCBC
US Dollar (USD) drifted lower, on softer-than-expected US consumer confidence and in response to Fed Chair’s comments overnight. While Powell…
Read More » -
USD: Powell’s bullet dodged, at least partly – ING
Geopolitical risk has continued to diminish for markets, as the Israeli-Iranian truce has held since yesterday morning. Markets will be…
Read More » -
Oil edges higher after two-day drop on ceasefire deal – ING
Oil prices rose this morning after a two-day decline, following US President Donald Trump’s statement expressing his desire to maintain…
Read More » -
EUR/USD: Likely to trade between 1.1480 and 1.1660 – UOB Group
Euro (EUR) is unlikely to rise much further against US Dollar (USD), it is more likely to trade in a…
Read More » -
EUR: Testing the big resistance – ING
The EUR/USD rally stalled again in the 1.160-1.165 area and it is plausible markets may require a more compelling macro story (most…
Read More » -
GBP is ignoring softer CBI sentiment – Scotiabank
Pound Sterling (GBP) is up a notable 0.6% vs. the US Dollar (USD), extending Monday’s impressive gains and pushing back…
Read More » -
Copper market tight at the short end, and in the medium term? – Commerzbank
The significant decline in available Copper stocks registered on the LME is also having an impact on the Copper market:…
Read More » -
JPY outshines G10 on policy shift – Scotiabank
The Japanese yen (JPY) is strengthening sharply, climbing 0.8% against the US Dollar (USD) and outperforming most G10 currencies, Scotiabank’s…
Read More » -
USD/CAD soft ahead of key Canada CPI data – BBH
USD/CAD is trading heavy near 1.3700 after peaking at 1.3800 yesterday, BBH FX analysts report. BOC cut in question as USD/CAD…
Read More » -
NBH to hold steady at 6.50% as inflation risks linger – BBH
National Bank of Hungary is widely expected to keep rates steady at 6.50%, BBH FX analysts report. Hungary’s Central Bank…
Read More »
