EUR/GBP gathers strength above 0.8750, BoE rate decision in focus
EUR/GBP trades on a stronger note near 0.8750 in Tuesday’s early European session. Market pricing suggests around a…
Read MoreUSD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD
USD/CHF prolongs its uptrend for the fifth straight day amid sustained USD buying interest. The Fed’s hawkish tilt…
Read MoreCAD: Budget might give some help to CAD – ING
It’s worth monitoring Canada’s budget announcement today, ING's FX analyst Francesco Pesole notes. USD/CAD to hover around 1.40…
Read MoreNZD/USD extends the decline below 0.5700 on downbeat Chinese PMI data, Fed’s hawkish remarks
NZD/USD extends its downside to near 0.5695 in Tuesday’s early Asian session. Chinese RatingDog Manufacturing PMI eased to…
Read MoreAUD/USD: RBA opts for unchanged – Commerzbank
As expected, the Reserve Bank of Australia left its Cash Rate unchanged this morning at 3.6%. Until recently,…
Read MoreJapanese Yen benefits from global flight to safety; BoJ uncertainty might cap gains
The Japanese Yen attracts some intraday buyers amid intervention fears and reviving safe-haven demand. A modest USD pullback…
Read MoreEUR/USD: Pace of decline moderates – OCBC
Euro (EUR) was a touch softer, amid broad USD rebound. EUR last seen at 1.1515 levels, OCBC's FX…
Read MoreThe Fed is not in a hurry to cut rates
The global economy continues to cruise around 3% growth, close to the long-term average. So far, geopolitical uncertainty and…
Read MoreUS Dollar Index (DXY) steadies right below the 100.00 psychological level
The US Dollar Index remains bid right below the 100.00 psychological level. A hawkish Fed and the US-China…
Read MoreEUR/GBP drifts higher above 0.8750 amid ongoing UK budget concerns
EUR/GBP strengthens to around 0.8775 in Monday’s early European session. Most economists expect the BoE to keep interest…
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