USD/CNH: Surge in momentum suggests further USD strength – UOB Group
The US Dollar (USD) is likely to trade in a range between 7.1350 and 7.1770. In the longer run, surge in momentum suggests further USD strength, but the pace and extent is likely to be more moderate, ...
EUR: Bearish bias remains unchanged – ING
EUR/USD is trading under pressure below 1.0800 in European trading on Friday. A renewed US Dollar uptick and a cautious mood weigh on the pair, as traders digest the Trump win and the Fed rate cut ...
USD/JPY: USD is likely to trade in a range – UOB Group
EUR/USD is trading under pressure below 1.0800 in European trading on Friday. A renewed US Dollar uptick and a cautious mood weigh on the pair, as traders digest the Trump win and the Fed rate cut ...
China swamps news flow to cap off an eclectic week of politics, macro and earnings
- Notable EU Earnings: IAG Q3 beats on top and bottom line, announces €350M buyback, shares rise to highs not seen since 2020 ...
China stimulus disappoints, as 6,000 on the cards for S&P 500
The bulk of the stimulus is linked to local government. Beijing has agreed to raise the debt ceiling from local governments to 35.5 trillion yuan, which will allow them to swap ‘hidden debt’ to the ...
USD: This isn't a Trump trade rethink – ING
EUR/USD is trading under pressure below 1.0800 in European trading on Friday. A renewed US Dollar uptick and a cautious mood weigh on the pair, as traders digest the Trump win and the Fed rate cut ...
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Mexican Peso trades mixed after recovering following Fed decision to cut rates
The Mexican Peso trades mixed in key pairs after extending its recovery on Thursday. The Fed’s decision to cut interest rates ...
NZD/USD: Can edge higher to 0.6075 – UOB Group
Instead of continuing to advance, the New Zealand Dollar (NZD) is more likely to trade in a 0.5980/0.6040 range. In the ...
NZD/USD Price Forecast: Recovery stalls near 20-day EMA
NZD/USD encounters offers after a mean-reversion move to near the 20-day Exponential Moving Average (EMA), which trades ...
Bank of England delivers hawkish rate cut – Commerzbank
As expected, the Bank of England (BoE) yesterday cut interest rates by 25 basis points and lowered its inflation forecast for the fourth quarter, Commerzbank’s FX analyst Michael Pfister notes.
China: The much-anticipated stimulus spectacle turned out to be just another dud
Chinese stocks and the yuan took a nosedive as investors, primed for the fireworks of a big stimulus splash, saw little more than a sputtering sparkler. The lifeline felt more like a quick fix than ...
Dollar Index outlook: Markets digest news from US election /Fed policy outlook
The Dollar Index is in a sideways mode on Friday morning after Thursday’s drop almost fully reversed post-election rally on Wednesday. Near-term action ranging above the base of thick hourly Ichimoku ...