The US Dollar Index (DXY) tumbled on Friday, shedding early-session gains and dropping below 97.75 after…
Category: Forex
Strong UK data but BoE cut seen – TD Securities
TD Securities analysts note a sharp 1.8% monthly jump in UK Retail Sales and stronger-than-expected PMIs,…
EUR/JPY rises on stronger Eurozone PMI, softer Japanese inflation
EUR/JPY trades around 182.75 on Friday at the time of writing, up 0.13% on the day,…
BoJ timing in focus after soft CPI – Danske Bank
Danske Research Team notes that Japan’s January CPI fell to 1.5% year-on-year, with core CPI at…
Gold price in India: Rates on February 20
Gold prices fell in India on Friday, according to data compiled by FXStreet. The price for…
WTI trades near $66.50 after pulling back from six-month highs
West Texas Intermediate (WTI) Oil price eases after two consecutive sessions of gains, trading near $66.40…
NZD/USD remains trapped below 0.6000 after dovish RBNZ repricing
The RBNZ held the OCR at 2.25% as expected on Wednesday, but Governor Breman’s updated rate…
Import prices challenge bullish narrative – BNY
BNY’s EMEA Macro Strategist Geoff Yu highlights that industrial metals have failed to reclaim early-year highs…
Coalition split sustains political risk – Commerzbank
Commerzbank’s Tatha Ghose argues that recent fragmentation in Poland’s ruling coalition reinforces domestic political risk as…
Holds but signals further easing – Danske Bank
Danske Bank analysts Kirstine Kundby-Nielsen and Jens Peter Sørensen note the growing weakness in the British…