News

USD/CNH: Any decline is likely limited to a test of 7.1500 – UOB Group
US Dollar (USD) is likely to edge lower against Chinese Yuan (CNH), but any decline is likely limited to a test of 7.1500. In the longer run, downward momentum has increased further; if USD breaks ...
GBP: The damage is done – Commerzbank
British Chancellor of the Exchequer Rachel Reeves, who is committed to budgetary discipline, suddenly found herself alone ...
USD/JPY: Likely to trade between 143.00 and 144.10 – UOB Group
Further US Dollar (USD) consolidation would not be surprising against Japanese Yen (JPY), most likely between 143.00 and 144.10. In the longer run, further declines are not ruled out, but USD may ...
USD: The next US ‘deal’ – Commerzbank
Yesterday, the US government presented another ‘deal,’ the third following agreements with the UK and China, Commerzbank's ...
EUR/GBP pulls back to 0.8625 with the Pound trimming losses after Wednesday’s sell-off
The Pound pares some losses as UK Gilts rebound and UK Services activity beats estimations. The Euro pulls back from highs despite better-than-expected HCOB Services PMI numbers. On Wednesday, revived ...
NZD/USD: Expected to trade in a range between 0.6065 and 0.611 – UOB Group
New Zealand Dollar (NZD) is expected to trade in a range between 0.6065 and 0.6115 against US Dollar (USD). In the longer run ...
Could the ECB prevent a rise in the EUR/USD exchange rate? – Commerzbank
"Of course, the ECB does not pursue a specific exchange rate target, as this would violate the G20 agreement on exchange rate policy. What De Guindos means by this is not the level itself, but the ...
USD/JPY trades cautiously positive around 144.00 ahead of key US data
The USD/JPY pair edges higher to near 143.90 during European trading hours on Thursday. The pair trades cautiously higher as the US Dollar (USD) ticks up ahead of the United States (US) Nonfarm ...
US jobs report ahead of short trading session
EU mid-market update: US jobs report ahead of short trading session; Final House OBBB vote about to start; Vietnam trade deal ...
DXY: Eyes on payrolls, ISM services – OCBC
US Dollar (USD) traded mixed overnight, with losses seen vs. TWD, THB and precious metals but traded largely firmer against most currencies including GBP, AUD, NZD and MYR. DXY was last at 96.83 ...
Will the US jobs report tip the Fed’s hand on rates? DXY eyes key support as data looms
As FX traders sharpen their focus, all eyes are on today’s June US jobs report. The release could be the catalyst that determines whether Fed Chair Jerome Powell holds firm on resisting rate cuts, or ...
GBP/USD: Likely to trade between 1.3585 and 1.3705 – UOB Group
Pound Sterling (GBP) is likely to trade in a range, probably between 1.3585 and 1.3705. In the longer run, week-long positive ...