Provided that Australian Dollar (AUD) remains below 0.6245, it could test the major support of 0.6180 before a rebound is likely. In the longer run, AUD must break and remain below 0.6180 before ...
Our best understanding of yesterday's Pound Sterling (GBP) sell-off is that the global bond market sell-off touched a raw nerve in the gilt market and that then the gilt spread widening prompted ...
The single European currency is trading marginally below the 1.03 level in the early hours of Thursday as investors remain cautious and do not seem willing to take big bets on a potential shallow ...
Instead of declining further, EUR is more is likely to trade in a 1.0275/1.0355 range. In the longer run, EUR has to break clearly below 1.0255 before further losses can be expected, UOB Group’s FX ...
GBP/USD accelerates its decline and hits the lowest level in over a year near 1.2250 in European trading on Thursday. The pair feels the heat from the UK bond market sell-off, with the 10-year Gilt ...
EUR/GBP extends its gains for the second successive session, trading around 0.8400 during the European hours on Thursday. The ...
Producer prices in Romania in November decline by 0.4% y/y. Industrial output growth in Hungary in November declined by 2.9% ...
Renewed US inflation fears have forced Fed officials to turn cautious on interest rate cuts.
EUR/USD stays on the back foot and trades slightly below 1.0300 in the European morning on Thursday after closing the second ...
USD/JPY isn’t planning to leave the 158 big figure anytime soon, despite the verbal warnings over the last couple of days from Japanese officials. USD/CNY (7.331) continues to grind higher with the ...
AUD/JPY losses ground as the Australian Dollar (AUD) faces challenges against its peers following domestic economic data, ...
EUR/USD continued to push lower and registered small losses on Wednesday. The pair struggles to find a foothold and fluctuates near 1.0300 in the European morning on Thursday. Germany's Destatis ...