Euro (EUR) extended its move above 1.15-handle on broad US Dollar (USD) softness overnight (post-CPI) and ECB comments. EUR was last at 1.1552 levels, OCBC’s…
The Australian and New Zealand dollars are consolidating recent gains as US-China trade tensions have abated, while the USD failed to regain much ground, ING’s…
Scope for Euro (EUR) to continue to rise; the major resistance at 1.1535 is probably out of reach for now. In the longer run, EUR…
The Euro rallies to fresh seven-week highs with the US Dollar on its back foot. Renewed tariff fears and soft inflation data are weighing on…
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that there is no fixed position on future rate decisions.” Additional quotes Decisions will…
USD/CHF may target the primary support at the descending channel around 0.8110 Bearish bias strengthens as the 14-day Relative Strength Index remains below the 50…
The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint. UK exports to the US saw their largest monthly decline…
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Thursday that “the ECB has arrived at neutral level of rates.” Additional quotes Important ECB doesn’t commit to…
The Pound Sterling faces a sharp selling pressure against its major peers as the UK economy declined at a faster-than-projected pace in April. Slower labor…
Here is what you need to know on Thursday, June 12: Risk sentiment remains sour early Thursday as investors’ take account of the latest trade…