Tariff exemptions from the US offered temporary support to the dollar, but broader concerns about credibility and economic weakness continue to weigh. With market correlations…
We are revising our EUR/USD forecast higher to reflect a material shift in the structural drivers, Danske Bank’s FX analyst Frederik Romedahl reports. Europe’s fiscal…
USD/CAD had an eventful start to April, dropping to the 1.40 level following broad USD weakness sparked by Trump’s tariffs on Liberation Day, Danske Bank’s…
EUR/USD seesawed on yesterday’s tariff announcement, initially rallying above 1.09 on the relatively benign 10% flat tariff applied to all US trading partners, declining on…
As we expected, Norges Bank left the policy rate unchanged last week. After all, the interest rate path from December did not necessarily imply an…
EUR/USD holds around 1.08 as Trump imposes auto tariffs and signals lenient reciprocal measures, Danske Bank’s FX analyst Jesper Fjärstedt reports. USD reaction to tariffs…
Kotak Bank Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Gray Wave 3. Position: Orange Wave 3. Direction (Next lower degrees): Gray Wave 4. Invalidation level: 1995. Technical overview: The…
STATE BANK OF INDIA Elliott Wave technical analysis The daily chart for State Bank of India (SBI) highlights a strongly bullish outlook, marking the development of the…
EUR/GBP continues its steady decline lower after the sharp move higher at the beginning of March, Danske Bank’s FX analyst Jesper Fjärstedt reports. EUR/GBP continues…
The Australian Dollar strengthens after the release of upbeat Judo Bank Purchasing Managers Index data on Monday. Australia’s Judo Bank Manufacturing PMI rose to 52.6…