As expected, the Bank of England (BoE) decided to keep the Bank Rate unchanged at 4.50% today. The vote split had a hawkish twist to…
EUR/GBP moved lower on the announcement with the hawkish vote split taking centre stage. The still cautious guidance delivered today highlights the more gradual approach…
The US bought crude for its strategic reserves last week for the second straight week, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. Oil market…
The big event for CHF this week is the SNB meeting on Thursday, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. SNB to cut the…
EUR/USD was supported by risk-sentiment during yesterdays’ session rising back above the 1.09 mark with US retail sales not sending any firm signals, Danske Bank’s…
The big event this week for GBP FX is the Bank of England meeting on Thursday, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. German…
The CNY has gained versus the USD lately, but it is more a story about USD weakening than CNY strength. The rate spread between US…
EUR/GBP took a breather during yesterday’s session after rising more than 2% since the beginning of March, Danske Bank’s FX analysts Kristoffer Kjær Lomholt and…
EUR/USD remains around the 1.09 mark. Yesterday’s US February CPI print came in softer than expected, with both headline and core at 0.2% m/m, below…
As widely expected, BoC delivered a 25bp rate cut, bringing its policy rate to 2.75%, Danske Bank’s FX analysts Kristoffer Kjær Lomholt and Filip Andersson…