As expected, the ECB lowered its interest rates by another 25 basis points to 2.0% yesterday. However, the exchange rate only really started to move…
The ECB is widely expected to cut rates by 25bp today. This will take the deposit rate to 2.00%. The market currently prices a further…
EUR/USD faces selling pressure above 1.1400 as the US Dollar rebounds on increased hopes of a quick bilateral trade deal between the US and the…
Early tomorrow morning (European time), the Reserve Bank of New Zealand (RBNZ) will announce its decision on interest rates. All of the economists surveyed by…
Solid March retail sales and Q1 GDP ease recession fears, reinforcing support for MXN. Stronger-than-expected price data prompts markets to dial back expectations for near-term…
The Reserve Bank of Australia (RBA) cut the cash rate by 25bps to 3.85%, as we had expected. The policy statement and Governor Bullock’s subsequent…
EUR/USD is slightly higher to near 1.1200, while the US Dollar flattens ahead of US Michigan survey data. US consumer and producer inflation, and Retail…
This week’s data flow has been quite dovish for the Federal Reserve. After the soft April CPI, PPI dropped by 0.5% month-on-month, against expectations of…
USD/CHF could come under pressure amid rising expectations of additional monetary easing by the Swiss National Bank. The Swiss Franc’s safe-haven appeal may weaken as…
EUR/GBP slumps to near 0.8435 in Monday’s early European session. BoE sticks to a cautious path, supporting the GBP. Traders raise their bets on ECB…