Switzerland and Ireland were added to the US Treasury’s monitoring list when it comes to FX practices, ING’s FX analyst Chris Turner notes. Substantial break over…
We were caught off guard by the main message from ECB President Christine Lagarde yesterday that the easing cycle was nearing its conclusion, ING’s FX…
‘Slightly pessimistic and uncertain’ was the characterisation of the US outlook expressed in the Fed’s Beige Book released last night and ahead of the next FOMC…
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…
Today’s Bank of Canada meeting has been a very hard one to call, ING’s commodity experts Ewa Manthey and Warren Patterson note. A hold may…
The US Dollar (USD) showed resilience despite the late-session bounce in Treasury yields, supported by strong April JOLTS job openings. That said, the JOLTS data…
Trump said he would increase tariffs on Steel and Aluminium to 50% from 25%, effective 4 June. He made the announcement as he visited a…
Yesterday’s dollar rally didn’t last long. It quickly became clear that the Trump administration would pursue other trade laws to enact its tariffs, and later,…
The Reserve Bank of New Zealand cut rates by 25bp to 3.25% as widely expected this morning, although the overall message was more hawkish than…
The rally in European natural gas took a breather yesterday, with the Title Transfer Facility (TTF) settling 0.66% lower on the day, ING’s commodity experts Ewa…