The EUR/USD rally appears driven by real money flows as investors hedge dollar exposure or repatriate US assets. While upcoming Fed easing and slower US…
China’s preliminary trade data for metals, released yesterday, showed imports of unwrought Copper fell 1.4% YoY to 467kt in March, ING’s commodity experts Ewa Manthey…
The German ZEW surveys published today are the first activity indicators to be released in the eurozone since ‘liberation day’. Remember that respondents are financial…
Last week’s FX volatility reached crisis-like levels, sparking fears of deeper market stress. A breakdown in traditional correlations and talk of coordinated dollar devaluation suggest…
Recent reports suggest that Chinese gold exchange-traded funds (ETF) inflows reached a fresh daily record late last week. Investors continue to rush towards the yellow…
The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration…
Sterling rallied against the dollar but sold off against the euro last week, ING’s FX analyst Chris Turner notes. EUR/GBP can have another run at…
EUR/USD did some serious damage to the long-term charts last week and broke out of a bear trend which had roughly contained price action since…
The Swiss franc had its biggest one-day rally since 2015 yesterday, emerging as the preferred recipient of safe-haven flows leaving the dollar. USD/CHF is tentatively…
EUR/GBP briefly traded to 0.8650 yesterday – a move which seems to coincide with the sell-off in UK gilts. That UK gilts even underperformed US…