Examining FX performance from both a spot and total return perspective over the last month reveals a bloc of four currencies that stand out. These…
Sterling is fractionally softer on this morning’s UK labour market data for April and May, ING’s commodity experts Ewa Manthey and Warren Patterson note. BoE…
China’s central bank added Gold to its reserves for a seventh consecutive month in May. The People’s Bank of China added 60,000 troy ounces of…
The oil market strengthened over the last week thanks to a variety of global events, with the ICE Brent Aug-25 contract settling almost 5.9% higher.…
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…