Oil, though, was unable to escape the broader risk-off move in markets yesterday. ICE Brent settled 2.5% lower on the day, ING’s commodity experts Ewa…
Fed Chair Jerome Powell delivered the clearest message since ‘liberation day’ yesterday, which was unquestionably hawkish, ING’s FX analyst Francesco Pesole notes. DXY can extend…
While a Bank of Canada hold is widely expected, it’s the looming US-Canada trade tensions and the outcome of Canada’s late-April election that may shape…
AUD/USD has retraced its losses, but the Australian dollar remains fragile amid cross weakness and persistent US-China trade tensions. With the RBA likely to cut…
The New Zealand dollar has shown resilience compared to its Australian counterpart, as markets see less tariff risk for NZ. Despite the RBNZ’s dovish stance—potentially…
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling.…
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…