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…
Copper and other base metals rallied in early morning trading today following President Trump’s 90-day tariff pause, ING’s commodity analysts Warren Patterson and Ewa Manthey…
Elsewhere, the Norwegian krone is having a good rally today, ING’s FX analyst Chris Turner notes. Norwegian Krone gains as inflation persists “It had been…
Oil prices rallied along with risk assets yesterday after President Trump paused reciprocal tariffs on most trading partners, at least those that haven’t retaliated yet.…
The EUR/USD market is sometimes referred to as a ‘washing machine’ where global trade and portfolio flows meet and cancel each other out, ING’s FX…