Wednesday’s Spending Review shouldn’t be a big moment for financial markets, ING’s FX analyst Francesco Pesole notes. Tax rises loom in autumn budget “We already…
The Japanese Yen attracts sellers for the second straight day in reaction to disappointing domestic data. The optimism over the resumption of US-China trade talks…
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,…
AUD/JPY depreciates, buoyed by stronger-than-expected Japanese household spending data—signaling a potential rebound in domestic consumption. Japan’s Overall Household Spending in Japan rose 2.1% YoY in…
The two leading credit and payment providers, Visa (NYSE:V) and Mastercard (NYSE:MA), reported quarterly earnings this week and the results were better than anticipated. Both…
In its Financial Stability Review (FSR) published on Thursday, the Reserve Bank of Australia (RBA) warned that the US “tariffs could have a chilling effect…
EUR/GBP gained support as demand for increased deficit spending rose among the Eurozone’s largest economies. Germany approved a landmark €500 billion spending package for defense…
The German Bundestag votes on Friedrich Merz’s fiscal spending plan today, ING’s FX analyst Francesco Pesole notes. EUR/USD can move above 1.0950 today “It is…
EUR/GBP remains steady ahead of Tuesday’s critical German spending plan vote. The CDU/CSU bloc, led by election winner Friedrich Merz, is expected to secure the…
EUR/USD advances above 1.0900 as the US Dollar extends its downside amid growing concerns over the US economic outlook. The Euro gains as German Greens…