EUR/GBP ended the day higher following UK inflation data for April surprising significantly to the topside, relative to both consensus and BoE estimate, Danske Bank’s…
The Reserve Bank of Australia (RBA) cut the cash rate by 25bps to 3.85%, as we had expected. The policy statement and Governor Bullock’s subsequent…
Mexican Peso depreciates as USD/MXN rises to 19.60 as safe-haven demand lifts Greenback. Mexico dodges technical recession, but outlook remains fragile, warns Pantheon Macroeconomics. US…
Euro (EUR) is soft, down 0.3% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD strength, Scotiabank’s…
Prior to Easter, EUR/GBP rose on the soft inflation data for March only partly reversed since then on a dovish ECB, Danske Bank’s FX analysts…
The euro is proving the surprise beneficiary of the trade-driven sell-off in risk assets, ING’s FX analyst Chris Turner notes. EUR/USD faces s massive trend…