Banks
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DXY: Lacks steady upward momentum – Societe Generale
The Dollar Index (DXY) failed to cross above January high of 110.15 in recent attempt and has gradually pulled back…
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EUR/USD: Technical target for EUR is 1.0530 – UOB Group
Outlook for Euro (EUR) vs US Dollar (USD) is positive, with a technical target of 1.0530. In the longer run,…
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European Commission: US President Trump’s reciprocal tariffs are a step in the wrong direction
Responding to US President Donald Trump’s reciprocal tariffs plan on Friday, the European Commission noted that “Trump’s reciprocal tariffs are…
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EURO: A little more room to correct – ING
The components of yesterday’s US January PPI release which read over to the core PCE deflator came in quite benign…
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Today’s Economic Calendar – BOC Rate Decision
Today’s calendar features crucial US inflation data, Bank of Canada’s rate decision, and EIA inventory reports. Markets await OPEC’s monthly…
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China: CEWC to elaborate on ‘extraordinary’ stimulus – Standard Chartered
Upcoming CEWC likely to set a pro-growth tone and lay out stimulus plan, echoing the Politburo. Shift to an ‘appropriately…
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RBA: Unchanged interest rate, changed tonality – Commerzbank
This morning, the Reserve Bank of Australia (RBA) left the key interest rate unchanged at 4.35 per cent in its…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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Fed’s Daly: We are ready to raise rates if inflation breaks out again.
Federal Reserve (Fed) Bank of San Francisco President Mary Daly cautioned markets on Friday, warning that despite data still leaning…
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Fed Bowman Signals Stalling Progress on Lowering US Inflation
Michelle Bowman from the US Federal Reserve Board of Governors signalled, today, that ‘progress on US inflation seems to have stalled.’ Here…
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