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Economics

Economic Calendar: Awaiting US Inflation
The easing of tensions in the Middle East is allowing investors to shift their focus back to macroeconomic data from…
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Markets

Chart of The Day – USD/NOK
Monday’s rise in energy commodity prices proved short-lived, weighing further on the Norwegian currency. The USDNOK pair is approaching the…
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Forex

GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
GBP/USD rises to near 1.3375 as the US Dollar corrects sharply. US President Trump sees a total victory over Iran…
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Banks

Japanese Yen: May weaken toward 160.75 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief…
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Banks

Russian Ruble: Oil-driven gains seen fading into year-end – Commerzbank
Commerzbank’s Tatha Ghose notes that Russia’s central bank has shifted EUR/RUB pricing to derive from USD/RUB, despite thin hard-currency trading.…
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Forex

Australian Dollar picks up amid easing geopolitical tensions, bright data from China
AUD/USD hits session highs at 0.7070, although it remains near eight-week lows. Bright Trade Balance data from China has provided…
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Markets

Euro remains stronger against Japanese Yen following German Industrial Production data
EUR/JPY holds gains as a stronger Euro is supported by robust Germany’s Industrial Production. Germany’s seasonally adjusted industrial output rebounded…
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Banks

US Dollar Index: Consolidation phase before data – ING
ING’s Chris Turner notes that risk assets and Asian currencies have stabilised, but expects the US Dollar (USD) to stay…
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Markets

Why is the British Pound struggling when the BoE is considering rate hikes?
The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom’s outlook. Ahead of the key…
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Markets

Trade of The Day: USD/SEK
Facts: USDSEK is testing the support at 9.3990 The main trend from the end of May remains upward The pair…
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