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Banks

US Dollar: Rally starting to look stretched – ING
ING’s FX Strategist Francesco Pesole notes the Dollar has jumped, with DXY above 101.0, supported by strong US PMIs, higher…
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Banks

Swiss Franc: SNB intervention bias dialed down – Societe Generale
Societe Generale strategists note that EUR/CHF has rebounded about 0.3% after the Swiss National Bank (SNB) left rates at 0.0%…
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Banks

Euro: Downside risks start to shrink against US Dollar – ING
Francesco Pesole at ING argues EUR/USD’s break below 1.140 has pushed the pair into stretched undervaluation versus their short-term fair…
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Banks

US Dollar: Higher yields support currency – MUFG
MUFG’s Derek Halpenny notes the US Dollar (USD) is strengthening as US fixed income sells off, driving global bond weakness…
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Banks

Brazilian Real: Exchange rate seen weaker into year-end – Rabobank
Rabobank’s Mauricio Une and Renan Alves note that the Federal Reserve (Fed) raised rates by 25 bps and signaled a…
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Markets

Trade of The Day – USD/CHF
Facts: USDCHF is trading above the 100-period moving average from D1 interval The pair bounced off the horizontal support area…
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Markets

German Ifo stronger than expected but DE40 loses
German Ifo business sentiment data came in slightly above expectations. The Ifo Business Climate Index pointed to a further improvement…
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Economics

Norges Bank raises intrest rates
10:00 – Decision of the Norwegian Monetary Policy Committee The deposit rate was raised by 25 bps. Current: 4.5% Previous:…
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Markets

Chart of the Day: OIL Returns to Gains. U.S.–Iran Talks Remain Deadlocked
Brent crude futures ( OIL ) are rising today following the contract rollover and are gradually moving back toward the…
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Metals

XAG/USD falls to near $64.00 amid rising Fed rate hike odds
Strong US manufacturing PMI data and rising Treasury yields are placing heavy downward pressure on Silver. Odds of an October…
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