Banks
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Equities: Semiconductor bounce looks fragile – Deutsche Bank
Deutsche Bank strategists note that the S&P 500 reached a three-week high as chip stocks rebounded, led by gains in…
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Japanese Yen: Mixed outlook inside 160.60–163.00 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports USD/JPY surged to 162.42 before closing at 162.08, leaving the pair overbought.…
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Euro Summer range holds against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes EUR/USD has been stuck between 1.1350 and 1.1450 since mid-June, with few catalysts expected over the…
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Goldman Sachs turns even more bearish on yen
Goldman Sachs has significantly raised its forecasts for the USD/JPY pair, becoming one of the most bearish investment banks on…
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Chinese Yuan: Bulls extend gains on PMI resilience – Societe Generale
Societe Generale notes that stronger-than-expected China PMI data suggest slow but steady growth, reducing urgency for the PBoC to ease…
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Singapore Dollar: Seen consolidating in range against US Dollar – Commerzbank
Commerzbank highlights that strong Singapore manufacturing and electronics PMIs underpin a constructive growth outlook, with Q2 GDP expected to exceed Q1’s 6%…
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Euro: Slightly reduced upside as policy paths diverge – ABN AMRO
ABN AMRO’s Bill Diviney expects the US Dollar to weaken broadly but notes slightly less upside for EUR/USD after revising the bank’s ECB outlook and…
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CEE FX: Inflation and policy signals reshape regional moves – Societe Generale
Societe Generale notes that CEE FX is being shaped by diverging inflation and policy signals across the region. Polish inflation’s…
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Mexican Peso : Disinflation keeps Banxico on hold – Wells Fargo
Wells Fargo Economics expects Mexico’s June CPI to confirm gradual disinflation, with headline and core inflation easing but services prices…
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Euro: Rally seen tiring below 1.16 against US Dollar – ING
ING’s Francesco Pesole highlights that EUR/USD price action after the US jobs report underlines the lack of a strong bullish…
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