Banks
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GBP/USD consolidates near 1.3500 – Scotiabank
The Pound Sterling (GBP) is trading flat against the US Dollar (USD), consolidating around 1.3500 as weak construction PMI data…
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EUR holds steady in quiet trade ahead of NA session – Scotiabank
The Euro (EUR) is steady, entering Wednesday’s NA session unchanged vs. the US Dollar (USD) in an overall quiet market. The…
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USD/JPY holds below 158.90 amid China-Japan tensions – BBH
USD/JPY remains under last year’s double-top around 158.90 as China imposes export controls on goods with potential military use, though…
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RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank
Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January…
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AUD/USD breaks higher after trend-line clearance – Société Générale
AUD/USD has broken above a descending trend line and the top of its multi-month range, signaling renewed upside momentum. A pullback…
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GBP/USD: Likely to range-trade between 1.3470 and 1.3535 – UOB Group
Pound Sterling (GBP) is likely to range-trade, most likely between 1.3470 and 1.3535. In the longer run, GBP could rise…
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USD: Miran’s dovish call fails to move markets – MUFG
Fed Governor Miran reiterated his call for aggressive rate cuts, but his comments were seen as predictable and had little…
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EUR/USD: Bias remains tilted to the downside – UOB Group
EUR is likely to edge lower, but any decline is unlikely to reach the major support at 1.1650. In the…
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USD: Markets look past Venezuela shock, refocus on data – ING
The impact of the Venezuelan shock has largely faded, with oil, equities, and FX markets reverting to pre-January levels as…
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AUD: CPI slows as headline inflation misses forecasts – UOB Group
Headline CPI was flat on the month and slowed to 3.4% y/y, undershooting expectations as underlying inflation eased slightly. Despite…
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