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US Dollar: Inflation outlook and Fed path – UOB
UOB’s Alvin Liew assesses United States (US) inflation and Federal Reserve (Fed) policy after the Ju...
Eurozone Industrial Production remains flat in June vs. -0.1% estimates
The Eurozone industrial sector activity remained flat in June, while it was expected to decline 0.1%...
Euro bounces off one-week low, holds above 1.1500 vs USD as traders look to US PPI
The EUR/USD pair drops to a one-and-a-half-week low during the first half of the European session, t...
Austria Trade Balance: €-563.3M (March) vs previous €342M
Austria Trade Balance: €-563.3M (March) vs previous €342M
Forex Today: US Dollar retreats from two-month high as Middle East tensions ease
Here is what you need to know on Tuesday, June 9:
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. Recent strength in Oil revenues, with Urals averaging ...
GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
The GBP/USD pair trades 0.26% higher at around 1.3375 during the European trading session on Tuesday. The Cable gains as the US Dollar (USD) declines amid expectations that the United States (US) coul ...
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 spike and reversal, but maintain a slightly positive multi-day stance.
USD/CAD Price Forecast: Eases from 1.3960 highs with the bullish trend in play
The US Dollar (USD) trades moderately lower against the Canadian Dollar (CAD) on Tuesday, pulling back from levels a few pips shy of the year-to-date peak, at 1.3966.
Euro holds losses against British Pound despite stronger Germany’s Industrial Production data
The EUR/GBP cross holds negative ground near 0.8640 during the early European trading hours on Tuesday. The Euro (EUR) remains weak against the British Pound (GBP) despite the stronger German Industri ...
Euro: Two month low tests against US Dollar as yields swing – Danske Bank
Danske Research Team notes that EUR/USD briefly touched a new two‑month low near 1.1500 at the start of the week before retracing slightly higher. They highlight concurrent V-shaped moves in global yi ...
Germany’s Industrial Production rises 0.4% MoM in April, as expected
Germany’s industrial sector activity rebounds in April, the latest data published by Destatis showed on Tuesday.
Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -2.8% to -0.5% in April
Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -2.8% to -0.5% in April
Germany Imports (MoM) down to 1.2% in April from previous 5.1%
Germany Imports (MoM) down to 1.2% in April from previous 5.1%
Germany Trade Balance s.a. below forecasts (€15B) in April: Actual (€14.5B)
Germany Trade Balance s.a. below forecasts (€15B) in April: Actual (€14.5B)