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Preliminary estimates of PMI business activity indices for eurozone countries came in below expectations, taking away about a third of a per cent from EURUSD in the first hours after the release....
Stocks in anticipation mode as gold retreats from new highs. Euro on the back foot despite positive PMI survey numbers. German election could result in a risk-off reaction on Monday. Yen suffers...
The EUR/USD pair is hovering around 1.0503, extending its rally since midweek. The major currency pair has climbed to a two-month high, with market sentiment favouring further gains. Key drivers...
The US dollar has given up all its gains for the week as soft data and US earnings seem to be casting doubts on the notion of US exceptionalism. The USD/JPY is the big winner, receiving extra help...
EUR/USD Key Points Europe has been put in the passenger seat when it comes to peace negotiations in Ukraine, an underappreciated geopolitical risk to EUR/USD. Traders will get their first look at...
The standout move in overnight FX markets has been the drop in USD/JPY close to 150 as traders get excited about another hike from the Bank of Japan. Expect USD/JPY to stay offered today before...
Optimism over Ukraine peace talks is offsetting the impact of Trump’s tariff threats, keeping the euro’s downside limited for now. The 1.0400-1.0430 range is acting as support, while 1.0480-1.0500...
US Dollar stabilizes ahead of tomorrow’s Fed minutes. Yen gains on BoJ hike bets, euro slides. RBA cuts rates but sounds cautious about future moves. RBNZ to deliver another bold cut, focus to fall...
Should Russia and Ukraine ultimately reach a peace deal, the US dollar is probably due another moderate correction – but for now, markets are lacking tangible bearish USD drivers and we think the...
Geopolitics takes centre stage as US markets enjoy a bank holiday. Both gold and US dollar try to recoup Friday’s losses. Major currencies extend monthly gains versus the dollar. Yen benefits from...
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