EUR/USD is showing no inclination to trade back above 1.10, ING’s FX analyst Chris Turner notes. Threat of higher oil prices is a large euro negative “Normally we would argue that the prospect of ...
“Brent fell 4.6% to $77.18/barrel, erasing Monday’s 3.7% rise to 80.93. While oil prices have risen from the year’s low, they are still below levels a year ago, another reason why the Fed is not ...
“Today’s FOMC Minutes should echo New York Fed President John Williams’ confidence that inflation was moving towards the 2% target because the US economy and the labour market were getting back in ...
The Australian Dollar (AUD) is expected to trade in a range between 0.6725 and 0.6780. In the longer run, AUD is expected to continue to weaken, albeit likely at a slower pace. The next level to watch ...