This afternoon, European time, the Mexican inflation figures for September will be released, Commerzbank’s FX analyst Michael ...
The CAD retains a soft undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
We see in the left-hand figure below that this was indeed the case – the koruna fell the least. At the same time, the chart confirms the correlated nature of the move, overall. This also means that ...
Crude Oil price has been purified from opportunistic traders that have been piling into the price action with bets on a further escalation in the Middle East. Several stop losses from traders have ...
The US Dollar (USD) retains a firm undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
As expected, the Reserve Bank of New Zealand (RBNZ) increased its pace of interest rate cuts this morning, this time lowering ...
The US Dollar (USD) could continue to trade in a range, likely between 7.0530 and 7.0930. In the longer run, current price ...
The CME Fedwatch Tool shows an 88.6% chance of a 25 basis point (bps) interest rate cut at the next Fed meeting on November 7, while 11.4% is pricing in no rate cut. Chances for a 50 bps rate cut have ...
Inflation expectations in the euro area have collapsed. At one point, the market was only expecting inflation of just over 1.5% in a year's time – well below the ECB's inflation target. However, this ...
Gold price (XAU/USD) extends its losing streak for the sixth consecutive trading day on Wednesday. The precious metal has ...
“The Reserve Bank of New Zealand (RBNZ) slashed its official cash rate (OCR) from 5.25% to 4.75% earlier today, marking its ...
“Critics argue that the budget should have been presented earlier, which would have prevented this policy void from being filled by other news. Investors remain on the lookout for any signs that the ...